ChoiceOne Financial Services, Inc. (COFS)
| Market Cap | 188.70M |
| Revenue (ttm) | 81.38M |
| Net Income (ttm) | 22.65M |
| Shares Out | 7.55M |
| EPS (ttm) | 3.01 |
| PE Ratio | 8.31 |
| Forward PE | 8.88 |
| Dividend | $1.08 (4.32%) |
| Ex-Dividend Date | Dec 14, 2023 |
| Volume | 5,216 |
| Open | 25.01 |
| Previous Close | 25.30 |
| Day's Range | 24.85 - 25.25 |
| 52-Week Range | 15.84 - 29.99 |
| Beta | 0.37 |
| Analysts | Hold |
| Price Target | 24.00 (-4.04%) |
| Earnings Date | Jan 24, 2024 |
About COFS
ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides 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 lending products, 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 2022, COFS's revenue was $81.14 million, an increase of 2.16% compared to the previous year's $79.42 million. Earnings were $23.64 million, an increase of 7.25%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for COFS stock is "Hold" and the 12-month stock price forecast is $24.0.
News
CHOICEONE FINANCIAL ANNOUNCES CASH DIVIDENDS
SPARTA, Mich. , Nov. 29, 2023 /PRNewswire/ -- ChoiceOne Financial Services, Inc. announced today that its Board of Directors has declared a cash dividend on the Corporation's common stock of $0.27 per...
ChoiceOne Celebrates 125th Anniversary Ringing Nasdaq Stock Exchange Opening Bell
SPARTA, Mich. , Oct. 27, 2023 /PRNewswire/ -- ChoiceOne Financial Services, Inc., and ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") are pleased to announce ringing the Nasdaq Stock Market ("Nasdaq") ope...
ChoiceOne Reports Third Quarter 2023 Results
SPARTA, Mich. , Oct. 25, 2023 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended Sep...
ChoiceOne Reports Second Quarter 2023 Results
SPARTA, Mich. , July 26, 2023 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended Jun...
Top 5 Financial Stocks You'll Regret Missing This Quarter - ChoiceOne Finl Servs (NASDAQ:COFS), Evans Bancorp (AMEX:EVBN)
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
ChoiceOne Financial Announces Cash Dividends
SPARTA, Mich. , May 24, 2023 /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 Bank Announces Industry-Leading Technology Advanced Treasury Services for Business Customers
SPARTA, Mich. , May 19, 2023 /PRNewswire/ -- ChoiceOne Financial Services, Inc., and ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") are pleased to announce advancements in their Treasury Management servi...
ChoiceOne Financial Reports First Quarter 2023 Results
SPARTA, Mich. , April 26, 2023 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended Ma...
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.