NASDAQ:COFS

ChoiceOne Financial Services (COFS) Stock Forecast, Price & News

$22.76

-0.85 (-3.60%)

(As of 09/22/2023 ET)

Compare

Today's Range: $22.76
▼
$23.88
50-Day Range: $21.75
▼
$25.24
52-Week Range: $20.33
▼
$29.99

Volume: 10,225 shs
Average Volume: 8,583 shs
Market Capitalization: $171.61 million

P/E Ratio: 7.34
Dividend Yield: 4.57%
Price Target: N/A

About ChoiceOne Financial Services (NASDAQ:COFS) Stock

ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides 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 lending products, 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 alternative investment products, which include annuities and mutual funds; and sells insurance policies, such as life and health for commercial and consumer clients. Further, it provides trust and wealth management services. ChoiceOne Financial Services, Inc. was founded in 1898 and is headquartered in Sparta, Michigan.

COFS Price History

30 days | 90 days | 365 days | Advanced Chart

COFS Stock News Headlines

August 27, 2023 | finance.yahoo.com

ChoiceOne Financial Services (NASDAQ:COFS) Is Paying Out A Larger Dividend Than Last Year

August 25, 2023 | seekingalpha.com

COFS ChoiceOne Financial Services, Inc.

September 24, 2023 | Investor Place Media (Ad)

Disturbing Truth About Biden's New Program To Seize Your Cash

A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.

July 27, 2023 | finanznachrichten.de

ChoiceOne Financial Services, Inc.: ChoiceOne Reports Second Quarter 2023 Results

July 26, 2023 | seekingalpha.com

ChoiceOne Financial Services GAAP EPS of $0.69, revenue of $19.6M

July 26, 2023 | finance.yahoo.com

ChoiceOne Reports Second Quarter 2023 Results

July 20, 2023 | finance.yahoo.com

ChoiceOne Financial Services (NASDAQ:COFS) Ticks All The Boxes When It Comes To Earnings Growth

May 28, 2023 | finance.yahoo.com

ChoiceOne Financial Services (NASDAQ:COFS) Has Announced That It Will Be Increasing Its Dividend To $0.26

September 24, 2023 | Investor Place Media (Ad)

Disturbing Truth About Biden's New Program To Seize Your Cash

A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.

May 26, 2023 | msn.com

Choiceone Financial Services (COFS) Declares $0.26 Dividend

May 19, 2023 | finance.yahoo.com

ChoiceOne Bank Announces Industry-Leading Technology Advanced Treasury Services for Business Customers

May 18, 2023 | finance.yahoo.com

The past three years for ChoiceOne Financial Services (NASDAQ:COFS) investors has not been profitable

April 27, 2023 | finanznachrichten.de

ChoiceOne Financial Services, Inc.: ChoiceOne Financial Reports First Quarter 2023 Results

April 26, 2023 | msn.com

ChoiceOne Financial Services GAAP EPS of $0.75, revenue of $20.68M

March 9, 2023 | finance.yahoo.com

Is It Smart To Buy ChoiceOne Financial Services, Inc. (NASDAQ:COFS) Before It Goes Ex-Dividend?

February 22, 2023 | msn.com

ChoiceOne Financial Services declares $0.26 dividend

February 22, 2023 | finance.yahoo.com

ChoiceOne Financial Announces Cash Dividends

January 27, 2023 | finance.yahoo.com

ChoiceOne Bank Kicks Off Annual Scholarship Program

January 27, 2023 | finance.yahoo.com

Do ChoiceOne Financial Services' (NASDAQ:COFS) Earnings Warrant Your Attention?

January 25, 2023 | msn.com

ChoiceOne Financial Services GAAP EPS of $0.89, revenue of $21.11M

January 25, 2023 | finance.yahoo.com

ChoiceOne Financial Reports Fourth Quarter and Year End 2022 Results

January 23, 2023 | finance.yahoo.com

ChoiceOne Bank Enhances Digital Security Moving to ".BANK" Domain

January 17, 2023 | finance.yahoo.com

ChoiceOne Bank Commemorates Quasquicentennial Anniversary in 2023

January 9, 2023 | finance.yahoo.com

ChoiceOne Bank Welcomes David Huisman Promotes Josh Hucul, Jamie Sheffer, Britney Herrygers

December 29, 2022 | finance.yahoo.com

ChoiceOne Bank Employees Close 2022 with Multiple Community Donations

December 5, 2022 | yahoo.com

ChoiceOne Financial Services (NASDAQ:COFS) Is Increasing Its Dividend To $0.26

November 30, 2022 | finance.yahoo.com

ChoiceOne Financial Announces 4% increase in Cash Dividend

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COFS Company Calendar

Ex-Dividend for 6/30 Dividend: 6/14/2023
Dividend Payable: 6/30/2023
Last Earnings: 7/26/2023
Ex-Dividend for 9/29 Dividend: 9/14/2023
Today: 9/24/2023
Dividend Payable: 9/29/2023
Next Earnings (Estimated): 10/25/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:COFS
CUSIP: N/A
CIK: 803164
Web: www.choiceone.com
Phone: (616) 887-7366
Fax: N/A
Employees: 380
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $3.10
Trailing P/E Ratio: 7.34
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $23.64 million
Net Margins: 23.68%
Pretax Margin: 27.93%
Return on Equity: 13.86%
Return on Assets: 0.97%

