Choiceone Financial Services annual operating expenses
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Choiceone Financial Services Operating Expenses Growth & History (COFS)
Choiceone Financial Services's operating expenses was $112.7M for fiscal 2025.
View full Choiceone Financial Services company overviewChoiceone Financial Services annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $112.7M | $54.0M | +91.98% |
| 2024 | 2024-12-31 | $58.7M | $3.6M | +6.63% |
| 2023 | 2023-12-31 | $55.1M | $1.6M | +2.98% |
| 2022 | 2022-12-31 | $53.5M | $557,000 | +1.05% |
| 2021 | 2021-12-31 | $52.9M | $2.0M | +4.00% |
| 2020 | 2020-12-31 | $50.9M | $22.4M | +78.69% |
| 2019 | 2019-12-31 | $28.5M | $8.0M | +39.17% |
| 2018 | 2018-12-31 | $20.5M | $1.1M | +5.83% |
| 2017 | 2017-12-31 | $19.3M | $362,000 | +1.91% |
| 2016 | 2016-12-31 | $19.0M | $696,000 | +3.81% |
| 2015 | 2015-12-31 | $18.3M | $1.5M | +8.82% |
| 2014 | 2014-12-31 | $16.8M | $130,000 | +0.78% |
| 2013 | 2013-12-31 | $16.7M | $220,000 | +1.34% |
| 2012 | 2012-12-31 | $16.4M | $656,000 | +4.16% |
| 2011 | 2011-12-31 | $15.8M | $539,000 | +3.53% |
| 2010 | 2010-12-31 | $15.2M | −$10,000 | −0.07% |
| 2009 | 2009-12-31 | $15.3M | — | — |
Choiceone Financial Services quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $26.1M | $545,000 | +2.14% |
| Q1 2026 | 2026-03-31 | $25.8M | −$9.9M | −27.73% |
| Q4 2025 | 2025-12-31 | $25.3M | $10.0M | +65.20% |
| Q3 2025 | 2025-09-30 | $26.2M | $10.8M | +70.04% |
| Q2 2025 | 2025-06-30 | $25.5M | $11.2M | +78.64% |
| Q1 2025 | 2025-03-31 | $35.7M | $22.0M | +160.63% |
| Q4 2024 | 2024-12-31 | $15.3M | $1.6M | +11.37% |
| Q3 2024 | 2024-09-30 | $15.4M | $1.7M | +12.30% |
| Q2 2024 | 2024-06-30 | $14.3M | $705,000 | +5.19% |
| Q1 2024 | 2024-03-31 | $13.7M | −$311,000 | −2.22% |
| Q4 2023 | 2023-12-31 | $13.8M | $563,000 | +4.26% |
| Q3 2023 | 2023-09-30 | $13.7M | $312,000 | +2.33% |
| Q2 2023 | 2023-06-30 | $13.6M | $416,000 | +3.16% |
| Q1 2023 | 2023-03-31 | $14.0M | $305,000 | +2.23% |
| Q4 2022 | 2022-12-31 | $13.2M | −$543,000 | −3.95% |
| Q3 2022 | 2022-09-30 | $13.4M | −$90,000 | −0.67% |
| Q2 2022 | 2022-06-30 | $13.2M | $28,000 | +0.21% |
| Q1 2022 | 2022-03-31 | $13.7M | $1.2M | +9.28% |
| Q4 2021 | 2021-12-31 | $13.8M | −$11,000 | −0.08% |
| Q3 2021 | 2021-09-30 | $13.5M | −$1.0M | −7.17% |
| Q2 2021 | 2021-06-30 | $13.1M | $979,000 | +8.06% |
| Q1 2021 | 2021-03-31 | $12.5M | $2.1M | +20.28% |
| Q4 2020 | 2020-12-31 | $13.8M | $2.8M | +25.14% |
