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.

• In Q1 2026, Rent Expense rose 50.73% year-over-year to $2.6 million; the TTM figure through Mar 2026 stood at $10.2 million (up 68.25% YoY), while the FY2025 annual figure was $9.3 million, up 60.67% from the prior year.
• Rent Expense was $2.6 million for Q1 2026 at Choiceone Financial Services, up from $2.5 million in the prior quarter.
• In the past five years, Rent Expense ranged from a high of $2.7 million in Q3 2025 to a low of $1.4 million in Q4 2024.
• Historically, Rent Expense has averaged $1.8 million across 5 years, with a median of $1.5 million in 2022.
• The sharpest annual moves came in 2024 and 2025: Rent Expense dropped 11.02% in 2024, then jumped 82.64% in 2025.
• A 5-year view of Rent Expense shows it 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.
• 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.