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ChoiceOne Financial Services, Inc. COFS
Financial Services - Banks - Regional - NASDAQ - US
Watchlist
$ 28.585
-0.87 %
$ 428 M
Market Cap
9.15
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one COFS stock under the worst case scenario is HIDDEN Compared to the current market price of 28.6 USD, ChoiceOne Financial Services, Inc. is HIDDEN

COFS Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one COFS stock under the base case scenario is HIDDEN Compared to the current market price of 28.6 USD, ChoiceOne Financial Services, Inc. is HIDDEN

COFS Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one COFS stock under the best case scenario is HIDDEN Compared to the current market price of 28.6 USD, ChoiceOne Financial Services, Inc. is HIDDEN

COFS Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart COFS

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1M 8%
6M -22%
1Y 7.0%
3Y 51%
5Y 16%
All
$38.0$38.0$36.0$36.0$34.0$34.0$32.0$32.0$30.0$30.0$28.0$28.0$26.0$26.0$24.0$24.015 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '25
FINANCIALS
92.4 M REVENUE
14.41%
Growth Rates
1Year 14.41%
3Years 5.01%
5Years 23.27%
7Years 22.73%
10Years 17.13%
34.1 M OPERATING INCOME
33.48%
Growth Rates
1Year 33.48%
3Years 8.80%
5Years 32.16%
7Years 21.85%
10Years 15.95%
26.7 M NET INCOME
25.71%
Growth Rates
1Year 25.71%
3Years 6.63%
5Years 30.10%
7Years 23.30%
10Years 16.72%
48.6 M OPERATING CASH FLOW
4.66%
Growth Rates
1Year 4.66%
3Years 8.87%
5Years 39.52%
7Years 29.21%
10Years 20.60%
-97.9 M INVESTING CASH FLOW
46.01%
Growth Rates
1Year 46.01%
3Years 42.73%
5Years -29.86%
7Years -27.07%
10Years -9.74%
90.6 M FINANCING CASH FLOW
-38.12%
Growth Rates
1Year -38.12%
3Years -40.78%
5Years 78.12%
7Years 15.90%
10Years 12.72%
40 M REVENUE
64.15%
Growth Rates
1Year 14.41%
3Years 5.01%
5Years 23.27%
7Years 22.73%
10Years 17.13%
39 M OPERATING INCOME
0.00%
Growth Rates
1Year 33.48%
3Years 8.80%
5Years 32.16%
7Years 21.85%
10Years 15.95%
7.16 M NET INCOME
-2.57%
Growth Rates
1Year 25.71%
3Years 6.63%
5Years 30.10%
7Years 23.30%
10Years 16.72%
24 M OPERATING CASH FLOW
474.42%
Growth Rates
1Year 4.66%
3Years 8.87%
5Years 39.52%
7Years 29.21%
10Years 20.60%
-41.6 M INVESTING CASH FLOW
30.97%
Growth Rates
1Year 46.01%
3Years 42.73%
5Years -29.86%
7Years -27.07%
10Years -9.74%
-31.6 M FINANCING CASH FLOW
-28.28%
Growth Rates
1Year -38.12%
3Years -40.78%
5Years 78.12%
7Years 15.90%
10Years 12.72%
Balance Sheet ChoiceOne Financial Services, Inc.
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Current Assets 576 M
Cash & Short-Term Investments 576 M
Receivables 0
Other Current Assets 0
Non-Current Assets 88.1 M
Long-Term Investments 881 M
PP&E 27.1 M
Other Non-Current Assets -820 M
86.72 %132.81 %Total Assets$663.7m
Current Liabilities 155 M
Accounts Payable 0
Short-Term Debt 155 M
Other Current Liabilities 0
Non-Current Liabilities 55.8 M
Long-Term Debt 55.8 M
Other Non-Current Liabilities 0
73.55 %26.45 %Total Liabilities$210.8m
EFFICIENCY
Earnings Waterfall ChoiceOne Financial Services, Inc.
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Revenue 92.4 M
Cost Of Revenue 0
Gross Profit 92.4 M
Operating Expenses 3.26 M
Operating Income 34.1 M
Other Expenses 7.4 M
Net Income 26.7 M
100m100m90m90m80m80m70m70m60m60m50m50m40m40m30m30m20m20m10m10m0092m092m(3m)34m(7m)27mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
Averages
1Year 100.00%
3Years 100.00%
5Years 100.00%
7Years 100.00%
10Years 100.00%
36.92% OPERATING MARGIN
36.92%
Averages
1Year 36.92%
3Years 34.18%
5Years 32.56%
7Years 31.93%
10Years 33.23%
28.91% NET MARGIN
28.91%
Averages
1Year 28.91%
3Years 28.09%
5Years 26.85%
7Years 26.61%
10Years 26.63%
10.26% ROE
10.26%
Averages
1Year 10.26%
3Years 11.71%
5Years 10.39%
7Years 9.26%
10Years 8.96%
0.98% ROA
0.98%
Averages
1Year 0.98%
3Years 0.93%
5Years 0.91%
7Years 0.88%
10Years 0.91%
4.15% ROIC
4.15%
Averages
1Year 4.15%
3Years 1.98%
5Years 1.76%
7Years 1.65%
10Years 3.91%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis ChoiceOne Financial Services, Inc.
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50m50m45m45m40m40m35m35m30m30m25m25m20m20m15m15m10m10m5m5m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 26.7 M
Depreciation & Amortization 12.3 M
Capital Expenditures 0
Stock-Based Compensation 720 K
Change in Working Capital 14 M
Others 9.14 M
Free Cash Flow 46.9 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets ChoiceOne Financial Services, Inc.
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Wall Street analysts predict an average 1-year price target for COFS of $37 , with forecasts ranging from a low of $37 to a high of $37 .
COFS Lowest Price Target Wall Street Target
37 USD 29.44%
COFS Average Price Target Wall Street Target
37 USD 29.44%
COFS Highest Price Target Wall Street Target
37 USD 29.44%
Price
Max Price Target
Min Price Target
Average Price Target
