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.

• In Q1 2026, Research & Development rose 14.56% year-over-year to $2.3 million; the TTM figure through Mar 2026 stood at $9.6 million (up 46.28% YoY), while the FY2025 annual figure was $9.3 million, up 57.68% from the prior year.
• Research & Development was $2.3 million for Q1 2026 at Choiceone Financial Services, down from $2.4 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $2.5 million in Q3 2025 to a low of $263000.0 in Q4 2023.
• Historically, Research & Development has averaged $1.7 million across 5 years, with a median of $1.7 million in 2023.
• The sharpest annual moves came in 2022 and 2024: Research & Development slumped 73.27% in 2022, then surged 469.96% in 2024.
• A 5-year view of Research & Development shows it stood at $432000.0 in 2022, then plunged 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.
• 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.