ChoiceOne Financial Services, Inc. (COFS)
NASDAQ: COFS · Real-Time Price · USD
31.25
-0.38 (-1.20%)
Dec 5, 2025, 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 | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest Income on Loans | 149.87 | 89.58 | 68.38 | 52.82 | 48.66 | 46.87 | Upgrade
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| Interest Income on Investments | 29.75 | 31.52 | 30.6 | 22.24 | 15.96 | 8.84 | Upgrade
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| Total Interest Income | 179.62 | 121.1 | 98.98 | 75.06 | 64.62 | 55.72 | Upgrade
|
| Interest Paid on Deposits | 48.55 | 34.17 | 23.99 | 5.85 | 3.31 | 4.18 | Upgrade
|
| Interest Paid on Borrowings | 11.49 | 12.49 | 9.11 | 1.9 | 0.67 | 0.47 | Upgrade
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| Total Interest Expense | 60.04 | 46.66 | 33.1 | 7.75 | 3.98 | 4.64 | Upgrade
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| Net Interest Income | 119.58 | 74.44 | 65.89 | 67.31 | 60.64 | 51.07 | Upgrade
|
| Net Interest Income Growth (YoY) | 66.90% | 12.99% | -2.12% | 11.00% | 18.74% | 83.89% | Upgrade
|
| Trust Income | 2.08 | 0.91 | 0.77 | 0.73 | 0.79 | 0.74 | Upgrade
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| Mortgage Banking Activities | - | - | - | - | 2.34 | 3.18 | Upgrade
|
| Gain (Loss) on Sale of Investments | 0.76 | 0.2 | -0.32 | -1.76 | 0.44 | 1.15 | Upgrade
|
| Other Non-Interest Income | 11.66 | 7.76 | 7.61 | 7.6 | 11.18 | 9.51 | Upgrade
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| Total Non-Interest Income | 22.56 | 17.3 | 14.91 | 13.8 | 19.19 | 22.7 | Upgrade
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| Non-Interest Income Growth (YoY) | 32.36% | 16.03% | 8.03% | -28.11% | -15.44% | 155.61% | Upgrade
|
| Revenues Before Loan Losses | 142.14 | 91.74 | 80.79 | 81.11 | 79.84 | 73.77 | Upgrade
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| Provision for Loan Losses | 14.21 | 0.63 | 0.15 | 0.25 | 0.42 | 4 | Upgrade
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| Revenue | 127.93 | 91.11 | 80.64 | 80.86 | 79.42 | 69.77 | Upgrade
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| Revenue Growth (YoY) | 45.55% | 12.98% | -0.27% | 1.82% | 13.83% | 90.35% | Upgrade
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| Salaries and Employee Benefits | 46.32 | 32.69 | 30.96 | 29.43 | 28.49 | 26.03 | Upgrade
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| Occupancy Expenses | 7.91 | 5.48 | 5.72 | 5.98 | 6.02 | 5.78 | Upgrade
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| Federal Deposit Insurance | 1.72 | 1.34 | 1.18 | 0.72 | 0.8 | 0.45 | Upgrade
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| Amortization of Goodwill & Intangibles | 4.29 | 0.76 | 0.96 | 1.15 | 1.31 | 1.5 | Upgrade
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| Selling, General & Administrative | 16.48 | 12.22 | 11.65 | 11.56 | 11.63 | 12.43 | Upgrade
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| Other Non-Interest Expense | 8.26 | 5.21 | 4.61 | 4.64 | 4.68 | 4.7 | Upgrade
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| Total Non-Interest Expense | 84.97 | 57.68 | 55.07 | 53.48 | 52.92 | 50.88 | Upgrade
|
| EBT Excluding Unusual Items | 42.96 | 33.43 | 25.57 | 27.38 | 26.5 | 18.89 | Upgrade
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| Pretax Income | 26.2 | 33.09 | 25.57 | 27.66 | 26.5 | 18.89 | Upgrade
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| Income Tax Expense | 4.73 | 6.36 | 4.31 | 4.02 | 4.46 | 3.27 | Upgrade
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| Net Income | 21.47 | 26.73 | 21.26 | 23.64 | 22.04 | 15.61 | Upgrade
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| Net Income to Common | 21.47 | 26.73 | 21.26 | 23.64 | 22.04 | 15.61 | Upgrade
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| Net Income Growth | -13.65% | 25.71% | -10.06% | 7.25% | 41.18% | 117.72% | Upgrade
|
| Basic Shares Outstanding | 12 | 8 | 8 | 8 | 8 | 8 | Upgrade
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| Diluted Shares Outstanding | 12 | 8 | 8 | 8 | 8 | 8 | Upgrade
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| Shares Change (YoY) | 58.83% | 8.57% | 0.60% | -2.28% | 2.27% | 65.92% | Upgrade
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| EPS (Basic) | 1.73 | 3.27 | 2.82 | 3.15 | 2.87 | 2.08 | Upgrade
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| EPS (Diluted) | 1.72 | 3.25 | 2.82 | 3.15 | 2.86 | 2.07 | Upgrade
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| EPS Growth | -45.60% | 15.25% | -10.48% | 10.14% | 38.16% | 31.03% | Upgrade
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| Dividend Per Share | 1.120 | 1.090 | 1.050 | 1.010 | 0.940 | 0.820 | Upgrade
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| Dividend Growth | 3.70% | 3.81% | 3.96% | 7.45% | 14.63% | 2.50% | Upgrade
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| Effective Tax Rate | 18.06% | 19.23% | 16.84% | 14.53% | 16.82% | 17.33% | Upgrade
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Source: S&P Capital IQ. Banks template. Financial Sources.