ChoiceOne Financial Services, Inc. (COFS)

NASDAQ: COFS · IEX Real-Time Price · USD
28.84
+0.46 (1.62%)
At close: Jan 31, 2023, 4:00 PM
28.65
-0.19 (-0.66%)
After-hours: Jan 31, 2023, 4:00 PM EST
1.62%
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]

Sector Financials
Founded 1898
Employees 383
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 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...

4 days ago - PRNewsWire

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...

6 days ago - PRNewsWire

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.

1 week ago - PRNewsWire

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...

2 weeks ago - PRNewsWire

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...

3 weeks ago - PRNewsWire

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...

1 month ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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 ...

9 months ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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.

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

2 years ago - PRNewsWire