ChoiceOne Financial Services Inc reports results for the quarter ended June 30 - Earnings Summary
ChoiceOne Financial Services Inc reports results for the quarter ended June 30 - Earnings Summary
ChoiceOne Financial Services Inc COFS.OQ reported quarterly adjusted earnings of 83 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 91 cents. The mean expectation of three analysts for the quarter was for earnings of 88 cents per share. Wall Street expected results to range from 87 cents to 90 cents per share.
Revenue fell 2.8% to $41.64 million from a year ago; analysts expected $43.45 million.
ChoiceOne Financial Services Inc's reported EPS for the quarter was 83 cents.
The company reported quarterly net income of $12.46 million.
ChoiceOne Financial Services Inc shares had fallen by 1.0% this quarter and gained 14.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "hold."
Wall Street's median 12-month price target for ChoiceOne Financial Services Inc is $34.00, about 1% above its last closing price of $33.67
This summary was machine generated from LSEG data July 24 at 12:12 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.88 | 0.83 | Missed |
Mar. 31 2026 | 0.85 | 0.91 | Beat |
Dec. 31 2025 | 0.90 | 0.92 | Beat |
Sep. 30 2025 | 0.86 | 0.97 | Beat |
Recent news on ChoiceOne Financial Services
See all newsChoiceOne Financial Services Inc expected to post earnings of 93 cents a share - Earnings Preview
ChoiceOne Financial Services Inc reports results for the quarter ended June 30 - Earnings Summary
ChoiceOne Financial's Q2 profit falls on securities loss
ChoiceOne Financial Services Inc expected to post earnings of 88 cents a share - Earnings Preview
Brief: Choiceone Financial Services Inc Files Shelf For Up To $100 Million In Securities