COFS Choiceone Financial Services, Inc.
Price (delayed)
$28.38
Market cap
$254.53M
P/E Ratio
8.68
Dividend/share
$1.1
EPS
$3.27
Enterprise value
$368.54M
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
Highlights
Choiceone Financial Services's equity has increased by 33% YoY and by 5% QoQ
Choiceone Financial Services's net income has increased by 26% YoY and by 8% QoQ
Key stats
What are the main financial stats of COFS
Market
Valuations
Earnings
Shares outstanding
8.97M
Market cap
$254.53M
Enterprise value
$368.54M
Price to earnings (P/E)
8.68
Price to book (P/B)
0.98
Price to sales (P/S)
2.77
EV/EBIT
11.14
EV/EBITDA
8.11
EV/Sales
4.01
Revenue
$91.81M
Gross profit
$91.81M
Operating income
$34.41M
Net income
$26.73M
EBIT
$33.09M
EBITDA
$45.42M
Free cash flow
$46.94M
Per share
Balance sheet
Liquidity
EPS
$3.27
EPS diluted
$3.25
Free cash flow per share
$5.24
Book value per share
$29.07
Revenue per share
$10.25
TBVPS
$297.2
Total assets
$2.72B
Total liabilities
$2.46B
Debt
$210.75M
Equity
$260.42M
Working capital
N/A
Debt to equity
0.81
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
2.51
Margins
Efficiency
Dividend
EBITDA margin
49.5%
Gross margin
100%
Net margin
29.1%
Operating margin
37.5%
Return on assets
1%
Return on equity
11.5%
Return on invested capital
1.2%
Return on capital employed
N/A
Return on sales
36%
Dividend yield
3.88%
DPS
$1.1
Payout ratio
33.6%
COFS stock price
How has the Choiceone Financial Services stock price performed over time
Intraday
-1.36%
1 week
-3.4%
1 month
-10.73%
1 year
5.9%
YTD
-20.37%
QTD
-1.36%
Financial performance
How have Choiceone Financial Services's revenue and profit performed over time
Revenue
$91.81M
Gross profit
$91.81M
Operating income
$34.41M
Net income
$26.73M
Gross margin
100%
Net margin
29.1%
COFS's operating income is up by 28% year-on-year and by 7% since the previous quarter
Choiceone Financial Services's net income has increased by 26% YoY and by 8% QoQ
Choiceone Financial Services's revenue has increased by 14% YoY and by 4.5% from the previous quarter
Choiceone Financial Services's gross profit has increased by 14% YoY and by 4.5% QoQ
Growth
What is Choiceone Financial Services's growth rate over time
Valuation
What is Choiceone Financial Services stock price valuation
P/E
8.68
P/B
0.98
P/S
2.77
EV/EBIT
11.14
EV/EBITDA
8.11
EV/Sales
4.01
The EPS has increased by 16% YoY and by 2.8% from the previous quarter
COFS's P/E is 13% below its last 4 quarters average of 10.0 and 12% below its 5-year quarterly average of 9.9
Choiceone Financial Services's equity has increased by 33% YoY and by 5% QoQ
COFS's price to book (P/B) is 11% less than its last 4 quarters average of 1.1 and 2% less than its 5-year quarterly average of 1.0
Choiceone Financial Services's revenue has increased by 14% YoY and by 4.5% from the previous quarter
The stock's price to sales (P/S) is 8% less than its last 4 quarters average of 3.0 but 7% more than its 5-year quarterly average of 2.6
Efficiency
How efficient is Choiceone Financial Services business performance
The return on assets has increased by 25% year-on-year and by 11% since the previous quarter
The ROIC has grown by 20% YoY and by 9% from the previous quarter
The ROS has increased by 14% YoY and by 2.9% from the previous quarter
Dividends
What is COFS's dividend history
DPS
$1.1
Dividend yield
3.88%
Payout ratio
33.6%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Choiceone Financial Services financials performed over time
The total assets is 11% greater than the total liabilities
The total assets is up by 6% year-on-year
The total liabilities rose by 3.4% year-on-year
Choiceone Financial Services's debt is 19% lower than its equity
Choiceone Financial Services's debt to equity has decreased by 33% YoY and by 18% from the previous quarter
Choiceone Financial Services's equity has increased by 33% YoY and by 5% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.