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Mackinac Financial Corp (NAS:MFNC)
Pretax Income
$5.30 Mil (TTM As of Mar. 2014)

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 Mar. 2014 was $0.99 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2014 was $5.30 Mil. Mackinac Financial Corp's pretax margin was 15.82%.

During the past 13 years, Mackinac Financial Corp's highest Pretax Margin was 181.46%. The lowest was -132.18%. And the median was 19.27%.


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. 2013 is calculated as

Pretax Income=Operating Income+Other
=5.534+0
=5.53

Mackinac Financial Corp's Pretax Income for the quarter that ended in Mar. 2014 is calculated as

Pretax Income=Operating Income+Other
=0.994+0
=0.99

Mackinac Financial Corp Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2014 was 1.897 (Jun. 2013 ) + 1.352 (Sep. 2013 ) + 1.057 (Dec. 2013 ) + 0.994 (Mar. 2014 ) = $5.30 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Mackinac Financial Corp's Pretax Margin for the quarter that ended in Mar. 2014 is calculated as

Pretax Margin=Pretax Income/Revenue
=0.994/6.284
=15.82%

During the past 13 years, Mackinac Financial Corp's highest Pretax Margin was 181.46%. The lowest was -132.18%. And the median was 19.27%.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Mackinac Financial Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Pretax Income -1.470.001.222.922.663.54-3.923.326.175.53

Mackinac Financial Corp Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Pretax Income 0.111.041.971.561.601.231.901.351.060.99
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