Choiceone Financial Services (COFS) Deferred Taxes (2010 - 2026)
Choiceone Financial Services (COFS) posted Deferred Taxes of -$56000.0 for Q2 2026, down 105.32% on a QoQ basis from $1.1 million in Q1 2026, and down 101.79% year-over-year from $3.1 million in Q2 2025.
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Choiceone Financial Services (COFS) Deferred Taxes (2010 - 2026) Analysis & Trends
Choiceone Financial Services has reported Deferred Taxes for 17 years, with the latest figure at -$56000.0 in Q2 2026.
- On a quarterly basis, Deferred Taxes fell 101.79% year-over-year to -$56000.0 in Q2 2026; TTM through Jun 2026 was $1.4 million, a 236.17% increase from a year earlier, with the FY2025 full-year figure at -$113000.0, up 58.3% from the prior year.
- Deferred Taxes was -$56000.0 for Q2 2026 at Choiceone Financial Services, down from $1.1 million in the prior quarter.
- The five-year high for Deferred Taxes was $3.1 million in Q2 2025, with the low at -$3.7 million in Q1 2025.
- Average Deferred Taxes over 5 years is $33764.7, with a median of -$65000.0 recorded in 2024.
- The largest YoY upside for Deferred Taxes was 4578.57% in 2025 against a maximum downside of 1325.58% in 2025.
- Over 5 years, Deferred Taxes stood at -$184000.0 in 2022, then rose by 11.96% to -$162000.0 in 2023, then sank by 169.75% to -$437000.0 in 2024, then plunged by 451.49% to -$2.4 million in 2025, then jumped by 97.68% to -$56000.0 in 2026.
- The last three Deferred Taxes figures came in at -$56000.0 (Q2 2026), $1.1 million (Q1 2026), and -$2.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | - |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 16.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | -120.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | -58.00 Mn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | -157.00 Mn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 71.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 2.00 Mn |
| 10 | Choiceone Financial Services | 507.01 Mn | 408.86 Mn | - | -56,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -56,000.00 |
| Mar 31, 2026 | 1.05 Mn |
| Dec 31, 2025 | -2.41 Mn |
| Sep 30, 2025 | 2.85 Mn |
| Jun 30, 2025 | 3.14 Mn |
| Mar 31, 2025 | -3.69 Mn |
| Dec 31, 2024 | -437,000.00 |
| Sep 30, 2024 | -65,000.00 |
| Jun 30, 2024 | -70,000.00 |
| Mar 31, 2024 | 301,000.00 |
| Dec 31, 2023 | -162,000.00 |
| Sep 30, 2023 | 79,000.00 |
| Jun 30, 2023 | -193,000.00 |
| Mar 31, 2023 | 252,000.00 |
| Dec 31, 2022 | -184,000.00 |
| Jun 30, 2022 | -79,000.00 |
| Mar 31, 2022 | 248,000.00 |
| Dec 31, 2021 | 290,000.00 |
| Sep 30, 2021 | 128,000.00 |
| Mar 31, 2021 | 506,000.00 |