ChoiceOne Financial Services, Inc. (COFS)

NASDAQ: COFS · IEX Real-Time Price · USD
19.57
-0.03 (-0.15%)
Jun 24, 2022 4:30 PM EDT - Market closed
-0.15%
Market Cap 146.65M
Revenue (ttm) 79.55M
Net Income (ttm) 21.33M
Shares Out 7.49M
EPS (ttm) 2.80
PE Ratio 6.99
Forward PE n/a
Dividend $1.00 (5.11%)
Ex-Dividend Date Jun 14, 2022
Volume 3,012
Open 19.85
Previous Close 19.60
Day's Range 19.55 - 19.89
52-Week Range 19.42 - 29.38
Beta 0.46
Analysts n/a
Price Target n/a
Earnings Date Jul 27, 2022

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...]

Industry Banks
Founded 1898
Employees 376
Stock Exchange NASDAQ
Ticker Symbol COFS
Full Company Profile

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 Statements

News

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 share.

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 co...

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 sh...

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 end...

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 ...

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 Notabl...

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 Septem...

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 Mich...

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 placemen...

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 sh...

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 3...

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 Lampen...

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 Marc...

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 M...

ChoiceOne Bank Advances in Industry-Leading Technology

SPARTA, Mich., Feb. 12, 2021 /PRNewswire/ -- ChoiceOne Financial Services, Inc. (Nasdaq: COFS), the parent company of ChoiceOne Bank, is pleased to announce the significant advances ChoiceOne has made i...

5 Financial Companies Boosting Earnings

The following companies have grown their earnings per share over a five-year period. According to the GuruFocus discounted cash flow calculator as of Dec. 21, all of them also trade with a margin of saf...

Other symbols: CACFLICMPBTHFF

5 Banks Boosting Book Value

According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned stocks have grown their book value per share over the past decade through Dec. 14.

Other symbols: FSBWHBCPMVBFSMBC