ChoiceOne Financial Services Stock (NASDAQ:COFS)
Previous Close
$32.98
52W Range
$21.25 - $34.70
50D Avg
$30.86
200D Avg
$27.51
Market Cap
$292.20M
Avg Vol (3M)
$35.69K
Beta
0.64
Div Yield
$1.08 (3.31%)
COFS Company Profile
ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides community 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 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 32 full-service offices in Kent, Muskegon, Newaygo, and Ottawa, Lapeer, Macomb, and St. Clair counties, Michigan. The company also operates three loan production offices. ChoiceOne Financial Services, Inc. was founded in 1898 and is headquartered in Sparta, Michigan.
COFS Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
| Product/Service | Jun 24 | Mar 24 | Sep 23 | Jun 23 |
|---|---|---|---|---|
| Service Charges and Fees on Deposit Accounts | $1.13M | $1.12M | $1.18M | $1.10M |
| Trust Fee Income | $220.00K | $213.00K | $197.00K | $196.00K |
| Interchange Income | $1.53M | $1.29M | $1.21M | $1.17M |
| Investment Commission Income | $190.00K | $198.00K | $173.00K | $172.00K |
| Other Charges and Fees for Customer Services | $99.00K | $149.00K | $184.00K | $155.00K |
Fiscal year ends in Dec 23 | Currency in USD
Peer Comparison
| Ticker | Company |
|---|---|
| OFED | Oconee Federal Financial Corp. |
| LSBK | Lake Shore Bancorp, Inc. |
| NECB | Northeast Community Bancorp, Inc. |
| OVLY | Oak Valley Bancorp |
| JMSB | John Marshall Bancorp, Inc. |
| CWBC | Community West Bancshares |
| HMNF | HMN Financial, Inc. |
| AFBI | Affinity Bancshares, Inc. |
| HVBC | HV Bancorp, Inc. |
| HFBL | Home Federal Bancorp, Inc. of Louisiana |
| FNWB | First Northwest Bancorp |