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Choiceone Financial (COFS)

Choiceone Financial (COFS)
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ChoiceOne Financial Services Inc. is a financial holding company and the parent corporation of ChoiceOne Bank and Lakestone Bank & Trust. It offers insurance and investment products through its subsidiary, ChoiceOne Insurance Agencies, Inc. ChoiceOne Financial Services Inc. is headquartered in Sparta, Michigan.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 227,620 139,100 113,890 89,130 83,810
Sales Growth +63.64% +22.14% +27.78% +6.35% +6.89%
Net Income 28,180 26,730 21,260 23,640 22,040
Net Income Growth +5.42% +25.73% -10.07% +7.26% +41.19%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 2,723,240 2,576,710 2,385,920 2,366,680 1,919,340
Total Assets Growth +5.69% +8.00% +0.81% +23.31% +38.47%
Total Liabilities 2,462,830 2,381,070 2,217,040 2,145,010 1,692,070
Total Liabilities Growth +3.43% +7.40% +3.36% +26.77% +41.72%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 48,650 46,480 45,020 37,700 8,480
Operating Cash Flow Growth +4.67% +3.24% +19.42% +344.58% -7.83%
Net Cash Flow 41,320 11,490 12,060 -47,630 19,960
Change in Net Cash Flow +259.62% -4.73% +125.32% -338.63% -49.94%
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