Debt

Debt-to-Equity Ratio: 1.09
Current Ratio: 0.64
Quick Ratio: 0.64

Sales & Book Value

Annual Sales: $89.13 million
Price / Sales: 1.93
Cash Flow: $4.93 per share
Price / Cash Flow: 4.62
Book Value: $22.47 per share
Price / Book: 1.01

Miscellaneous

Outstanding Shares: 7,540,000
Free Float: 6,910,000
Market Cap: $171.61 million
Optionable: Not Optionable
Beta: 0.39

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Key Executives

Mr. Kelly J. Potes CFP (Age 61)
CEO & Director
Comp: $555.01k

Mr. Michael J. Burke Jr. (Age 53)
Pres & Director
Comp: $438.06k

Mr. Bradley A. Henion (Age 53)
Exec. VP & Chief Lending Officer of ChoiceOne Bank
Comp: $287.39k

Mr. Adom J. Greenland (Age 42)
CFO, Sr. VP, Sec. & Treasurer

Ms. Shelly M. Childers (Age 60)
Sr. VP & Chief Information Officer

Mr. Lee A. Braford (Age 62)
Sr. VP & Chief Credit Officer of ChoiceOne Bank

Mr. Peter Batistoni (Age 57)
Sr. VP & Sr. Lender of ChoiceOne Bank

Ms. Heather D. Brolick (Age 63)
Sr. VP of HR of ChoiceOne Bank

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

COFS Stock - Frequently Asked Questions

How have COFS shares performed in 2023?: ChoiceOne Financial Services' stock was trading at $29.00 at the beginning of 2023. Since then, COFS stock has decreased by 21.5% and is now trading at $22.76.
View the best growth stocks for 2023 here.
When is ChoiceOne Financial Services' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our COFS earnings forecast.
How were ChoiceOne Financial Services' earnings last quarter?: ChoiceOne Financial Services, Inc. (NASDAQ:COFS) posted its quarterly earnings results on Wednesday, July, 26th. The company reported $0.69 earnings per share (EPS) for the quarter. The business had revenue of $19.58 million for the quarter. ChoiceOne Financial Services had a trailing twelve-month return on equity of 13.86% and a net margin of 23.68%.
How often does ChoiceOne Financial Services pay dividends? What is the dividend yield for ChoiceOne Financial Services?: ChoiceOne Financial Services declared a quarterly dividend on Wednesday, August 23rd. Investors of record on Friday, September 15th will be paid a dividend of $0.26 per share on Friday, September 29th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.57%. The ex-dividend date of this dividend is Thursday, September 14th.
Read our dividend analysis for COFS.
Is ChoiceOne Financial Services a good dividend stock?: ChoiceOne Financial Services (NASDAQ:COFS) pays an annual dividend of $1.04 per share and currently has a dividend yield of 4.57%. COFS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 33.55%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for COFS.
What is ChoiceOne Financial Services' stock symbol?: ChoiceOne Financial Services trades on the NASDAQ under the ticker symbol "COFS."

Who are ChoiceOne Financial Services' major shareholders?: ChoiceOne Financial Services' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (4.52%), Geode Capital Management LLC (1.74%), State Street Corp (1.04%), Northern Trust Corp (0.75%), Bank of New York Mellon Corp (0.27%) and EA Series Trust (0.25%). Insiders that own company stock include Adom Greenland and Paul L Johnson.
How do I buy shares of ChoiceOne Financial Services?: Shares of COFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is ChoiceOne Financial Services' stock price today?: One share of COFS stock can currently be purchased for approximately $22.76.
How much money does ChoiceOne Financial Services make?: ChoiceOne Financial Services (NASDAQ:COFS) has a market capitalization of $171.61 million and generates $89.13 million in revenue each year. The company earns $23.64 million in net income (profit) each year or $3.10 on an earnings per share basis.
How many employees does ChoiceOne Financial Services have?: The company employs 380 workers across the globe.
How can I contact ChoiceOne Financial Services?: ChoiceOne Financial Services' mailing address is 109 E DIVISION P O BOX 186, SPARTA MI, 49345. The official website for the company is www.choiceone.com. The company can be reached via phone at (616) 887-7366 or via email at tlampen@choiceone.com.

This page (NASDAQ:COFS) was last updated on 9/24/2023 by MarketBeat.com Staff

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