COFS Stock Analysis: ChoiceOne Financial | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 541m USD | 12M Return: 29.9% | US1703861062 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.05M
EPS Trend: 95.1%
Qual. Beats: 1
Rev. Trend: 86.9%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.8 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
ChoiceOne Financial Services is a Michigan-based bank holding company operating ChoiceOne Bank. It serves individual and business customers through branches and ATMs, offering deposit accounts, commercial and consumer loans, mortgage banking, trust and wealth management, and insurance and investment products.
As a regional bank, ChoiceOne’s business model centers on gathering deposits and making loans, with additional services that can generate fee income. The company was founded in 1898 and is headquartered in Sparta, Michigan.
- Deposit repricing pressures net interest margins as rates fall
- Michigan commercial real estate exposure drives credit costs
- Fentura merger synergies depend on successful integration and cost control
| Net Income: 54.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.86 > 1.0 |
| NWC/Revenue: -1.76k% < 20% (prev -1.73k%; Δ -31.40% < -1%) |
| CFO/TA 0.01 > 3% & CFO 59.1m > Net Income 54.6m |
| Net Debt (-338.6m) to EBITDA (54.4m): -6.22 < 3 |
| Current Ratio: 0.16 > 1.5 & < 3 |
| Outstanding Shares: last quarter (15.0m) vs 12m ago -0.88% < -2% |
| Gross Margin: 61.93% > 18% (prev 63.45%; Δ -1.52% > 0.5%) |
| Asset Turnover: 4.19% > 50% (prev 4.73%; Δ -0.54% > 0%) |
| Interest Coverage Ratio: 0.50 > 6 (EBIT TTM 34.5m / Interest Expense TTM 68.7m) |
| A: -0.72 (Total Current Assets 622.2m - Total Current Liabilities 3.85b) / Total Assets 4.46b |
| B: 0.03 (Retained Earnings 130.4m / Total Assets 4.46b) |
| C: 0.01 (EBIT TTM 34.5m / Avg Total Assets 4.38b) |
| D: 0.12 (Book Value of Equity 469.8m / Total Liabilities 3.99b) |
| Altman-Z'' = -4.47 = D |
As of November 12, 2026, the stock is trading at USD 36.67 with a total of 34,078 shares traded. Over the past week, the price has changed by -2.50%, over one month by +12.11%, over three months by +8.14% and over the past year by +29.93%.
Current recommended Stop Loss: 35.50 (which is 3.2% or 1.1 ATR below the current price).
ChoiceOne Financial has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy COFS.
- StrongBuy: 2
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 37.7 | 2.7% |
P/E Trailing = 9.8774
P/E Forward = 7.7942
P/S = 3.1918
P/B = 1.1257
Revenue TTM = 183.3m USD
EBIT TTM = 34.5m USD
EBITDA TTM = 54.4m USD
Long Term Debt = 68.5m USD (from longTermDebt, last fiscal year)
Short Term Debt = 245.0m USD (from shortTermDebt, last fiscal year)
Debt = 283.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -338.6m USD (calculated: Debt 283.6m - CCE 622.2m)
Enterprise Value = 202.2m USD (540.8m + Debt 283.6m - CCE 622.2m)
Interest Coverage Ratio = 0.50 (Ebit TTM 34.5m / Interest Expense TTM 68.7m)
EV/FCF = 3.65x (Enterprise Value 202.2m / FCF TTM 55.4m)
FCF Yield = 27.39% (FCF TTM 55.4m / Enterprise Value 202.2m)
FCF Margin = 30.22% (FCF TTM 55.4m / Revenue TTM 183.3m)
Net Margin = 29.78% (Net Income TTM 54.6m / Revenue TTM 183.3m)
Gross Margin = 61.93% ((Revenue TTM 183.3m - Cost of Revenue TTM 69.8m) / Revenue TTM)
Gross Margin QoQ = 70.93% (prev none%)
Tobins Q-Ratio = 0.05 (Enterprise Value 202.2m / Total Assets 4.46b)
Interest Expense / Debt = 24.21% (Interest Expense 68.7m / Debt 283.6m)
Taxrate = 17.62% (11.7m / 66.2m)
NOPAT = 28.4m (EBIT 34.5m * (1 - 17.62%))
Current Ratio = 0.16 (Total Current Assets 622.2m / Total Current Liabilities 3.85b)
Debt / Equity = 0.60 (Debt 283.6m / totalStockholderEquity, last quarter 469.8m)
Debt / EBITDA = -6.22 (Net Debt -338.6m / EBITDA 54.4m)
Debt / FCF = -6.12 (Net Debt -338.6m / FCF TTM 55.4m)
Total Stockholder Equity = 472.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.25% (Net Income 54.6m / Total Assets 4.46b)
RoE = 11.56% (Net Income TTM 54.6m / Total Stockholder Equity 472.0m)
RoCE = 6.39% (EBIT 34.5m / Capital Employed (Equity 472.0m + L.T.Debt 68.5m))
RoIC = 3.35% (NOPAT 28.4m / Invested Capital 849.9m)
WACC = 11.88% (E(540.8m)/V(824.4m) * Re(7.65%) + D(283.6m)/V(824.4m) * Rd(24.21%) * (1-Tc(0.18)))
Discount Rate = 7.65% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 87.96 | Cagr: 35.25%
[DCF] Terminal Value 67.43% ; FCFF base≈39.7m ; Y1≈45.5m ; Y5≈67.0m
[DCF] Fair Price = 64.23 (EV 619.6m - Net Debt -338.6m = Equity 958.3m / Shares 14.9m; r=11.88% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 95.14 | EPS CAGR: 12.09% | SUE: 1.87 | # QB: 1
Revenue Correlation: 86.94 | Revenue CAGR: 27.28% | SUE: 0.70 | # QB: 0
EPS current Quarter (2027-03-31): EPS=0.91 | Chg30d=+1.11% | Revisions=-25% | Analysts=3
EPS current Year (2026-12-31): EPS=3.77 | Chg30d=+2.82% | Revisions=+17% | GrowthEPS=+2.5% | GrowthRev=+7.8%
EPS next Year (2027-12-31): EPS=3.81 | Chg30d=+1.96% | Revisions=-25% | GrowthEPS=+1.1% | GrowthRev=+5.1%
[Analyst] Revisions Ratio: -12% (up=2, down=3)