ChoiceOne Financial Services Inc (COFS) - Total Assets
Based on the latest financial reports, ChoiceOne Financial Services Inc (COFS) holds total assets worth $4.41 Billion USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See shareholders equity of ChoiceOne Financial Services Inc for net asset value and shareholders' equity analysis.
ChoiceOne Financial Services Inc - Total Assets Trend (1994–2025)
This chart illustrates how ChoiceOne Financial Services Inc's total assets have evolved over time, based on quarterly financial data.
ChoiceOne Financial Services Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
ChoiceOne Financial Services Inc's total assets of $4.41 Billion consist of 14.6% current assets and 85.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.0% |
| Accounts Receivable | $11.00 Million | 0.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $31.15 Million | 0.7% |
| Goodwill | $129.85 Million | 2.9% |
Asset Composition Trend (1994–2025)
This chart illustrates how ChoiceOne Financial Services Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see ChoiceOne Financial Services Inc (COFS) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ChoiceOne Financial Services Inc's current assets represent 14.6% of total assets in 2025, an increase from 3.6% in 1994.
- Cash Position: Cash and equivalents constituted 2.0% of total assets in 2025, down from 2.8% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 1994.
- Asset Diversification: The largest asset category is goodwill at 2.9% of total assets.
ChoiceOne Financial Services Inc Competitors by Total Assets
Key competitors of ChoiceOne Financial Services Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bank of Ayudhya PCL
BK:BAY
|
Thailand | ฿2.59 Trillion |
|
First Merchants Corporation Depository Shares
NASDAQ:FRMEP
|
USA | $19.03 Billion |
|
Banco Santander (Brasil) S.A.
SA:SANB3
|
Brazil | R$1.26 Trillion |
|
Capitol Federal Financial Inc
NASDAQ:CFFN
|
USA | $9.78 Billion |
|
CB Financial Services Inc
NASDAQ:CBFV
|
USA | $1.55 Billion |
|
KB Financial Group Inc
F:KBIA
|
Germany | €796.06 Trillion |
|
Kraft Bank Asa
OL:KRAB
|
Norway | Nkr4.42 Billion |
|
Absa Group Ltd
JSE:ABG
|
South Africa | ZAC2.16 Trillion |
ChoiceOne Financial Services Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.61 | 0.24 | 0.47 |
| Quick Ratio | 2.61 | 0.24 | 0.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $396.72 Million | $-1.79 Billion | $-982.01 Million |
ChoiceOne Financial Services Inc - Advanced Valuation Insights
This section examines the relationship between ChoiceOne Financial Services Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.98 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 62.0% |
| Total Assets | $4.41 Billion |
| Market Capitalization | $449.91 Million USD |
Valuation Analysis
Below Book Valuation: The market values ChoiceOne Financial Services Inc's assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: ChoiceOne Financial Services Inc's assets grew by 62.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for ChoiceOne Financial Services Inc (1994–2025)
The table below shows the annual total assets of ChoiceOne Financial Services Inc from 1994 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $4.41 Billion | +61.96% |
| 2024-12-31 | $2.72 Billion | +5.69% |
| 2023-12-31 | $2.58 Billion | +8.00% |
| 2022-12-31 | $2.39 Billion | +0.81% |
| 2021-12-31 | $2.37 Billion | +23.31% |
| 2020-12-31 | $1.92 Billion | +38.47% |
| 2019-12-31 | $1.39 Billion | +106.72% |
| 2018-12-31 | $670.54 Million | +3.71% |
| 2017-12-31 | $646.54 Million | +6.45% |
| 2016-12-31 | $607.37 Million | +6.98% |
| 2015-12-31 | $567.75 Million | +3.29% |
| 2014-12-31 | $549.64 Million | +6.81% |
| 2013-12-31 | $514.58 Million | +1.11% |
| 2012-12-31 | $508.91 Million | +2.62% |
| 2011-12-31 | $495.91 Million | +3.20% |
| 2010-12-31 | $480.52 Million | +3.14% |
| 2009-12-31 | $465.92 Million | +0.51% |
| 2008-12-31 | $463.55 Million | -1.40% |
| 2007-12-31 | $470.15 Million | +0.75% |
| 2006-12-31 | $466.65 Million | +88.08% |
| 2005-12-31 | $248.11 Million | +6.81% |
| 2004-12-31 | $232.28 Million | +7.81% |
| 2003-12-31 | $215.47 Million | +1.48% |
| 2002-12-31 | $212.32 Million | +7.35% |
| 2001-12-31 | $197.79 Million | -1.69% |
| 2000-12-31 | $201.19 Million | +4.19% |
| 1999-12-31 | $193.11 Million | +13.19% |
| 1998-12-31 | $170.60 Million | +9.13% |
| 1997-12-31 | $156.33 Million | +10.30% |
| 1996-12-31 | $141.73 Million | +28.94% |
| 1995-12-31 | $109.92 Million | +3.56% |
| 1994-12-31 | $106.14 Million | -- |
About ChoiceOne Financial Services Inc
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… Read more