Choiceone FinancialCOFS
Market Cap: $271M
About: ChoiceOne Financial Services Inc is a full-service banking institution. It is engaged in the business of providing personal and business banking solutions, borrowing solutions, and treasury notes and bonds services. The bank's product and services portfolio consist of time, savings and demand deposits, safe deposit services, automated transaction machine services, commercial and consumer loans, commercial lending to business, industry, agricultural, construction, inventory, and real estate categories. Its primary market area is Kent, Muskegon, Newaygo, and Ottawa counties in western Michigan, and Lapeer, Macomb, and St. Clair counties in southeastern Michigan in the communities where the Bank's respective offices are located.
Employees: 402
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
62% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 13
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
2% more funds holding
Funds holding: 52 [Q1] → 53 (+1) [Q2]
2% more capital invested
Capital invested by funds: $43.1M [Q1] → $43.9M (+$801K) [Q2]
0.6% less ownership
Funds ownership: 20.87% [Q1] → 20.27% (-0.6%) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for COFS.