Choiceone Financial Services (COFS) Rent Expense (2010 - 2026)

Choiceone Financial Services' Rent Expense history runs 17 years deep, the most recent figure standing at $2.6 million for Q1 2026.

• On a quarterly basis, Rent Expense rose 50.73% year-over-year to $2.6 million in Q1 2026; TTM through Mar 2026 was $10.2 million, a 68.25% increase from a year earlier, with the FY2025 full-year figure at $9.3 million, up 60.67% from the prior year.
• Rent Expense improved to $2.6 million in Q1 2026 per COFS's latest filing, from $2.5 million in the prior quarter.
• Across five years, Rent Expense topped out at $2.7 million in Q3 2025 and bottomed at $1.4 million in Q4 2024.
• The 5-year median for Rent Expense is $1.5 million (2022), against an average of $1.8 million.
• Across the five-year window, Rent Expense fell 11.02% in 2024 and soared 82.64% in 2025, its largest moves.
• Year by year, Rent Expense stood at $1.5 million in 2022, then decreased by 2.0% to $1.5 million in 2023, then decreased by 5.98% to $1.4 million in 2024, then soared by 78.52% to $2.5 million in 2025, then grew by 4.94% to $2.6 million in 2026.
• Per Business Quant, the three latest COFS Rent Expense figures stand at $2.6 million (Q1 2026), $2.5 million (Q4 2025), and $2.7 million (Q3 2025).