Choiceone Financial Services (COFS) Operating Expenses (2010 - 2026)
Choiceone Financial Services (COFS) posted Operating Expenses of $26.1 million for Q2 2026, up 1.07% on a QoQ basis from $25.8 million in Q1 2026, and up 2.14% year-over-year from $25.5 million in Q2 2025.
Analysis
Choiceone Financial Services (COFS) Operating Expenses (2010 - 2026) Analysis & Trends
Choiceone Financial Services has reported Operating Expenses for 17 years, with the latest figure at $26.1 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 2.14% year-over-year to $26.1 million in Q2 2026; TTM through Jun 2026 was $103.4 million, a 12.46% increase from a year earlier, with the FY2025 full-year figure at $112.7 million, up 91.98% from the prior year.
- Operating Expenses was $26.1 million for Q2 2026 at Choiceone Financial Services, up from $25.8 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 $18.4 million, with a median of $14.1 million recorded in 2023.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses surged 160.63% in 2025, then slipped 27.73% in 2026.
- Over 5 years, Operating Expenses 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 2.77% to $26.1 million in 2026.
- The last three Operating Expenses figures came in at $26.1 million (Q2 2026), $25.8 million (Q1 2026), and $25.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 1.12 Bn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 1.55 Bn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 1.22 Bn |
| 10 | Choiceone Financial Services | 507.01 Mn | 408.86 Mn | - | 26.05 Mn |
Historic Data
Download Data
Historic 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 |