Choiceone Financial Services (COFS) Research & Development (2010 - 2026)
Choiceone Financial Services' quarterly Research & Development came in at $2.3 million in Q1 2026, up 14.56% year-on-year from $2.0 million in Q1 2025, and down 3.54% quarter-over-quarter from $2.4 million in Q4 2025.
Choiceone Financial Services has reported Research & Development for 17 years, with the latest figure at $2.3 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 14.56% year-over-year to $2.3 million; the trailing twelve-month figure through Mar 2026 stood at $9.6 million (up 46.28% YoY), and the FY2025 full-year result was $9.3 million, up 57.68% from the prior year.
- Research & Development for Q1 2026 stood at $2.3 million, down from $2.4 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.
- Year-over-year, Research & Development slumped 73.27% in 2022 and jumped 469.96% in 2024.
- Tracing COFS's Research & Development over 5 years: 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 declined by 3.54% to $2.3 million in 2026.
- The last three Research & Development figures came in at $2.3 million (Q1 2026), $2.4 million (Q4 2025), and $2.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (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 | - | 1.10 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 554,000.00 |
| 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 | - | - |
| 10 | Choiceone Financial Services | 474.28 Mn | 380.64 Mn | - | 2.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.29 Mn |
| Dec 31, 2025 | 2.37 Mn |
| Sep 30, 2025 | 2.50 Mn |
| Jun 30, 2025 | 2.44 Mn |
| Mar 31, 2025 | 2.00 Mn |
| Dec 31, 2024 | 1.50 Mn |
| Sep 30, 2024 | 1.60 Mn |
| Jun 30, 2024 | 1.47 Mn |
| Mar 31, 2024 | 1.34 Mn |
| Dec 31, 2023 | 263,000.00 |
| Sep 30, 2023 | 1.72 Mn |
| Jun 30, 2023 | 1.68 Mn |
| Mar 31, 2023 | 1.68 Mn |
| Dec 31, 2022 | 432,000.00 |
| Sep 30, 2022 | 1.73 Mn |
| Jun 30, 2022 | 1.58 Mn |
| Mar 31, 2022 | 1.74 Mn |
| Dec 31, 2021 | 1.62 Mn |
| Sep 30, 2021 | 1.47 Mn |
| Jun 30, 2021 | 1.67 Mn |
| Mar 31, 2021 | 1.43 Mn |
| Dec 31, 2020 | 2.13 Mn |
| Sep 30, 2020 | 1.59 Mn |
| Jun 30, 2020 | 1.57 Mn |
| Mar 31, 2020 | 1.48 Mn |
| Dec 31, 2019 | 1.40 Mn |
| Sep 30, 2019 | 676,000.00 |
| Jun 30, 2019 | 582,000.00 |
| Mar 31, 2019 | 556,000.00 |
| Dec 31, 2018 | 561,000.00 |
| Sep 30, 2018 | 555,000.00 |
| Jun 30, 2018 | 555,000.00 |
| Mar 31, 2018 | 534,000.00 |
| Dec 31, 2017 | 598,000.00 |
| Sep 30, 2017 | 551,000.00 |
| Jun 30, 2017 | 554,000.00 |
| Mar 31, 2017 | 576,000.00 |
| Dec 31, 2016 | 619,000.00 |
| Sep 30, 2016 | 556,000.00 |
| Jun 30, 2016 | 539,000.00 |
| Mar 31, 2016 | 559,000.00 |
| Dec 31, 2015 | 631,000.00 |
| Sep 30, 2015 | 558,000.00 |
| Jun 30, 2015 | 578,000.00 |
| Mar 31, 2015 | 553,000.00 |
| Dec 31, 2014 | 497,000.00 |
| Sep 30, 2014 | 473,000.00 |
| Jun 30, 2014 | 461,000.00 |
| Mar 31, 2014 | 426,000.00 |
| Dec 31, 2013 | 347,000.00 |
| Sep 30, 2013 | 422,000.00 |
| Jun 30, 2013 | 452,000.00 |
| Mar 31, 2013 | 500,000.00 |
| Dec 31, 2012 | 473,000.00 |
| Sep 30, 2012 | 503,000.00 |
| Jun 30, 2012 | 434,000.00 |
| Mar 31, 2012 | 442,000.00 |
| Dec 31, 2011 | 438,000.00 |
| Sep 30, 2011 | 436,000.00 |
| Jun 30, 2011 | 435,000.00 |
| Mar 31, 2011 | 431,000.00 |
| Dec 31, 2010 | 411,000.00 |
| Sep 30, 2010 | 402,000.00 |
| Jun 30, 2010 | 412,000.00 |