Symbols / COFS Stock $30.60 +1.90% ChoiceOne Financial Services, Inc.

Financial Services • Banks - Regional • United States • NCM
COFS (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Banks - Regional
CEO Mr. Kelly J. Potes CFP
Exch · Country NCM · United States
Market Cap 457.78M
Enterprise Value 606.94M
Income 55.79M
Sales 171.01M
FCF (ttm) —
Book/sh 31.42
Cash/sh 5.63
Employees 561
Insider 10d —
IPO Jun 21, 2001
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 27.01%
P/E 7.25
Forward P/E 8.31
PEG -1.29
P/S 2.68
P/B 0.97
P/C —
EV/EBITDA —
EV/Sales 3.55
Quick Ratio —
Current Ratio —
Debt/Eq —
LT Debt/Eq —
EPS (ttm) 4.22
EPS next Y 3.68
EPS Growth —
Revenue Growth 135.00%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-07-24
Earnings (prior) 2026-04-24
ROA 1.28%
ROE 12.44%
ROIC —
Gross Margin 0.00%
Oper. Margin 44.60%
Profit Margin 32.62%
Shs Outstand 14.96M
Shs Float 13.70M
Insider Own 6.50%
Instit Own 41.79%
Short Float 1.41%
Short Ratio 2.84
Short Interest 201.00K
52W High 35.40
vs 52W High -13.56%
52W Low 26.10
vs 52W Low 17.24%
Beta 0.61
Impl. Vol. —
Rel Volume 0.70
Avg Volume 83.62K
Volume 58.39K
Target (mean) $34.00
Tgt Median $34.00
Tgt Low $32.00
Tgt High $36.00
# Analysts 3
Recom Buy
Prev Close $30.03
Price $30.60
Change 1.90%
About

ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides various banking services in the Michigan. The company offers time, savings, and demand deposits, safe deposits, and automated transaction machine services. It also provides commercial lending products, such as business, industry, agricultural, construction, inventory, commercial, consumer, and real estate loans; credit and other financial services; mortgage banking; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers insurance policies, such as life and health for commercial and consumer clients; and alternative investment products, which include annuities and mutual funds through a registered broker, as well as owns intellectual property for a fintech product. Further, it provides trust and wealth management services. It serves individual and business customers through its network of branches and ATMs. ChoiceOne Financial Services, Inc. was founded in 1898 and is headquartered in Sparta, Michigan.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$34.00
Mean price target
2. Current target
$30.60
Latest analyst target
3. DCF / Fair value
$63.30
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$30.60
Low
$32.00
High
$36.00
Mean
$34.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-27 main DA Davidson Buy → Buy $34
2026-02-03 main DA Davidson Buy → Buy $36
2026-01-07 down Hovde Group Outperform → Market Perform —
2025-03-03 up Janney Montgomery Scott Neutral → Buy —
2025-01-27 main DA Davidson Buy → Buy $39
2024-10-18 init DA Davidson — → Buy $37
2023-09-27 init Janney Montgomery Scott — → Neutral $24
News
RSS: Latest COFS news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-01 ARMOCK GREG L Director — 591 $28.12 $16,619
2026-04-01 MCGINNIS BRADLEY F Director — 591 $28.12 $16,619
2026-04-01 BURROUGH ERIC E Director — 591 $28.12 $16,619
2026-04-01 MCCONNELL GREGORY A Director — 244 $28.12 $6,861
2026-04-01 BURNS HAROLD J Director — 591 $28.12 $16,619
2026-04-01 COULTER CURT E Director — 245 $28.12 $6,889
2026-04-01 WENDLING MICHELLE M Director — 244 $28.12 $6,861
