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ChoiceOne Financial Services, Inc.(COFS)Earnings, Financials & Key Ratios
COFS•NASDAQ•Banking & Credit
$33.15
16.5× P/E·Price updated Jul 7, 2026
AboutChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides community banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, safe deposit, and automated transaction machine services. It also provides commercial loans, such as business, industry, agricultural, construction, inventory, and real estate loans; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers safe deposit and automated transaction machine services; and alternative investment products, including annuities and mutual funds, as well as sells insurance policies, such as life and health for commercial and consumer clients. It operates 32 full-service offices in Kent, Muskegon, Newaygo, and Ottawa, Lapeer, Macomb, and St. Clair counties, Michigan. The company also operates three loan production offices. ChoiceOne Financial Services, Inc. was founded in 1898 and is headquartered in Sparta, Michigan.Show more
- Net Interest Income$137M+84.1%
- Total Revenue$193M+38.7%
- Net Income$28M+5.4%
- Return on Equity7.76%-33.8%
- Net Interest Margin3.11%+13.7%
- Efficiency Ratio40.44%-4.2%
- ROA0.79%-21.7%
- Equity / Assets10.55%+10.3%
- Book Value per Share33.26+5.0%
COFS Price & Volume
ChoiceOne Financial Services, Inc. (COFS) stock price & volume — 10-year historical chart
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Acquisition Driven Scale Masks Asset Duration Risk
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Margin compression from funding
Key Thesis Takeaways
- ChoiceOne Financial Services has successfully utilized inorganic growth to expand its total assets from $2.6 billion in 2023Q4 to $4.4 billion in 2026Q1, fundamentally altering its earnings profile.
- While the bank has rationalized its cost structure to achieve a 43.6% efficiency ratio in 2026Q1, investors should monitor the heavy concentration of investment securities, which comprise over 90% of total assets.
- The transition to a normalized credit environment, evidenced by zero provision expense in 2026Q1, suggests a stabilization of the balance sheet following the recent integration phase.
Verdict Logic
while the forward P/E of 9.12 suggests potential value, the bank's heavy exposure to a $4.0 billion securities portfolio and lean cash position of $83.9 million require further monitoring of interest rate sensitivity.
COFS Growth Metrics
ChoiceOne Financial Services, Inc. (COFS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years21.7%
5 Years19.72%
3 Years29.35%
TTM-
Profit CAGR
10 Years17.24%
5 Years12.53%
3 Years6.03%
TTM676.21%
EPS CAGR
10 Years2.44%
5 Years-0.59%
3 Years-13.91%
TTM193.65%
Return on Capital
10 Years8.78%
5 Years9.11%
3 Years7.89%
Last Year7.43%
COFS Recent Earnings
ChoiceOne Financial Services, Inc. (COFS) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (100%)●Beat Revenue 4/12 qtrs (67%)
Q2 2026Latest
Apr 24, 2026Metric
Actual
Est
EPS
$0.91+7.1%
$0.85
Rev
$42M-0.6%
$43M
Q2 2026
Mar 13, 2026Metric
Actual
Est
EPS
$0.92
—
Rev
$60M
—
Q1 2026
Jan 30, 2026Metric
Actual
Est
EPS
$0.92+1.1%
$0.91
Rev
$43M-2.1%
$44M
Q4 2025
Oct 24, 2025Metric
Actual
Est
EPS
$0.97+12.8%
$0.86
Rev
$45M+2.1%
$44M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 24, 2026 | $0.91vs $0.85+7.1% | $42Mvs $43M-0.6% |
| Q2 2026 | Mar 13, 2026 | $0.92 | $60M |
| Q1 2026 | Jan 30, 2026 | $0.92vs $0.91+1.1% | $43Mvs $44M-2.1% |
| Q4 2025 | Oct 24, 2025 | $0.97vs $0.86+12.8% | $45Mvs $44M+2.1% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for ChoiceOne Financial Services, Inc. (COFS)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $33.15 | $496.42M | 16.49 | 38.67% | 14.61% | 7.76% | 3.65% | |
| $57.41 | $991.72M | 10.51 | 2.74% | 24.23% | 13.36% | — | |
| $35.76 | $736.88M | 10.94 | -0.3% | 22.54% | 14.15% | — | |
| $23.29 | $224.61M | 15.95 | -9.41% | 16.49% | 8% | — | |
| $57.40 | $457.66M | 12.90 | 6.13% | 18.69% | 13.31% | — | |
| $61.57 | $1.53B | 15.35 | -1.93% | 25.81% | 14.79% | — |
Compare COFS vs Peers
ChoiceOne Financial Services, Inc. (COFS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
COFS SEC Filings & Documents
ChoiceOne Financial Services, Inc. (COFS) SEC filings — annual & quarterly reports (10-K, 10-Q)
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COFS Frequently Asked Questions
ChoiceOne Financial Services, Inc. (COFS) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is ChoiceOne Financial Services, Inc. growing?
ChoiceOne Financial Services, Inc. (COFS) grew revenue by 38.7% over the past year. This is strong growth.
Is COFS profitable?
Yes, ChoiceOne Financial Services, Inc. (COFS) is profitable, generating $55.8M in net income for fiscal year 2025 (14.6% net margin).
Dividend & Returns
Does COFS pay dividends?
Yes, ChoiceOne Financial Services, Inc. (COFS) pays a dividend with a yield of 3.65%. This makes it attractive for income-focused investors.
What is COFS's return on equity?
ChoiceOne Financial Services, Inc. (COFS) has a return on equity (ROE) of 7.8%. This is below average, suggesting room for improvement.
Industry Metrics
What is ChoiceOne Financial Services, Inc.'s net interest margin?
ChoiceOne Financial Services, Inc. (COFS) has a net interest margin (NIM) of 3.1%. This indicates healthy earnings from lending activities.
What is ChoiceOne Financial Services, Inc.'s efficiency ratio?
ChoiceOne Financial Services, Inc. (COFS) has an efficiency ratio of 40.4%. This is excellent, indicating strong cost control.