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COFS

ChoiceOne Financial Services NasdaqCM:COFS Stock Report

Last Price

US$24.26

Market Cap

US$182.3m

7D

6.9%

1Y

-5.2%

Updated

07 Dec, 2022

Data

Company Financials
COFS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends4/6

COFS Stock Overview

ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides community banking services to corporations, partnerships, and individuals in Michigan.

ChoiceOne Financial Services, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ChoiceOne Financial Services
Historical stock prices
Current Share PriceUS$24.26
52 Week HighUS$27.90
52 Week LowUS$19.20
Beta0.43
1 Month Change6.97%
3 Month Change9.92%
1 Year Change-5.23%
3 Year Change-23.64%
5 Year Change10.79%
Change since IPO93.52%

Recent News & Updates

ChoiceOne Financial Services (NASDAQ:COFS) Has Announced That It Will Be Increasing Its Dividend To $0.26

Dec 04
ChoiceOne Financial Services (NASDAQ:COFS) Has Announced That It Will Be Increasing Its Dividend To $0.26

Recent updates

ChoiceOne Financial Services (NASDAQ:COFS) Has Announced That It Will Be Increasing Its Dividend To $0.26

Dec 04
ChoiceOne Financial Services (NASDAQ:COFS) Has Announced That It Will Be Increasing Its Dividend To $0.26

ChoiceOne Financial Services (NASDAQ:COFS) Is Due To Pay A Dividend Of $0.25

Aug 28
ChoiceOne Financial Services (NASDAQ:COFS) Is Due To Pay A Dividend Of $0.25

ChoiceOne Financial Services' (NASDAQ:COFS) Upcoming Dividend Will Be Larger Than Last Year's

Sep 03
ChoiceOne Financial Services' (NASDAQ:COFS) Upcoming Dividend Will Be Larger Than Last Year's

ChoiceOne Financial Services, Inc. (NASDAQ:COFS) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Mar 07
ChoiceOne Financial Services, Inc. (NASDAQ:COFS) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Reflecting on ChoiceOne Financial Services' (NASDAQ:COFS) Share Price Returns Over The Last Year

Feb 18
Reflecting on ChoiceOne Financial Services' (NASDAQ:COFS) Share Price Returns Over The Last Year

I Built A List Of Growing Companies And ChoiceOne Financial Services (NASDAQ:COFS) Made The Cut

Jan 14
I Built A List Of Growing Companies And ChoiceOne Financial Services (NASDAQ:COFS) Made The Cut

Should You Buy ChoiceOne Financial Services, Inc. (NASDAQ:COFS) For Its Upcoming Dividend?

Dec 09
Should You Buy ChoiceOne Financial Services, Inc. (NASDAQ:COFS) For Its Upcoming Dividend?

Is ChoiceOne Financial Services, Inc. (NASDAQ:COFS) An Attractive Dividend Stock?

Dec 07
Is ChoiceOne Financial Services, Inc. (NASDAQ:COFS) An Attractive Dividend Stock?

Shareholder Returns

COFSUS BanksUS Market
7D6.9%-5.9%-0.4%
1Y-5.2%-20.1%-20.6%

Return vs Industry: COFS exceeded the US Banks industry which returned -20.1% over the past year.

Return vs Market: COFS exceeded the US Market which returned -20.6% over the past year.

Price Volatility

Is COFS's price volatile compared to industry and market?
COFS volatility
COFS Average Weekly Movement3.7%
Banks Industry Average Movement4.1%
Market Average Movement7.4%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.3%

Stable Share Price: COFS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: COFS's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1898353Kelly Poteshttps://www.choiceone.com

ChoiceOne 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.

ChoiceOne Financial Services, Inc. Fundamentals Summary

How do ChoiceOne Financial Services's earnings and revenue compare to its market cap?
COFS fundamental statistics
Market CapUS$182.29m
Earnings (TTM)US$21.97m
Revenue (TTM)US$80.03m

8.3x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
COFS income statement (TTM)
RevenueUS$80.03m
Cost of RevenueUS$0
Gross ProfitUS$80.03m
Other ExpensesUS$58.06m
EarningsUS$21.97m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.92
Gross Margin100.00%
Net Profit Margin27.45%
Debt/Equity Ratio26.0%

How did COFS perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

34%

Payout Ratio

Does COFS pay a reliable dividends?

See COFS dividend history and benchmarks
When do you need to buy COFS by to receive an upcoming dividend?
ChoiceOne Financial Services dividend dates
Ex Dividend DateDec 14 2022
Dividend Pay DateDec 30 2022
Days until Ex dividend6 days
Days until Dividend pay date22 days

Does COFS pay a reliable dividends?

See COFS dividend history and benchmarks