2026-04-01 KRAUSE STEVEN THEODORE Director — 591 $28.12 $16,619
2026-04-01 ESSEX BRUCE JOHN JR. Director — 244 $28.12 $6,861
2026-04-01 PETTY BRIAN P Director — 591 $28.12 $16,619
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
161.74
+74.97%
92.44
+14.41%
80.79
-0.73%
81.39
Operating Revenue
161.74
+74.97%
92.44
+14.41%
80.79
-0.73%
81.39
Selling General And Administration
55.73
+56.84%
35.53
+4.91%
33.87
+6.25%
31.88
Selling And Marketing Expense
0.98
+24.49%
0.79
+9.29%
0.72
-5.63%
0.76
General And Administrative Expense
54.75
+57.58%
34.74
+4.81%
33.15
+6.54%
31.11
Salaries And Wages
52.74
+57.86%
33.41
+4.52%
31.96
+5.17%
30.39
Other Gand A
—
—
—
—
Reconciled Depreciation
19.87
+61.11%
12.33
-0.78%
12.43
-6.84%
13.34
Total Unusual Items
-17.59
-1992.15%
-0.84
-672.11%
0.15
+48.48%
0.10
Total Unusual Items Excluding Goodwill
-17.59
-1992.15%
-0.84
-672.11%
0.15
+48.48%
0.10
Special Income Charges
-17.37
-1571.70%
-1.04
0.00
0.00
Restructuring And Mergern Acquisition
17.37
+1571.70%
1.04
0.00
0.00
Net Income
28.18
+5.42%
26.73
+25.71%
21.26
-10.06%
23.64
Pretax Income
34.19
+3.32%
33.09
+29.42%
25.57
-7.56%
27.66
Net Interest Income
137.07
+84.13%
74.44
+12.99%
65.89
-2.12%
67.31
Interest Expense
65.89
+41.20%
46.66
+40.99%
33.09
+327.25%
7.75
Interest Income
202.96
+67.59%
121.10
+22.35%
98.98
+31.87%
75.06
Gain On Sale Of Security
0.61
+211.28%
0.20
+161.51%
-0.32
+82.03%
-1.76
Tax Provision
6.01
-5.50%
6.36
+47.75%
4.31
+7.17%
4.02
Tax Rate For Calcs
0.00
-8.33%
0.00
+14.29%
0.00
+12.00%
0.00
Tax Effect Of Unusual Items
-3.10
-1817.81%
-0.16
-753.84%
0.02
+66.30%
0.01
Net Income Including Noncontrolling Interests
28.18
+5.42%
26.73
+25.71%
21.26
-10.06%
23.64
Net Income From Continuing Operation Net Minority Interest
28.18
+5.42%
26.73
+25.71%
21.26
-10.06%
23.64
Net Income From Continuing And Discontinued Operation
28.18
+5.42%
26.73
+25.71%
21.26
-10.06%
23.64
Net Income Continuous Operations
28.18
+5.42%
26.73
+25.71%
21.26
-10.06%
23.64
Normalized Income
42.67
+55.71%
27.41
+29.65%
21.14
-10.26%
23.56
Net Income Common Stockholders
28.18
+5.42%
26.73
+25.71%
21.26
-10.06%
23.64
Diluted EPS
2.01
-38.15%
3.25
+15.25%
2.82
-10.48%
3.15
Basic EPS
2.02
-38.23%
3.27
+15.96%
2.82
-10.48%
3.15
Basic Average Shares
13.95
+70.66%
8.17
+8.41%
7.54
+0.46%
7.50
Diluted Average Shares
14.02
+70.46%
8.22
+9.08%
7.54
+0.46%
7.50
Diluted NI Availto Com Stockholders
28.18
+5.42%
26.73
+25.71%
21.26
-10.06%
23.64
Amortization
5.82
+669.22%
0.76
-20.73%
0.95
-17.17%
1.15
Amortization Of Intangibles Income Statement
5.82
+669.22%
0.76
-20.73%
0.95
-17.17%
1.15
Depreciation Amortization Depletion Income Statement
5.82
+669.22%
0.76
-20.73%
0.95
-17.17%
1.15
Depreciation And Amortization In Income Statement
5.82
+669.22%
0.76
-20.73%
0.95
-17.17%
1.15
Insurance And Claims
2.01
+50.56%
1.33
+12.75%
1.18
+63.99%
0.72
Occupancy And Equipment
9.31
+60.67%
5.80
-4.15%
6.05
-2.28%
6.19
Other Non Interest Expense
21.24
+61.78%
13.13
+9.35%
12.01
-0.65%
12.08
Professional Expense And Contract Services Expense
3.26
+32.01%
2.47
+12.42%
2.20
+1.06%
2.17
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
4,410.55
+61.96%
2,723.24
+5.69%
2,576.71
+8.00%
2,385.91
Cash And Cash Equivalents
87.99
-9.06%
96.75
+74.54%
55.43
+26.15%
43.94
Cash Financial
87.64
-9.09%
96.40
+75.01%
55.08
