Choiceone Financial Services (COFS) Rent Expense (2010 - 2026)
Choiceone Financial Services' quarterly Rent Expense came in at $2.6 million in Q1 2026, up 50.73% year-on-year from $1.7 million in Q1 2025, and up 4.94% quarter-over-quarter from $2.5 million in Q4 2025.
Choiceone Financial Services has reported Rent Expense for 17 years, with the latest figure at $2.6 million in Q1 2026.
- For the quarter ending Q1 2026, Rent Expense rose 50.73% year-over-year to $2.6 million; the trailing twelve-month figure through Mar 2026 stood at $10.2 million (up 68.25% YoY), and the FY2025 full-year result was $9.3 million, up 60.67% from the prior year.
- Rent Expense for Q1 2026 stood at $2.6 million, up from $2.5 million in the prior quarter.
- The five-year high for Rent Expense was $2.7 million in Q3 2025, with the low at $1.4 million in Q4 2024.
- Average Rent Expense over 5 years is $1.8 million, with a median of $1.5 million recorded in 2022.
- Year-over-year, Rent Expense fell 11.02% in 2024 and soared 82.64% in 2025.
- Tracing COFS's Rent Expense over 5 years: stood at $1.5 million in 2022, then slipped by 2.0% to $1.5 million in 2023, then slipped by 5.98% to $1.4 million in 2024, then jumped by 78.52% to $2.5 million in 2025, then increased by 4.94% to $2.6 million in 2026.
- The last three Rent Expense figures came in at $2.6 million (Q1 2026), $2.5 million (Q4 2025), and $2.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 634,000.00 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 1.45 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 262.00 Mn |
| 10 | Choiceone Financial Services | 474.28 Mn | 380.64 Mn | - | 2.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.59 Mn |
| Mar 31, 2026 | 2.59 Mn |
| Dec 31, 2025 | 2.47 Mn |
| Dec 31, 2025 | 2.47 Mn |
| Sep 30, 2025 | 2.69 Mn |
| Sep 30, 2025 | 2.69 Mn |
| Jun 30, 2025 | 2.43 Mn |
| Jun 30, 2025 | 2.43 Mn |
| Mar 31, 2025 | 1.72 Mn |
| Mar 31, 2025 | 1.72 Mn |
| Dec 31, 2024 | 1.38 Mn |
| Dec 31, 2024 | 1.38 Mn |
| Sep 30, 2024 | 1.48 Mn |
| Sep 30, 2024 | 1.48 Mn |
| Jun 30, 2024 | 1.48 Mn |
| Jun 30, 2024 | 1.48 Mn |
| Mar 31, 2024 | 1.46 Mn |
| Mar 31, 2024 | 1.46 Mn |
| Dec 31, 2023 | 1.47 Mn |
| Dec 31, 2023 | 1.47 Mn |
| Sep 30, 2023 | 1.43 Mn |
| Sep 30, 2023 | 1.43 Mn |
| Jun 30, 2023 | 1.51 Mn |
| Jun 30, 2023 | 1.51 Mn |
| Mar 31, 2023 | 1.64 Mn |
| Mar 31, 2023 | 1.64 Mn |
| Dec 31, 2022 | 1.50 Mn |
| Dec 31, 2022 | 1.50 Mn |
| Sep 30, 2022 | 1.55 Mn |
| Sep 30, 2022 | 1.55 Mn |
| Jun 30, 2022 | 1.52 Mn |
| Jun 30, 2022 | 1.52 Mn |
| Mar 31, 2022 | 1.63 Mn |
| Mar 31, 2022 | 1.63 Mn |
| Dec 31, 2021 | 1.58 Mn |
| Dec 31, 2021 | 1.58 Mn |
| Sep 30, 2021 | 1.54 Mn |
