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ChoiceOne Financial COFS Gain on retained interest in Sandisk

Gain on retained interest in Sandisk at other companies

Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$19K+273%
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Ally FinancialALLY
CTB
Community Trust BancorpCTBI
Independent Bank Corp logo
Independent Bank CorpINDB
Old National Bancorp logo
Old National BancorpONB

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:EquitySecuritiesFvNiUnrealizedGainLoss.

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 on retained interest in sandisk?
ChoiceOne Financial (COFS) reported gain on retained interest in sandisk of $26K in Q1 2026.
How has ChoiceOne Financial's gain on retained interest in sandisk changed year-over-year?
ChoiceOne Financial's gain on retained interest in sandisk decreased by 75.7% year-over-year, from $107K to $26K.
What does gain on retained interest in sandisk mean?
This metric tracks the unrealized gains or losses on equity securities measured at fair value through net income. It captures the volatility of the institution's investment portfolio as market conditions change, impacting the bottom line without necessarily involving a cash transaction.