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ChoiceOne Financial COFS Debt Issuance Proceeds

Debt Issuance Proceeds at other companies

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JPMorgan ChaseJPM
$49.9B+66.7%
Ally Financial logo
Ally FinancialALLY
$1.08B+4,404%
Huntington Bancshares logo
Huntington BancsharesHBAN
$5.36B+175%
Capital City Bank Group logo
Capital City Bank GroupCCBG
$0-100%
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$2.86M-23.1%
Provident Financial Services logo
Provident Financial ServicesPFS
$50M

Other financials

Income statement

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Revenue$42.5M+35.9%
Net income$13.7M+199%
EPS (diluted)$0.91+171%

Balance sheet

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Cash & equivalents$84.2M-39.6%
Total debt$2.9M+360%
Total equity$470.0M+10.1%
Total assets$4.4B+2.1%

Cash flow

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Operating cash flow-$177.0K+98.1%
CapEx$1.5M+82.5%
Free cash flow-$1.7M+83.4%

Valuation

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Market cap$490.73M+17.4%
P/E8.8×-49.4×
P/S2.8×-1.2×

Profitability

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Net margin32.3%+25.3pp
FCF margin19.5%

Returns & leverage

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Return on equity12.4%+10.2pp
Debt / equity0.0×

Where this comes from

Reported directly by ChoiceOne Financial in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromIssuanceOfLongTermDebt.

The official record: ChoiceOne Financial’s 10-K, filed March 11, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is ChoiceOne Financial's debt issuance proceeds?
ChoiceOne Financial (COFS) reported debt issuance proceeds of $78.75M in Q4 2024.
How has ChoiceOne Financial's debt issuance proceeds changed year-over-year?
ChoiceOne Financial's debt issuance proceeds decreased by 25.0% year-over-year, from $105M to $78.75M.
What is the long-term trend for ChoiceOne Financial's debt issuance proceeds?
Over 2 years (2022 to 2024), ChoiceOne Financial's debt issuance proceeds has grown at a -34.1% compound annual growth rate (CAGR), from $726M to $315M.
What does debt issuance proceeds mean?
Cash received from issuing bonds, notes, term loans, and other debt instruments in the capital markets or from bank lending.