ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides various banking services in the Michigan. The company offers time, savings, and demand deposits, safe deposits, and automated transaction machine services. It also provides commercial lending products, such as business, industry, agricultural, construction, inventory, commercial, consumer, and real estate loans; credit and other financial services; mortgage banking; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers insurance policies, such as life and health for commercial and consumer clients; and alternative investment products, which include annuities and mutual funds through a registered broker, as well as owns intellectual property for a fintech product. Further, it provides trust and wealth management services. It serves individual and business customers through its network of branches and ATMs. ChoiceOne Financial Services, Inc. was founded in 1898 and is headquartered in Sparta, Michigan.
Research context
ChoiceOne Financial Services Inc appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Financial Services
- Industry
- Banks - Regional
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5 years, 6 months ago
ChoiceOne Financial Services, Inc is currently in a long term downtrend where the price is trading 11.5% below its 200 day moving average.
From a valuation standpoint, the stock is 72.4% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.5.
ChoiceOne Financial Services, Inc's total revenue rose by 34.3% to $20M since the same quarter in the previous year.
Its net income has increased by 35.4% to $4M since the same quarter in the previous year.
Finally, its free cash flow grew by 718.7% to $28M since the same quarter in the previous year.
Based on the above factors, ChoiceOne Financial Services, Inc gets an overall score of 4/5.