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ChoiceOne Financial Services, Inc. COFS
Financial Services - Banks - Regional - NASDAQ - US
Watchlist
$ 35.54
-0.141 %
$ 318 M
Market Cap
11.25
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one COFS stock under the base case scenario is HIDDEN Compared to the current market price of 35.5 USD, ChoiceOne Financial Services, Inc. is HIDDEN

COFS Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart COFS

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FINANCIALS
80.6 M REVENUE
-0.92%
Growth Rates
1Year -0.92%
3Years 3.01%
5Years 22.71%
7Years 16.78%
10Years 12.89%
25.6 M OPERATING INCOME
-27.78%
Growth Rates
1Year -27.78%
3Years 10.63%
5Years 18.48%
7Years 17.54%
10Years 14.03%
21.3 M NET INCOME
-10.06%
Growth Rates
1Year -10.06%
3Years 10.84%
5Years 23.73%
7Years 19.55%
10Years 15.36%
46.5 M OPERATING CASH FLOW
3.25%
Growth Rates
1Year 3.25%
3Years 76.33%
5Years 36.10%
7Years 22.98%
10Years 16.19%
-181 M INVESTING CASH FLOW
-100.41%
Growth Rates
1Year -100.41%
3Years 10.24%
5Years -32.83%
7Years -23.46%
10Years -29.72%
146 M FINANCING CASH FLOW
154.40%
Growth Rates
1Year 154.40%
3Years -17.66%
5Years 54.27%
7Years 23.10%
10Years 41.59%
25.1 M REVENUE
-26.34%
Growth Rates
1Year -0.92%
3Years 3.01%
5Years 22.71%
7Years 16.78%
10Years 12.89%
9.92 M OPERATING INCOME
13.10%
Growth Rates
1Year -27.78%
3Years 10.63%
5Years 18.48%
7Years 17.54%
10Years 14.03%
7.35 M NET INCOME
11.57%
Growth Rates
1Year -10.06%
3Years 10.84%
5Years 23.73%
7Years 19.55%
10Years 15.36%
-6.41 M OPERATING CASH FLOW
-43.75%
Growth Rates
1Year 3.25%
3Years 76.33%
5Years 36.10%
7Years 22.98%
10Years 16.19%
-60.3 M INVESTING CASH FLOW
-2288.95%
Growth Rates
1Year -100.41%
3Years 10.24%
5Years -32.83%
7Years -23.46%
10Years -29.72%
112 M FINANCING CASH FLOW
282.25%
Growth Rates
1Year 154.40%
3Years -17.66%
5Years 54.27%
7Years 23.10%
10Years 41.59%
Balance Sheet Decomposition ChoiceOne Financial Services, Inc.
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Current Assets 55.4 M
Cash & Short-Term Investments 570 M
Receivables 0
Other Current Assets -514 M
Non-Current Assets 2.52 B
Long-Term Investments 930 M
PP&E 29.8 M
Other Non-Current Assets 1.56 B
Current Liabilities 0
Accounts Payable 0
Short-Term Debt 30 M
Other Current Liabilities -30 M
Non-Current Liabilities 2.38 B
Long-Term Debt 65.5 M
Other Non-Current Liabilities 2.32 B
EFFICIENCY
Earnings Waterfall ChoiceOne Financial Services, Inc.
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Revenue 80.6 M
Cost Of Revenue 0
Gross Profit 80.6 M
Operating Expenses 80.8 M
Operating Income 25.6 M
Other Expenses 4.31 M
Net Income 21.3 M
RATIOS
100.00% GROSS MARGIN
100.00%
Averages
1Year 100.00%
3Years 100.00%
5Years 100.00%
7Years 100.00%
10Years 100.00%
31.70% OPERATING MARGIN
31.70%
Averages
1Year 31.70%
3Years 36.13%
5Years 31.39%
7Years 32.27%
10Years 31.72%
26.37% NET MARGIN
26.37%
Averages
1Year 26.37%
3Years 27.67%
5Years 24.72%
7Years 24.48%
10Years 23.89%
10.87% ROE
10.87%
Averages
1Year 10.87%
3Years 11.60%
5Years 9.09%
7Years 8.95%
10Years 8.79%
0.83% ROA
0.83%
Averages
1Year 0.83%
3Years 0.92%
5Years 0.82%
7Years 0.88%
10Years 0.92%
7.30% ROIC
7.30%
Averages
1Year 7.30%
3Years 8.80%
5Years 7.34%
7Years 7.58%
10Years 7.41%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis ChoiceOne Financial Services, Inc.
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Net Income 21.3 M
Depreciation & Amortization 12.4 M
Capital Expenditures -4.23 M
Stock-Based Compensation 1 M
Change in Working Capital 13 M
Others 11.8 M
Free Cash Flow 42.2 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 4.11%
COFS Average Price Target Wall Street Target
37 USD 4.11%
COFS Highest Price Target Wall Street Target
37 USD 4.11%
4. DIVIDEND ANALYSIS
0.91% DIVIDEND YIELD
0.27 USD DIVIDEND PER SHARE
5. COMPETITION

