COFS Stock Analysis: ChoiceOne Financial | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 504m USD | 12M Return: 16.6% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.49M
EPS Trend: 88.6%
Qual. Beats: 1
Rev. Trend: 93.4%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
ChoiceOne Financial Services, Inc. (NASDAQ: COFS) is the bank holding company for ChoiceOne Bank, a community bank based in Sparta, Michigan, that has operated since 1898. The company provides a full suite of traditional banking services to individuals and businesses across Michigan, including deposit products (time, savings, demand, and safe deposit accounts), ATM services, and a broad lending portfolio covering commercial, agricultural, construction, real estate, mortgage, and consumer loans. Beyond core banking, ChoiceOne offers insurance products (life and health), alternative investments such as annuities and mutual funds through a registered broker, trust and wealth management services, and holds intellectual property for a fintech product, with distribution through its branch and ATM network.
As a small-cap regional bank (approximately $508M market capitalization) within the Financials sector, ChoiceOne follows a traditional community bank business model, generating revenue primarily from net interest income on loans and deposits, supplemented by fee-based services such as mortgage banking, insurance, and wealth management. Its holding company structure is standard for U.S. banks, separating the regulated bank subsidiary from the parent entity that can own non-banking assets such as insurance and brokerage operations.
- Net interest margin compression pressures earnings outlook
- Commercial loan growth drives core banking revenue
- Michigan regional economy shapes credit quality trends
| Net Income: 54.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.12 > 1.0 |
| NWC/Revenue: -1.75k% < 20% (prev -1.94k%; Δ 186.9% < -1%) |
| CFO/TA 0.01 > 3% & CFO 38.1m > Net Income 54.7m |
| Net Debt (-330.8m) to EBITDA (45.9m): -7.20 < 3 |
| Current Ratio: 0.17 > 1.5 & < 3 |
| Outstanding Shares: last fiscal year (14.0m) vs prev 70.20% < -2% |
| Gross Margin: 62.28% > 18% (prev 61.31%; Δ 0.96% > 0.5%) |
| Asset Turnover: 4.17% > 50% (prev 4.13%; Δ 0.04% > 0%) |
| Interest Coverage Ratio: 0.51 > 6 (EBIT TTM 35.1m / Interest Expense TTM 68.5m) |
| A: -0.72 (Total Current Assets 644.2m - Total Current Liabilities 3.85b) / Total Assets 4.46b |
| B: 0.03 (Retained Earnings 120.1m / Total Assets 4.46b) |
| C: 0.01 (EBIT TTM 35.1m / Avg Total Assets 4.38b) |
| D: 1.12 (Book Value of Equity 4.46b / Total Liabilities 3.97b) |
| Altman-Z'' = -3.39 = D |
As of July 28, 2026, the stock is trading at USD 33.92 with a total of 114,887 shares traded. Over the past week, the price has changed by -0.06%, over one month by +0.18%, over three months by +13.52% and over the past year by +16.58%.
Current recommended Stop Loss: 30.70 (which is 9.5% or 2.5 ATR below the current price).
ChoiceOne Financial has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy COFS.
- StrongBuy: 2
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 34.3 | 1.2% |
P/E Trailing = 7.9787
P/E Forward = 7.7942
P/S = 2.9485
P/B = 1.0667
Revenue TTM = 182.7m USD
EBIT TTM = 35.1m USD
EBITDA TTM = 45.9m USD
Long Term Debt = 68.5m USD (from longTermDebt, last fiscal year)
Short Term Debt = 245.0m USD (from shortTermDebt, last fiscal year)
Debt = 313.5m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -330.8m USD (calculated: Debt 313.5m - CCE 644.2m)
Enterprise Value = 173.4m USD (504.2m + Debt 313.5m - CCE 644.2m)
Interest Coverage Ratio = 0.51 (Ebit TTM 35.1m / Interest Expense TTM 68.5m)
EV/FCF = 5.63x (Enterprise Value 173.4m / FCF TTM 30.8m)
FCF Yield = 17.75% (FCF TTM 30.8m / Enterprise Value 173.4m)
FCF Margin = 16.86% (FCF TTM 30.8m / Revenue TTM 182.7m)
Net Margin = 29.96% (Net Income TTM 54.7m / Revenue TTM 182.7m)
Gross Margin = 62.28% ((Revenue TTM 182.7m - Cost of Revenue TTM 68.9m) / Revenue TTM)
Gross Margin QoQ = none% (prev 71.85%)
Tobins Q-Ratio = 0.04 (Enterprise Value 173.4m / Total Assets 4.46b)
Interest Expense / Debt = 21.86% (Interest Expense 68.5m / Debt 313.5m)
Taxrate = 18.13% (12.1m / 66.8m)
NOPAT = 28.7m (EBIT 35.1m * (1 - 18.13%))
Current Ratio = 0.17 (Total Current Assets 644.2m / Total Current Liabilities 3.85b)
Debt / Equity = 0.07 (Debt 313.5m / totalStockholderEquity, last quarter 4.46b)
Debt / EBITDA = -7.20 (Net Debt -330.8m / EBITDA 45.9m)
Debt / FCF = -10.74 (Net Debt -330.8m / FCF TTM 30.8m)
Total Stockholder Equity = 1.46b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.25% (Net Income 54.7m / Total Assets 4.46b)
RoE = 3.75% (Net Income TTM 54.7m / Total Stockholder Equity 1.46b)
RoCE = 2.30% (EBIT 35.1m / Capital Employed (Equity 1.46b + L.T.Debt 68.5m))
RoIC = 3.39% (NOPAT 28.7m / Invested Capital 847.7m)
WACC = 12.04% (E(504.2m)/V(817.7m) * Re(8.40%) + D(313.5m)/V(817.7m) * Rd(21.86%) * (1-Tc(0.18)))
Discount Rate = 8.40% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 92.59 | Cagr: 35.85%
[DCF] Terminal Value 67.00% ; FCFF base≈28.3m ; Y1≈32.5m ; Y5≈47.8m
[DCF] Fair Price = 51.08 (EV 434.1m - Net Debt -330.8m = Equity 764.9m / Shares 15.0m; r=12.04% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 88.65 | EPS CAGR: 10.33% | SUE: 0.91 | # QB: 1
Revenue Correlation: 93.44 | Revenue CAGR: 32.91% | SUE: -3.62 | # QB: -1
EPS current Quarter (2026-06-30): EPS=0.88 | Chg30d=+0.00% | Revisions=+25% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.90 | Chg30d=+0.00% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=3.61 | Chg30d=+0.09% | Revisions=+50% | GrowthEPS=-2.0% | GrowthRev=+8.1%
EPS next Year (2027-12-31): EPS=3.68 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=+2.1% | GrowthRev=+3.7%
[Analyst] Revisions Ratio: +50% (up=6, down=1)