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NASDAQ: COFS
Choiceone Financial Services Inc Stock

$26.48+1.34 (+5.33%)
Updated Mar 27, 2024
COFS Price
$26.48
Fair Value Price
N/A
Market Cap
$200.00M
52 Week Low
$15.84
52 Week High
$32.14
P/E
9.39x
P/B
1.02x
P/S
2.74x
PEG
1.9x
Dividend Yield
4%
Revenue
$80.64M
Earnings
$21.26M
Gross Margin
100%
Operating Margin
31.7%
Profit Margin
26.4%
Debt to Equity
12.17
Operating Cash Flow
$46M
Beta
0.28
Next Earnings
Apr 24, 2024
Ex-Dividend
Mar 14, 2024
Next Dividend
Mar 29, 2024

COFS Overview

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 products, including time, savings, and demand deposits, safe deposit, and automated transaction machine services. It also provides commercial loans, such as business, industry, agricultural, construction, inventory, and real estate loans; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers safe deposit and automated transaction machine services; and alternative investment products, including annuities and mutual funds, as well as sells insurance policies, such as life and health for commercial and consumer clients. It operates 32 full-service offices in Kent, Muskegon, Newaygo, and Ottawa, Lapeer, Macomb, and St. Clair counties, Michigan. The company also operates three loan production offices. ChoiceOne Financial Services, Inc. was founded in 1898 and is headquartered in Sparta, Michigan.

Zen Score

Industry Average (34)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how COFS scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

COFS ($26.48) is trading above its intrinsic value of $20.37, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
COFS is good value based on its earnings relative to its share price (9.39x), compared to the US market average (44.45x)
P/E vs Market Valuation
COFS is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more COFS due diligence checks available for Premium users.

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COFS News

Valuation

COFS fair value

Fair Value of COFS stock based on Discounted Cash Flow (DCF)
Price
$26.48
Fair Value
$36.18
Undervalued by
26.81%
COFS ($26.48) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

COFS price to earnings (PE)

For valuing profitable companies with steady earnings
Company
9.39x
Industry
-10.57x
Market
44.45x
COFS is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
COFS is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

COFS price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.02x
Industry
1.02x
COFS is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

COFS price to earnings growth (PEG)

For valuing profitable companies with growth potential
COFS is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

COFS's financial health

Profit margin

Revenue
$20.2M
Net Income
$5.3M
Profit Margin
26.2%
COFS's Earnings (EBIT) of $25.57M... subscribe to Premium to read more.
Interest Coverage Financials
COFS's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.6B
Liabilities
$2.4B
Debt to equity
12.17
COFS's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
COFS's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$10.8M
Investing
-$85.3M
Financing
$6.9M
COFS's operating cash flow ($46.48M)... subscribe to Premium to read more.
Debt Coverage Financials

COFS vs Bank Stocks

TickerMarket Cap1d %P/EP/B
COFS$200.00M+5.33%9.39x1.02x
CHMG$199.86M+1.72%7.97x1.02x
NKSH$198.03M+1.82%12.63x1.41x
BPRN$197.21M+2.64%7.59x0.82x
BWFG$203.04M+1.07%5.43x0.76x

Choiceone Financial Services Stock FAQ

What is Choiceone Financial Services's quote symbol?

(NASDAQ: COFS) Choiceone Financial Services trades on the NASDAQ under the ticker symbol COFS. Choiceone Financial Services stock quotes can also be displayed as NASDAQ: COFS.

If you're new to stock investing, here's how to buy Choiceone Financial Services stock.

What is the 52 week high and low for Choiceone Financial Services (NASDAQ: COFS)?

(NASDAQ: COFS) Choiceone Financial Services's 52-week high was $32.14, and its 52-week low was $15.84. It is currently -17.61% from its 52-week high and 67.15% from its 52-week low.

How much is Choiceone Financial Services stock worth today?

(NASDAQ: COFS) Choiceone Financial Services currently has 7,552,919 outstanding shares. With Choiceone Financial Services stock trading at $26.48 per share, the total value of Choiceone Financial Services stock (market capitalization) is $200.00M.

Choiceone Financial Services stock was originally listed at a price of $11.45 in Jun 21, 2001. If you had invested in Choiceone Financial Services stock at $11.45, your return over the last 22 years would have been 131.35%, for an annualized return of 3.89% (not including any dividends or dividend reinvestments).

How much is Choiceone Financial Services's stock price per share?

(NASDAQ: COFS) Choiceone Financial Services stock price per share is $26.48 today (as of Mar 27, 2024).

What is Choiceone Financial Services's Market Cap?

(NASDAQ: COFS) Choiceone Financial Services's market cap is $200.00M, as of Mar 28, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Choiceone Financial Services's market cap is calculated by multiplying COFS's current stock price of $26.48 by COFS's total outstanding shares of 7,552,919.
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