Choiceone Financial Services Inc financial data

Symbol
COFS on Nasdaq
Industry
State Commercial Banks
Location
109 E Division, P O Box 186, Sparta, MI
State of incorporation
MI
Fiscal year end
December 31
Former names
1ST COMMUNITY BANCORP INC (to 4/9/1998)
Latest financial report
10-Q - Q3 2024 - Nov 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 1.13K % -15.2%
Return On Equity 11.5 % -12.4%
Return On Assets 0.94 % +2.18%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 8.96M shares +18.7%
Common Stock, Shares, Outstanding 8.96M shares +18.8%
Entity Public Float 159M USD +17%
Weighted Average Number of Shares Outstanding, Basic 8.57M shares +13.7%
Weighted Average Number of Shares Outstanding, Diluted 8.62M shares +13.8%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 30.7M USD +14.4%
Income Tax Expense (Benefit) 5.88M USD +39.4%
Net Income (Loss) Attributable to Parent 24.9M USD +9.75%
Earnings Per Share, Basic 3.18 USD/shares +5.65%
Earnings Per Share, Diluted 3.16 USD/shares +4.98%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 146M USD +0.87%
Property, Plant and Equipment, Net 27.1M USD -8.41%
Goodwill 59.9M USD 0%
Assets 2.73B USD +5.9%
Liabilities 2.48B USD +3.56%
Common Stocks, Including Additional Paid in Capital 206M USD +19.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -45.4M USD +27.3%
Retained Earnings (Accumulated Deficit) 86.8M USD +23.2%
Stockholders' Equity Attributable to Parent 248M USD +36.8%
Liabilities and Equity 2.73B USD +5.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 15.3M USD +67%
Net Cash Provided by (Used in) Financing Activities 71.8M USD +242%
Net Cash Provided by (Used in) Investing Activities 7.61M USD
Common Stock, Shares Authorized 15M shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 94.7M USD +742%
Interest Paid, Excluding Capitalized Interest, Operating Activities 15.3M USD +235%
Operating Lease, Liability 709K USD
Depreciation 636K USD +4.43%
Payments to Acquire Property, Plant, and Equipment 311K USD -69.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 41.9M USD +6.95%
Lessee, Operating Lease, Liability, to be Paid 777K USD -23.2%
Property, Plant and Equipment, Gross 50.7M USD +9.15%
Lessee, Operating Lease, Liability, to be Paid, Year Two 230K USD -0.86%
Lessee, Operating Lease, Liability, to be Paid, Year One 314K USD -2.48%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 68K USD -42.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 168K USD -26%
Deferred Tax Assets, Operating Loss Carryforwards 466K USD -7.72%
Deferred Federal Income Tax Expense (Benefit) 301K USD +19.4%
Preferred Stock, Shares Authorized 100K shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 65K USD -60.8%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 807K USD -19.6%
Deferred Tax Assets, Net of Valuation Allowance 21.1M USD -11.3%
Interest Expense 45M USD +168%