Choiceone Financial Services (COFS) Tax Rate (2010 - 2026)
Choiceone Financial Services' quarterly Tax Rate came in at 17.85% in Q1 2026, down 312.0% year-on-year from 8.42% in Q1 2025, and down 1.25% quarter-over-quarter from 18.07% in Q4 2025.
Choiceone Financial Services has reported Tax Rate for 17 years, with the latest figure at 17.85% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 312.0% year-over-year to 17.85%; the trailing twelve-month figure through Mar 2026 stood at 18.68% (up 174.0% YoY), and the FY2025 full-year result was 17.92%, down 131.0% from the prior year.
- Tax Rate for Q1 2026 stood at 17.85%, down from 18.07% in the prior quarter.
- The five-year high for Tax Rate was 20.97% in Q1 2025, with the low at 13.95% in Q4 2022.
- Average Tax Rate over 5 years is 17.52%, with a median of 17.85% recorded in 2026.
- Year-over-year, Tax Rate sank 430 bps in 2022 and jumped 398 bps in 2023.
- Tracing COFS's Tax Rate over 5 years: stood at 13.95% in 2022, then gained by 29 bps to 17.93% in 2023, then gained by 4 bps to 18.64% in 2024, then fell by 3 bps to 18.07% in 2025, then dropped by 1 bps to 17.85% in 2026.
- The last three Tax Rate figures came in at 17.85% (Q1 2026), 18.07% (Q4 2025), and 19.89% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (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 | - | 19.21 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 19.83 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 0.05 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 18.98 |
| 10 | Choiceone Financial Services | 471.29 Mn | 377.64 Mn | - | 17.85 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.85 |
| Mar 31, 2026 | 17.85 |
| Dec 31, 2025 | 18.07 |
| Dec 31, 2025 | 18.07 |
| Sep 30, 2025 | 19.89 |
| Sep 30, 2025 | 19.89 |
| Jun 30, 2025 | 18.81 |
| Jun 30, 2025 | 18.81 |
| Mar 31, 2025 | 20.97 |
| Mar 31, 2025 | 20.97 |
| Dec 31, 2024 | 18.64 |
| Dec 31, 2024 | 18.64 |
| Sep 30, 2024 | 20.76 |
| Sep 30, 2024 | 20.76 |
| Jun 30, 2024 | 19.45 |
| Jun 30, 2024 | 19.45 |
| Mar 31, 2024 | 17.64 |
| Mar 31, 2024 | 17.64 |
| Dec 31, 2023 | 17.93 |
| Dec 31, 2023 | 17.93 |
| Sep 30, 2023 | 17.41 |
| Sep 30, 2023 | 17.41 |
| Jun 30, 2023 | 16.63 |
| Jun 30, 2023 | 16.63 |
| Mar 31, 2023 | 15.46 |
| Mar 31, 2023 | 15.46 |
| Dec 31, 2022 | 13.95 |
| Dec 31, 2022 | 13.95 |
| Sep 30, 2022 | 15.37 |
| Sep 30, 2022 | 15.37 |
| Jun 30, 2022 | 14.43 |
| Jun 30, 2022 | 14.43 |
| Mar 31, 2022 | 14.64 |
| Mar 31, 2022 | 14.64 |
| Dec 31, 2021 | 18.25 |
| Dec 31, 2021 | 18.25 |
| Sep 30, 2021 | 16.83 |
| Sep 30, 2021 | 16.83 |
| Jun 30, 2021 | 15.17 |
| Jun 30, 2021 | 15.17 |
| Mar 31, 2021 | 16.94 |
| Mar 31, 2021 | 16.94 |
| Dec 31, 2020 | 12.42 |
| Dec 31, 2020 | 12.42 |
| Sep 30, 2020 | 17.01 |
| Sep 30, 2020 | 17.01 |
| Jun 30, 2020 | 19.16 |
| Jun 30, 2020 | 19.16 |
| Mar 31, 2020 | 16.11 |
| Mar 31, 2020 | 16.11 |
| Dec 31, 2019 | 17.07 |
| Dec 31, 2019 | 17.07 |
| Sep 30, 2019 | 9.41 |
| Sep 30, 2019 | 9.41 |
| Jun 30, 2019 | 15.89 |
| Jun 30, 2019 | 15.89 |
| Mar 31, 2019 | 14.74 |
| Mar 31, 2019 | 14.74 |
| Dec 31, 2018 | 8.19 |
| Dec 31, 2018 | 8.19 |
| Sep 30, 2018 | 14.81 |
| Sep 30, 2018 | 14.81 |
| Jun 30, 2018 | 15.80 |
| Jun 30, 2018 | 15.80 |
| Mar 31, 2018 | 15.24 |
| Mar 31, 2018 | 15.24 |
| Dec 31, 2017 | 31.51 |
| Dec 31, 2017 | 31.51 |
| Sep 30, 2017 | 26.37 |
| Sep 30, 2017 | 26.37 |
| Jun 30, 2017 | 26.19 |
| Jun 30, 2017 | 26.19 |
| Mar 31, 2017 | 24.61 |
| Mar 31, 2017 | 24.61 |
| Dec 31, 2016 | 28.91 |
| Dec 31, 2016 | 28.91 |
| Sep 30, 2016 | 27.68 |
| Sep 30, 2016 | 27.68 |
| Jun 30, 2016 | 25.52 |
| Jun 30, 2016 | 25.52 |
| Mar 31, 2016 | 26.19 |
| Mar 31, 2016 | 26.19 |
| Dec 31, 2015 | 25.43 |
| Dec 31, 2015 | 25.43 |
| Sep 30, 2015 | 26.88 |
| Sep 30, 2015 | 26.88 |
| Jun 30, 2015 | 26.43 |
| Jun 30, 2015 | 26.43 |
| Mar 31, 2015 | 22.69 |
| Mar 31, 2015 | 22.69 |
| Dec 31, 2014 | 26.91 |
| Dec 31, 2014 | 26.91 |
| Sep 30, 2014 | 27.45 |
| Sep 30, 2014 | 27.45 |
| Jun 30, 2014 | 26.46 |
| Jun 30, 2014 | 26.46 |
| Mar 31, 2014 | 25.85 |
| Mar 31, 2014 | 25.85 |
| Dec 31, 2013 | 26.45 |
| Dec 31, 2013 | 26.45 |
| Sep 30, 2013 | 24.32 |
| Sep 30, 2013 | 24.32 |
| Jun 30, 2013 | 27.07 |
| Jun 30, 2013 | 27.07 |
| Mar 31, 2013 | 25.65 |
| Mar 31, 2013 | 25.65 |
| Dec 31, 2012 | 26.30 |
| Dec 31, 2012 | 26.30 |
| Sep 30, 2012 | 24.85 |
| Sep 30, 2012 | 24.85 |
| Jun 30, 2012 | 23.92 |
| Jun 30, 2012 | 23.92 |
| Mar 31, 2012 | 20.20 |
| Mar 31, 2012 | 20.20 |
| Dec 31, 2011 | -3.10 |
| Dec 31, 2011 | -3.10 |
| Sep 30, 2011 | 23.69 |
| Sep 30, 2011 | 23.69 |
| Jun 30, 2011 | 23.32 |
| Jun 30, 2011 | 23.32 |
| Mar 31, 2011 | 19.82 |
| Mar 31, 2011 | 19.82 |
| Dec 31, 2010 | 17.73 |
| Dec 31, 2010 | 17.73 |
| Sep 30, 2010 | 20.37 |
| Sep 30, 2010 | 20.37 |
| Jun 30, 2010 | 18.12 |
| Jun 30, 2010 | 18.12 |