Choiceone Financial Services (COFS) Interest Expense - Debt (2010 - 2026)
Choiceone Financial Services' (COFS) quarterly Interest Expense - Debt came in at $2.2 million in Q1 2026, up 6.34% year-on-year from $2.1 million in Q1 2025, and down 14.9% quarter-over-quarter from $2.6 million in Q4 2025.
Choiceone Financial Services (COFS) Interest Expense - Debt (2010 - 2026) Analysis & Trends
Choiceone Financial Services' Interest Expense - Debt history runs 17 years deep, the most recent figure standing at $2.2 million for Q1 2026.
- On a quarterly basis, Interest Expense - Debt rose 6.34% year-over-year to $2.2 million in Q1 2026; TTM through Mar 2026 was $8.3 million, a 128.12% 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 declined to $2.2 million in Q1 2026 per COFS's latest filing, from $2.6 million in the prior quarter.
- Across five years, Interest Expense - Debt topped out at $2.6 million in Q4 2025 and bottomed at $1000.0 in Q1 2022.
- The 5-year median for Interest Expense - Debt is $605000.0 (2023), against an average of $922705.9.
- Biggest YoY gain for Interest Expense - Debt was 60400.0% in 2023; the steepest drop was 81.59% in 2023.
- Year by year, Interest Expense - Debt stood at $1.5 million in 2022, then tumbled by 81.59% to $273000.0 in 2023, then soared by 145.05% to $669000.0 in 2024, then surged by 283.26% to $2.6 million in 2025, then decreased by 14.9% to $2.2 million in 2026.
- Per Business Quant, the three latest COFS Interest Expense - Debt figures stand at $2.2 million (Q1 2026), $2.6 million (Q4 2025), and $1.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | - |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | - |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | - |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 277,000.00 |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | - |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 748.00 Mn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 645.00 Mn |
| 10 | Choiceone Financial Services | 504.04 Mn | 410.40 Mn | - | 2.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 2,000.00 |