Choiceone Financial Services (COFS) Operating Expenses (2010 - 2026)

Choiceone Financial Services has reported Operating Expenses for 17 years, with the latest figure at $25.8 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 27.73% year-over-year to $25.8 million; the trailing twelve-month figure through Mar 2026 stood at $102.8 million (up 27.44% YoY), and the FY2025 full-year result 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.
• Average Operating Expenses over 5 years is $18.0 million, with a median of $14.0 million recorded in 2023.
• Year-over-year, Operating Expenses soared 160.63% in 2025 and dropped 27.73% in 2026.
• Tracing COFS's Operating Expenses over 5 years: stood at $13.2 million in 2022, then gained by 4.26% to $13.8 million in 2023, then grew by 11.37% to $15.3 million in 2024, then jumped by 65.2% to $25.3 million in 2025, then increased by 1.68% to $25.8 million in 2026.
• The last three Operating Expenses figures came in at $25.8 million (Q1 2026), $25.3 million (Q4 2025), and $26.2 million (Q3 2025), per Business Quant data.

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