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ChoiceOne Financial COFS Gain Loss On Sale Of Other Assets

Gain Loss On Sale Of Other Assets at other companies

Financial Institutions logo
Financial InstitutionsFISI
-$481K
First Community Bankshares logo
First Community BanksharesFCBC

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:GainLossOnSaleOfOtherAssets.

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 gain loss on sale of other assets?
ChoiceOne Financial (COFS) reported gain loss on sale of other assets of $9K in Q1 2026.
How has ChoiceOne Financial's gain loss on sale of other assets changed year-over-year?
ChoiceOne Financial's gain loss on sale of other assets decreased by 10.0% year-over-year, from $10K to $9K.
What is the long-term trend for ChoiceOne Financial's gain loss on sale of other assets?
Over 3 years (2021 to 2025), ChoiceOne Financial's gain loss on sale of other assets has grown at a 235.2% compound annual growth rate (CAGR), from $6K to -$226K.
What does gain loss on sale of other assets mean?
This metric represents the net gain or loss recognized from the disposal of non-core assets, such as property, equipment, or other investments not classified as loans or securities. It reflects the impact of asset management decisions on the income statement and can indicate the success of divestiture strategies or the impact of asset impairment.