ChoiceOne Financial Services (COFS) to Announce Earnings on Friday

ChoiceOne Financial Services (NASDAQ:COFS) is expected to release its Q2 2026 results before the market opens on Friday, July 24th. Analysts expect the company to announce earnings of $0.88 per share and revenue of $43.45 million for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 12:30 PM ET.

ChoiceOne Financial Services (NASDAQ:COFS) last posted its earnings results on Friday, April 24th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.85 by $0.06. ChoiceOne Financial Services had a net margin of 23.07% and a return on equity of 12.31%. The firm had revenue of $42.46 million for the quarter, compared to analysts’ expectations 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 Price Performance

Shares of NASDAQ COFS opened at $34.59 on Wednesday. The company has a market capitalization of $518.16 million, a PE ratio of 9.35 and a beta of 0.59. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The stock’s 50 day moving average price is $32.37 and its 200-day moving average price is $30.27. ChoiceOne Financial Services has a twelve month low of $26.09 and a twelve month high of $35.40.

ChoiceOne Financial Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Monday, June 15th. ChoiceOne Financial Services’s dividend payout ratio (DPR) is 31.35%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. DA Davidson boosted their price objective on ChoiceOne Financial Services from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Weiss Ratings upgraded ChoiceOne Financial Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, June 29th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, ChoiceOne Financial Services presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.00.

Institutional Trading of ChoiceOne Financial Services

Several hedge funds and other institutional investors have recently modified their holdings of COFS. Cubist Systematic Strategies LLC purchased a new stake in shares of ChoiceOne Financial Services during the 1st quarter valued at approximately $195,000. Empowered Funds LLC lifted its position in shares of ChoiceOne Financial Services by 8.1% during the first quarter. Empowered Funds LLC now owns 30,701 shares of the company’s stock worth $883,000 after acquiring an additional 2,312 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of ChoiceOne Financial Services during the first quarter worth $477,000. JPMorgan Chase & Co. boosted its holdings in shares of ChoiceOne Financial Services by 127.0% in the second quarter. JPMorgan Chase & Co. now owns 54,019 shares of the company’s stock worth $1,550,000 after acquiring an additional 30,220 shares during the period. Finally, Legal & General Group Plc grew its position in shares of ChoiceOne Financial Services by 74.6% in the second quarter. Legal & General Group Plc now owns 1,297 shares of the company’s stock valued at $37,000 after purchasing an additional 554 shares in the last quarter. Institutional investors own 19.90% of the company’s stock.

About ChoiceOne Financial Services

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.