Choiceone Financial Services (COFS) Interest Expenses (2010 - 2026)
Choiceone Financial Services (COFS) recorded quarterly Interest Expenses of $16.6 million in Q1 2026, down 5.15% quarter-over-quarter from $17.5 million in Q4 2025, and up 21.87% on a YoY basis from $13.6 million in Q1 2025.
Choiceone Financial Services (COFS) Interest Expenses (2010 - 2026) Analysis & Trends
Choiceone Financial Services' Interest Expenses history runs 17 years deep, the most recent figure standing at $16.6 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 21.87% year-over-year to $16.6 million; the TTM figure through Mar 2026 stood at $68.9 million (up 42.44% YoY), while the FY2025 annual figure was $65.9 million, up 41.2% from the prior year.
- Interest Expenses was $16.6 million for Q1 2026 at Choiceone Financial Services, down from $17.5 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $17.6 million in Q2 2025 to a low of $1.2 million in Q1 2022.
- Historically, Interest Expenses has averaged $10.0 million across 5 years, with a median of $11.4 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Interest Expenses surged 424.69% in 2023, then gained 2.48% in 2024.
- A 5-year view of Interest Expenses shows it stood at $3.3 million in 2022, then jumped by 248.91% to $11.4 million in 2023, then gained by 2.48% to $11.7 million in 2024, then surged by 50.02% to $17.5 million in 2025, then fell by 5.15% to $16.6 million in 2026.
- The last three Interest Expenses figures came in at $16.6 million (Q1 2026), $17.5 million (Q4 2025), and $17.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 93,299.63 Bn | 93,299.63 Bn | - | -227,416.00 |
| 2 | Bank Bradesco | 6,542.84 Bn | 6,526.90 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 216.85 Bn | 216.70 Bn | - | 3.51 Mn |
| 5 | Itau Unibanco Holding | 191.09 Bn | 191.09 Bn | - | - |
| 6 | Landmark Bancorp | 176.20 Bn | 176.17 Bn | - | 5.23 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 133.56 Bn | 101.13 Bn | - | 38.44 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Choiceone Financial Services | 485.23 Mn | 391.58 Mn | - | 16.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.63 Mn |
| Mar 31, 2026 | 16.63 Mn |
| Dec 31, 2025 | 17.54 Mn |
| Dec 31, 2025 | 17.54 Mn |
| Sep 30, 2025 | 17.10 Mn |
| Sep 30, 2025 | 17.10 Mn |
| Jun 30, 2025 | 17.60 Mn |
| Jun 30, 2025 | 17.60 Mn |
| Mar 31, 2025 | 13.65 Mn |
| Mar 31, 2025 | 13.65 Mn |
| Dec 31, 2024 | 11.69 Mn |
| Dec 31, 2024 | 11.69 Mn |
| Sep 30, 2024 | 11.44 Mn |
| Sep 30, 2024 | 11.44 Mn |
| Jun 30, 2024 | 11.57 Mn |
| Jun 30, 2024 | 11.57 Mn |
| Mar 31, 2024 | 11.96 Mn |
| Mar 31, 2024 | 11.96 Mn |
| Dec 31, 2023 | 11.41 Mn |
| Dec 31, 2023 | 11.41 Mn |