ChoiceOne Financial Services (COFS) Expected to Announce Quarterly Earnings on Friday

ChoiceOne Financial Services (NASDAQ:COFS) is projected to issue its Q2 2026 results before the market opens on Friday, July 24th. Analysts expect ChoiceOne Financial Services to announce earnings of $0.88 per share and revenue of $43.45 million for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, July 22, 2026 at 12:30 PM ET.

ChoiceOne Financial Services (NASDAQ:COFS) last released its earnings results on Friday, April 24th. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.06. ChoiceOne Financial Services had a return on equity of 12.31% and a net margin of 23.07%.The company had revenue of $42.46 million during the quarter, compared to the consensus estimate of $42.70 million. On average, analysts expect ChoiceOne Financial Services to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

ChoiceOne Financial Services Stock Up 3.2%

NASDAQ:COFS opened at $34.62 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. ChoiceOne Financial Services has a 12-month low of $26.09 and a 12-month high of $35.40. The stock’s fifty day simple moving average is $32.18 and its 200-day simple moving average is $30.17. The firm has a market capitalization of $518.61 million, a P/E ratio of 9.36 and a beta of 0.59.

ChoiceOne Financial Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a $0.29 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.16 annualized dividend and a yield of 3.4%. ChoiceOne Financial Services’s dividend payout ratio is presently 31.35%.

Institutional Trading of ChoiceOne Financial Services

Several hedge funds have recently added to or reduced their stakes in the business. Legal & General Group Plc lifted its holdings in ChoiceOne Financial Services by 74.6% during the second quarter. Legal & General Group Plc now owns 1,297 shares of the company’s stock worth $37,000 after acquiring an additional 554 shares in the last quarter. Aquatic Capital Management LLC bought a new stake in shares of ChoiceOne Financial Services in the third quarter worth about $46,000. Tower Research Capital LLC TRC increased its holdings in shares of ChoiceOne Financial Services by 617.5% in the second quarter. Tower Research Capital LLC TRC now owns 2,260 shares of the company’s stock worth $65,000 after acquiring an additional 1,945 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of ChoiceOne Financial Services in the second quarter worth about $191,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of ChoiceOne Financial Services during the first quarter worth about $195,000. Institutional investors and hedge funds own 19.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on COFS. Wall Street Zen cut ChoiceOne Financial Services from a “buy” rating to a “hold” rating in a report on Sunday, March 22nd. Weiss Ratings raised ChoiceOne Financial Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, June 29th. Finally, DA Davidson increased their price target on shares of ChoiceOne Financial Services from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

ChoiceOne Financial Services Company Profile

ChoiceOne Financial Services, Inc is a bank holding company headquartered in Jackson, Michigan. Through its subsidiary, ChoiceOne Bank, it provides a full suite of banking and financial services to individuals, families, and businesses. The company’s primary operations are concentrated in community banking, spanning retail deposits, commercial and consumer lending, mortgage origination, and treasury management solutions.

ChoiceOne Bank offers checking and savings accounts, certificates of deposit, and online and mobile banking platforms designed to meet the needs of its customers.