Choiceone Financial Services (COFS) Tax Provisions (2010 - 2026)
Choiceone Financial Services (COFS) reported Tax Provisions of $2.57 million for Q2 2026, down 18.0% from $3.14 million a year earlier and down 13.6% from the prior quarter.
Choiceone Financial Services (COFS) Tax Provisions (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Choiceone Financial Services' Tax Provisions came in at $12.12 million, up 302.4% year-over-year; for FY2025, it was $6.01 million, down 5.5% from FY2024.
- Tax Provisions has a five-year compound annual growth rate of 12.9% (FY2020 to FY2025).
- By year, Tax Provisions came in at $6.36 million in FY2024 (+47.7%), $4.31 million in FY2023 (+7.2%), $4.02 million in FY2022 (-9.8%) and $4.46 million in FY2021 (+36.2%).
- The Q2 2026 figure ranks as the lowest quarterly Tax Provisions since Q1 2025.
- Year over year, Tax Provisions gained in five of the last six quarters, with growth averaging 61.1%.
- The high point for year-over-year Tax Provisions in five years was Q2 2025 (growth of 97.2%); the low point was Q1 2022 (a decline of 25.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.98 million (Q1 2026), $2.92 million (Q4 2025) and $3.65 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 6.36 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -51.13 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 2.49 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 1.70 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 1.24 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 1.17 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 1.94 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 1.40 Bn |
| 10 | Choiceone Financial Services | 483.05 Mn | 85.44 Mn | - | 2.57 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.57 Mn |
| Mar 31, 2026 | 2.98 Mn |
| Dec 31, 2025 | 2.92 Mn |
| Sep 30, 2025 | 3.65 Mn |
| Jun 30, 2025 | 3.14 Mn |
| Mar 31, 2025 | -3.69 Mn |
| Dec 31, 2024 | 1.64 Mn |
| Sep 30, 2024 | 1.93 Mn |
| Jun 30, 2024 | 1.59 Mn |
| Mar 31, 2024 | 1.21 Mn |
| Dec 31, 2023 | 1.16 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 |
Choiceone Financial Services Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=COFS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "COFS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=COFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();