| Q3 2020 | 2020-09-30 | $14.5M | $8.2M | +128.15% |
| Q2 2020 | 2020-06-30 | $12.2M | $6.4M | +110.86% |
| Q1 2020 | 2020-03-31 | $10.4M | $5.1M | +95.28% |
| Q4 2019 | 2019-12-31 | $11.0M | $5.7M | +106.67% |
| Q3 2019 | 2019-09-30 | $6.4M | $1.3M | +26.05% |
| Q2 2019 | 2019-06-30 | $5.8M | $648,000 | +12.67% |
| Q1 2019 | 2019-03-31 | $5.3M | $370,000 | +7.45% |
| Q4 2018 | 2018-12-31 | $5.3M | $229,000 | +4.49% |
| Q3 2018 | 2018-09-30 | $5.1M | $268,000 | +5.59% |
| Q2 2018 | 2018-06-30 | $5.1M | $335,000 | +7.01% |
| Q1 2018 | 2018-03-31 | $5.0M | $295,000 | +6.32% |
| Q4 2017 | 2017-12-31 | $5.1M | $490,000 | +10.64% |
| Q3 2017 | 2017-09-30 | $4.8M | $122,000 | +2.61% |
| Q2 2017 | 2017-06-30 | $4.8M | −$122,000 | −2.49% |
| Q1 2017 | 2017-03-31 | $4.7M | −$128,000 | −2.67% |
| Q4 2016 | 2016-12-31 | $4.6M | −$24,000 | −0.52% |
| Q3 2016 | 2016-09-30 | $4.7M | $67,000 | +1.46% |
| Q2 2016 | 2016-06-30 | $4.9M | $416,000 | +9.28% |
| Q1 2016 | 2016-03-31 | $4.8M | $237,000 | +5.20% |
| Q4 2015 | 2015-12-31 | $4.6M | $333,000 | +7.75% |
| Q3 2015 | 2015-09-30 | $4.6M | $373,000 | +8.82% |
| Q2 2015 | 2015-06-30 | $4.5M | $272,000 | +6.46% |
| Q1 2015 | 2015-03-31 | $4.6M | $504,000 | +12.43% |
| Q4 2014 | 2014-12-31 | $4.3M | $153,000 | +3.69% |
| Q3 2014 | 2014-09-30 | $4.2M | $151,000 | +3.70% |
| Q2 2014 | 2014-06-30 | $4.2M | −$68,000 | −1.59% |
| Q1 2014 | 2014-03-31 | $4.1M | −$106,000 | −2.55% |
| Q4 2013 | 2013-12-31 | $4.1M | −$108,000 | −2.54% |
| Q3 2013 | 2013-09-30 | $4.1M | −$89,000 | −2.14% |
| Q2 2013 | 2013-06-30 | $4.3M | $270,000 | +6.73% |
| Q1 2013 | 2013-03-31 | $4.2M | $147,000 | +3.66% |
| Q4 2012 | 2012-12-31 | $4.3M | $315,000 | +8.00% |
| Q3 2012 | 2012-09-30 | $4.2M | $249,000 | +6.36% |
| Q2 2012 | 2012-06-30 | $4.0M | −$56,000 | −1.38% |
| Q1 2012 | 2012-03-31 | $4.0M | $148,000 | +3.83% |
| Q4 2011 | 2011-12-31 | $3.9M | — | — |
| Q3 2011 | 2011-09-30 | $3.9M | −$8,000 | −0.20% |
| Q2 2011 | 2011-06-30 | $4.1M | $342,000 | +9.18% |
| Q1 2011 | 2011-03-31 | $3.9M | — | — |
| Q3 2010 | 2010-09-30 | $3.9M | — | — |
| Q2 2010 | 2010-06-30 | $3.7M | — | — |
Choiceone Financial Services operating expenses trends
Over the last five fiscal years, Choiceone Financial Services's operating expenses increased from $50.9M to $112.7M, a change of $61.9M. The latest reported quarter, Q2 2026, shows $26.1M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Choiceone Financial Services source filings ↗