Choiceone Financial Services (COFS) Interest Expense - Fed Funds (2010 - 2020)
Choiceone Financial Services (COFS) reported Interest Expense - Fed Funds of $2,000 for Q1 2020, down 85.7% from $14,000 a year earlier and down 88.9% from the prior quarter.
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Analysis
Choiceone Financial Services (COFS) Interest Expense - Fed Funds (2010 - 2020) Analysis & Trends
Over the twelve months ended Mar 31, 2020, Choiceone Financial Services' Interest Expense - Fed Funds came in at $44,000, down 31.3% year-over-year; for FY2019, it was $57,000, up 11.8% from FY2018.
- Interest Expense - Fed Funds has increased for three consecutive years, with a five-year compound annual growth rate of 4.4% (FY2014 to FY2019).
- By year, Interest Expense - Fed Funds came in at $51,000 in FY2018 (+292.3%), $13,000 in FY2017 (+62.5%), $8,000 in FY2016 (-73.3%) and $30,000 in FY2015 (-34.8%).
- The Q1 2020 figure ranks as the lowest quarterly Interest Expense - Fed Funds since Q1 2018.
- Year over year, Interest Expense - Fed Funds gained in five of the last seven quarters, with growth averaging 151.4%.
- The high point for year-over-year Interest Expense - Fed Funds in five years was Q2 2018 (growth of 525.0%); the low point was Q3 2016 (a decline of 92.9%).
- Per Business Quant data, the three quarters before Q1 2020 came in at $18,000 (Q4 2019), $10,000 (Q3 2019) and $14,000 (Q2 2019).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - |
| 10 | Choiceone Financial Services | 483.05 Mn | 85.44 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 2,000.00 |
| Dec 31, 2019 | 18,000.00 |
| Sep 30, 2019 | 10,000.00 |
| Jun 30, 2019 | 14,000.00 |
| Mar 31, 2019 | 14,000.00 |
| Dec 31, 2018 | 17,000.00 |
| Sep 30, 2018 | 8,000.00 |
| Jun 30, 2018 | 25,000.00 |
| Mar 31, 2018 | 1,000.00 |
| Dec 31, 2017 | 3,000.00 |
| Sep 30, 2017 | 3,000.00 |
| Jun 30, 2017 | 4,000.00 |
| Mar 31, 2017 | 3,000.00 |
| Dec 31, 2016 | 1,000.00 |
| Sep 30, 2016 | 2,000.00 |
| Jun 30, 2016 | 3,000.00 |
| Mar 31, 2016 | 2,000.00 |
| Dec 31, 2015 | 2,000.00 |
| Sep 30, 2015 | 28,000.00 |
| Jun 30, 2015 | 10,000.00 |
API Access
Choiceone Financial Services Interest Expense - Fed Funds API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=COFS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-fed-funds", "ticker": "COFS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=COFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();