ChoiceOne Financial Services Past Earnings Performance
Past criteria checks 2/6
ChoiceOne Financial Services has been growing earnings at an average annual rate of 19.4%, while the Banks industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 14.5% per year. ChoiceOne Financial Services's return on equity is 10.6%, and it has net margins of 27.2%.
Key information
19.4%
Earnings growth rate
12.6%
EPS growth rate
Banks Industry Growth | 11.2% |
Revenue growth rate | 14.5% |
Return on equity | 10.6% |
Net Margin | 27.2% |
Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
ChoiceOne Financial Services' (NASDAQ:COFS) Upcoming Dividend Will Be Larger Than Last Year's
Dec 13ChoiceOne Financial Services' (NASDAQ:COFS) Upcoming Dividend Will Be Larger Than Last Year's
Aug 28ChoiceOne Financial Services (NASDAQ:COFS) Has Announced That It Will Be Increasing Its Dividend To $0.26
Jun 01ChoiceOne Financial Services (NASDAQ:COFS) Has Announced That It Will Be Increasing Its Dividend To $0.26
Dec 04ChoiceOne Financial Services (NASDAQ:COFS) Is Due To Pay A Dividend Of $0.25
Aug 28ChoiceOne Financial Services declares $0.25 dividend
Aug 24ChoiceOne Financial Services GAAP EPS of $0.75, revenue of $19.72M
Jul 27ChoiceOne Financial: Loans Likely To Start Recovering By Next Year
Sep 16ChoiceOne Financial Services' (NASDAQ:COFS) Upcoming Dividend Will Be Larger Than Last Year's
Sep 03ChoiceOne Financial Services declares $0.22 dividend
May 28ChoiceOne Financial Services, Inc. (NASDAQ:COFS) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Mar 07Reflecting on ChoiceOne Financial Services' (NASDAQ:COFS) Share Price Returns Over The Last Year
Feb 18ChoiceOne Financial Services reports Q4 results
Jan 31I Built A List Of Growing Companies And ChoiceOne Financial Services (NASDAQ:COFS) Made The Cut
Jan 14Should You Buy ChoiceOne Financial Services, Inc. (NASDAQ:COFS) For Its Upcoming Dividend?
Dec 09Is ChoiceOne Financial Services, Inc. (NASDAQ:COFS) An Attractive Dividend Stock?
Dec 07Revenue & Expenses Breakdown
How ChoiceOne Financial Services makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Jun 24 | 83 | 23 | 48 | 0 |
31 Mar 24 | 81 | 21 | 48 | 0 |
31 Dec 23 | 81 | 21 | 48 | 0 |
30 Sep 23 | 81 | 23 | 48 | 0 |
30 Jun 23 | 82 | 23 | 48 | 0 |
31 Mar 23 | 82 | 24 | 48 | 0 |
31 Dec 22 | 81 | 24 | 47 | 0 |
30 Sep 22 | 80 | 22 | 47 | 0 |
30 Jun 22 | 80 | 22 | 47 | 0 |
31 Mar 22 | 80 | 21 | 47 | 0 |
31 Dec 21 | 79 | 22 | 46 | 0 |
30 Sep 21 | 78 | 21 | 46 | 0 |
30 Jun 21 | 77 | 19 | 47 | 0 |
31 Mar 21 | 76 | 19 | 46 | 0 |
31 Dec 20 | 70 | 16 | 44 | 0 |
30 Sep 20 | 65 | 15 | 42 | 0 |
30 Jun 20 | 54 | 12 | 35 | 0 |
31 Mar 20 | 44 | 9 | 29 | 0 |
31 Dec 19 | 37 | 7 | 25 | 0 |
30 Sep 19 | 30 | 6 | 20 | 0 |
30 Jun 19 | 30 | 7 | 19 | 0 |
31 Mar 19 | 29 | 7 | 18 | 0 |
31 Dec 18 | 29 | 7 | 18 | 0 |
30 Sep 18 | 29 | 7 | 18 | 0 |
30 Jun 18 | 29 | 7 | 18 | 0 |
31 Mar 18 | 28 | 6 | 17 | 0 |
31 Dec 17 | 28 | 6 | 17 | 0 |
30 Sep 17 | 28 | 6 | 17 | 0 |
30 Jun 17 | 27 | 6 | 17 | 0 |
31 Mar 17 | 27 | 6 | 17 | 0 |
31 Dec 16 | 27 | 6 | 16 | 0 |
30 Sep 16 | 27 | 6 | 16 | 0 |
30 Jun 16 | 26 | 5 | 16 | 0 |
31 Mar 16 | 26 | 5 | 16 | 0 |
31 Dec 15 | 26 | 6 | 16 | 0 |
30 Sep 15 | 26 | 6 | 15 | 0 |
30 Jun 15 | 26 | 6 | 15 | 0 |
31 Mar 15 | 25 | 6 | 15 | 0 |
31 Dec 14 | 25 | 6 | 14 | 0 |
30 Sep 14 | 24 | 5 | 14 | 0 |
30 Jun 14 | 23 | 5 | 14 | 0 |
31 Mar 14 | 23 | 5 | 14 | 0 |
31 Dec 13 | 24 | 5 | 14 | 0 |
Quality Earnings: COFS has high quality earnings.
Growing Profit Margin: COFS's current net profit margins (27.2%) are lower than last year (28.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: COFS's earnings have grown by 19.4% per year over the past 5 years.
Accelerating Growth: COFS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: COFS had negative earnings growth (-3%) over the past year, making it difficult to compare to the Banks industry average (-15.9%).
Return on Equity
High ROE: COFS's Return on Equity (10.6%) is considered low.