Oconee Federal Financial Corp. operates as a holding company for Oconee Federal Savings and Loan Association that provides various banking products and services in the Oconee County area of northwestern South Carolina and the northeast area of Georgia.

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42.2 USD
OFED
Undervalued 212.50%

Cullman Bancorp, Inc. operates as the holding company for Cullman Savings Bank that provides various banking products and services. It offers checking, savings, and individual retirement accounts, as well as certificates of deposit accounts.

image
8.08 USD
CULL
Overvalued 16.77%

Home Federal Bancorp, Inc. of Louisiana operates as the holding company for Home Federal Bank that provides various financial services to individuals, corporate entities, and other organizations.

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9.74 USD
HFBL
Overvalued 20.62%

First Northwest Bancorp operates as a bank holding company for First Fed Bank that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States.

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5.63 USD
FNWB
Overvalued 47.83%

Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides banking products and services.

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19 USD
LSBK
Undervalued 40.60%

Affinity Bancshares, Inc. operates as the holding company for Affinity Bank that provides various banking products and services. The company accepts various deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts.

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21.1 USD
AFBI
Overvalued 1.63%

Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides a range of commercial banking services to individuals and small to medium-sized businesses in the Central Valley and the Eastern Sierras.

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155 USD
OVLY
Undervalued 419.32%

John Marshall Bancorp, Inc. operates as the bank holding company for John Marshall Bank that provides banking products and financial services.

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11.9 USD
JMSB
Overvalued 51.93%

Northeast Community Bancorp, Inc. operates as the holding company for NorthEast Community Bank that provides financial services for individuals and businesses.

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50.5 USD
NECB
Undervalued 73.62%

Community West Bancshares operates as the bank holding company for Community West Bank, N.A. that provides various financial products and services in California.

