Choiceone Financial Services Inc (COFS)
Choiceone Financial Services Inc brought in $242.8M of revenue over the twelve months to September 30, 2026, up 56.6% from a year earlier. Net income was $54.6M, a net margin of 22.5%. Operating cash flow minus capital spending left $25.2M of free cash flow in fiscal 2025. At September 30, 2026 it held $95M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 9, 2026.
Key facts about Choiceone Financial Services Inc
- Net worth
- Choiceone Financial Services Inc has a market value (market cap) of $554.1M at the latest share price, and shareholders' equity of $469.8M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $227.6M (+63.6% year on year), with net income of $28.2M. Over the 12 months to September 30, 2026: revenue $242.8M, net income $54.6M.
- Cash flow
- In fiscal 2025 operations brought in $31.8M of cash; after $6.6M of capital spending, free cash flow was $25.2M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 9, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Choiceone Financial Services Inc's next report is expected around February 2, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Choiceone Financial Services Inc declared dividends of $1.13 per share in fiscal 2025, a yield of 3.05% at the current price.
What Choiceone Financial Services Inc does
Choiceone Financial Services Inc is registered with the SEC under industry code SIC 6022 (State Commercial Banks). Its shares trade on NASDAQ under the ticker COFS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $227.6M | $28.2M | $2.01 | $25.2M |
| 2024 | $139.1M | $26.7M | $3.25 | $45.4M |
| 2023 | $113.9M | $21.3M | $2.82 | $42.1M |
| 2022 | $89.1M | $23.6M | $3.15 | $43.2M |
| 2021 | n/a | $22M | $2.86 | $34.9M |
| 2020 | n/a | $15.6M | $2.07 | $6.6M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where COFS ranks in Finance
Dividends
Choiceone Financial Services Inc declared $1.13 per share in fiscal 2025. At the current price that is a yield of 3.05%. It paid out $16.9M in cash dividends, 60% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $1.13 | $16.9M | 60% |
| 2024 | $1.09 | $9M | 34% |
| 2023 | $1.05 | $7.9M | 37% |
| 2022 | $1.01 | $7.6M | 32% |
| 2021 | $0.94 | $7.2M | 33% |
| 2020 | $0.82 | $6.2M | 40% |
Latest SEC filings
What Choiceone Financial Services Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 6.6% to $5.6M versus the same quarter last year; diluted EPS $0.97 versus $0.97.
- November 5, 2026
- October 30, 2026
- August 10, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 13% to $5.4M versus the same quarter last year; diluted EPS $0.83 versus $0.90.
- July 24, 2026
- May 27, 2026Shareholder vote results 8-K/A
- May 22, 2026
- May 22, 2026
- May 22, 2026Form POS AM filing POS AM
- May 20, 2026
What is COFS worth? A DCF from its reported cash flow
Insider trades
What the people running Choiceone Financial Services Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 10 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 1, 2026 | Burrough Eric EDirector | Received as pay | 514 | $16.6K |
| October 1, 2026 | Coulter Curt EDirector | Received as pay | 213 | $6.9K |
| October 1, 2026 | Essex Bruce John JrDirector | Received as payindirect | 213 | $6.9K |
| October 1, 2026 | Hicks Randy DDirector | Received as payindirect | 515 | $16.6K |
| October 1, 2026 | Krause Steven TheodoreDirector | Received as payindirect | 514 | $16.6K |
| October 1, 2026 | McConnell Gregory ADirector | Received as pay | 213 | $6.9K |
| October 1, 2026 | McGinnis Bradley F.Director | Received as pay | 514 | $16.6K |
| October 1, 2026 | Page Roxanne MDirector | Received as pay | 213 | $6.9K |
Who owns COFS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 127 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 1,086,956 | +123,727 |
| Northern Trust Corp | 676,173 | -15,610 |
| Vanguard Capital Management LLC | 624,274 | -8,874 |
| State Street Corp | 447,442 | +126,269 |
| Geode Capital Management, LLC | 380,890 | +30,255 |
| Dimensional Fund Advisors LP | 288,653 | +48,228 |
| Alliancebernstein L.P. | 342,635 | -15,860 |
| Hotchkis & Wiley Capital Management LLC | 227,280 | +1,200 |
| Manufacturers Life Insurance Company, The | 219,602 | -1,678 |
| Aqr Capital Management LLC | 205,739 | +157,664 |
| Goldman Sachs Group Inc | 199,174 | +40,761 |
| American Century Companies Inc | 192,689 | +98,664 |
| Gendell Jeffrey L | 148,548 | 0 |
| Morgan Stanley | 110,600 | -13,201 |
| Vanguard Portfolio Management LLC | 101,910 | +19,705 |
| Marshall Wace, Llp | 100,803 | +15,704 |
| Nuveen, LLC | 92,779 | +37,273 |
| Vanguard Fiduciary Trust Co | 92,461 | +3,861 |
| Two Sigma Investments, LP | 88,459 | -58,220 |
| Segall Bryant & Hamill, LLC | 87,466 | new |
Insiders
17 insiders reported holding 942,530 shares in total, about $34.9M at the last price.
| Holder | Shares |
|---|---|
| Essex Bruce John JrDirector | 250,716250,716 held indirectly |
| Burrough Eric EDirector | 181,991 |
| Hicks Randy DDirector | 100,530100,530 held indirectly |
| Petty Brian PDirector | 92,701 |
| Krause Steven TheodoreDirector | 47,85218,113 held indirectly |
| Potes KellyChief Executive Officer, Director | 47,256 |
| Armock Greg L.Director | 46,37046,370 held indirectly |
| McConnell Gregory ADirector | 37,659 |
| McGinnis Bradley F.Director | 30,03415,301 held indirectly |
| Burns Harold JDirector | 26,070 |
Questions about COFS
What does Choiceone Financial Services Inc do?
Choiceone Financial Services Inc is a company in the Finance sector, listed on NASDAQ as COFS. Its shares trade on NASDAQ under the ticker COFS.
What is Choiceone Financial Services Inc's net worth?
Choiceone Financial Services Inc has a market value (market cap) of $554.1M at the latest share price, and shareholders' equity of $469.8M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Choiceone Financial Services Inc profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $54.6M on revenue of $242.8M, a net margin of 22.5%.
How much revenue does Choiceone Financial Services Inc make?
Over the twelve months to September 30, 2026 Choiceone Financial Services Inc reported revenue of $242.8M. That is 56.6% more than a year earlier.
When did Choiceone Financial Services Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 9, 2026. It covers the period to September 30, 2026.
When is Choiceone Financial Services Inc's next earnings report?
Choiceone Financial Services Inc's next report is expected around February 2, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Choiceone Financial Services Inc pay a dividend?
Yes. Choiceone Financial Services Inc declared dividends of $1.13 per share in fiscal 2025, a yield of 3.05% at the current price.
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Where the numbers come from
Financial figures are the values Choiceone Financial Services Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.