CHOICEONE FINANCIAL SERVICES INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $227.6M | $139.1M | $113.9M | $89.1M | — |
| Interest expense | — | — | $33.1M | $7.7M | $4.0M |
| Pretax income | $34.2M | $33.1M | $25.6M | $27.7M | $26.5M |
| Income tax expense | $6.0M | $6.4M | $4.3M | $4.0M | $4.5M |
| Net income | $28.2M | $26.7M | $21.3M | $23.6M | $22.0M |
| Balance Sheet | |||||
| Cash and equivalents | $88.0M | $96.8M | $55.4M | $43.9M | $31.9M |
| Total assets | $4.4B | $2.7B | $2.6B | $2.4B | $2.4B |
| Total liabilities | $3.9B | $2.5B | $2.4B | $2.2B | $2.1B |
| Stockholders' equity | $465.4M | $260.4M | $195.6M | $160.8M | $221.7M |
| Cash Flow Statement | |||||
| Cash from operations | $31.8M | $47.1M | $46.3M | $44.3M | $37.7M |
| Depreciation and amortization | $3.6M | $2.5M | $2.5M | $2.7M | $2.6M |
| Stock-based compensation | $883,000 | $720,000 | $1.0M | $958,000 | $812,000 |
| Capital expenditure | $6.6M | $1.7M | $4.2M | $1.2M | $2.8M |
| Free cash flow | $25.2M | $45.4M | $42.1M | $43.2M | $34.9M |
| Dividends paid | $16.9M | $9.0M | $7.9M | $7.6M | $7.2M |
| Share repurchases | $2.7M | $0 | $0 | $682,000 | $7.8M |
Shares outstanding 15.0M · Free float 93.5%
Annual filing data through FY ended December 31, 2025; float as of July 10, 2026.