ChoiceOne Financial Services, Inc
ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides community banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, checking, and demand deposits, as well as certificates of deposit. It also provides commercial loans, such as business, industry, agricultural, construction, inventory, and real estate loans; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers safe deposit and automated transaction machine services; and alternative investment products, including annuities and mutual funds, as well as sells insurance policies, such as life and health for commercial and consumer clients. It operates 14 full-service offices in Kent, Ottawa, Muskegon, and Newaygo counties in Michigan. The company was founded in 1898 and is headquartered in Sparta, Michigan. Show More...
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Website http://www.choiceone.com
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Sector Financial Services
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Industry Banks-Regional
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Last Quote 29.58 USD
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Last Updated 30-05-2025
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 TTM Earnings Per Share USD 0.75 0.97 1.17 1.4 1.56 1.58 1.68 1.7 2.02 1.58 1.58 Dividends USD 0.44 0.44 0.45 0.49 0.54 0.6 0.62 0.64 0.71 0.8 0.8 Payout Ratio % * 57.8 50.0 38.7 36.3 34.9 34.8 39.8 35.5 36.6 47.6 50.6 Shares Mil 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 5.0 5.0 Book Value Per Share * USD 15.01 15.83 16.64 16.73 17.92 19.13 20.36 21.07 21.29 11.68 26.99 Free Cash Flow Per Share * USD 2.14 3.3 2.4 2.26 2.0 1.59 1.65 2.01 1.48 1.79 Return on Assets % 0.57 0.72 0.85 1.0 1.07 1.03 1.04 0.98 1.11 0.7 0.85 Financial Leverage (Average) 8.85 8.56 8.41 8.36 8.3 8.12 8.47 8.44 8.33 7.21 7.14 Return on Equity % 5.06 6.26 7.2 8.35 8.92 8.44 8.61 8.32 9.34 5.26 6.31 Return on Invested Capital % Interest Coverage Current Ratio Quick Ratio Debt/Equity 0.15 0.15 0.010 0.1 0.28 0.16 0.17 0.26 0.07 0.17 0.12