ChoiceOne Financial Services (COFS) Projected to Post Earnings on Friday

ChoiceOne Financial Services (NASDAQ:COFS) is projected to announce its Q2 2026 results before the market opens on Friday, July 24th. Analysts expect the company to post earnings of $0.88 per share and revenue of $43.45 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 12:30 PM ET.

ChoiceOne Financial Services (NASDAQ:COFS) last released its quarterly earnings results on Friday, April 24th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.06. ChoiceOne Financial Services had a return on equity of 12.31% and a net margin of 23.07%.The company had revenue of $42.46 million during the quarter, compared to the consensus estimate of $42.70 million. On average, analysts expect ChoiceOne Financial Services to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

ChoiceOne Financial Services Stock Down 3.2%

Shares of COFS stock opened at $33.48 on Thursday. The stock’s 50 day simple moving average is $32.43 and its 200 day simple moving average is $30.29. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.83 and a current ratio of 0.83. ChoiceOne Financial Services has a twelve month low of $26.09 and a twelve month high of $35.40. The company has a market capitalization of $501.53 million, a price-to-earnings ratio of 9.05 and a beta of 0.59.

ChoiceOne Financial Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.16 dividend on an annualized basis and a yield of 3.5%. ChoiceOne Financial Services’s dividend payout ratio is presently 31.35%.

Hedge Funds Weigh In On ChoiceOne Financial Services

A number of institutional investors have recently made changes to their positions in COFS. Legal & General Group Plc boosted its stake in ChoiceOne Financial Services by 74.6% during the 2nd quarter. Legal & General Group Plc now owns 1,297 shares of the company’s stock valued at $37,000 after purchasing an additional 554 shares during the period. Aquatic Capital Management LLC bought a new position in ChoiceOne Financial Services in the 3rd quarter worth approximately $46,000. Tower Research Capital LLC TRC increased its position in ChoiceOne Financial Services by 617.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,260 shares of the company’s stock worth $65,000 after buying an additional 1,945 shares during the period. Quantbot Technologies LP acquired a new position in shares of ChoiceOne Financial Services during the second quarter worth approximately $191,000. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of ChoiceOne Financial Services during the first quarter worth approximately $195,000. 19.90% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

COFS has been the topic of several analyst reports. DA Davidson increased their price target on ChoiceOne Financial Services from $32.00 to $34.00 and gave the company a “buy” rating in a report on Monday, April 27th. Weiss Ratings upgraded shares of ChoiceOne Financial Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, June 29th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.00.

ChoiceOne Financial Services Company Profile

ChoiceOne Financial Services, Inc is a bank holding company headquartered in Jackson, Michigan. Through its subsidiary, ChoiceOne Bank, it provides a full suite of banking and financial services to individuals, families, and businesses. The company’s primary operations are concentrated in community banking, spanning retail deposits, commercial and consumer lending, mortgage origination, and treasury management solutions.

ChoiceOne Bank offers checking and savings accounts, certificates of deposit, and online and mobile banking platforms designed to meet the needs of its customers.