Choiceone Financial Services (COFS) Operating Expenses (2010 - 2026)
Choiceone Financial Services (COFS) posted quarterly Operating Expenses of $25.8 million for Q1 2026, down 27.73% year-over-year from $35.7 million in Q1 2025, and up 1.68% quarter-over-quarter from $25.3 million in Q4 2025.
Choiceone Financial Services (COFS) Operating Expenses (2010 - 2026) Analysis & Trends
Choiceone Financial Services' Operating Expenses history runs 17 years deep, the most recent figure standing at $25.8 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 27.73% year-over-year to $25.8 million; the TTM figure through Mar 2026 stood at $102.8 million (up 27.44% YoY), while the FY2025 annual figure was $112.7 million, up 91.98% from the prior year.
- Operating Expenses for Q1 2026 stood at $25.8 million, up from $25.3 million in the prior quarter.
- The five-year high for Operating Expenses was $35.7 million in Q1 2025, with the low at $13.2 million in Q2 2022.
- The 5-year median for Operating Expenses is $14.0 million (2023), against an average of $18.0 million.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses soared 160.63% in 2025, then retreated 27.73% in 2026.
- Choiceone Financial Services' Operating Expenses stood at $13.2 million in 2022, then increased by 4.26% to $13.8 million in 2023, then advanced by 11.37% to $15.3 million in 2024, then surged by 65.2% to $25.3 million in 2025, then climbed by 1.68% to $25.8 million in 2026.
- Business Quant data shows COFS's Operating Expenses at $25.8 million in Q1 2026, $25.3 million in Q4 2025, and $26.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 2.11 Bn |
| 10 | Choiceone Financial Services | 498.10 Mn | 399.96 Mn | - | 26.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.05 Mn |
| Mar 31, 2026 | 25.78 Mn |
| Dec 31, 2025 | 25.35 Mn |
| Sep 30, 2025 | 26.22 Mn |
| Jun 30, 2025 | 25.51 Mn |
| Mar 31, 2025 | 35.67 Mn |
| Dec 31, 2024 | 15.34 Mn |
| Sep 30, 2024 | 15.42 Mn |
| Jun 30, 2024 | 14.28 Mn |
| Mar 31, 2024 | 13.68 Mn |
| Dec 31, 2023 | 13.78 Mn |
| Sep 30, 2023 | 13.73 Mn |
| Jun 30, 2023 | 13.57 Mn |
| Mar 31, 2023 | 14.00 Mn |
| Dec 31, 2022 | 13.22 Mn |
| Sep 30, 2022 | 13.42 Mn |
| Jun 30, 2022 | 13.16 Mn |
| Mar 31, 2022 | 13.69 Mn |
| Dec 31, 2021 | 13.76 Mn |
| Sep 30, 2021 | 13.51 Mn |