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Mackinac Financial Corp (NAS:MFNC)
Pretax Income
\$6.12 Mil (TTM As of Sep. 2016)

Pretax income is the income that a company earns before paying income taxes. Mackinac Financial Corp's pretax income for the three months ended in Sep. 2016 was \$2.70 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2016 was \$6.12 Mil. Mackinac Financial Corp's pretax margin was 26.51%.

During the past 13 years, Mackinac Financial Corp's highest Pretax Margin was 25.83%. The lowest was -20.43%. And the median was 16.09%.

Definition

This is the income that a company earns before paying income taxes.

Mackinac Financial Corp's Pretax Income for the fiscal year that ended in Dec. 2015 is calculated as

 Pretax Income = Operating Income + Other = 7.929 + 0 = 7.93

Mackinac Financial Corp's Pretax Income for the quarter that ended in Sep. 2016 is calculated as

 Pretax Income = Operating Income + Other = 2.7 + 0 = 2.70

Mackinac Financial Corp Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2016 was 1.852 (Dec. 2015 ) + 1.717 (Mar. 2016 ) + -0.151 (Jun. 2016 ) + 2.7 (Sep. 2016 ) = \$6.12 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

Mackinac Financial Corp's Pretax Margin for the quarter that ended in Sep. 2016 is calculated as

 Pretax Margin = Pretax Income / Revenue = 2.7 / 10.185 = 26.51%

During the past 13 years, Mackinac Financial Corp's highest Pretax Margin was 25.83%. The lowest was -20.43%. And the median was 16.09%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Mackinac Financial Corp Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Pretax Income 1.22 2.92 2.66 3.54 -3.92 3.32 6.17 5.53 2.83 7.93

Mackinac Financial Corp Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Pretax Income 1.22 1.34 -0.73 2.08 2.45 1.54 1.85 1.72 -0.15 2.70
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