ChoiceOne Financial Services, Inc. (COFS)
NASDAQ: COFS · Real-Time Price · USD
28.28
-0.17 (-0.60%)
Mar 6, 2026, 4:00 PM EST - Market closed
COFS Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Interest Income on Loans | 172.91 | 89.58 | 68.38 | 52.82 | 48.66 | Upgrade
|
| Interest Income on Investments | 30.04 | 31.52 | 30.6 | 22.24 | 15.96 | Upgrade
|
| Total Interest Income | 202.96 | 121.1 | 98.98 | 75.06 | 64.62 | Upgrade
|
| Interest Paid on Deposits | 53.97 | 34.17 | 23.99 | 5.85 | 3.31 | Upgrade
|
| Interest Paid on Borrowings | 11.92 | 12.49 | 9.11 | 1.9 | 0.67 | Upgrade
|
| Total Interest Expense | 65.89 | 46.66 | 33.1 | 7.75 | 3.98 | Upgrade
|
| Net Interest Income | 137.07 | 74.44 | 65.89 | 67.31 | 60.64 | Upgrade
|
| Net Interest Income Growth (YoY) | 84.13% | 12.99% | -2.12% | 11.00% | 18.74% | Upgrade
|
| Trust Income | 2.53 | 0.91 | 0.77 | 0.73 | 0.79 | Upgrade
|
| Mortgage Banking Activities | - | - | - | - | 2.34 | Upgrade
|
| Gain (Loss) on Sale of Investments | 0.61 | 0.2 | -0.32 | -1.76 | 0.44 | Upgrade
|
| Other Non-Interest Income | 19.78 | 7.76 | 7.61 | 7.6 | 11.18 | Upgrade
|
| Total Non-Interest Income | 24.67 | 17.3 | 14.91 | 13.8 | 19.19 | Upgrade
|
| Non-Interest Income Growth (YoY) | 42.62% | 16.03% | 8.03% | -28.11% | -15.44% | Upgrade
|
| Revenues Before Loan Losses | 161.74 | 91.74 | 80.79 | 81.11 | 79.84 | Upgrade
|
| Provision for Loan Losses | 14.81 | 0.63 | 0.15 | 0.25 | 0.42 | Upgrade
|
| Revenue | 146.92 | 91.11 | 80.64 | 80.86 | 79.42 | Upgrade
|
| Revenue Growth (YoY) | 61.26% | 12.98% | -0.27% | 1.82% | 13.83% | Upgrade
|
| Salaries and Employee Benefits | 52.74 | 32.69 | 30.96 | 29.43 | 28.49 | Upgrade
|
| Occupancy Expenses | 9.31 | 5.48 | 5.72 | 5.98 | 6.02 | Upgrade
|
| Federal Deposit Insurance | 2.01 | 1.34 | 1.18 | 0.72 | 0.8 | Upgrade
|
| Amortization of Goodwill & Intangibles | 5.82 | 0.76 | 0.96 | 1.15 | 1.31 | Upgrade
|
| Selling, General & Administrative | 16.7 | 12.22 | 11.65 | 11.56 | 11.63 | Upgrade
|
| Other Non-Interest Expense | 8.79 | 5.21 | 4.61 | 4.64 | 4.68 | Upgrade
|
| Total Non-Interest Expense | 95.37 | 57.68 | 55.07 | 53.48 | 52.92 | Upgrade
|
| EBT Excluding Unusual Items | 51.56 | 33.43 | 25.57 | 27.38 | 26.5 | Upgrade
|
| Pretax Income | 34.19 | 33.09 | 25.57 | 27.66 | 26.5 | Upgrade
|
| Income Tax Expense | 6.01 | 6.36 | 4.31 | 4.02 | 4.46 | Upgrade
|
| Net Income | 28.18 | 26.73 | 21.26 | 23.64 | 22.04 | Upgrade
|
| Net Income to Common | 28.18 | 26.73 | 21.26 | 23.64 | 22.04 | Upgrade
|
| Net Income Growth | 5.42% | 25.71% | -10.06% | 7.25% | 41.18% | Upgrade
|
| Basic Shares Outstanding | 14 | 8 | 8 | 8 | 8 | Upgrade
|
| Diluted Shares Outstanding | 14 | 8 | 8 | 8 | 8 | Upgrade
|
| Shares Change (YoY) | 70.20% | 8.57% | 0.60% | -2.28% | 2.27% | Upgrade
|
| EPS (Basic) | 2.02 | 3.27 | 2.82 | 3.15 | 2.87 | Upgrade
|
| EPS (Diluted) | 2.01 | 3.25 | 2.82 | 3.15 | 2.86 | Upgrade
|
| EPS Growth | -38.15% | 15.25% | -10.48% | 10.14% | 38.16% | Upgrade
|
| Dividend Per Share | 1.130 | 1.090 | 1.050 | 1.010 | 0.940 | Upgrade
|
| Dividend Growth | 3.67% | 3.81% | 3.96% | 7.45% | 14.63% | Upgrade
|
| Effective Tax Rate | 17.59% | 19.23% | 16.84% | 14.53% | 16.82% | Upgrade
|
Source: S&P Capital IQ. Banks template. Financial Sources.