| Sep 30, 2021 | 1.54 Mn |
| Jun 30, 2021 | 1.50 Mn |
| Jun 30, 2021 | 1.50 Mn |
| Mar 31, 2021 | 1.56 Mn |
| Mar 31, 2021 | 1.56 Mn |
| Dec 31, 2020 | 1.60 Mn |
| Dec 31, 2020 | 1.60 Mn |
| Sep 30, 2020 | 1.56 Mn |
| Sep 30, 2020 | 1.56 Mn |
| Jun 30, 2020 | 1.36 Mn |
| Jun 30, 2020 | 1.36 Mn |
| Mar 31, 2020 | 1.27 Mn |
| Mar 31, 2020 | 1.27 Mn |
| Dec 31, 2019 | 1.29 Mn |
| Dec 31, 2019 | 1.29 Mn |
| Sep 30, 2019 | 755,000.00 |
| Sep 30, 2019 | 755,000.00 |
| Jun 30, 2019 | 741,000.00 |
| Jun 30, 2019 | 741,000.00 |
| Mar 31, 2019 | 771,000.00 |
| Mar 31, 2019 | 771,000.00 |
| Dec 31, 2018 | 717,000.00 |
| Dec 31, 2018 | 717,000.00 |
| Sep 30, 2018 | 661,000.00 |
| Sep 30, 2018 | 661,000.00 |
| Jun 30, 2018 | 664,000.00 |
| Jun 30, 2018 | 664,000.00 |
| Mar 31, 2018 | 680,000.00 |
| Mar 31, 2018 | 680,000.00 |
| Dec 31, 2017 | 797,000.00 |
| Dec 31, 2017 | 797,000.00 |
| Sep 30, 2017 | 702,000.00 |
| Sep 30, 2017 | 702,000.00 |
| Jun 30, 2017 | 689,000.00 |
| Jun 30, 2017 | 689,000.00 |
| Mar 31, 2017 | 708,000.00 |
| Mar 31, 2017 | 708,000.00 |
| Dec 31, 2016 | 629,000.00 |
| Dec 31, 2016 | 629,000.00 |
| Sep 30, 2016 | 626,000.00 |
| Sep 30, 2016 | 626,000.00 |
| Jun 30, 2016 | 692,000.00 |
| Jun 30, 2016 | 692,000.00 |
| Mar 31, 2016 | 641,000.00 |
| Mar 31, 2016 | 641,000.00 |
| Dec 31, 2015 | 610,000.00 |
| Dec 31, 2015 | 610,000.00 |
| Sep 30, 2015 | 598,000.00 |
| Sep 30, 2015 | 598,000.00 |
| Jun 30, 2015 | 593,000.00 |
| Jun 30, 2015 | 593,000.00 |
| Mar 31, 2015 | 596,000.00 |
| Mar 31, 2015 | 596,000.00 |
| Dec 31, 2014 | 577,000.00 |
| Dec 31, 2014 | 577,000.00 |
| Sep 30, 2014 | 599,000.00 |
| Sep 30, 2014 | 599,000.00 |
| Jun 30, 2014 | 596,000.00 |
| Jun 30, 2014 | 596,000.00 |
| Mar 31, 2014 | 617,000.00 |
| Mar 31, 2014 | 617,000.00 |
| Dec 31, 2013 | 599,000.00 |
| Dec 31, 2013 | 599,000.00 |
| Sep 30, 2013 | 580,000.00 |
| Sep 30, 2013 | 580,000.00 |
| Jun 30, 2013 | 592,000.00 |
| Jun 30, 2013 | 592,000.00 |
| Mar 31, 2013 | 570,000.00 |
| Mar 31, 2013 | 570,000.00 |
| Dec 31, 2012 | 545,000.00 |
| Dec 31, 2012 | 545,000.00 |
| Sep 30, 2012 | 574,000.00 |
| Sep 30, 2012 | 574,000.00 |
| Jun 30, 2012 | 545,000.00 |
| Jun 30, 2012 | 545,000.00 |
| Mar 31, 2012 | 592,000.00 |
| Mar 31, 2012 | 592,000.00 |
| Dec 31, 2011 | 523,000.00 |
| Dec 31, 2011 | 523,000.00 |
| Sep 30, 2011 | 592,000.00 |
| Sep 30, 2011 | 592,000.00 |
| Jun 30, 2011 | 583,000.00 |
| Jun 30, 2011 | 583,000.00 |
| Mar 31, 2011 | 549,000.00 |
| Mar 31, 2011 | 549,000.00 |
| Dec 31, 2010 | 500,000.00 |
| Dec 31, 2010 | 500,000.00 |
| Sep 30, 2010 | 577,000.00 |
| Sep 30, 2010 | 577,000.00 |
| Jun 30, 2010 | 529,000.00 |
| Jun 30, 2010 | 529,000.00 |