Choiceone Financial Services (COFS) Research & Development (2010 - 2026)

Choiceone Financial Services' Research & Development history runs 17 years deep, the most recent figure standing at $2.3 million for Q1 2026.

• On a quarterly basis, Research & Development rose 14.56% year-over-year to $2.3 million in Q1 2026; TTM through Mar 2026 was $9.6 million, a 46.28% increase from a year earlier, with the FY2025 full-year figure at $9.3 million, up 57.68% from the prior year.
• Research & Development slipped to $2.3 million in Q1 2026 per COFS's latest filing, from $2.4 million in the prior quarter.
• Across five years, Research & Development topped out at $2.5 million in Q3 2025 and bottomed at $263000.0 in Q4 2023.
• The 5-year median for Research & Development is $1.7 million (2023), against an average of $1.7 million.
• Across the five-year window, Research & Development slumped 73.27% in 2022 and jumped 469.96% in 2024, its largest moves.
• Year by year, Research & Development stood at $432000.0 in 2022, then slumped by 39.12% to $263000.0 in 2023, then soared by 469.96% to $1.5 million in 2024, then soared by 58.37% to $2.4 million in 2025, then dropped by 3.54% to $2.3 million in 2026.
• Per Business Quant, the three latest COFS Research & Development figures stand at $2.3 million (Q1 2026), $2.4 million (Q4 2025), and $2.5 million (Q3 2025).