ChoiceOne Financial Services (COFS) Expected to Release Earnings on Wednesday

ChoiceOne Financial Services (NASDAQ:COFS) is projected to announce its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect the company to announce earnings of $0.9270 per share and revenue of $44.50 million for the quarter. Interested persons may visit the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Friday, November 6, 2026 at 6:00 AM ET.

ChoiceOne Financial Services (NASDAQ:COFS) last announced its quarterly earnings results on Friday, July 24th. The company reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.05). The firm had revenue of $41.64 million during the quarter, compared to the consensus estimate of $43.45 million. ChoiceOne Financial Services had a net margin of 22.77% and a return on equity of 12.04%. On average, analysts expect ChoiceOne Financial Services to post $3.65 EPS for the current fiscal year and $3.78 EPS for the next fiscal year.

ChoiceOne Financial Services Stock Up 1.0%

Shares of NASDAQ COFS opened at $34.60 on Tuesday. The company has a 50 day simple moving average of $33.30 and a 200 day simple moving average of $31.38. The firm has a market cap of $517.62 million, a PE ratio of 9.53 and a beta of 0.61. ChoiceOne Financial Services has a 1 year low of $26.63 and a 1 year high of $35.40. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.87 and a quick ratio of 0.87.

ChoiceOne Financial Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 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 of this dividend was Tuesday, September 15th. ChoiceOne Financial Services’s payout ratio is presently 31.96%.

Analyst Ratings Changes

Several brokerages have issued reports on COFS. Hovde Group upped their price target on shares of ChoiceOne Financial Services from $32.00 to $35.00 and gave the company a “market perform” rating in a research report on Monday, July 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of ChoiceOne Financial Services in a research note on Friday, September 25th. Finally, DA Davidson lifted their price target on shares of ChoiceOne Financial Services from $36.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $36.50.

ChoiceOne Financial Services Company Profile

ChoiceOne Financial Services, Inc (NASDAQ: COFS) is the bank holding company for ChoiceOne Bank, a community banking organization headquartered in Sparta, Michigan. The company serves individuals, families, farmers and businesses through a network of branches and digital banking channels primarily across western and central Michigan.

ChoiceOne Bank provides a range of traditional banking products and services, including checking and savings accounts, certificates of deposit, residential mortgages, home equity financing, consumer loans and commercial lending.