ChoiceOne Net Interest Income from 2010 to 2024

COFS Stock  USD 36.71  0.04  0.11%   
ChoiceOne Financial Net Interest Income yearly trend continues to be comparatively stable with very little volatility. Net Interest Income will likely drop to about 43.1 M in 2024. Net Interest Income is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. View All Fundamentals
 
Net Interest Income  
First Reported
2019-03-31
Previous Quarter
18.4 M
Current Value
20.2 M
Quarterly Volatility
4.1 M
 
Covid
Check ChoiceOne Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ChoiceOne Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.1 M, Interest Expense of 34.7 M or Selling General Administrative of 34.8 M, as well as many indicators such as Price To Sales Ratio of 2.6, Dividend Yield of 0.0281 or PTB Ratio of 1.35. ChoiceOne financial statements analysis is a perfect complement when working with ChoiceOne Financial Valuation or Volatility modules.
  
Check out the analysis of ChoiceOne Financial Correlation against competitors.

Latest ChoiceOne Financial's Net Interest Income Growth Pattern

Below is the plot of the Net Interest Income of ChoiceOne Financial Services over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. ChoiceOne Financial's Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ChoiceOne Financial's overall financial position and show how it may be relating to other accounts over time.
Net Interest Income10 Years Trend
Slightly volatile
   Net Interest Income   
       Timeline  

ChoiceOne Net Interest Income Regression Statistics

Arithmetic Mean32,531,493
Geometric Mean28,154,488
Coefficient Of Variation59.37
Mean Deviation16,719,991
Median20,563,000
Standard Deviation19,314,786
Sample Variance373.1T
Range49M
R-Value0.82
Mean Square Error131.3T
R-Squared0.67
Significance0.0002
Slope3,543,481
Total Sum of Squares5222.9T

ChoiceOne Net Interest Income History

202443.1 M
202365.9 M
202267.3 M
202160.6 M
202051.1 M
201927.8 M
201822.1 M

About ChoiceOne Financial Financial Statements

ChoiceOne Financial shareholders use historical fundamental indicators, such as Net Interest Income, to determine how well the company is positioned to perform in the future. Although ChoiceOne Financial investors may analyze each financial statement separately, they are all interrelated. The changes in ChoiceOne Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on ChoiceOne Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Interest Income65.9 M43.1 M

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Additional Tools for ChoiceOne Stock Analysis

When running ChoiceOne Financial's price analysis, check to measure ChoiceOne Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ChoiceOne Financial is operating at the current time. Most of ChoiceOne Financial's value examination focuses on studying past and present price action to predict the probability of ChoiceOne Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChoiceOne Financial's price. Additionally, you may evaluate how the addition of ChoiceOne Financial to your portfolios can decrease your overall portfolio volatility.