Choiceone Financial Services (COFS) Interest Expense - Deposits (2010 - 2026)

Choiceone Financial Services (COFS) recorded quarterly Interest Expense - Deposits of $13.7 million in Q1 2026, down 2.7% quarter-over-quarter from $14.1 million in Q4 2025, and up 28.27% on a YoY basis from $10.7 million in Q1 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 was $13.7 million for Q1 2026 at Choiceone Financial Services, down from $14.1 million in the prior quarter.
  • In the past five years, Interest Expense - Deposits ranged from a high of $14.8 million in Q2 2025 to a low of $783000.0 in Q1 2022.
  • Historically, Interest Expense - Deposits has averaged $7.7 million across 5 years, with a median of $8.4 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Interest Expense - Deposits fell 11.02% in 2022, then surged 407.63% in 2023.
  • A 5-year view of Interest Expense - Deposits shows it stood at $2.5 million in 2022, then soared by 236.44% to $8.4 million in 2023, then gained by 3.43% to $8.7 million in 2024, then surged by 62.19% to $14.1 million in 2025, then slipped by 2.7% to $13.7 million in 2026.
  • The last three Interest Expense - Deposits figures came in at $13.7 million (Q1 2026), $14.1 million (Q4 2025), and $14.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Deposits (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - 3.51 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 4.61 Mn
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - -
9 Mizuho Financial 112.02 Bn 112.56 Bn - 2.05 Bn
10 Choiceone Financial Services 487.48 Mn 393.83 Mn - 13.75 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 839,000.00