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ChoiceOne Financial Services, Inc. (COFS)

Stock Price: $28.50 USD 0.00 (0.00%)
Updated Jul 31, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 226.94M
Revenue (ttm) 53.80M
Net Income (ttm) 8.79M
Shares Out 7.25M
EPS (ttm) 1.85
PE Ratio 15.41
Forward PE n/a
Dividend $0.80
Dividend Yield 2.81%

Stock Quote

Trading Day Jul 31, 2020
Last Price $28.50
Previous Close $28.50
Change ($) 0.00
Change (%) 0.00%
Day's Open 27.99
Day's Range 27.48 - 28.78
Day's Volume 8,368
52-Week Range 16.86 - 34.00

More Stats

Market Cap 226.94M
Enterprise Value 204.65M
Earnings Date (est) n/a
Ex-Dividend Date Jun 12, 2020
Shares Outstanding 7.25M
Float 6.63M
EPS (basic) 1.58
EPS (diluted) 1.85
FCF / Share 0.73
Dividend $0.80
Dividend Yield 2.81%
Earnings Yield 6.49%
FCF Yield 2.33%
Payout Ratio 88.60%
Shares Short 198,678
Short Ratio 2.01
Short % of Float 2.05%
Beta 0.52
PE Ratio 15.41
Forward PE n/a
P/FCF Ratio 42.90
PS Ratio 4.22
PB Ratio 1.13
Revenue 53.80M
Operating Income 10.43M
Net Income 8.79M
Free Cash Flow 5.29M
Net Cash 22.28M
Net Cash / Share 2.80
Gross Margin 68.13%
Operating Margin 19.38%
Profit Margin 20.00%
FCF Margin 9.83%
ROA 1.06%
ROE 8.16%
ROIC 1.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

*No analysts have provided price targets for this stock.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Revenue Growth27.61%3.8%2.44%4.85%5.7%4.35%6.77%8.29%9.39%-
Gross Profit36.9428.9527.8927.2225.9624.5723.5422.0520.3618.61
Operating Income8.478.498.568.257.697.776.885.614.573.37
Net Income7.177.336.176.095.745.705.094.263.512.71
Shares Outstanding7.253.623.623.613.633.643.633.643.633.61
Earnings Per Share1.582.021.701.681.581.561.401.170.970.75
EPS Growth-21.78%18.82%1.19%6.26%1.35%11.67%19.4%20.49%28.95%-
Dividend Per Share1.400.720.680.680.660.590.540.500.480.48
Dividend Growth94.44%5.88%0%3.03%11.86%9.26%8%4.17%0%-
Operating Cash Flow9.209.968.0910.933.987.4710.369.6412.559.23
Capital Expenditures-0.77-4.21-1.66-1.82-1.04-0.79-0.80-0.92-0.50-1.51
Free Cash Flow8.445.756.439.112.946.699.568.7212.057.72
Cash & Equivalents59.5619.6936.8414.8111.1916.6520.4819.0317.1324.07
Total Debt33.2010.0327.4220.2120.7945.1132.4319.9930.3230.72
Net Cash / Debt26.369.669.42-5.41-9.61-28.46-11.95-0.96-13.19-6.65
Book Value19280.4876.5571.7069.8466.1961.5660.5157.9054.31
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name ChoiceOne Financial Services, Inc.
Country United States
Employees 270
CEO Kelly J. Potes

Stock Information

Ticker Symbol COFS
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: 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, checking, and demand deposits, as well as certificates of deposit. 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 of residential and real properties. In addition, the company offers safe deposit and automated transaction machine services; and alternative investment products, including annuities and mutual funds, as well as sells insurance policies, such as life and health for commercial and consumer clients. It operates 14 full-service offices in Kent, Ottawa, Muskegon, and Newaygo counties in Michigan. The company was founded in 1898 and is headquartered in Sparta, Michigan.