Choiceone Financial
COFS

$26.98

5.47%

Market Cap: 204M

About: ChoiceOne Financial Services Inc is a full-service banking institution. It is engaged in the business of providing personal and business banking solutions, borrowing solutions, and treasury notes and bonds services. The bank's product and services portfolio consist of time, savings and demand deposits, safe deposit services, automated transaction machine services, commercial and consumer loans, commercial lending to business, industry, agricultural, construction, inventory, and real estate categories. Its primary market area is Kent, Muskegon, Newaygo, and Ottawa counties in western Michigan, and Lapeer, Macomb, and St. Clair counties in southeastern Michigan in the communities where the Bank's respective offices are located.

Employees: 402

Financials State Commercial Banks

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 9 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

29% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 14

0.78% more ownership

Funds ownership: 19.9% [Q4 2023] → 20.69% (+0.78%) [Q1 2024]

0% more funds holding

Funds holding: 52 [Q4 2023] → 52 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

3% less capital invested

Capital invested by funds: $44M [Q4 2023] → $42.8M (-$1.27M) [Q1 2024]

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Research analyst outlook

We haven’t received any recent analyst ratings for COFS.

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Financial journalist opinion

Based on 9 articles about COFS published over the past 30 days

COFS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of ChoiceOne Financial Services, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of ChoiceOne Financial Services, Inc. (NASDAQ: COFS) and Fentura Financial, Inc. is fair to ChoiceOne shareholders. Halper Sadeh encourages ChoiceOne shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether ChoiceOne and.

COFS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of ChoiceOne Financial Services, Inc. Is Fair to Shareholders

STOCKHOLDER ALERT: The M&A Class Action Firm Investigates Merger of ChoiceOne Financial Services, Inc. - COFS

NEW YORK , July 26, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating ChoiceOne Financial Services, Inc. (Nasdaq: COFS ), relating to its proposed merger with Fentura Financial, Inc. Under the terms of the agreement, ChoiceOne stockholders will receive 1.35 shares of Fentura stock per share of ChoiceOne stock they own.

STOCKHOLDER ALERT: The M&A Class Action Firm Investigates Merger of ChoiceOne Financial Services, Inc. - COFS

ChoiceOne Financial Services, Inc. Announces Closing of $34.5 Million Offering of Common Stock

SPARTA, Mich. , July 26, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. (NASDAQ: COFS) ("ChoiceOne"), the parent company of ChoiceOne Bank, today announced the closing of its underwritten public offering of 1,380,000 shares of its common stock at a price to the public of $25.00 per share, including 180,000 shares of common stock sold pursuant to the underwriter's option to purchase additional shares to cover over-allotments, which was exercised in full.

ChoiceOne Financial Services, Inc. Announces Closing of $34.5 Million Offering of Common Stock

Zacks Investment Research

ChoiceOne Financial Services, Inc. (COFS) Q2 Earnings and Revenues Surpass Estimates

ChoiceOne Financial Services, Inc. (COFS) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.69 per share a year ago.

ChoiceOne Financial Services, Inc. (COFS) Q2 Earnings and Revenues Surpass Estimates

ChoiceOne Financial Services, Inc. Announces Pricing of Common Stock Offering

SPARTA, Mich. , July 25, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. (NASDAQ: COFS) ("ChoiceOne"), the parent company of ChoiceOne Bank, announced today the pricing of an underwritten public offering of 1,200,000 shares of its common stock at a price to the public of $25.00 per share, for gross proceeds of approximately $30.0 million.

ChoiceOne Financial Services, Inc. Announces Pricing of Common Stock Offering

ChoiceOne Financial Services, Inc. Announces Commencement of Common Stock Offering

SPARTA, Mich. , July 25, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. (NASDAQ: COFS) ("ChoiceOne"), the parent company of ChoiceOne Bank, announced today that it has commenced an underwritten public offering of shares of its common stock.

ChoiceOne Financial Services, Inc. Announces Commencement of Common Stock Offering

ChoiceOne Financial Services, Inc. Announces Merger with Fentura Financial, Inc.

SPARTA, Mich. and FENTON, Mich.

ChoiceOne Financial Services, Inc. Announces Merger with Fentura Financial, Inc.

ChoiceOne Reports Second Quarter 2024 Results

SPARTA, Mich. , July 25, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ("ChoiceOne", NASDAQ: COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended June 30, 2024.

ChoiceOne Reports Second Quarter 2024 Results

ChoiceOne Bank and DPT Solutions Offer Metriciti, A Commercial Lending Platform Built for Community Banking

SPARTA, Mich. and GRAND RAPIDS, Mich.

ChoiceOne Bank and DPT Solutions Offer Metriciti, A Commercial Lending Platform Built for Community Banking

Zacks Investment Research

Should Value Investors Buy ChoiceOne Financial Services (COFS) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy ChoiceOne Financial Services (COFS) Stock?

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