Choiceone Financial Services (COFS) Tax Provisions (2010 - 2026)
Choiceone Financial Services (COFS) posted quarterly Tax Provisions of $3.0 million for Q1 2026, up 180.7% year-over-year from $1.1 million in Q1 2025, and down 1.88% quarter-over-quarter from $3.0 million in Q4 2025.
Choiceone Financial Services (COFS) Tax Provisions (2010 - 2026) Analysis & Trends
Choiceone Financial Services' Tax Provisions history runs 17 years deep, the most recent figure standing at $3.0 million for Q1 2026.
- In Q1 2026, Tax Provisions rose 180.7% year-over-year to $3.0 million; the TTM figure through Mar 2026 stood at $12.8 million (up 371.51% YoY), while the FY2025 annual figure was $6.1 million, up 3210.81% from the prior year.
- Tax Provisions for Q1 2026 stood at $3.0 million, down from $3.0 million in the prior quarter.
- The five-year high for Tax Provisions was $3.6 million in Q3 2025, with the low at -$4.5 million in Q4 2024.
- The 5-year median for Tax Provisions is $1.1 million (2022), against an average of $782588.2.
- The sharpest annual moves came in 2025 and 2026: Tax Provisions sank 405.63% in 2025, then soared 180.7% in 2026.
- Choiceone Financial Services' Tax Provisions stood at $1.1 million in 2022, then tumbled by 395.5% to -$3.2 million in 2023, then tumbled by 44.03% to -$4.5 million in 2024, then jumped by 166.87% to $3.0 million in 2025, then dropped by 1.88% to $3.0 million in 2026.
- Business Quant data shows COFS's Tax Provisions at $3.0 million in Q1 2026, $3.0 million in Q4 2025, and $3.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 235.00 Mn |
| 10 | Choiceone Financial Services | 494.21 Mn | 396.07 Mn | - | 2.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.57 Mn |
| Mar 31, 2026 | 2.98 Mn |
| Dec 31, 2025 | 3.03 Mn |
| Sep 30, 2025 | 3.65 Mn |
| Jun 30, 2025 | 3.14 Mn |
| Mar 31, 2025 | -3.69 Mn |
| Dec 31, 2024 | -4.54 Mn |
| Sep 30, 2024 | 1.93 Mn |
| Jun 30, 2024 | 1.59 Mn |
| Mar 31, 2024 | 1.21 Mn |
| Dec 31, 2023 | -3.15 Mn |
| Sep 30, 2023 | 1.08 Mn |
| Jun 30, 2023 | 1.04 Mn |
| Mar 31, 2023 | 1.03 Mn |
| Dec 31, 2022 | 1.07 Mn |
| Sep 30, 2022 | 1.06 Mn |
| Jun 30, 2022 | 947,000.00 |
| Mar 31, 2022 | 948,000.00 |
| Dec 31, 2021 | 1.12 Mn |
| Sep 30, 2021 | 1.16 Mn |