COFS
Price:
$31.63
Market Cap:
$475.17M
ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides community 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 loans, 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 safe deposit and automated transaction machine services; and alternative investmen...[Read more]
Industry
Banks - Regional
IPO Date
2001-06-21
Stock Exchange
NASDAQ
Ticker
COFS
According to ChoiceOne Financial Services, Inc.’s latest financial reports and current stock price. The company's current ROE is 1.59%. This represents a change of 113.59% compared to the average of 0.74% of the last 4 quarters.
The mean historical ROE of ChoiceOne Financial Services, Inc. over the last ten years is 8.96%. The current 1.59% ROE has changed -82.30% with respect to the historical average. Over the past ten years (40 quarters), COFS's ROE was at its highest in in the December 2022 quarter at 3.96%. The ROE was at its lowest in in the March 2025 quarter at -3.26%.
Average
8.96%
Median
8.80%
Minimum
3.73%
Maximum
14.00%
Discovering the peaks and valleys of ChoiceOne Financial Services, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 84.07%
Maximum Annual ROE = 14.00%
Minimum Annual Increase = -59.04%
Minimum Annual ROE = 3.73%
| Year | ROE | Change |
|---|---|---|
| 2024 | 10.26% | -5.56% |
| 2023 | 10.87% | -22.37% |
| 2022 | 14.00% | 40.78% |
| 2021 | 9.94% | 44.74% |
| 2020 | 6.87% | 84.07% |
| 2019 | 3.73% | -59.04% |
| 2018 | 9.11% | 13.09% |
| 2017 | 8.06% | -5.14% |
| 2016 | 8.49% | 3.30% |
| 2015 | 8.22% | -4.43% |
The current ROE of ChoiceOne Financial Services, Inc. (COFS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
11.71%
5-year avg
10.39%
10-year avg
8.96%
ChoiceOne Financial Services, Inc.’s ROE is less than Peoples Financial Services Corp. (10.91%), less than Red River Bancshares, Inc. (12.14%), less than Peapack-Gladstone Financial Corporation (1.53%), less than Northfield Bancorp, Inc. (5.55%), less than First Business Financial Services, Inc. (15.03%), less than Bridgewater Bancshares, Inc. (8.62%), less than Home Bancorp, Inc. (10.87%), less than ACNB Corporation (8.79%), less than Capital Bancorp, Inc. (13.25%), less than Kearny Financial Corp. (3.94%),
| Company | ROE | Market cap |
|---|---|---|
| 10.91% | $499.93M | |
| 12.14% | $481.71M | |
| 1.53% | $495.43M | |
| 5.55% | $477.84M | |
| 15.03% | $452.41M | |
| 8.62% | $497.35M | |
| 10.87% | $446.83M | |
| 8.79% | $513.43M | |
| 13.25% | $472.58M | |
| 3.94% | $466.21M |
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What is ChoiceOne Financial Services, Inc.'s ROE?
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What is the 3-year average ROE for ChoiceOne Financial Services, Inc. (COFS)?
What is the 5-year average ROE for ChoiceOne Financial Services, Inc. (COFS)?
How does the current ROE for ChoiceOne Financial Services, Inc. (COFS) compare to its historical average?