ChoiceOne Financial Services, Inc. (COFS)
Stock Price Chart
Key Info
| Market Cap | 230.12M |
| Revenue (ttm) | 54.08M |
| Net Income (ttm) | 11.73M |
| Shares Out | 7.79M |
| EPS (ttm) | 1.85 |
| PE Ratio | 15.97 |
| Forward PE | n/a |
| Dividend | $0.80 |
| Dividend Yield | 2.71% |
Stock Quote
| Trading Day | Oct 23, 2020 |
| Last Price | $29.55 |
| Previous Close | $29.80 |
| Change ($) | -0.25 |
| Change (%) | -0.84% |
| Day's Open | 29.96 |
| Day's Range | 29.22 - 29.90 |
| Day's Volume | 7,711 |
| 52-Week Range | 16.86 - 34.00 |
More Stats
| Market Cap | 230.12M |
| Enterprise Value | 173.50M |
| Earnings Date (est) | n/a |
| Ex-Dividend Date | Sep 14, 2020 |
| Shares Outstanding | 7.79M |
| Float | 7.24M |
| EPS (basic) | 1.78 |
| EPS (diluted) | 1.85 |
| FCF / Share | 0.01 |
| Dividend | $0.80 |
| Dividend Yield | 2.71% |
| Earnings Yield | 6.26% |
| FCF Yield | 0.03% |
| Payout Ratio | 78.70% |
| Shares Short | 106,059 |
| Short Ratio | 3.66 |
| Short % of Float | 1.47% |
| Beta | 0.53 |
| PE Ratio | 15.97 |
| Forward PE | n/a |
| P/FCF Ratio | 3,027.84 |
| PS Ratio | 4.25 |
| PB Ratio | 1.15 |
| Revenue | 54.08M |
| Operating Income | 14.14M |
| Net Income | 11.73M |
| Free Cash Flow | 76,000 |
| Net Cash | 56.61M |
| Net Cash / Share | 7.27 |
| Gross Margin | 68.13% |
| Operating Margin | 26.14% |
| Profit Margin | 21.70% |
| FCF Margin | 0.14% |
| ROA | 1.07% |
| ROE | 8.14% |
| ROIC | 1.20% |
Analyst Summary
Analyst Consensus: n/a
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 36.94 | 28.95 | 27.89 | 27.22 | 25.96 | 24.57 | 23.54 | 22.05 | 20.36 | 18.61 |
| Revenue Growth | 27.61% | 3.8% | 2.44% | 4.85% | 5.7% | 4.35% | 6.77% | 8.29% | 9.39% | - |
| Gross Profit | 36.94 | 28.95 | 27.89 | 27.22 | 25.96 | 24.57 | 23.54 | 22.05 | 20.36 | 18.61 |
| Operating Income | 8.47 | 8.49 | 8.56 | 8.25 | 7.69 | 7.77 | 6.88 | 5.61 | 4.57 | 3.37 |
| Net Income | 7.17 | 7.33 | 6.17 | 6.09 | 5.74 | 5.70 | 5.09 | 4.26 | 3.51 | 2.71 |
| Shares Outstanding | 7.25 | 3.62 | 3.62 | 3.61 | 3.63 | 3.64 | 3.63 | 3.64 | 3.63 | 3.61 |
| Earnings Per Share | 1.58 | 2.02 | 1.70 | 1.68 | 1.58 | 1.56 | 1.40 | 1.17 | 0.97 | 0.75 |
| EPS Growth | -21.78% | 18.82% | 1.19% | 6.26% | 1.35% | 11.67% | 19.4% | 20.49% | 28.95% | - |
| Dividend Per Share | 1.40 | 0.72 | 0.68 | 0.68 | 0.66 | 0.59 | 0.54 | 0.50 | 0.48 | 0.48 |
| Dividend Growth | 94.44% | 5.88% | 0% | 3.03% | 11.86% | 9.26% | 8% | 4.17% | 0% | - |
| Operating Cash Flow | 9.20 | 9.96 | 8.09 | 10.93 | 3.98 | 7.47 | 10.36 | 9.64 | 12.55 | 9.23 |
| Capital Expenditures | -0.77 | -4.21 | -1.66 | -1.82 | -1.04 | -0.79 | -0.80 | -0.92 | -0.50 | -1.51 |
| Free Cash Flow | 8.44 | 5.75 | 6.43 | 9.11 | 2.94 | 6.69 | 9.56 | 8.72 | 12.05 | 7.72 |
| Cash & Equivalents | 59.56 | 19.69 | 36.84 | 14.81 | 11.19 | 16.65 | 20.48 | 19.03 | 17.13 | 24.07 |
| Total Debt | 33.20 | 10.03 | 27.42 | 20.21 | 20.79 | 45.11 | 32.43 | 19.99 | 30.32 | 30.72 |
| Net Cash / Debt | 26.36 | 9.66 | 9.42 | -5.41 | -9.61 | -28.46 | -11.95 | -0.96 | -13.19 | -6.65 |
| Assets | 1,386 | 671 | 647 | 607 | 568 | 550 | 515 | 509 | 496 | 481 |
| Liabilities | 1,194 | 590 | 570 | 536 | 498 | 483 | 453 | 448 | 438 | 426 |
| Book Value | 192 | 80.48 | 76.55 | 71.70 | 69.84 | 66.19 | 61.56 | 60.51 | 57.90 | 54.31 |
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 |
Description
ChoiceOne Financial Services operates as the bank holding company for ChoiceOne Bank and Lakestone Bank & Trust 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 27 full-service offices in Kent, Muskegon, Newaygo, and Ottawa counties in western Michigan; and Lapeer, Macomb, and St. Clair counties in southeastern Michigan. The company was founded in 1898 and is headquartered in Sparta, Michigan.