Choiceone Financial Services (COFS) Tax Rate (2010 - 2026)

Choiceone Financial Services' Tax Rate history runs 17 years deep, the most recent figure standing at 17.85% for Q1 2026.

• In Q1 2026, Tax Rate fell 312.0% year-over-year to 17.85%; the TTM figure through Mar 2026 stood at 18.68% (up 174.0% YoY), while the FY2025 annual figure was 17.92%, down 131.0% from the prior year.
• Tax Rate was 17.85% for Q1 2026 at Choiceone Financial Services, down from 18.07% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 20.97% in Q1 2025 to a low of 13.95% in Q4 2022.
• Historically, Tax Rate has averaged 17.52% across 5 years, with a median of 17.85% in 2026.
• The sharpest annual moves came in 2022 and 2023: Tax Rate sank 430 bps in 2022, then surged 398 bps in 2023.
• A 5-year view of Tax Rate shows it stood at 13.95% in 2022, then rose by 29 bps to 17.93% in 2023, then rose by 4 bps to 18.64% in 2024, then declined by 3 bps to 18.07% in 2025, then slipped 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.