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26.3 USD
CWBC
Undervalued 28.52%
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
69.3 K USD 1
Bought
0 USD 0
0-3 MONTHS
1.38 M USD 11
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
3 months ago
Aug 09, 2024
Bought 13.4 K USD
Burke Michael J Jr
President
+ 500
 26.75 USD
3 months ago
Aug 05, 2024
Bought 26.9 K USD
POTES KELLY
Chief Executive Officer
+ 1000
 26.9 USD
3 months ago
Aug 05, 2024
Bought 26.6 K USD
POTES KELLY
Chief Executive Officer
+ 1000
 26.55 USD
3 months ago
Aug 02, 2024
Bought 27.2 K USD
Burke Michael J Jr
President
+ 1000
 27.25 USD
3 months ago
Jul 25, 2024
Bought 10 K USD
Wendling Michelle M
Director
+ 400
 25 USD
3 months ago
Jul 25, 2024
Bought 50 K USD
POTES KELLY
Chief Executive Officer
+ 2000
 25 USD
3 months ago
Jul 25, 2024
Bought 100 K USD
McConnell Gregory A
Director
+ 4000
 25 USD
3 months ago
Jul 25, 2024
Bought 150 K USD
HENDON JACK
Director
+ 6000
 25 USD
3 months ago
Jul 25, 2024
Bought 50 K USD
Greenland Adom
Secretary
+ 2000
 25 USD
3 months ago
Jul 25, 2024
Bought 300 K USD
Essex Bruce John Jr
Director
+ 12000
 25 USD
3 months ago
Jul 25, 2024
Bought 400 K USD
Burrough Eric E
Director
+ 16000
 25 USD
3 months ago
Jul 25, 2024
Bought 50 K USD
Burns Harold J
Director
+ 2000
 25 USD
3 months ago
Jul 25, 2024
Bought 25 K USD
Brophy Keith D.
Director
+ 1000
 25 USD
3 months ago
Jul 25, 2024
Bought 150 K USD
Armock Greg L.
Director
+ 6000
 25 USD
11 months ago
Dec 04, 2023
Sell 69.3 K USD
POTES KELLY
Chief Executive Officer
- 2690.216
 25.75 USD
1 year ago
Nov 09, 2023
Bought 2.78 K USD
Armock Greg L.
Director
+ 138
 20.14 USD
1 year ago
Nov 08, 2023
Bought 12.9 K USD
Coulter Curt E
Director
+ 585
 22.01 USD
1 year ago
Nov 07, 2023
Bought 22 K USD
Burke Michael J Jr
President
+ 1000
 21.97 USD
1 year ago
Nov 03, 2023
Bought 97.2 K USD
Armock Greg L.
Director
+ 4826
 20.14 USD
1 year ago
Nov 02, 2023
Bought 24.1 K USD
McConnell Gregory A
Director
+ 1200
 20.1 USD
1 year ago
Nov 02, 2023
Bought 93 K USD
Essex Bruce John Jr
Director
+ 4693
 19.82 USD
1 year ago
May 19, 2023
Bought 4.23 K USD
Greenland Adom
Secretary
+ 200
 21.15 USD
1 year ago
May 18, 2023
Bought 21.2 K USD
McGinnis Bradley F.
Director
+ 1000
 21.17 USD
1 year ago
May 05, 2023
Bought 11.3 K USD
HENDON JACK
Director
+ 500
 22.59 USD
1 year ago
May 04, 2023
Bought 96.8 K USD
Essex Bruce John Jr
Director
+ 4500
 21.51 USD
1 year ago
May 04, 2023
Bought 96.9 K USD
Essex Bruce John Jr
Director
+ 4500
 21.54 USD
1 year ago
Dec 01, 2022
Bought 12 K USD
Essex Bruce John Jr
Director
+ 530
 22.7 USD
1 year ago
Nov 30, 2022
Bought 156 K USD
Essex Bruce John Jr
Director
+ 6879
 22.69 USD
1 year ago
Nov 28, 2022
Bought 8.04 K USD
McConnell Gregory A
Director
+ 370
 21.72 USD
1 year ago
Nov 28, 2022
Bought 11.8 K USD
McConnell Gregory A
Director
+ 545
 21.73 USD
2 years ago
Oct 31, 2022
Bought 45.6 K USD
HENDON JACK
Director
+ 2000
 22.82 USD
2 years ago
Nov 15, 2022
Bought 225 K USD
Burrough Eric E
Director
+ 10000
 22.53 USD
2 years ago
May 16, 2022
Bought 105 K USD
McConnell Gregory A
director:
+ 5000
 21.07 USD
3 years ago
Nov 10, 2021
Sell 3.53 K USD
BRAFORD LEE A
S.V.P. - ChoiceOne Bank (Sub.)
- 138.409
 25.49 USD
2 years ago
May 10, 2022
Bought 22.7 K USD
McGinnis Bradley F.
director:
+ 1000
 22.74 USD
2 years ago
Jan 28, 2022
Sell 14 K USD
POTES KELLY
Chief Executive Officer
- 540.945
 25.83 USD
2 years ago
Dec 09, 2021
Bought 22 K USD
POTES KELLY
Chief Executive Officer
+ 865
 25.48 USD
2 years ago
Dec 09, 2021
Bought 486 USD
POTES KELLY
Chief Executive Officer
+ 19
 25.6 USD
2 years ago
Dec 08, 2021
Bought 50.6 K USD
POTES KELLY
Chief Executive Officer
+ 1975
 25.6 USD
2 years ago
Dec 08, 2021
Bought 3.58 K USD
POTES KELLY
Chief Executive Officer
+ 141
 25.4 USD
3 years ago
Sep 14, 2021
Bought 4.95 K USD
Batistoni Peter
S.V.P. - ChoiceOne Bank (Sub.)
+ 200
 24.75 USD
3 years ago
May 07, 2021
Bought 24.9 K USD
Greenland Adom
Secretary
+ 1000
 24.92 USD
3 years ago
Apr 27, 2021
Bought 8.32 K USD
POTES KELLY
Chief Executive Officer
+ 343
 24.25 USD
