Choiceone Financial Services (COFS) Operating Expenses (2010 - 2026)
Choiceone Financial Services (COFS) recorded quarterly Operating Expenses of $25.8 million in Q1 2026, up 1.68% quarter-over-quarter from $25.3 million in Q4 2025, and down 27.73% on a YoY basis from $35.7 million in Q1 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 was $25.8 million for Q1 2026 at Choiceone Financial Services, up from $25.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $35.7 million in Q1 2025 to a low of $13.2 million in Q2 2022.
- Historically, Operating Expenses has averaged $18.0 million across 5 years, with a median of $14.0 million in 2023.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses jumped 160.63% in 2025, then decreased 27.73% in 2026.
- A 5-year view of Operating Expenses shows it stood at $13.2 million in 2022, then rose by 4.26% to $13.8 million in 2023, then climbed by 11.37% to $15.3 million in 2024, then soared by 65.2% to $25.3 million in 2025, then grew 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | Choiceone Financial Services | 487.48 Mn | 393.83 Mn | - | 25.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 13.13 Mn |