ChoiceOne Financial Services, Inc.

NasdaqCM COFS

ChoiceOne Financial Services, Inc. Operating Income Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 26.85%

ChoiceOne Financial Services, Inc. Operating Income Margin is 26.85% for the Trailing 12 Months (TTM) ending September 30, 2024, a -36.76% change year over year. Operating Income Ratio is the proportion of a company's operating income to its net sales, measuring the efficiency of its core business operations in generating profits.

ChoiceOne Financial Services, Inc. Operating Income Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 42.46%, a 7.85% change year over year.
ChoiceOne Financial Services, Inc. Operating Income Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 39.37%, a 24.01% change year over year.
ChoiceOne Financial Services, Inc. Operating Income Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 31.75%, a 23.74% change year over year.
ChoiceOne Financial Services, Inc. Operating Income Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 25.66%, a 11.61% change year over year.

Key data

Date	Operating Income Margin	EBT Margin	Net Income Margin	EBITDA Margin

NasdaqCM: COFS

ChoiceOne Financial Services, Inc.

CEO	Mr. Kelly J. Potes CFP
IPO Date	June 21, 2001
Location	United States
Headquarters	109 East Division Street
Employees	371
Sector	Finance
Industries Banking & Lending Investment Banking & Asset Management

Description

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.

Key trends

Past 5 years