ChoiceOne Financial Services, Inc. (COFS) Stock Analysis & Investment Frameworks
ChoiceOne Financial Services, Inc. (COFS) stock analysis on Invetso. Review ChoiceOne Financial Services, Inc.’s key financial metrics, company overview and 10 institutional-grade investment frameworks including SWOT Analysis, Economic Moat, Porter’s Five Forces and the Invetso Quality Score.
ChoiceOne Financial Services, Inc. Company Overview
- Exchange: NASDAQ Capital Market
- Sector: Financial Services
- Industry: Banks - Regional
- Country: US
ChoiceOne Financial Services, Inc. Key Financial Metrics
- Market Cap: $547.37M
- Revenue: $192.89M
- P/E Ratio: 19.41
- ROE: 11.56%
- ROIC: 3.43%
- Dividend Yield: 3.16%
About ChoiceOne Financial Services, Inc.
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.