CHOICEONE FINANCIAL SERVICES INC
COFSNasdaq
$33.93
↓ -2.0%Jul 17 close · end-of-day
Price
1Y↑ +21.7%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$510.4M
Enterprise Value
$426.2M
P/E
8.1
P/S
2.1
P/B
1.1
EV/EBITDA
—
PEG
—
FCF Yield
6.6%
Dividend Yield
3.4%
Revenue (TTM)
$241.8M
Net Income (TTM)
$55.8M
Free Cash Flow (TTM)
$33.7M
Gross Margin
—
Operating Margin
—
Net Margin
23.1%
ROE
11.9%
ROIC
—
Debt / Equity
—
Net Cash
$84.2M
Return 1Y
+20.4%
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.
- CEO
- Kelly J. Potes
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Banking
- Employees
- 380
- Headquarters
- Michigan
- Website
- choiceone.com
Management & directors
- Burke Michael J JrPresident
- Greenland AdomSecretary
- Henion BradleyE.V.P. - ChoiceOne Bank (Sub.)
- Potes KellyChief Executive Officer
Roles derived from SEC Form 4 filings.
Earnings
COFS Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$59.1M↑ +31.7%
Diluted EPS$0.91↓ -170.5%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | $89.1M | $113.9M | $139.1M | $227.6M |
| Gross profit | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | $15.6M | $22.0M | $23.6M | $21.3M | $26.7M | $28.2M |
| Diluted EPS | $2.07 | $2.86 | $3.15 | $2.82 | $3.25 | $2.01 |
| Operating cash flow | $8.5M | $37.7M | $44.3M | $46.3M | $47.1M | $31.8M |
| Free cash flow | $6.6M | $34.9M | $43.2M | $42.1M | $45.4M | $25.2M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — |
| Net margin | — | — | 26.5% | 18.7% | 19.2% | 12.4% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.2M | $3.4M | $100.1M | $44.9M | $4.8M | $5.3M | $172.6M | $59.1M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — |
| Net income | $6.6M | $7.3M | $7.2M | -$13.9M | $13.5M | $14.7M | $13.9M | $13.7M |
| Diluted EPS | $0.87 | $0.85 | $0.79 | -$1.29 | $0.90 | $0.97 | $1.43 | $0.91 |
| Operating cash flow | $15.7M | -$7.4M | $23.4M | -$9.4M | $11.9M | $15.3M | $14.0M | -$177,000.00 |
| Free cash flow | $15.3M | -$7.6M | $22.7M | -$10.2M | $9.8M | $13.7M | $11.9M | -$1.7M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — |
| Net margin | 207.8% | 219.3% | 7.2% | -31.0% | 280.9% | 277.8% | 8.0% | 23.2% |
Company news
Jul 14, 2026
Jun 10, 2026
Jun 2, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-01 | McGinnis Bradley F. | Award | 489 | $34.00 | $16,626.00 | filing |
| 2026-07-01 | Burrough Eric E | Award | 489 | $34.00 | $16,626.00 | filing |
| 2026-07-01 | Burns Harold J | Award | 489 | $34.00 | $16,626.00 | filing |
| 2026-07-01 | PETTY BRIAN P | Award | 489 | $34.00 | $16,626.00 | filing |
| 2026-07-01 | Armock Greg L. | Award | 489 | $34.00 | $16,626.00 | filing |
| 2026-07-01 | Krause Steven Theodore | Award | 489 | $34.00 | $16,626.00 | filing |
| 2026-07-01 | Hicks Randy D | Award | 489 | $34.00 | $16,626.00 | filing |
| 2026-07-01 | Brophy Keith D. | Award | 345 | $34.00 | $11,730.00 | filing |
| 2026-07-01 | Wendling Michelle M | Award | 202 | $34.00 | $6,868.00 | filing |
| 2026-07-01 | Page Roxanne M | Award | 202 | $34.00 | $6,868.00 | filing |
| 2026-07-01 | McConnell Gregory A | Award | 202 | $34.00 | $6,868.00 | filing |
| 2026-07-01 | Essex Bruce John Jr | Award | 202 | $34.00 | $6,868.00 | filing |
| 2026-07-01 | Coulter Curt E | Award | 202 | $34.00 | $6,868.00 | filing |
| 2026-04-30 | POTES KELLY· Chief Executive Officer | Tax withholding | 450 | $30.03 | $13,513.50 | filing |
| 2026-04-30 | Burke Michael J Jr· President | Tax withholding | 252 | $30.03 | $7,567.56 | filing |
| 2026-04-30 | Henion Bradley· E.V.P. - ChoiceOne Bank (Sub.) | Tax withholding | 137 | $30.03 | $4,114.11 | filing |
| 2026-04-30 | Greenland Adom· Secretary | Tax withholding | 127 | $30.03 | $3,813.81 | filing |
| 2026-04-30 | Greenland Adom· Secretary | Award | 1,506 | $0.00 | $0.00 | filing |
| 2026-04-30 | Henion Bradley· E.V.P. - ChoiceOne Bank (Sub.) | Award | 1,455 | $0.00 | $0.00 | filing |
| 2026-04-30 | Burke Michael J Jr· President | Award | 2,439 | $0.00 | $0.00 | filing |
| 2026-04-30 | POTES KELLY· Chief Executive Officer | Award | 4,416 | $0.00 | $0.00 | filing |
| 2026-04-01 | Armock Greg L. | Award | 591 | $28.12 | $16,618.92 | filing |
| 2026-04-01 | PETTY BRIAN P | Award | 591 | $28.12 | $16,618.92 | filing |
| 2026-04-01 | McGinnis Bradley F. | Award | 591 | $28.12 | $16,618.92 | filing |
| 2026-04-01 | Krause Steven Theodore | Award | 591 | $28.12 | $16,618.92 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.