3 years ago
Apr 27, 2021
Bought 24 K USD
JOHNSON PAUL L
Director
+ 1000
 24.05 USD
3 years ago
Feb 18, 2021
Bought 21.3 K USD
BUSH DAVID
Director
+ 820
 25.96 USD
3 years ago
Feb 17, 2021
Bought 1.25 K USD
BUSH DAVID
Director
+ 48
 26 USD
3 years ago
Feb 12, 2021
Bought 3.41 K USD
BUSH DAVID
Director
+ 132
 25.82 USD
3 years ago
Feb 18, 2021
Bought 24.5 K USD
BUSH DAVID
Director
+ 944
 25.96 USD
3 years ago
Feb 17, 2021
Bought 1.46 K USD
BUSH DAVID
Director
+ 56
 26 USD
4 years ago
Jun 12, 2020
Sell 9.03 K USD
BOSSERD JAMES A
Director
- 300
 30.1 USD
4 years ago
Jun 10, 2020
Sell 24.8 K USD
BOSSERD JAMES A
Director
- 800
 31 USD
4 years ago
Jun 08, 2020
Sell 208 K USD
McConnell Gregory A
Director
- 6943
 30 USD
4 years ago
Jun 05, 2020
Sell 12 K USD
BOSSERD JAMES A
Director
- 409
 29.25 USD
4 years ago
Jun 04, 2020
Sell 17.3 K USD
BOSSERD JAMES A
Director
- 591
 29.25 USD
4 years ago
Jun 02, 2020
Sell 29.1 K USD
BOSSERD JAMES A
Director
- 1000
 29.1 USD
4 years ago
Mar 11, 2020
Bought 30 K USD
BUSH DAVID
Director
+ 1000
 29.99 USD
4 years ago
Mar 04, 2020
Sell 32 K USD
Henion Bradley
S.V.P. - ChoiceOne Bank (Sub.)
- 1000
 32.03 USD
4 years ago
Feb 11, 2020
Bought 18.2 K USD
CADY BRUCE
Director
+ 560
 32.5 USD
4 years ago
Feb 10, 2020
Bought 39 K USD
Burke Michael J Jr
President
+ 1200
 32.5 USD
5 years ago
Aug 02, 2019
Bought 59.3 K USD
Armock Greg L.
Director
+ 2010
 29.5 USD
5 years ago
May 20, 2019
Bought 20.3 K USD
Brophy Keith D.
Director
+ 700
 29 USD
5 years ago
May 16, 2019
Bought 31 K USD
Page Roxanne M
Director
+ 1080
 28.75 USD
5 years ago
May 16, 2019
Bought 7.19 K USD
Page Roxanne M
Director
+ 250
 28.75 USD
5 years ago
May 15, 2019
Bought 5.94 K USD
Brophy Keith D.
Director
+ 198
 30 USD
5 years ago
May 15, 2019
Bought 8.7 K USD
Brophy Keith D.
Director
+ 300
 29 USD
5 years ago
May 15, 2019
Bought 2.75 K USD
Brophy Keith D.
Director
+ 95
 28.99 USD
5 years ago
May 15, 2019
Bought 8.83 K USD
Brophy Keith D.
Director
+ 307
 28.75 USD
5 years ago
May 15, 2019
Bought 5.7 K USD
Brophy Keith D.
Director
+ 200
 28.5 USD
5 years ago
May 07, 2019
Bought 30 K USD
Brophy Keith D.
Director
+ 1100
 27.23 USD
6 years ago
Oct 31, 2018
Sell 26.1 K USD
JOHNSON MARY J
Secretary
- 1002
 26.07 USD
6 years ago
May 01, 2018
Bought 3.51 K USD
Page Roxanne M
Director
+ 130
 27 USD
6 years ago
May 01, 2018
Bought 8.37 K USD
Page Roxanne M
Director
+ 310
 27 USD
6 years ago
Feb 14, 2018
Bought 3.6 K USD
POTES KELLY
President
+ 150
 24 USD
6 years ago
Feb 13, 2018
Bought 21.9 K USD
JOHNSON PAUL L
Director
+ 906
 24.15 USD
6 years ago
Feb 06, 2018
Bought 12.2 K USD
Lanning Raymond A.
Director
+ 500
 24.5 USD
6 years ago
Feb 05, 2018
Bought 25 K USD
Greenland Adom
S.V.P. - ChoiceOne Bank (Sub.)
+ 1000
 25 USD
6 years ago
Feb 01, 2018
Bought 9.29 K USD
Greenland Adom
S.V.P. - ChoiceOne Bank (Sub.)
+ 383
 24.25 USD
6 years ago
Jan 30, 2018
Bought 5.82 K USD
Nyblad Nels W
Director
+ 233
 25 USD
6 years ago
Jan 30, 2018
Bought 24.8 K USD
HENDON JACK
Director
+ 1000
 24.75 USD
7 years ago
Nov 08, 2017
Bought 36.5 K USD
Brophy Keith D.
Director
+ 1600
 22.8 USD
7 years ago
Nov 07, 2017
Bought 1.94 K USD
POTES KELLY
President
+ 84.3096
 23 USD
7 years ago
Aug 04, 2017
Sell 22.8 K USD
BOSSERD JAMES A
Chief Executive Officer
- 1000
 22.83 USD
7 years ago
May 22, 2017
Bought 1.14 K USD
Page Roxanne M
Director
+ 49
 23.25 USD
7. News
ChoiceOne Financial Services, Inc. (COFS) Q3 Earnings and Revenues Top Estimates ChoiceOne Financial Services, Inc. (COFS) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.68 per share a year ago. zacks.com - 3 weeks ago
ChoiceOne Reports Third Quarter 2024 Results SPARTA, Mich. , Oct. 23, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended September 30, 2024. prnewswire.com - 3 weeks ago
COFS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of ChoiceOne Financial Services, Inc. Is Fair to Shareholders NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of ChoiceOne Financial Services, Inc. (NASDAQ: COFS) and Fentura Financial, Inc. is fair to ChoiceOne shareholders. Halper Sadeh encourages ChoiceOne shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether ChoiceOne and. businesswire.com - 1 month ago
