ChoiceOne Financial Services Inc COFS

Morningstar Rating
$29.44 −0.25 (0.84%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

COFS is trading within a range we consider fairly valued.
Price
$29.40
Fair Value
$16.78
Uncertainty
Very High
1-Star Price
$65.82
5-Star Price
$31.15
Economic Moat
Glm
Capital Allocation

News

Trading Information

Previous Close Price
$29.69
Day Range
$29.3330.29
52-Week Range
$15.8432.26
Bid/Ask
$11.81 / $47.21
Market Cap
$263.71 Mil
Volume/Avg
27,171 / 30,727

Key Statistics

Price/Earnings (Normalized)
9.80
Price/Sales
2.68
Dividend Yield (Trailing)
3.67%
Dividend Yield (Forward)
3.67%
Total Yield
3.67%

Company Profile

ChoiceOne Financial Services Inc is a full-service banking institution. It is engaged in the business of providing personal and business banking solutions, borrowing solutions, and treasury notes and bonds services. The bank's product and services portfolio consist of time, savings and demand deposits, safe deposit services, automated transaction machine services, commercial and consumer loans, commercial lending to business, industry, agricultural, construction, inventory, and real estate categories. Its primary market area is Kent, Muskegon, Newaygo, and Ottawa counties in western Michigan, and Lapeer, Macomb, and St. Clair counties in southeastern Michigan in the communities where the Bank's respective offices are located.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Small Value
Total Number of Employees
402

Comparables

Valuation

Metric
COFS
TRST
WBS
Price/Earnings (Normalized)
9.8012.448.12
Price/Book Value
1.040.940.92
Price/Sales
2.683.513.00
Price/Cash Flow
5.979.526.73
Price/Earnings
COFS
TRST
WBS

Financial Strength

Metric
COFS
TRST
WBS
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
COFS
TRST
WBS
Return on Assets (Normalized)
0.91%0.81%1.33%
Return on Equity (Normalized)
12.04%7.72%12.06%
Return on Invested Capital (Normalized)
Return on Assets
COFS
TRST
WBS

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