+26.36%
43.59
Other Short Term Investments
134.28
-71.97%
479.12
-6.89%
514.60
-2.86%
529.75
Net PPE
48.11
+77.53%
27.10
-8.91%
29.75
+5.38%
28.23
Gross PPE
80.44
+63.08%
49.32
-2.69%
50.69
+9.15%
46.44
Accumulated Depreciation
-32.33
-45.45%
-22.23
-6.14%
-20.94
-15.01%
-18.21
Land And Improvements
10.88
+37.20%
7.93
-5.74%
8.41
+1.06%
8.33
Buildings And Improvements
46.50
+63.02%
28.52
-3.75%
29.64
+10.48%
26.82
Machinery Furniture Equipment
21.79
+70.90%
12.75
+1.54%
12.56
+12.04%
11.21
Leases
1.26
+987.93%
0.12
+43.21%
0.08
+0.00%
0.08
Goodwill And Other Intangible Assets
157.84
+158.58%
61.04
-1.23%
61.80
-1.52%
62.76
Goodwill
129.85
+116.62%
59.95
+0.00%
59.95
+0.00%
59.95
Other Intangible Assets
27.99
+2453.56%
1.10
-40.88%
1.85
-34.00%
2.81
Investments And Advances
948.97
+7.66%
881.43
-5.23%
930.06
-3.54%
964.22
Total Liabilities Net Minority Interest
3,945.20
+60.19%
2,462.83
+3.43%
2,381.07
+7.40%
2,217.04
Current Debt And Capital Lease Obligation
245.00
+58.06%
155.00
+675.00%
20.00
-60.00%
50.00
Current Debt
245.00
+58.06%
155.00
+675.00%
20.00
-60.00%
50.00
Other Current Borrowings
245.00
+58.06%
155.00
+675.00%
20.00
-60.00%
50.00
Long Term Debt And Capital Lease Obligation
68.46
+22.79%
55.75
-74.13%
215.51
+511.16%
35.26
Long Term Debt
68.46
+22.79%
55.75
-74.13%
215.51
+511.16%
35.26
Stockholders Equity
465.35
+78.70%
260.42
+33.11%
195.63
+15.85%
168.87
Common Stock Equity
465.35
+78.70%
260.42
+33.11%
195.63
+15.85%
168.87
Capital Stock
398.39
+92.66%
206.78
+19.17%
173.51
+0.72%
172.28
Common Stock
398.39
+92.66%
206.78
+19.17%
173.51
+0.72%
172.28
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
15.00
+67.32%
8.97
+18.78%
7.55
+0.43%
7.52
Ordinary Shares Number
15.00
+67.32%
8.97
+18.78%
7.55
+0.43%
7.52
Retained Earnings
102.64
+12.28%
91.41
+24.04%
73.70
+7.76%
68.39
Gains Losses Not Affecting Retained Earnings
-35.67
+5.57%
-37.78
+26.75%
-51.58
+28.16%
-71.80
Other Equity Adjustments
-35.67
+5.57%
-37.78
+26.75%
-51.58
+28.16%
-71.80
Total Equity Gross Minority Interest
465.35
+78.70%
260.42
+33.11%
195.63
+15.85%
168.87
Total Capitalization
533.81
+68.84%
316.17
-23.10%
411.14
+101.41%
204.14
Invested Capital
778.81
+65.29%
471.17
+9.28%
431.14
+69.65%
254.14
Total Debt
313.46
+48.73%
210.75
-10.51%
235.51
+176.22%
85.26
Net Debt
225.47
+97.78%
114.00
-36.69%
180.07
+335.81%
41.32
Net Tangible Assets
307.51
+54.24%
199.37
+48.97%
133.83
+26.12%
106.12
Tangible Book Value
307.51
+54.24%
199.37
+48.97%
133.83
+26.12%
106.12
Available For Sale Securities
431.64
+5446.62%
7.78
+3.69%
7.50
-12.39%
8.57
Cash Cash Equivalents And Federal Funds Sold
87.99
-9.06%
96.75
+74.54%
55.43
+26.15%
43.94
Held To Maturity Securities
383.05
-2.91%
394.53
-3.29%
407.96
-4.21%
425.91
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
31.81
-32.43%
47.08
+1.61%
46.33
+4.53%
44.33
Cash Flow From Continuing Operating Activities
31.81
-32.43%
47.08
+1.61%
46.33
+4.53%
44.33
Net Income From Continuing Operations
28.18
+5.42%
26.73
+25.71%
21.26
-10.06%
23.64
Depreciation Amortization Depletion
19.87
+61.11%
12.33
-0.78%
12.43
-6.84%
13.34
Depreciation
3.61
+46.57%
2.46
-0.57%
2.48
-6.81%
2.66
Amortization Cash Flow
16.26
+64.74%
9.87
-0.83%
9.95
-6.84%
10.68
Depreciation And Amortization
19.87
+61.11%
12.33
-0.78%
12.43
-6.84%
13.34
Amortization Of Intangibles
16.26
+64.74%
