ChoiceOne Financial Services, Inc. (COFS)
| Market Cap | 216.71M |
| Revenue (ttm) | 80.06M |
| Net Income (ttm) | 21.97M |
| Shares Out | 7.51M |
| EPS (ttm) | 2.92 |
| PE Ratio | 9.90 |
| Forward PE | n/a |
| Dividend | $1.01 (3.50%) |
| Ex-Dividend Date | Dec 14, 2022 |
| Volume | 8,264 |
| Open | 28.43 |
| Previous Close | 28.38 |
| Day's Range | 28.18 - 28.90 |
| 52-Week Range | 19.20 - 29.99 |
| Beta | 0.30 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 25, 2023 |
About COFS
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 ... [Read more]
Financial Performance
In 2021, COFS's revenue was $79.42 million, an increase of 13.83% compared to the previous year's $69.77 million. Earnings were $22.04 million, an increase of 41.18%.
Financial StatementsNews
ChoiceOne Bank Kicks Off Annual Scholarship Program
SPARTA, Mich. , Jan. 27, 2023 /PRNewswire/ -- ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") is pleased to announce the Annual ChoiceOne Scholarship Program designed to provide needs-based scholarships f...
ChoiceOne Financial Reports Fourth Quarter and Year End 2022 Results
SPARTA, Mich. , Jan. 25, 2023 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended Dec...
ChoiceOne Bank Enhances Digital Security Moving to ".BANK" Domain
SPARTA, Mich. , Jan. 23, 2023 /PRNewswire/ -- ChoiceOne Financial Services, Inc., and ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") are pleased to announce advancements in digital banking security.
ChoiceOne Bank Commemorates Quasquicentennial Anniversary in 2023
September 5 Marks 125 Years in Business as a Community Bank SPARTA, Mich. , Jan. 17, 2023 /PRNewswire/ -- ChoiceOne Financial Services, Inc., and ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") are please...
ChoiceOne Bank Welcomes David Huisman Promotes Josh Hucul, Jamie Sheffer, Britney Herrygers
SPARTA, Mich. , Jan. 9, 2023 /PRNewswire/ -- ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") is pleased to welcome David Huisman, Vice President, Commercial Loan Officer, and announce the promotions of Jo...
ChoiceOne Bank Employees Close 2022 with Multiple Community Donations
SPARTA, Mich. , Dec. 29, 2022 /PRNewswire/ -- ChoiceOne Financial Services, Inc., and ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") are pleased to recognize the donations ChoiceOne employees have made t...
ChoiceOne Financial Announces 4% increase in Cash Dividend
SPARTA, Mich. , Nov. 30, 2022 /PRNewswire/ -- ChoiceOne Financial Services, Inc. announced today that its Board of Directors has declared a cash dividend on the Corporation's common stock of $0.26 per...
ChoiceOne Financial Reports Third Quarter 2022 Results
SPARTA, Mich. , Oct. 26, 2022 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended Sep...
Patrick Cronin Retires from ChoiceOne Holding Company and Bank Boards of Directors
Michelle Wendling, Dr. Curt Coulter Appointed to Holding Company Board SPARTA, Mich. , Sept. 22, 2022 /PRNewswire/ -- It is with sincere appreciation that the Boards of Directors of ChoiceOne Financia...
ChoiceOne Financial Reports Second Quarter 2022 Results
SPARTA, Mich. , July 27, 2022 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended Jun...
ChoiceOne Financial Announces Cash Dividend
SPARTA, Mich., May 25, 2022 /PRNewswire/ -- ChoiceOne Financial Services, Inc. announced today that its Board of Directors has declared a cash dividend on the Corporation's common stock of $0.25 per s...
ChoiceOne Financial Reports First Quarter 2022 Results
SPARTA, Mich. , April 29, 2022 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ: COFS) reported net income of $5,528,000 or $0.74 per diluted share in the first quarter of 2022 ...
CHOICEONE FINANCIAL ANNOUNCES CASH DIVIDEND
SPARTA, Mich., Feb. 25, 2022 /PRNewswire/ -- ChoiceOne Financial Services, Inc. announced today that its Board of Directors has declared a cash dividend on the Corporation's common stock of $0.25 per ...
ChoiceOne Financial Reports Fourth Quarter and Year End 2021 Results
SPARTA, Mich., Jan. 26, 2022 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ: COFS), the parent company for ChoiceOne Bank reported financial results for the quarter and year e...
ChoiceOne Bank Names Adom J. Greenland Chief Financial Officer
SPARTA, Mich., Jan. 4, 2022 /PRNewswire/ -- The Board of Directors of ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company of ChoiceOne Bank, announced effective January 1...
ChoiceOne Senior Vice President Heather Brolick Named a 2021 Crain's Detroit Business Notable Women in Banking Award Honoree
SPARTA, Mich., Dec. 13, 2021 /PRNewswire/ -- ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") is pleased to announce Senior Vice President Heather Brolick is named in the 2021 Crain's Detroit Business Nota...
Johnson Retirement McGinnis and Hendon Appointed
SPARTA, Mich., Dec. 6, 2021 /PRNewswire/ -- It is with great appreciation that ChoiceOne Financial Services, Inc. (NASDAQ: COFS) ("ChoiceOne") announces the retirement of Chairman Paul L.
ChoiceOne Financial Reports Third Quarter 2021 Results
SPARTA, Mich., Oct. 27, 2021 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended Sept...
Newsweek Again Selects ChoiceOne Bank as Best Small Bank in Michigan
SPARTA, Mich., Sept. 28, 2021 /PRNewswire/ -- ChoiceOne Financial Services, Inc. (Nasdaq: COFS), the parent company of ChoiceOne Bank, is pleased to announce ChoiceOne Bank was once again ranked as Mi...
ChoiceOne Financial Services, Inc. Completes $32.5 Million Subordinated Notes Offering
SPARTA, Mich., Sept. 7, 2021 /PRNewswire/ -- ChoiceOne Financial Services, Inc. (Nasdaq: COFS) (the "Company"), the parent company of ChoiceOne Bank, today announced the completion of a private placem...
ChoiceOne Financial Announces 14% Increase in Cash Dividend
SPARTA, Mich., Aug. 30, 2021 /PRNewswire/ -- ChoiceOne Financial Services, Inc. announced today that its Board of Directors has declared a cash dividend on the Corporation's common stock of $0.25 per ...
ChoiceOne Financial Reports Second Quarter 2021 Results
SPARTA, Mich., July 28, 2021 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended June...
ChoiceOne Bank Announces Succession Plan for CFO Tom Lampen
SPARTA, Mich., May 28, 2021 /PRNewswire/ -- The Board of Directors of ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company of ChoiceOne Bank, today announced that Tom Lamp...
ChoiceOne Financial Reports First Quarter 2021 Results
SPARTA, Mich., April 21, 2021 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ: COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended Ma...
ChoiceOne Bank Receives MiBiz Annual M&A Deal of the Year Award
SPARTA, Mich., Feb. 18, 2021 /PRNewswire/ -- ChoiceOne Financial Services, Inc. (Nasdaq: COFS), the parent company of ChoiceOne Bank, is pleased to announce ChoiceOne Financial Services, Inc., won the...