ChoiceOne Financial Services, Inc. (COFS)

Market Cap	321.49M
Revenue (ttm)	87.90M
Net Income (ttm)	24.86M
Shares Out	8.96M
EPS (ttm)	3.16
PE Ratio	11.34
Forward PE	9.66
Dividend	$1.09 (3.04%)
Ex-Dividend Date	Dec 13, 2024

Volume	116,316
Open	33.97
Previous Close	34.27
Day's Range	33.97 - 36.00
52-Week Range	21.52 - 38.15
Beta	0.65
Analysts	Strong Buy
Price Target	37.00 (+3.09%)
Earnings Date	Jan 22, 2025

About COFS

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...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1898
• Employees: 389
• Stock Exchange: NASDAQ
• Ticker Symbol: COFS
• Website: https://www.choiceone.bank

Financial Performance

In 2023, COFS's revenue was $80.64 million, a decrease of -0.61% compared to the previous year's $81.14 million. Earnings were $21.26 million, a decrease of -10.06%.

Analyst Forecast

According to one analyst, the rating for COFS stock is "Strong Buy" and the 12-month stock price forecast is $37.0.

Price Target

$37.0

(3.09% upside)

Analyst Consensus: Strong Buy