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ChoiceOne Financial COFS Shares (Diluted)

Discontinued — last reported Q3 '24

Shares (Diluted) at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
2.7B-3.6%
Ally Financial logo
Ally FinancialALLY
313.2M+1.4%
Huntington Bancshares logo
Huntington BancsharesHBAN
2B+38.3%
Capital City Bank Group logo
Capital City Bank GroupCCBG
17.1M+0.2%
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
4.8M0.0%
Pioneer Bancorp, Inc. logo
Pioneer Bancorp, Inc.PBFS
24.3M-2.4%

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

Valuation

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Market cap$510.71M+18.2%
P/E9.3×-21.2×
P/S-0.5×

Profitability

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Net margin31.9%+20.4pp
FCF margin19.5%

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 us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding.

The source filing: ChoiceOne Financial’s 10-Q, filed November 8, 2024.

Filed
Nov 8, 2024
Fiscal quarter
Q3 FY2024
Calendar quarter
Q3 2024
Accession
0000950170-24-124039
(Dollars in thousands, except share data)Three Months Ended / September 30, 2024Three Months Ended / September 30, 2023Nine Months Ended / September 30, 2024Nine Months Ended / September 30, 2023
Weighted average common shares outstanding8,567,5487,537,9967,898,9387,528,887
Basic earnings per common shares$0.86$0.68$2.48$2.12
Diluted
Net income$7,348$5,122$19,568$15,968
Weighted average common shares outstanding8,567,5487,537,9967,898,9387,528,887
Plus dilutive stock options and restricted stock units47,95230,03845,20533,273
Weighted average common shares outstanding and potentially dilutive shares8,615,5007,568,0347,944,1437,562,160
Diluted earnings per common share$0.85$0.68$2.46$2.12

Item 1. Financial Statements.

FAQ

What is ChoiceOne Financial's shares (diluted)?
ChoiceOne Financial (COFS) reported shares (diluted) of 8.6M in Q3 2024.
How has ChoiceOne Financial's shares (diluted) changed year-over-year?
ChoiceOne Financial's shares (diluted) increased by 13.8% year-over-year, from 7.6M to 8.6M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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