ChoiceOne Financial Services(COFS)

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Should Value Investors Buy ChoiceOne Financial Services (COFS) Stock?
ZACKS· 2024-06-19 14:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. ChoiceOne Financial Services (COFS) is a stock many investors are watching right now. COFS is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 8.56 right now. For comparison, its in ...
ChoiceOne Bank Awards 13 Scholarships to Local High School Seniors
Prnewswire· 2024-06-07 18:00
SPARTA, Mich., June 7, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc., and ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") are pleased to announce 13 scholarships have been awarded in the Annual ChoiceOne Scholarship Program, offered to provide needs-based scholarships for graduating seniors in the communities the Bank serves in West and Southeast Michigan. "As the local community bank, we have been offering this program for many years now," said ChoiceOne Bank President Michael J. Burke, Jr. "ChoiceOn ...
Are Investors Undervaluing ChoiceOne Financial Services (COFS) Right Now?
ZACKS· 2024-06-03 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional va ...
Is ChoiceOne Financial Services (COFS) Stock Undervalued Right Now?
zacks.com· 2024-05-17 14:40
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Valu ...
ChoiceOne Financial Services(COFS) - 2024 Q1 - Quarterly Report
2024-05-07 20:02
Revenue includes charges and fees to provide account maintenance, overdraft services, wire transfers, funds transfer, and other deposit-related services. Account maintenance fees such as monthly service charges are recognized over the period of time that the service is provided. Transaction fees such as wire transfer charges are recognized when the service is provided to the customer. Revenue includes fees from the investment management advisory services and revenue is recognized when services are rendered. ...
Is ChoiceOne Financial Services (COFS) a Great Value Stock Right Now?
Zacks Investment Research· 2024-05-01 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...
ChoiceOne Financial Services(COFS) - 2024 Q1 - Quarterly Results
2024-04-24 20:04
Financial Highlights Sparta, Michigan – April 24, 2024 – ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended March 31, 2024. EXHIBIT 99.1 News Release ChoiceOne Reports First Quarter 2024 Results • ChoiceOne reported net income of $5,634,000 for the three months ended March 31, 2024, compared to $5,633,000 for the same period in 2023. • Diluted earnings per share were $0.74 in the three months ended March 31, ...
ChoiceOne Financial Services(COFS) - 2023 Q4 - Annual Report
2024-03-12 16:00
For the transition period from__________________ to __________________ 38-2659066 (I.R.S. Employer Identification No.) 109 East Division Street, Sparta, Michigan (Address of Principal Executive Offices) 49345 (Zip Code) (616) 887-7366 (Registrant's Telephone Number, Including Area Code) Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act: None. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 o ...
ChoiceOne Bank Now Accepting Annual Scholarship Applications
Prnewswire· 2024-01-29 23:22
SPARTA, Mich., Jan. 29, 2024 /PRNewswire/ -- ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") is pleased to announce they are now accepting applications for the Annual ChoiceOne Scholarship Program. The scholarships are awarded to graduating high school seniors who are in pursuit of a higher education. ChoiceOne will award $1,000 scholarships to 12 students from the local communities the Bank serves in West and Southeastern Michigan. "As the local community bank, we are committed to helping our communities thri ...
ChoiceOne Financial Services(COFS) - 2023 Q3 - Quarterly Report
2023-11-12 16:00
September 30, 2023 Less than 12 months More than 12 months Total | --- | --- | --- | --- | --- | --- | --- | |---------------------------|-------|-------|--------|-------|-----------|-------| | Corporate | - | - | 15,251 | 3,117 | 15,2 \n51 | 3,117 | | Asset-backed securities | - | - | 603 | 39 | 603 | 39 | At September 30, 2023 and December 31, 2022, there were 591 and 611 securities with an unrealized loss, respectively. Unrealized losses have not been recognized into income because the issuers' bonds are ...