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ChoiceOne Financial COFS Interchange Income

Interchange Income at other companies

First Financial Corporation logo
First Financial CorporationTHFF
$214K+18.9%
First Financial Corporation logo
First Financial CorporationTHFF
$214K+18.9%
Citizens Community Bancorp logo
Citizens Community BancorpCZWI
$556K-1.4%
Farmers & Merchants Bancorp logo
Farmers & Merchants BancorpFMAO
$1.35M+7.0%
Independent Bank Corporation logo
Independent Bank CorporationIBCP
$3.58M+5.5%
Orrstown Financial Services logo
Orrstown Financial ServicesORRF
$1.6M+11.2%

Other financials

Income statement

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Revenue$41.6M-2.8%
Net income$12.5M-7.9%
EPS (diluted)$0.83-7.8%

Balance sheet

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Cash & equivalents$88.6M-43.3%
Total debt$2.9M+360%
Total equity$482.7M+11.8%
Total assets$4.5B+3.4%

Cash flow

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Operating cash flow$29.9M+152%
CapEx$2.8M+35.6%
Free cash flow$27.1M+177%

Valuation

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Market cap$509.51M+17.2%
P/E9.3×-21.4×
P/S-0.6×

Profitability

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Net margin31.9%+20.4pp
FCF margin29.7%

Returns & leverage

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Return on equity12%+7.6pp
Debt / equity0.0×

Where this comes from

Reported directly by ChoiceOne Financial in its filing.

Tagged under the XBRL concept cofs:InterchangeIncome.

The source filing: ChoiceOne Financial’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-342347
(Dollars in thousands, except share data)Three Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Net interest income after provision36,14735,67272,78948,820
Noninterest income
Customer service charges1,7451,4013,4012,582
Interchange income2,1392,0834,0313,592
Insurance and investment commissions7205401,271835
Gains on sales of loans466355874799
Net gains (losses) on sales of securities(1,933)-(2,136)-
Net gains on sales and write downs of other assets97310613

Item 1. Financial Statements.

FAQ

What is ChoiceOne Financial's interchange income?
ChoiceOne Financial (COFS) reported interchange income of $2.14M in Q2 2026.
How has ChoiceOne Financial's interchange income changed year-over-year?
ChoiceOne Financial's interchange income increased by 2.7% year-over-year, from $2.08M to $2.14M.
What does interchange income mean?
Interchange Income as reported by CHOICEONE FINANCIAL.

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