383836363434323230302828262624242222Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.97% DIVIDEND YIELD
0.28 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.600001.600001.400001.400001.200001.200001.000001.000000.800000.800000.600000.600000.400000.400000.200000.200000.000000.000000.136050.15420.15420.171430.20.20.220.250.260.270.280.15420.15420.16190.180.20.20.220.250.260.270.15420.15420.16190.180.80.20.250.250.260.270.15420.600.15420.620.16190.640.180.710.21.400.220.820.250.940.261.010.271.050.281.090.282015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership ChoiceOne Financial Services, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
33.1 K USD 2
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.38 M USD 11
9-12 MONTHS
7. News
ChoiceOne Financial Services, Inc. (COFS) Q1 Earnings Beat Estimates ChoiceOne Financial Services, Inc. (COFS) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.74 per share a year ago. zacks.com - 2 weeks ago
ChoiceOne Reports First Quarter 2025 Results SPARTA, Mich. , April 30, 2025 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne") (NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended March 31, 2025. prnewswire.com - 2 weeks ago
ChoiceOne Financial Services, Inc. Completes Successful Consolidation of ChoiceOne Bank and The State Bank SPARTA, Mich. , March 17, 2025 /PRNewswire/ -- ChoiceOne Financial Services, Inc., (NASDAQ: COFS) ("ChoiceOne"), the parent company of ChoiceOne Bank, announced the successful consolidation of The State Bank with and into ChoiceOne Bank on March 14, 2025. prnewswire.com - 2 months ago
ChoiceOne Financial Services, Inc. and Fentura Financial, Inc. Complete Merger SPARTA, Mich. and FENTON, Mich. prnewswire.com - 2 months ago
ChoiceOne Financial Announces Cash Dividends SPARTA, Mich. , Feb. 26, 2025 /PRNewswire/ -- ChoiceOne Financial Services, Inc. announced today that its Board of Directors has declared a cash dividend on the Corporation's common stock of $0.28 per share. prnewswire.com - 2 months ago
ChoiceOne Financial Services, Inc. Receives Regulatory Approval for Merger with Fentura Financial, Inc. SPARTA, Mich. , Feb. 12, 2025 /PRNewswire/ -- ChoiceOne Financial Services, Inc., (NASDAQ: COFS) ("ChoiceOne"), the parent company of ChoiceOne Bank, today announced the receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete the merger of Fentura Financial, Inc. (OTCQX: FETM) ("Fentura"), the parent company of The State Bank, with and into ChoiceOne, with ChoiceOne continuing as the surviving corporation. prnewswire.com - 3 months ago
ChoiceOne Financial Services, Inc. (COFS) Q4 Earnings Match Estimates ChoiceOne Financial Services, Inc. (COFS) came out with quarterly earnings of $0.83 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.70 per share a year ago. zacks.com - 3 months ago
ChoiceOne Reports Fourth Quarter and Year End 2024 Results SPARTA, Mich. , Jan. 22, 2025 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended December 31, 2024. prnewswire.com - 3 months ago
ChoiceOne Financial Services, Inc. and Fentura Financial, Inc. Shareholders Approve Merger SPARTA, Mich., and FENTON, Mich. prnewswire.com - 5 months ago
The Zacks Analyst Blog Raymond James Financial, ChoiceOne Financial Services, Royal Bank of Canada and Canadian Imperial Bank of Commerce Raymond James Financial, ChoiceOne Financial Services, Royal Bank of Canada and Canadian Imperial Bank of Commerce are included in this Analyst Blog. zacks.com - 5 months ago
4 Finance Stocks With Recent Dividend Hikes to Keep An Eye On RJF, COFS, RY and CM are stocks to look out for a regular stream of income, given recent dividend hikes amid an uncertain operating backdrop. zacks.com - 5 months ago
CHOICEONE FINANCIAL ANNOUNCES CASH DIVIDENDS SPARTA, Mich. , Dec. 4, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. announced today that its Board of Directors has declared a cash dividend on the Corporation's common stock of $0.28 per share. prnewswire.com - 5 months ago
8. Profile Summary

ChoiceOne Financial Services, Inc. COFS

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 428 M
Dividend Yield 0.97%
Description 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.
Contact 109 East Division Street, Sparta, MI, 49345 https://www.choiceone.com
IPO Date June 21, 2001
Employees 605
Officers Danielle Chateauvert Vice President of Marketing Mr. Bradley A. Henion Executive Vice President & Chief Lending Officer Mr. Adom J. Greenland CPA Chief Financial Officer, Executive Vice President, Secretary & Treasurer Robert G. Michel SVice President & Operations Officer Bart E. Jonker SVice President of Risk Management & Compliance Officer Mr. Lee A. Braford Senior Vice President & Chief Credit Officer of ChoiceOne Bank Ms. Shelly M. Childers Senior Vice President & Chief Information Officer Mr. Steven M. DeVolder Senior Vice President & Senior Trust Officer Mr. Michael J. Burke Jr. President & Director Mr. Kelly J. Potes CFP Chief Executive Officer & Director