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ChoiceOne Financial Services, Inc. (COFS)

Stock Price: $29.55 USD -0.25 (-0.84%)
Updated Oct 23, 2020 4:00 PM EDT - Market closed

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%
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

$n/a*
*No analysts have provided price targets for this stock.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue36.9428.9527.8927.2225.9624.5723.5422.0520.3618.61
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
Assets1,386671647607568550515509496481
Liabilities1,194590570536498483453448438426
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

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.