Choiceone Financial Services (COFS) Interest Expense - Debt (2010 - 2026)
Choiceone Financial Services (COFS) posted Interest Expense - Debt of $2.1 million for Q2 2026, down 3.67% on a QoQ basis from $2.2 million in Q1 2026, and up 26.7% year-over-year from $1.7 million in Q2 2025.
Analysis
Choiceone Financial Services (COFS) Interest Expense - Debt (2010 - 2026) Analysis & Trends
Choiceone Financial Services has reported Interest Expense - Debt for 17 years, with the latest figure at $2.1 million in Q2 2026.
- On a quarterly basis, Interest Expense - Debt rose 26.7% year-over-year to $2.1 million in Q2 2026; TTM through Jun 2026 was $8.8 million, a 80.98% increase from a year earlier, with the FY2025 full-year figure at $8.2 million, up 301.81% from the prior year.
- Interest Expense - Debt was $2.1 million for Q2 2026 at Choiceone Financial Services, down from $2.2 million in the prior quarter.
- The five-year high for Interest Expense - Debt was $2.6 million in Q4 2025, with the low at $1000.0 in Q1 2022.
- Average Interest Expense - Debt over 5 years is $988222.2, with a median of $613000.0 recorded in 2023.
- The largest YoY upside for Interest Expense - Debt was 60400.0% in 2023 against a maximum downside of 81.59% in 2023.
- Over 5 years, Interest Expense - Debt stood at $1.5 million in 2022, then plunged by 81.59% to $273000.0 in 2023, then jumped by 145.05% to $669000.0 in 2024, then soared by 283.26% to $2.6 million in 2025, then slipped by 18.02% to $2.1 million in 2026.
- The last three Interest Expense - Debt figures came in at $2.1 million (Q2 2026), $2.2 million (Q1 2026), and $2.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 485.00 Mn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 228.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 170.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 18.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 156.00 Mn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 52.00 Mn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 314.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 155.00 Mn |
| 10 | Choiceone Financial Services | 507.01 Mn | 408.86 Mn | - | 2.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.10 Mn |
| Mar 31, 2026 | 2.18 Mn |
| Dec 31, 2025 | 2.56 Mn |
| Sep 30, 2025 | 1.93 Mn |
| Jun 30, 2025 | 1.66 Mn |
| Mar 31, 2025 | 2.05 Mn |
| Dec 31, 2024 | 669,000.00 |
| Sep 30, 2024 | 468,000.00 |
| Jun 30, 2024 | 463,000.00 |
| Mar 31, 2024 | 441,000.00 |
| Dec 31, 2023 | 273,000.00 |
| Sep 30, 2023 | 272,000.00 |
| Jun 30, 2023 | 621,000.00 |
| Mar 31, 2023 | 605,000.00 |
| Dec 31, 2022 | 1.48 Mn |
| Sep 30, 2022 | 5,000.00 |
| Jun 30, 2022 | 2,000.00 |
| Mar 31, 2022 | 1,000.00 |
| Dec 31, 2021 | 624,000.00 |
| Sep 30, 2021 | 18,000.00 |