Choiceone Financial Services (COFS) Interest Expense - Deposits (2010 - 2026)
Choiceone Financial Services (COFS) posted quarterly Interest Expense - Deposits of $13.7 million for Q1 2026, up 28.27% year-over-year from $10.7 million in Q1 2025, and down 2.7% quarter-over-quarter from $14.1 million in Q4 2025.
Choiceone Financial Services (COFS) Interest Expense - Deposits (2010 - 2026) Analysis & Trends
Choiceone Financial Services' Interest Expense - Deposits history runs 17 years deep, the most recent figure standing at $13.7 million for Q1 2026.
- In Q1 2026, Interest Expense - Deposits rose 28.27% year-over-year to $13.7 million; the TTM figure through Mar 2026 stood at $57.0 million (up 57.84% YoY), while the FY2025 annual figure was $54.0 million, up 57.93% from the prior year.
- Interest Expense - Deposits for Q1 2026 stood at $13.7 million, down from $14.1 million in the prior quarter.
- The five-year high for Interest Expense - Deposits was $14.8 million in Q2 2025, with the low at $783000.0 in Q1 2022.
- The 5-year median for Interest Expense - Deposits is $8.4 million (2024), against an average of $7.7 million.
- The sharpest annual moves came in 2022 and 2023: Interest Expense - Deposits declined 11.02% in 2022, then jumped 407.63% in 2023.
- Choiceone Financial Services' Interest Expense - Deposits stood at $2.5 million in 2022, then surged by 236.44% to $8.4 million in 2023, then rose by 3.43% to $8.7 million in 2024, then jumped by 62.19% to $14.1 million in 2025, then decreased by 2.7% to $13.7 million in 2026.
- Business Quant data shows COFS's Interest Expense - Deposits at $13.7 million in Q1 2026, $14.1 million in Q4 2025, and $14.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 1.68 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 2.33 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 1.58 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 891.00 Mn |
| 10 | Choiceone Financial Services | 494.21 Mn | 396.07 Mn | - | 14.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.34 Mn |
| Mar 31, 2026 | 13.75 Mn |
| Dec 31, 2025 | 14.13 Mn |
| Sep 30, 2025 | 14.29 Mn |
| Jun 30, 2025 | 14.84 Mn |
| Mar 31, 2025 | 10.72 Mn |
| Dec 31, 2024 | 8.71 Mn |
| Sep 30, 2024 | 8.36 Mn |
| Jun 30, 2024 | 8.33 Mn |
| Mar 31, 2024 | 8.78 Mn |
| Dec 31, 2023 | 8.42 Mn |
| Sep 30, 2023 | 7.24 Mn |
| Jun 30, 2023 | 5.06 Mn |
| Mar 31, 2023 | 3.28 Mn |
| Dec 31, 2022 | 2.50 Mn |
| Sep 30, 2022 | 1.56 Mn |
| Jun 30, 2022 | 996,000.00 |
| Mar 31, 2022 | 783,000.00 |
| Dec 31, 2021 | 749,000.00 |
| Sep 30, 2021 | 837,000.00 |