ChoiceOne Bank Receives MCDC 2023 Lender of the Year Award Bradley Bissett Personally Recognized as MCDC 2023 Individual Lender of the Year SPARTA, Mich. , Sept. 19, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc., and ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") are honored to receive the 2023 Lender of the Year Award from the Michigan Certified Development Corporation (MCDC). prnewswire.com - 1 month ago
ChoiceOne Bank Receives dotCOMM Gold Award Honoring Web Creativity, Digital Communication Excellence SPARTA, Mich. , Sept. 10, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc., and ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") are pleased to announce the choiceone.bank redesign has been awarded a Gold Award from dotCOMM – Honoring Excellence in Web Creativity and Digital Communication. prnewswire.com - 2 months ago
ChoiceOne Financial Announces Cash Dividends SPARTA, Mich. , Aug. 23, 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 $0.27 per share. prnewswire.com - 2 months ago
What Makes ChoiceOne Financial Services (COFS) a New Strong Buy Stock ChoiceOne Financial Services (COFS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy). zacks.com - 3 months ago
Is ChoiceOne Financial Services (COFS) a Great Value Stock Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 3 months ago
COFS ALERT: The M&A Class Action Firm Launches Investigation of the Merger of ChoiceOne Financial Services, Inc. NEW YORK, July 27, 2024 (GLOBE NEWSWIRE) -- NEW YORK, July 26, 2024 Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating ChoiceOne Financial Services, Inc. (Nasdaq: COFS ), relating to its proposed merger with Fentura Financial, Inc. Under the terms of the agreement, ChoiceOne stockholders will receive 1.35 shares of Fentura stock per share of ChoiceOne stock they own. globenewswire.com - 3 months ago
STOCKHOLDER ALERT: The M&A Class Action Firm Investigates Merger of ChoiceOne Financial Services, Inc. - COFS NEW YORK , July 26, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating ChoiceOne Financial Services, Inc. (Nasdaq: COFS ), relating to its proposed merger with Fentura Financial, Inc. Under the terms of the agreement, ChoiceOne stockholders will receive 1.35 shares of Fentura stock per share of ChoiceOne stock they own. prnewswire.com - 3 months ago
ChoiceOne Financial Services, Inc. Announces Closing of $34.5 Million Offering of Common Stock SPARTA, Mich. , July 26, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. (NASDAQ: COFS) ("ChoiceOne"), the parent company of ChoiceOne Bank, today announced the closing of its underwritten public offering of 1,380,000 shares of its common stock at a price to the public of $25.00 per share, including 180,000 shares of common stock sold pursuant to the underwriter's option to purchase additional shares to cover over-allotments, which was exercised in full. prnewswire.com - 3 months ago
ChoiceOne Financial Services, Inc. (COFS) Q2 Earnings and Revenues Surpass Estimates ChoiceOne Financial Services, Inc. (COFS) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.69 per share a year ago. zacks.com - 3 months ago
8. Profile Summary

ChoiceOne Financial Services, Inc. COFS

image
COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 318 M
Dividend Yield 0.91%
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 371
Officers Mr. Lee A. Braford Senior Vice President & Chief Credit Officer of ChoiceOne Bank Mr. Robert M. Jamula Senior Vice President of Wealth Management of ChoiceOne Bank Mr. Kelly J. Potes CFP Chief Executive Officer & Director Mr. Michael J. Burke Jr. President & Director Ms. Shelly M. Childers Senior Vice President & Chief Information Officer Ms. Heather D. Brolick Senior Vice President of Human Resources of ChoiceOne Bank Mr. Bradley A. Henion Executive Vice President & Chief Lending Officer of ChoiceOne Bank Mr. Peter Batistoni Senior Vice President & Senior Lender of ChoiceOne Bank