Choiceone Financial Services (COFS) Provisions (2010 - 2026)
Choiceone Financial Services (COFS) posted Provisions of $550000.0 for Q2 2026, down 50.0% on a QoQ basis from $1.1 million in Q4 2025, and down 15.38% year-over-year from $650000.0 in Q2 2025.
Analysis
Choiceone Financial Services (COFS) Provisions (2010 - 2026) Analysis & Trends
Choiceone Financial Services has reported Provisions for 16 years, with the latest figure at $550000.0 in Q2 2026.
- On a quarterly basis, Provisions fell 15.38% year-over-year to $550000.0 in Q2 2026; TTM through Jun 2026 was $1.8 million, a 87.19% decrease from a year earlier, with the FY2025 full-year figure at $15.1 million, up 1062.54% from the prior year.
- Provisions was $550000.0 for Q2 2026 at Choiceone Financial Services, down from $1.1 million in the prior quarter.
- The five-year high for Provisions was $13.2 million in Q1 2025, with the low at -$415000.0 in Q2 2023.
- Average Provisions over 5 years is $1.2 million, with a median of $403000.0 recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Provisions sank 78.56% in 2024, then soared 3166.25% in 2025.
- Over 5 years, Provisions stood at $150000.0 in 2022, then jumped by 522.0% to $933000.0 in 2023, then tumbled by 78.56% to $200000.0 in 2024, then surged by 450.0% to $1.1 million in 2025, then slumped by 50.0% to $550000.0 in 2026.
- The last three Provisions figures came in at $550000.0 (Q2 2026), $1.1 million (Q4 2025), and $200000.0 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 395.00 Mn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 131.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 120.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 132.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 146.00 Mn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 68.00 Mn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | -10.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 111.00 Mn |
| 10 | Choiceone Financial Services | 507.01 Mn | 408.86 Mn | - | 550,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 550,000.00 |
| Dec 31, 2025 | 1.10 Mn |
| Sep 30, 2025 | 200,000.00 |
| Jun 30, 2025 | 650,000.00 |
| Mar 31, 2025 | 13.16 Mn |
| Dec 31, 2024 | 200,000.00 |
| Sep 30, 2024 | 425,000.00 |
| Jun 30, 2024 | 272,000.00 |
| Mar 31, 2024 | 403,000.00 |
| Dec 31, 2023 | 933,000.00 |
| Sep 30, 2023 | 438,000.00 |
| Jun 30, 2023 | -415,000.00 |
| Mar 31, 2023 | 309,000.00 |
| Dec 31, 2022 | 150,000.00 |
| Sep 30, 2022 | 100,000.00 |
| Jun 30, 2021 | 166,000.00 |
| Mar 31, 2021 | 250,000.00 |
| Dec 31, 2020 | 1.00 Mn |
| Sep 30, 2020 | 1.23 Mn |
| Jun 30, 2020 | 1.00 Mn |