COFS

Choiceone Financial Services, Inc.

Halal Rating :
Uncomfortable
See Details
Last Price $35.56 Last updated:
Market Cap $297.12m
7D Change 0.17%
1 Year Change 47.55%

Company Overview

Industries
  • Finance
  • Insurance
  • And Real Estate
  • Banking
  • State Commercial Banks – Fed Reserve System
Exchange Nasdaq
Next Earnings Date

ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides community banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, safe deposit, and automated transaction machine services. It also provides commercial loans, such as business, industry, agricultural, construction, inventory, and real estate loans.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $25.11m $11.44m $20.25m $11.44m 80.62% 100.00%
June 30, 2024 $22.45m $11.57m $18.37m $11.57m 81.82% 100.00%
March 31, 2024 $20.52m $11.96m $16.47m $11.96m 80.26% 100.00%

Company Impact

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Justification for our Halal Rating

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