CHOICEONE FINANCIAL SERVICES INCCOFSEarnings & Financial Report
Nasdaq
NextMar 30, 2026
COFS Q3 2025 Key Financial Metrics
Revenue
$61.8M
Gross Profit
N/A
Operating Profit
$18.3M
Net Profit
$14.7M
Gross Margin
N/A
Operating Margin
29.6%
Net Margin
23.7%
YoY Growth
69.2%
EPS
$0.97
Financial Flow
CHOICEONE FINANCIAL SERVICES INC Q3 2025 Financial Summary
CHOICEONE FINANCIAL SERVICES INC reported revenue of $61.8M for Q3 2025, with a net profit of $14.7M (23.7% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $61.8M |
|---|---|
| Net Profit | $14.7M |
| Gross Margin | N/A |
| Operating Margin | 29.6% |
| Report Period | Q3 2025 |
CHOICEONE FINANCIAL SERVICES INC Annual Revenue by Year
CHOICEONE FINANCIAL SERVICES INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $139.1M).
| Year | Annual Revenue |
|---|---|
| 2024 | $139.1M |
| 2023 | $25.1M |
| 2022 | $25.9M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.6M | $32.5M | $34.0M | $36.6M | $36.0M | $44.9M | $60.4M | $61.8M |
| YoY Growth | -4.7% | 1066.8% | 1117.9% | 1145.1% | 117.6% | 38.2% | 77.6% | 69.2% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.58B | $2.67B | $2.62B | $2.73B | $2.72B | $4.31B | $4.31B | $4.30B |
| Liabilities | $2.38B | $2.46B | $2.41B | $2.48B | $2.46B | $3.88B | $3.88B | $3.85B |
| Equity | $195.6M | $206.8M | $214.5M | $247.7M | $260.4M | $427.1M | $431.8M | $449.6M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-10.8M | $15.3M | $15.7M | $-6.4M | $24.0M | $-6.5M | $9.0M | $15.3M |