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XNAS
COFS
Market cap494mUSD
Oct 08, Last price  
33.02USD
1D
-0.21%
1Q
0.12%
Jan 2017
45.98%
IPO
147.65%
Name

ChoiceOne Financial Services Inc

Chart & performance

D1W1MN
XNAS:COFS chart
P/E
17.52
P/S
2.56
EPS
1.88
Div yield, %
3.41%
Shrs. gr., 5y
13.19%
Rev. gr., 5y
19.72%
Revenues
193m
+38.67%
20,322,00035,246,00031,049,00028,554,00027,530,00027,614,00027,108,00025,260,00025,816,00027,054,00028,193,00028,944,00031,445,00041,641,00078,413,00083,812,00089,132,000113,886,000139,099,000192,886,000
Net income
28m
+5.42%
2,088,0003,580,0001,435,0001,478,0002,711,0003,513,0004,262,0005,094,0005,695,0005,743,0006,090,0006,168,0007,333,0007,171,00015,613,00022,042,00023,640,00021,261,00026,727,00028,176,000
CFO
32m
-34.60%
-7,166,0006,514,0007,230,0009,235,0009,225,00012,545,0009,642,00010,364,0007,473,0003,978,00010,927,0008,090,0009,955,0009,202,0008,478,00037,699,00044,327,00046,482,00048,646,00031,814,000
Dividend
Sep 15, 20260.29 USD/sh

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Profile

ChoiceOne Financial Services, Inc. functions as the holding company for ChoiceOne Bank, which delivers a comprehensive range of community banking services to businesses (corporations and partnerships) and individual clients across Michigan. The institution offers diverse deposit solutions, including time, savings, and demand accounts, alongside access to safe deposit boxes and automated teller machine (ATM) facilities. Its lending portfolio is extensive, providing commercial loans for various purposes such such as business operations, industrial endeavors, agriculture, construction projects, inventory financing, and real estate purchases. For consumers, ChoiceOne extends both direct and indirect loans, catering to personal needs and residential property acquisition. Beyond traditional banking, the company also provides alternative investment products, such as annuities and mutual funds, and offers life and health insurance policies to both its commercial and individual clientele. ChoiceOne maintains a substantial operational footprint with 32 full-service branch offices situated in Michigan's Kent, Muskegon, Newaygo, Ottawa, Lapeer, Macomb, and St. Clair counties. Additionally, it operates three specialized loan production offices. Established in 1898, ChoiceOne Financial Services, Inc. is headquartered in Sparta, Michigan.

Key people

Lee A. Braford
Senior Vice President · since 2012
Thomas L. Lampen
Treasurer; Chief Financial Officer, Senior Vice President of the Bank · since 2012
Mary J. Johnson
Senior Vice President and Cashier of the Bank · since 2010
James A. Bosserd
Director · since 2016
Michael J Burke
Director · since 2019
Harold Burns
Director · since 2019
Eric Burrough
Director · since 2019
David Bush
Director · since 2019
Bruce Cady
Director · since 2019
Patrick Cronin
Director · since 2019
Gregory McConnell
Director · since 2019
Keith D. Brophy
Independent Director · since 2014
Nels W. Nyblad
Independent Director · since 2008
Roxanne M. Page
Independent Director · since 2010
IPO date
Jun 21, 2001
Employees
380
Domiciled in
US
Incorporated in
US

Valuation

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