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Companies/ChoiceOne Financial Services, Inc.
Company profile

ChoiceOne Financial Services, Inc.

NASDAQ: COFS · Financial Services · Banks - Regional
PublicHQ Sparta, MI · KentCIK 0000803164Reports USD
#573 of 1,011 Financial Services companies by revenuetop-quartile growth
EA Score
44D
FH 50DQ 30GM 39SS 73
v0.1 · 65/100 weight · provisional
↑ revenue growth (YoY), Piotroski F · ↓ 3-yr revenue growth, disclosure history
Methodology →
Revenue TTM
$241.8M
Rev growth YoY (TTM)
+59.6%
Net income (FY)
$28.2M
Employees
605
Market cap
$508.0M
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$19.0M$19.0M2025
Net income$28.2M$28.2M2025
Total assets$4.4B$4.4B2025
Liabilities$3.9B$3.9B2025
Equity$465.4M$465.4M2025

Revenue trend

FY2024 – FY2025 · USD
$89.1M
FY24
$113.9M
FY24
$12.8M
FY25
$19.0M
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Interchange Income70%
Trust Fee Income23%
Other Charges and Fees for Customer Services7%
By geography

Not disclosed.

The read

ChoiceOne Financial Services, Inc. booked $19.0M in FY2025 revenue, growing 49% year over year — faster than most Financial Services companies we track, at a 148.3% net margin.

Peers · Financial Services
Dacotah Banks, Inc.58CEagle Point Credit Company Inc.——New America Acquisition I Corp.——Orange County Bancorp, Inc.——
Neighbors
Kent →
UFP Industries, Inc.$6.3B78B+Wolverine World Wide, Inc.$1.9B64CMercantile Bank Corporation——Independent Bank Corporation$32.1M61CNorthpointe Bancshares, Inc.——Grand River Commerce, Inc.——
Key facts
CEOKelly J. Potes
SectorFinancial Services
IndustryBanks - Regional
HeadquartersSparta, MI
ExchangeNASDAQ: COFS
Employees605
IPO date2001-06-21
Latest filings
8-K2026-05-228-K2026-05-2010-Q2026-05-118-K2026-05-058-K2026-04-24DEF 14A2026-04-1310-K2026-03-138-K2026-02-04
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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