ChoiceOne Financial Services Stock (NASDAQ:COFS)


ForecastRevenueOwnershipFinancialsChart

Previous Close

$35.88

52W Range

$21.52 - $37.00

50D Avg

$32.03

200D Avg

$27.94

Market Cap

$320.95M

Avg Vol (3M)

$39.28K

Beta

0.63

Div Yield

$1.08 (3.01%)

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.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

371

IPO Date

Jun 21, 2001

Website

COFS Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceSep 24Jun 24Mar 24Sep 23Jun 23
Investment Commission Income$184.00K$190.00K$198.00K$173.00K$172.00K
Interchange Income$1.54M$1.53M$1.29M$1.21M$1.17M
Trust Fee Income$232.00K$220.00K$213.00K$197.00K$196.00K
Service Charges and Fees on Deposit Accounts$1.23M$1.13M$1.12M$1.18M$1.10M
Other Charges and Fees for Customer Services$162.00K$99.00K$149.00K$184.00K$155.00K

Fiscal year ends in Dec 23 | Currency in USD

COFS Financial Summary


Dec 23Dec 22Dec 21
Revenue$114.13M$81.39M$79.83M
Operating Income-$35.40M$26.50M
Net Income$21.26M$23.64M$22.04M
EBITDA$955.00K$36.56M$27.80M
Basic EPS$2.82$3.15$2.87
Diluted EPS$2.82$3.15$2.86

Fiscal year ends in Dec 23 | Currency in USD

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