Choiceone Financial (COFS)

• Market cap: $438M
• 1 day: 0.14%
• 5 days: -5.33%
• 1 month: -11.60%
• 3 months: -21.41%
• 6 months: -2.97%
• Year to date: -15.96%
• 1 year: 10.81%
• 5 years: 5.55%
• 10 years: -9.03%
• Sector: Financials
• Industry: State Commercial Banks

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 Q4 regulatory filings by fund managers ($100M+ AUM)

425% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 8

175% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 4

25% more capital invested

Capital invested by funds: $93.2M [Q3] → $117M (+$23.5M) [Q4]

10% more funds holding

Funds holding: 70 [Q3] → 77 (+7) [Q4]

2.9% more ownership

Funds ownership: 33.67% [Q3] → 36.57% (+2.9%) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $39 34% upside
• Avg. target: $39 34% upside
• High target: $39 34% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

DA Davidson Jeff Rulis 23% 1-year accuracy 3 / 13 met price target

34% upside $39

Buy Maintained

27 Jan 2025