Q3 Earnings Estimate for COFS Issued By DA Davidson

ChoiceOne Financial Services, Inc. (NASDAQ:COFS) – Analysts at DA Davidson issued their Q3 2025 earnings estimates for ChoiceOne Financial Services in a report released on Monday, July 28th. DA Davidson analyst J. Rulis anticipates that the company will post earnings of $0.85 per share for the quarter. The consensus estimate for ChoiceOne Financial Services’ current full-year earnings is $3.67 per share.

Separately, Wall Street Zen raised shares of ChoiceOne Financial Services from a “hold” rating to a “buy” rating in a research report on Saturday.

ChoiceOne Financial Services Price Performance

COFS opened at $30.22 on Tuesday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.43. The company has a market cap of $452.70 million, a price-to-earnings ratio of 23.98 and a beta of 0.55. The stock has a fifty day simple moving average of $29.32 and a two-hundred day simple moving average of $29.88. ChoiceOne Financial Services has a 12-month low of $24.89 and a 12-month high of $38.15.

ChoiceOne Financial Services (NASDAQ:COFS) last released its earnings results on Friday, July 25th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. ChoiceOne Financial Services had a return on equity of 12.35% and a net margin of 7.95%. The company had revenue of $42.83 million during the quarter, compared to analysts’ expectations of $38.95 million.

Institutional Investors Weigh In On ChoiceOne Financial Services

Several institutional investors and hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in ChoiceOne Financial Services by 35,137.5% during the 1st quarter. GAMMA Investing LLC now owns 2,819 shares of the company’s stock valued at $81,000 after purchasing an additional 2,811 shares during the last quarter. Mattson Financial Services LLC boosted its position in shares of ChoiceOne Financial Services by 58.0% during the fourth quarter. Mattson Financial Services LLC now owns 2,575 shares of the company’s stock valued at $92,000 after buying an additional 945 shares during the last quarter. Wells Fargo & Company MN increased its holdings in ChoiceOne Financial Services by 27.8% in the 4th quarter. Wells Fargo & Company MN now owns 4,891 shares of the company’s stock worth $174,000 after buying an additional 1,065 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in ChoiceOne Financial Services in the 1st quarter worth about $195,000. Finally, CWM LLC raised its position in ChoiceOne Financial Services by 58.9% in the 1st quarter. CWM LLC now owns 7,757 shares of the company’s stock worth $223,000 after buying an additional 2,876 shares during the last quarter. Institutional investors own 19.90% of the company’s stock.

ChoiceOne Financial Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date of this dividend was Friday, June 13th. ChoiceOne Financial Services’s payout ratio is 91.06%.

ChoiceOne Financial Services Company Profile

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.