ChoiceOne Financial Services, Inc. (COFS)

NASDAQ: COFS · Real-Time Price · USD
37.52
+0.16 (0.43%)
Dec 11, 2024, 4:00 PM EST - Market open
0.43%
Market Cap 336.09M
Revenue (ttm) 87.90M
Net Income (ttm) 24.86M
Shares Out 8.96M
EPS (ttm) 3.16
PE Ratio 11.86
Forward PE 10.10
Dividend $1.08 (2.88%)
Ex-Dividend Date Sep 13, 2024
Volume 20,634
Open 37.41
Previous Close 37.36
Day's Range 37.41 - 38.15
52-Week Range 21.52 - 38.15
Beta 0.65
Analysts Strong Buy
Price Target 37.00 (-1.39%)
Earnings Date Jan 22, 2025

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]

Sector Financials
Founded 1898
Employees 389
Stock Exchange NASDAQ
Ticker Symbol COFS
Full Company Profile

Financial Performance

In 2023, COFS's revenue was $80.64 million, a decrease of -0.61% compared to the previous year's $81.14 million. Earnings were $21.26 million, a decrease of -10.06%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for COFS stock is "Strong Buy" and the 12-month stock price forecast is $37.0.

Price Target
$37.0
(-1.39% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

CHOICEONE FINANCIAL ANNOUNCES CASH DIVIDENDS

SPARTA, Mich. , Dec. 4, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. announced today that its Board of Directors has declared a cash dividend on the Corporation's common stock of $0.28 per ...

7 days ago - PRNewsWire

FENTURA FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Fentura Financial, Inc. - FETM

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Fentura Financia...

21 days ago - Business Wire

ChoiceOne Reports Third Quarter 2024 Results

SPARTA, Mich. , Oct. 23, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended Sep...

7 weeks ago - PRNewsWire

This Rapport Therapeutics Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Other symbols: RAPPNEONPCTSELF
7 weeks ago - Benzinga

ChoiceOne Bank Receives MCDC 2023 Lender of the Year Award

Bradley Bissett Personally Recognized as MCDC 2023 Individual Lender of the Year SPARTA, Mich. , Sept. 19, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc., and ChoiceOne Bank (NASDAQ: COFS) ("...

2 months ago - PRNewsWire

ChoiceOne Bank Receives dotCOMM Gold Award Honoring Web Creativity, Digital Communication Excellence

SPARTA, Mich. , Sept. 10, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc., and ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") are pleased to announce the choiceone.bank redesign has been awarded ...

3 months ago - PRNewsWire

ChoiceOne Financial Announces Cash Dividends

SPARTA, Mich. , Aug. 23, 2024 /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...

3 months ago - PRNewsWire

ChoiceOne Financial Services, Inc. Announces Closing of $34.5 Million Offering of Common Stock

SPARTA, Mich. , July 26, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. (NASDAQ: COFS) ("ChoiceOne"), the parent company of ChoiceOne Bank, today announced the closing of its underwritten pub...

4 months ago - PRNewsWire

ChoiceOne Financial Services, Inc. Announces Pricing of Common Stock Offering

SPARTA, Mich. , July 25, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. (NASDAQ: COFS) ("ChoiceOne"), the parent company of ChoiceOne Bank, announced today the pricing of an underwritten publ...

5 months ago - PRNewsWire

ChoiceOne Financial Services, Inc. Announces Commencement of Common Stock Offering

SPARTA, Mich. , July 25, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. (NASDAQ: COFS) ("ChoiceOne"), the parent company of ChoiceOne Bank, announced today that it has commenced an underwritt...

5 months ago - PRNewsWire

ChoiceOne Reports Second Quarter 2024 Results

SPARTA, Mich. , July 25, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ: COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended Ju...

5 months ago - PRNewsWire

ChoiceOne Bank Awards 13 Scholarships to Local High School Seniors

SPARTA, Mich. , June 7, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc., and ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") are pleased to announce 13 scholarships have been awarded in the Annual...

6 months ago - PRNewsWire

ChoiceOne Reports First Quarter 2024 Results

SPARTA, Mich. , April 24, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended Ma...

8 months ago - PRNewsWire

ChoiceOne Bank Now Accepting Annual Scholarship Applications

SPARTA, Mich. , Jan. 29, 2024 /PRNewswire/ -- ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") is pleased to announce they are now accepting applications for the Annual ChoiceOne Scholarship Program.

11 months ago - PRNewsWire

ChoiceOne Reports Fourth Quarter 2023 Results

SPARTA, Mich. , Jan. 24, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended Dec...

11 months ago - PRNewsWire

ChoiceOne Bank Announces Kiwanis Inclusive Playground Commitment

LAPEER, Mich. , Dec. 21, 2023 /PRNewswire/ -- ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") is pleased to announce its $55,000 contribution to the Kiwanis Club of Lapeer for their fundraising campaign t...

1 year ago - PRNewsWire

ChoiceOne Bank Announces Newly Redesigned, Interactive Website

SPARTA, Mich. , Dec. 14, 2023 /PRNewswire/ -- ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") is pleased to announce a newly redesigned website that includes improved functionality, enhanced banking conte...

1 year ago - PRNewsWire

15 Upcoming Dividend Increases

December is the last opportunity for companies to announce yearly dividend increases. 15 companies expected to raise their dividends in the upcoming week, with a focus on up-and-comers in the dividend...

1 year ago - Seeking Alpha

Dividend Champion, Contender, And Challenger Highlights: Week Of December 3

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

1 year ago - Seeking Alpha

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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.

Other symbols: EVBNHWBKPRAWDH
1 year ago - Benzinga

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...

1 year ago - PRNewsWire