Choiceone Financial Services COFS
NASDAQ COFS
$33.93 +0.35 (+1.04%)
As of: Sep 10, 2026 · 3:59 PM EDT

Choiceone Financial Services (COFS) Non Operating Interest Expenses (2010 - 2024)

Choiceone Financial Services (COFS) posted Non Operating Interest Expenses of $11.6 million for Q2 2024, down 3.22% on a QoQ basis from $12.0 million in Q1 2024, and up 60.18% year-over-year from $7.2 million in Q3 2023.

Analysis

Choiceone Financial Services (COFS) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends

Choiceone Financial Services has reported Non Operating Interest Expenses for 15 years, with the latest figure at $11.6 million in Q2 2024.

  • On a quarterly basis, Non Operating Interest Expenses rose 60.18% year-over-year to $11.6 million in Q2 2024; TTM through Jun 2024 was $45.0 million, a 167.52% increase from a year earlier, with the FY2023 full-year figure at $33.1 million, up 327.25% from the prior year.
  • Non Operating Interest Expenses was $11.6 million for Q2 2024 at Choiceone Financial Services, down from $12.0 million in the prior quarter.
  • The five-year high for Non Operating Interest Expenses was $12.0 million in Q1 2024, with the low at $911000.0 in Q2 2021.
  • Average Non Operating Interest Expenses over 5 years is $4.1 million, with a median of $1.4 million recorded in 2020.
  • The sharpest annual moves came in 2020 and 2023: Non Operating Interest Expenses sank 37.43% in 2020, then soared 424.69% in 2023.
  • Over 5 years, Non Operating Interest Expenses stood at $1.0 million in 2020, then gained by 2.39% to $1.1 million in 2021, then jumped by 204.66% to $3.3 million in 2022, then surged by 248.91% to $11.4 million in 2023, then gained by 1.46% to $11.6 million in 2024.
  • The last three Non Operating Interest Expenses figures came in at $11.6 million (Q2 2024), $12.0 million (Q1 2024), and $11.4 million (Q4 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Interest Expenses (Qtr)
1 Banco Santander Chile 948.96 Bn 948.96 Bn - -467.75 Bn
2 Truist Financial 61.64 Bn 61.64 Bn - 224.00 Mn
3 Fifth Third Bancorp 49.62 Bn 25.89 Bn - -
4 M&T Bank 34.88 Bn 34.88 Bn - -
5 Huntington Bancshares 33.82 Bn 29.29 Bn - -
6 Citizens Financial 29.46 Bn 29.46 Bn - -
7 Regions Financial 25.57 Bn 25.57 Bn - -
8 First Citizens Bancshares 25.00 Bn 24.48 Bn 29.00 Mn -
9 Keycorp 23.27 Bn -24.42 Bn - -
10 Choiceone Financial Services 507.01 Mn 408.86 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2024 11.57 Mn
Mar 31, 2024 11.96 Mn
Dec 31, 2023 11.41 Mn
Sep 30, 2023 10.08 Mn
Jun 30, 2023 7.23 Mn
Mar 31, 2023 4.39 Mn
Dec 31, 2022 3.27 Mn
Sep 30, 2022 1.95 Mn
Jun 30, 2022 1.38 Mn
Mar 31, 2022 1.15 Mn
Dec 31, 2021 1.07 Mn
Sep 30, 2021 1.03 Mn
Jun 30, 2021 911,000.00
Mar 31, 2021 967,000.00
Dec 31, 2020 1.05 Mn
Sep 30, 2020 1.09 Mn
Jun 30, 2020 984,000.00
Mar 31, 2020 1.52 Mn
Dec 31, 2019 1.68 Mn
Sep 30, 2019 991,000.00