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

Choiceone Financial Services' (COFS) quarterly Interest Expense - Deposits came in at $13.7 million in Q1 2026, up 28.27% year-on-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.

  • On a quarterly basis, Interest Expense - Deposits rose 28.27% year-over-year to $13.7 million in Q1 2026; TTM through Mar 2026 was $57.0 million, a 57.84% increase from a year earlier, with the FY2025 full-year figure at $54.0 million, up 57.93% from the prior year.
  • Interest Expense - Deposits retreated to $13.7 million in Q1 2026 per COFS's latest filing, from $14.1 million in the prior quarter.
  • Across five years, Interest Expense - Deposits topped out at $14.8 million in Q2 2025 and bottomed 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.
  • Across the five-year window, Interest Expense - Deposits decreased 11.02% in 2022 and jumped 407.63% in 2023, its largest moves.
  • Year by year, Interest Expense - Deposits 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.
  • Per Business Quant, the three latest COFS Interest Expense - Deposits figures stand at $13.7 million (Q1 2026), $14.1 million (Q4 2025), and $14.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Deposits (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - 5.24 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 3.51 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 4.61 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 1.74 Bn
10 Choiceone Financial Services 503.71 Mn 410.07 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