Skip to content

ChoiceOne Financial COFS Provision for Credit Losses

Provision for Credit Losses at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
$2.51B-24.1%
Capital City Bank Group logo
Capital City Bank GroupCCBG
$82K+125%
Civista Bancshares logo
Civista BancsharesCIVB
$844.25K-37.0%
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$500K-20.0%
Provident Financial Services logo
Provident Financial ServicesPFS
$2.54M+718%
Farmers National Banc Corp logo
Farmers National Banc CorpFMNB
-$1.01M-4,705%

Other financials

Income statement

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

Balance sheet

See full
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

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

Valuation

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

Profitability

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

Returns & leverage

See full
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:ProvisionForLoanLeaseAndOtherLosses.

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

Ask your AI about ChoiceOne Financial's provision for credit losses.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is ChoiceOne Financial's provision for credit losses?
ChoiceOne Financial (COFS) reported provision for credit losses of $0 in Q1 2026.
How has ChoiceOne Financial's provision for credit losses changed year-over-year?
ChoiceOne Financial's provision for credit losses decreased by 100.0% year-over-year, from $13.16M to $0.
What is the long-term trend for ChoiceOne Financial's provision for credit losses?
Over 4 years (2021 to 2025), ChoiceOne Financial's provision for credit losses has grown at a 144.3% compound annual growth rate (CAGR), from $416K to $14.81M.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.