ChoiceOne Financial Services, Inc. (COFS)
NASDAQ: COFS · Real-Time Price · USD
37.31
+0.62 (1.69%)
Nov 9, 2026, 4:00 PM EST - Market closed
COFS Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 28.18 | 26.73 | 21.26 | 23.64 | 22.04 |
Depreciation & Amortization | 19.87 | 12.33 | 12.43 | 13.34 | 12.43 |
Gain (Loss) on Sale of Assets | 0.06 | -0.05 | -0.01 | -0.04 | -0.02 |
Gain (Loss) on Sale of Investments | -0.61 | -0.2 | 0.32 | 1.76 | -0.44 |
Total Asset Writedown | 0.08 | - | - | - | - |
Provision for Credit Losses | 14.81 | 0.63 | 0.15 | 0.25 | 0.42 |
Net Decrease (Increase) in Loans Originated / Sold - Operating | 1.3 | -1.19 | 1.26 | 5.85 | 8.01 |
Change in Other Net Operating Assets | -15.22 | 13.97 | 14.72 | 2 | 0.3 |
Other Operating Activities | -2.47 | -2.21 | -1.12 | -1.09 | 0.93 |
Operating Cash Flow | 31.81 | 47.08 | 46.33 | 44.33 | 37.7 |
Operating Cash Flow Growth | -32.43% | 1.61% | 4.52% | 17.58% | 344.67% |
Investing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -6.63 | -1.71 | -4.23 | -1.16 | -2.76 |
Cash Acquisitions | 173.08 | - | - | - | - |
Investment in Securities | 31.16 | 42.93 | 47.51 | 43.24 | -554 |
Net Decrease (Increase) in Loans Originated / Sold - Investing | -89.32 | -134.85 | -219.52 | -130.62 | 45.38 |
Other Investing Activities | -2.68 | -3.06 | -5.12 | -1.26 | -10 |
Investing Cash Flow | 106.69 | -96.35 | -181.22 | -89.81 | -521.37 |
Financing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | 150 | - | - |
Long-Term Debt Issued | - | - | - | 726 | 87.5 |
Total Debt Issued | - | - | 150 | 726 | 87.5 |
Short-Term Debt Repaid | -80.21 | -25 | - | - | - |
Long-Term Debt Repaid | - | - | - | -726 | -14.33 |
Total Debt Repaid | -80.21 | -25 | - | -726 | -14.33 |
Net Debt Issued (Repaid) | -80.21 | -25 | 150 | - | 73.17 |
Issuance of Common Stock | 0.89 | 32.77 | 0.23 | 0.17 | 0.14 |
Repurchase of Common Stock | -2.68 | - | - | -0.68 | -7.79 |
Common Dividends Paid | -16.95 | -9.01 | -7.91 | -7.58 | -7.2 |
Net Increase (Decrease) in Deposit Accounts | -47.99 | 92.05 | 4.05 | 65.71 | 377.72 |
Other Financing Activities | -0.33 | -0.22 | - | -0.09 | - |
Financing Cash Flow | -147.26 | 90.58 | 146.37 | 57.54 | 436.04 |
Net Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | -8.76 | 41.32 | 11.49 | 12.06 | -47.63 |
Free Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 25.19 | 45.38 | 42.1 | 43.16 | 34.94 |
Free Cash Flow Growth | -44.49% | 7.78% | -2.46% | 23.54% | 427.32% |
Free Cash Flow Margin | 17.18% | 49.80% | 52.20% | 53.38% | 43.99% |
Free Cash Flow Per Share | 1.80 | 5.52 | 5.56 | 5.73 | 4.54 |