ChoiceOne Financial Services Inc (COFS) — Tangible Net Worth Ratio
ChoiceOne Financial Services Inc (COFS) has a Tangible Net Worth Ratio of 93.7% as of March 2026. This metric is calculated by deducting intangible assets ($29.46 Million) from net assets ($470.00 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See ChoiceOne Financial Services Inc net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
ChoiceOne Financial Services Inc Tangible Net Worth Ratio (1994–2025)
This chart shows how ChoiceOne Financial Services Inc's Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 93.7%, reflecting net assets of $470.00 Million with intangible assets of $29.46 Million USD. Also explore ChoiceOne Financial Services Inc (COFS) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for ChoiceOne Financial Services Inc (1994–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for ChoiceOne Financial Services Inc from 1994 to 2025, covering 32 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see ChoiceOne Financial Services Inc (COFS) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.0% | $465.35 Million | $27.99 Million | $4.41 Billion | ▼ -5.6 pp |
| 2024 | 99.6% | $260.42 Million | $1.10 Million | $2.72 Billion | ▲ +0.5 pp |
| 2023 | 99.1% | $195.63 Million | $1.85 Million | $2.58 Billion | ▲ +0.7 pp |
| 2022 | 98.3% | $168.87 Million | $2.81 Million | $2.39 Billion | ▲ +0.1 pp |
| 2021 | 98.2% | $221.67 Million | $3.96 Million | $2.37 Billion | ▲ +0.5 pp |
| 2020 | 97.7% | $227.27 Million | $5.27 Million | $1.92 Billion | ▲ +0.8 pp |
| 2019 | 96.9% | $192.14 Million | $6.01 Million | $1.39 Billion | ▼ -1.8 pp |
| 2018 | 98.7% | $80.48 Million | $1.05 Million | $670.54 Million | ▼ -0.1 pp |
| 2017 | 98.8% | $76.55 Million | $908.00K | $646.54 Million | ▼ -0.2 pp |
| 2016 | 99.0% | $71.70 Million | $697.00K | $607.37 Million | ▼ -0.4 pp |
| 2015 | 99.5% | $69.84 Million | $379.00K | $567.75 Million | ▲ +0.7 pp |
| 2014 | 98.8% | $66.19 Million | $827.00K | $549.64 Million | ▲ +0.8 pp |
| 2013 | 97.9% | $61.56 Million | $1.27 Million | $514.58 Million | ▲ +0.8 pp |
| 2012 | 97.2% | $60.51 Million | $1.72 Million | $508.91 Million | ▲ +0.9 pp |
| 2011 | 96.2% | $57.90 Million | $2.17 Million | $495.91 Million | ▲ +1.7 pp |
| 2010 | 94.5% | $54.31 Million | $2.97 Million | $480.52 Million | ▲ +1.3 pp |
| 2009 | 93.3% | $52.93 Million | $3.56 Million | $465.92 Million | ▲ +1.2 pp |
| 2008 | 92.1% | $52.19 Million | $4.12 Million | $463.55 Million | ▼ -7.9 pp |
| 2007 | 100.0% | $53.14 Million | $0.00 | $470.15 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $51.52 Million | $0.00 | $466.65 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $21.72 Million | $0.00 | $248.11 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $21.07 Million | $0.00 | $232.28 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $20.57 Million | $0.00 | $215.47 Million | ▲ +0.0 pp |
| 2002 | 100.0% | $19.36 Million | $0.00 | $212.32 Million | ▲ +0.0 pp |
| 2001 | 100.0% | $18.27 Million | $0.00 | $197.79 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $17.59 Million | $0.00 | $201.19 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $16.89 Million | $0.00 | $193.11 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $16.14 Million | $0.00 | $170.60 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $15.54 Million | $0.00 | $156.33 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $14.54 Million | $0.00 | $141.73 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $13.78 Million | $0.00 | $109.92 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $12.88 Million | $0.00 | $106.14 Million | — |