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ChoiceOne Financial COFS Loans held for sale activity

Loans held for sale activity at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
$57.66B-15.9%
Ally Financial logo
Ally FinancialALLY
$626M+27.8%
Huntington Bancshares logo
Huntington BancsharesHBAN
-$468M-569%
Financial Institutions logo
Financial InstitutionsFISI
$8.49M+74.0%
Capital City Bank Group logo
Capital City Bank GroupCCBG
$95.87M-0.9%
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$25.29M-0.9%

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:PaymentsForOriginationOfMortgageLoansHeldForSale.

The official record: ChoiceOne Financial’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ChoiceOne Financial's loans held for sale activity?
ChoiceOne Financial (COFS) reported loans held for sale activity of $19.53M in Q1 2026.
How has ChoiceOne Financial's loans held for sale activity changed year-over-year?
ChoiceOne Financial's loans held for sale activity increased by 61.0% year-over-year, from $12.13M to $19.53M.
What is the long-term trend for ChoiceOne Financial's loans held for sale activity?
Over 4 years (2021 to 2025), ChoiceOne Financial's loans held for sale activity has grown at a -25.3% compound annual growth rate (CAGR), from $197.39M to $61.52M.
What does loans held for sale activity mean?
Net change in mortgage and other loans originated for sale into the secondary market.