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

Choiceone Financial Services has reported Research & Development for 17 years, with the latest figure at $2.4 million in Q2 2026.

• On a quarterly basis, Research & Development changed 0.45% year-over-year to $2.4 million in Q2 2026; TTM through Jun 2026 was $9.6 million, a 27.58% increase from a year earlier, with the FY2025 full-year figure at $9.3 million, up 57.68% from the prior year.
• Research & Development was $2.4 million for Q2 2026 at Choiceone Financial Services, up from $2.3 million in the prior quarter.
• The five-year high for Research & Development was $2.5 million in Q3 2025, with the low at $263000.0 in Q4 2023.
• Average Research & Development over 5 years is $1.7 million, with a median of $1.7 million recorded in 2023.
• The sharpest annual moves came in 2022 and 2024: Research & Development sank 73.27% in 2022, then soared 469.96% in 2024.
• Over 5 years, Research & Development stood at $432000.0 in 2022, then tumbled by 39.12% to $263000.0 in 2023, then jumped by 469.96% to $1.5 million in 2024, then jumped by 58.37% to $2.4 million in 2025, then advanced by 3.2% to $2.4 million in 2026.
• The last three Research & Development figures came in at $2.4 million (Q2 2026), $2.3 million (Q1 2026), and $2.4 million (Q4 2025), per Business Quant data.