Choiceone Financial Services (COFS) Net Income (2010 - 2026)
Choiceone Financial Services (COFS) posted Net Income of $12.5 million for Q2 2026, down 9.06% on a QoQ basis from $13.7 million in Q1 2026, and down 7.91% year-over-year from $13.5 million in Q2 2025.
Analysis
Choiceone Financial Services (COFS) Net Income (2010 - 2026) Analysis & Trends
Choiceone Financial Services has reported Net Income for 17 years, with the latest figure at $12.5 million in Q2 2026.
- On a quarterly basis, Net Income fell 7.91% year-over-year to $12.5 million in Q2 2026; TTM through Jun 2026 was $53.5 million, a 295.25% increase from a year earlier, with the FY2025 full-year figure at $27.0 million, up 3.32% from the prior year.
- Net Income was $12.5 million for Q2 2026 at Choiceone Financial Services, down from $13.7 million in the prior quarter.
- The five-year high for Net Income was $14.7 million in Q3 2025, with the low at -$13.9 million in Q1 2025.
- Average Net Income over 5 years is $6.7 million, with a median of $5.7 million recorded in 2022.
- The sharpest annual moves came in 2025 and 2026: Net Income sank 346.82% in 2025, then jumped 198.55% in 2026.
- Over 5 years, Net Income stood at $4.9 million in 2022, then declined by 13.57% to $4.2 million in 2023, then soared by 55.37% to $6.6 million in 2024, then surged by 93.24% to $12.7 million in 2025, then declined by 1.87% to $12.5 million in 2026.
- The last three Net Income figures came in at $12.5 million (Q2 2026), $13.7 million (Q1 2026), and $12.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | 1,501.25 Bn |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 1.55 Bn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 801.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 818.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 731.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 587.00 Mn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 570.00 Mn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 672.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 509.00 Mn |
| 10 | Choiceone Financial Services | 507.01 Mn | 408.86 Mn | - | 12.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.46 Mn |
| Mar 31, 2026 | 13.70 Mn |
| Dec 31, 2025 | 12.70 Mn |
| Sep 30, 2025 | 14.68 Mn |
| Jun 30, 2025 | 13.53 Mn |
| Mar 31, 2025 | -13.91 Mn |
| Dec 31, 2024 | 6.57 Mn |
| Sep 30, 2024 | 7.35 Mn |
| Jun 30, 2024 | 6.59 Mn |
| Mar 31, 2024 | 5.63 Mn |
| Dec 31, 2023 | 4.23 Mn |
| Sep 30, 2023 | 5.12 Mn |
| Jun 30, 2023 | 5.21 Mn |
| Mar 31, 2023 | 5.63 Mn |
| Dec 31, 2022 | 4.89 Mn |
| Sep 30, 2022 | 5.81 Mn |
| Jun 30, 2022 | 5.62 Mn |
| Mar 31, 2022 | 5.53 Mn |
| Dec 31, 2021 | 3.90 Mn |
| Sep 30, 2021 | 5.75 Mn |