9.87
-0.83%
9.95
-6.84%
10.68
Other Non Cash Items
-14.09
-220.72%
-4.39
-178.86%
-1.57
-133.27%
4.73
Stock Based Compensation
0.88
+22.64%
0.72
-28.36%
1.00
+4.91%
0.96
Asset Impairment Charge
0.08
0.00
0.00
0.00
Deferred Tax
-0.11
+58.30%
-0.27
-1029.17%
-0.02
-60.00%
-0.01
Deferred Income Tax
-0.11
+58.30%
-0.27
-1029.17%
-0.02
-60.00%
-0.01
Operating Gains Losses
-1.98
+18.78%
-2.44
-29.53%
-1.88
-22.75%
-1.53
Gain Loss On Investment Securities
0.00
0.00
-100.00%
0.07
-91.22%
0.81
Unrealized Gain Loss On Investment Securities
-0.61
-211.28%
-0.20
-179.27%
0.25
-74.24%
0.95
Change In Working Capital
-15.22
-208.92%
13.97
-5.09%
14.72
+637.26%
2.00
Change In Other Current Assets
3.43
+519.83%
-0.82
-111.46%
7.13
+269.37%
-4.21
Change In Other Current Liabilities
-18.65
-226.09%
14.79
+94.71%
7.60
+22.42%
6.21
Investing Cash Flow
106.69
+210.73%
-96.34
+46.83%
-181.22
-101.79%
-89.81
Cash Flow From Continuing Investing Activities
106.69
+210.73%
-96.34
+46.83%
-181.22
-101.79%
-89.81
Net PPE Purchase And Sale
-6.63
-288.45%
-1.71
+59.71%
-4.23
-263.75%
-1.16
Purchase Of PPE
-6.63
-288.45%
-1.71
+59.71%
-4.23
-263.75%
-1.16
Capital Expenditure
-6.63
-288.45%
-1.71
+59.71%
-4.23
-263.75%
-1.16
Net Investment Purchase And Sale
34.80
-18.94%
42.93
-0.89%
43.31
+4.91%
41.29
Purchase Of Investment
-88.38
-424.83%
-16.84
-161.73%
-6.43
+90.18%
-65.54
Sale Of Investment
123.18
+106.09%
59.77
+20.15%
49.75
-53.43%
106.83
Net Business Purchase And Sale
173.07
0.00
0.00
0.00
Purchase Of Business
-0.01
0.00
0.00
—
Net Other Investing Changes
-5.24
-92.83%
-2.72
-250.84%
-0.78
-212.32%
0.69
Financing Cash Flow
-147.26
-262.57%
90.58
-38.12%
146.37
+154.40%
57.54
Cash Flow From Continuing Financing Activities
-147.26
-262.57%
90.58
-38.12%
146.37
+154.40%
57.54
Net Issuance Payments Of Debt
-80.21
-220.85%
-25.00
-116.67%
150.00
0.00
Issuance Of Debt
—
315.00
-25.00%
420.00
-42.15%
726.00
Repayment Of Debt
—
-340.00
-25.93%
-270.00
+62.81%
-726.00
Long Term Debt Issuance
—
315.00
-25.00%
420.00
-42.15%
726.00
Long Term Debt Payments
—
-340.00
-25.93%
-270.00
+62.81%
-726.00
Net Long Term Debt Issuance
—
-25.00
-116.67%
150.00
0.00
Net Short Term Debt Issuance
-80.21
-220.85%
-25.00
-116.67%
150.00
—
Net Common Stock Issuance
-1.79
-105.45%
32.77
+14084.85%
0.23
+145.29%
-0.51
Common Stock Payments
-2.68
0.00
0.00
+100.00%
-0.68
Common Stock Dividend Paid
-16.95
-88.07%
-9.01
-13.93%
-7.91
-4.38%
-7.58
Cash Dividends Paid
-16.95
-88.07%
-9.01
-13.93%
-7.91
-4.38%
-7.58
Repurchase Of Capital Stock
-2.68
0.00
0.00
+100.00%
-0.68
Proceeds From Stock Option Exercised
-0.33
-48.64%
-0.22
0.00
+100.00%
-0.09
Changes In Cash
-8.76
-121.21%
41.32
+259.60%
11.49
-4.70%
12.06
Beginning Cash Position
96.75
+74.54%
55.43
+26.15%
43.94
+37.81%
31.89
End Cash Position
87.99
-9.06%
96.75
+74.54%
55.43
+26.15%
43.94
Free Cash Flow
25.19
-44.49%
45.38
+7.78%
42.10
-2.47%
43.16
Interest Paid Supplemental Data
65.11
+30.47%
49.90
+81.59%
27.48
+262.69%
7.58
Income Tax Paid Supplemental Data
7.29
+14.85%
6.35
+42.70%
4.45
+123.73%
1.99
Common Stock Issuance
0.89
-97.28%
32.77
+14084.85%
0.23
+34.30%
0.17
Issuance Of Capital Stock
0.89
-97.28%
32.77
+14084.85%
0.23
+34.30%
0.17
Sale Of Business
173.08
0.00
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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