COFS Stock Overview
Operates as the bank holding company for ChoiceOne Bank that provides banking services to corporations, partnerships, and individuals in Michigan. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 5/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
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ChoiceOne Financial Services, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$31.91 |
| 52 Week High | US$38.15 |
| 52 Week Low | US$21.52 |
| Beta | 0.65 |
| 1 Month Change | -7.67% |
| 3 Month Change | -13.17% |
| 1 Year Change | 22.03% |
| 3 Year Change | 25.58% |
| 5 Year Change | -3.30% |
| Change since IPO | 154.54% |
Recent News & Updates
Recent updates
ChoiceOne Financial Services' (NASDAQ:COFS) Upcoming Dividend Will Be Larger Than Last Year's
Dec 13
ChoiceOne 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 18
ChoiceOne Financial Services reports Q4 results
Jan 31Shareholder Returns
| COFS | US Banks | US Market | |
|---|---|---|---|
| 7D | -1.9% | -4.4% | -2.2% |
| 1Y | 22.0% | 33.4% | 18.3% |
Return vs Industry: COFS underperformed the US Banks industry which returned 36.7% over the past year.
Return vs Market: COFS exceeded the US Market which returned 20.8% over the past year.
Price Volatility
| COFS volatility | |
|---|---|
| COFS Average Weekly Movement | 3.3% |
| Banks Industry Average Movement | 3.9% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 17.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: COFS has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: COFS's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1898 | 377 | Kelly Potes | www.choiceone.bank |
ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides 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 lending products, 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
| COFS fundamental statistics | |
|---|---|
| Market cap | US$286.09m |
| Earnings (TTM) | US$26.73m |
| Revenue (TTM) | US$91.81m |
10.7x
P/E Ratio1.1x
P/B RatioIs COFS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| COFS income statement (TTM) | |
|---|---|
| Revenue | US$91.81m |
| Cost of Revenue | US$0 |
| Gross Profit | US$91.81m |
| Other Expenses | US$65.09m |
| Earnings | US$26.73m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.98 |
| Gross Margin | 100.00% |
| Net Profit Margin | 29.11% |
| Debt/Equity Ratio | 80.9% |
How did COFS perform over the long term?
See historical performance and comparisonDividends
3.5%
Current Dividend Yield33%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/22 04:00 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
ChoiceOne Financial Services, Inc. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Rulis | D.A. Davidson & Co. |
| null null | D.A. Davidson & Co. |
| Daniel Cardenas | Janney Montgomery Scott LLC |