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Mackinac Financial Gross Profit

Track Mackinac Financial's gross profit ($63M) with charts, peers, and YoY trends.

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Quarterly Gross Profit

$15.27M
↓ 6.99% YoY

As of Jun 30, 2021

Annual Gross Profit (TTM)

$62.66M
↑ 3.43% YoY

Trailing 12 months ending Jun 30, 2021

Average Gross Profit (Comparison Companies)

Gross Profit History

Gross Profit Comparison

Annual Gross Profit Growth Rate (%)

Annual Gross Profit Growth (Absolute)

Mackinac Financial (MFNC) FAQ

The latest gross profit for MFNC is $63M as of June 2021. That compares with $61M in the prior-year period — up 3.4% year over year. That is below the Finance sector average of $750B. Investors often review this figure alongside Mackinac Financial's historical trend and sector peers before judging valuation or financial health.

Over the past year, MFNC's gross profit moved from $61M to $63M — a 3.4% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Mackinac Financial's operating scale or balance-sheet position.

Against Finance companies, MFNC currently prints $63M for gross profit, while the sector average sits near $750B. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at Mackinac Financial's growth, margins, and balance sheet.

A gross profit figure of $63M for MFNC is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Finance average is about $750B. Explore the charts below for those layers of context.

After noting MFNC's gross profit ($63M), review year-over-year change from $61M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.