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COFS logoChoiceOne Financial Services, Inc. (COFS) Earnings History

Annual and quarterly earnings data from 1994 to 2025

TTM Net Income
$28M
Profitable
TTM EPS
$1.87
Diluted
YoY EPS Growth
-38.2%
Declining
Net Margin
14.6%
Profitability
Operating Margin17.7%
Gross Margin58.2%
ROE7.8%
ROA0.8%
Highest Annual Net Income$28M (2025)
Highest Quarterly EPS$0.97 (Q3 2025)
Consecutive Profitable Years32 years
Q4 2025
Net Income$14M
EPS$0.92
QoQ Growth-5.5%Slow

Loading earnings history...

COFS EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-38.2%
Declining
3-Year
-13.9%
Declining
5-Year
-0.6%
Slow
10-Year
+2.4%
Solid

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

COFS Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202558.2%17.7%14.6%
202466.0%23.8%19.2%
202370.8%22.4%18.7%
202291.0%31.0%26.5%
202194.8%31.6%26.3%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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ChoiceOne Financial Services, Inc. (COFS) Earnings Overview

As of May 8, 2026, ChoiceOne Financial Services, Inc. (COFS) reported trailing twelve-month net income of $28M, reflecting -38.2% year-over-year growth. The company earned $1.87 per diluted share over the past four quarters, with a net profit margin of 14.6%.

Looking at the long-term picture, COFS's 5-year EPS compound annual growth rate (CAGR) stands at -0.6%, signaling declining earnings. The company achieved its highest annual net income of $28M in fiscal 2025, representing a new all-time high.

ChoiceOne Financial Services, Inc. maintains positive profitability with a gross margin of 58.2%, operating margin of 17.7%, and net margin of 14.6%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including MBWM ($89M net income, 23.9% margin), IBCP ($69M net income, 21.7% margin), CZWI ($14M net income, 16.0% margin), COFS has room to improve margins relative to the peer group. Compare COFS vs MBWM →

COFS Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
COFS logoCOFSCurrent
$28M$1.8714.6%7.8%-38.2%—
MBWM logoMBWM
$89M$5.4623.9%13.6%+10.8%
IBCP logoIBCP
$69M$3.2921.7%14.3%+3.5%
CZWI logoCZWI
$14M$1.4916.0%7.9%+9.0%
BWFG logoBWFG
$35M$4.4816.9%12.3%+261.8%
LKFN logoLKFN
$103M$4.0124.5%14.3%+10.5%
Best in group
Lowest in group

COFS Historical Earnings Data (1994–2025)

32 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$28M+5.4%$34M$2.0114.6%17.7%
2024$27M+25.7%$33M$3.2519.2%23.8%
2023$21M-10.1%$26M$2.8218.7%22.4%
2022$24M+7.2%$28M$3.1526.5%31.0%
2021$22M+41.2%$26M$2.8626.3%31.6%
2020$16M+117.7%$19M$2.0719.9%24.1%
2019$7M-2.2%$8M$1.5817.2%20.3%
2018$7M+18.9%$8M$2.0223.3%27.0%
2017$6M+1.3%$9M$1.7021.3%29.6%
2016$6M+6.0%$8M$1.6821.6%29.3%

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COFS — Frequently Asked Questions

Quick answers to the most common questions about buying COFS stock.

Is COFS growing earnings?

COFS EPS fell to $1.87, with earnings declining -38.2%. This contrasts with the 5-year CAGR of -0.6%. TTM net income dropped to $28M.

What are COFS's profit margins?

ChoiceOne Financial Services, Inc. net margin is +14.6%, with operating margin at +17.7%. Margins sit within typical range for the sector.

How consistent are COFS's earnings?

COFS earnings data spans 1994-2025. The declining earnings trend is -38.2% YoY. Historical data enables comparison across business cycles.

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COFS Earnings Over Time (2014–2025)

Net income and EPS trends