ChoiceOne Financial Services Inc

NASDAQ COFS

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ChoiceOne Financial Services Inc Retained Earnings 1 year YoY Change (%) for the quarter ending March 31, 2023: 14.36%

ChoiceOne Financial Services Inc Retained Earnings 1 year YoY Change (%) is 14.36% for the quarter ending March 31, 2023, a -56.84% change year over year. Retained Earnings represent the accumulated profits or losses retained by the company since its inception, minus any dividends or distributions. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.

ChoiceOne Financial Services Inc Retained Earnings for the quarter ending March 31, 2023 was USD 64.03 M, a 14.36% change year over year.
ChoiceOne Financial Services Inc Retained Earnings for the quarter ending March 31, 2022 was USD 55.99 M, a 33.27% change year over year.
ChoiceOne Financial Services Inc Retained Earnings for the quarter ending March 31, 2021 was USD 42.01 M, a 40.72% change year over year.
ChoiceOne Financial Services Inc Retained Earnings for the quarter ending March 31, 2020 was USD 29.86 M, a 8.18% change year over year.

NASDAQ: COFS

ChoiceOne Financial Services Inc

CEO	Mr. Kelly J. Potes CFP
IPO Date	Dec. 31, 2001
Location	United States
Headquarters	109 East Division Street, Sparta, MI, United States, 49345
Employees	367
Sector	Financial Services
Industry	Banks - regional

Description

ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides 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 lending products, 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 alternative investment products, which include annuities and mutual funds; and sells insurance policies, such as life and health for commercial and consumer clients. Further, it provides trust and wealth management services. ChoiceOne Financial Services, Inc. was founded in 1898 and is headquartered in Sparta, Michigan.

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