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| Date | Value |
|---|---|
| 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 |