DA Davidson initiated coverage of ChoiceOne Financial Services with a rating of Buy and set a new price target of $37.00

Janney initiated coverage of ChoiceOne Financial Services with a rating of Neutral and set a new price target of $24.00

SPARTA, Mich., Aug. 23, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. announced today that its Board of Directors has declared a cash dividend on the Corporation's common stock of $0.27 per share. The cash dividend is payable to shareholders of record as of September 13, 2024, and will be paid on September 30, 2024. The dividend declared for the third quarter of 2024 is equal to the dividend paid in the second quarter of 2024 and $0.01 higher than the dividend paid in the third quarter of 2023. ChoiceOne Financial Services, Inc. is a financial holding company headqua

SPARTA, Mich., July 25, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ((", ChoiceOne", , NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended June 30, 2024.  Financial Highlights ChoiceOne reported net income of $6,586,000 and $12,220,000 for the three and six months ended June 30, 2024, compared to $5,213,000 and $10,846,000 for the same periods in 2023, representing annualized growth of 26.3% and 12.7%, respectively.Diluted earnings per share were $0.87 and $1.61 in the three and six months ended June 30, 2024, compa

SPARTA, Mich., May 29, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. announced today that its Board of Directors has declared a cash dividend on the Corporation's common stock of $0.27 per share. The cash dividend is payable to shareholders of record as of June 14, 2024, and will be paid on June 28, 2024. The dividend declared for the second quarter of 2024 is equal to the dividend paid in the first quarter of 2024 and $0.01 higher than the dividend paid in the second quarter of 2023. ChoiceOne Financial Services, Inc. is a financial holding company headquartered in

SPARTA, Mich., April 24, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ((", ChoiceOne", , NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended March 31, 2024.  Financial Highlights ChoiceOne reported net income of $5,634,000 for the three months ended March 31, 2024, compared to $5,633,000 for the same period in 2023.Diluted earnings per share were $0.74 in the three months ended March 31, 2024, compared to $0.75 per share in the same period in the prior year.Starting in May 2024, net interest income will be aided by f

SPARTA, Mich., Feb. 28, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. announced today that its Board of Directors has declared a cash dividend on the Corporation's common stock of $0.27 per share. The cash dividend is payable to shareholders of record as of March 15, 2024, and will be paid on March 29, 2024.  The dividend declared for the first quarter of 2024 is equal to the dividend paid in the fourth quarter of 2023 and $0.01 higher than the dividend paid in the first quarter of 2023. ChoiceOne Financial Services, Inc. is a financial holding company headquartered

SPARTA, Mich., Jan. 24, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ((", ChoiceOne", , NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended December 31, 2023.  Financial Highlights Founded in 1898, ChoiceOne Bank celebrated its 125th anniversary serving local Michigan communities. ChoiceOne celebrated this accomplishment by ringing the opening bell on the NASDAQ trading floor on October 30th, 2023.ChoiceOne reported net income of $5,293,000 and $21,261,000 for the three and twelve months ended December 31, 2023, comp

SPARTA, Mich., Nov. 29, 2023 /PRNewswire/ -- ChoiceOne Financial Services, Inc. announced today that its Board of Directors has declared a cash dividend on the Corporation's common stock of $0.27 per share. The cash dividend is payable to shareholders of record as of December 15, 2023 and will be paid on December 29, 2023. The dividend declared for the fourth quarter of 2023 is $0.01 higher than the dividend paid in the third quarter of 2023 and fourth quarter of 2022. ChoiceOne Financial Services, Inc. is a financial holding company headquartered in Sparta, Michigan and the p

SPARTA, Mich., Aug. 23, 2023 /PRNewswire/ -- ChoiceOne Financial Services, Inc. announced today that its Board of Directors has declared a cash dividend on the Corporation's common stock of $0.26 per share. The cash dividend is payable to shareholders of record as of September 15, 2023 and will be paid on September 29, 2023. The dividend declared for the third quarter of 2023 is equal to the dividend paid in the second quarter of 2023 and $0.01 higher than the dividend paid in the third quarter of 2022.   ChoiceOne Financial Services, Inc. is a financial holding company headqu

SPARTA, Mich., July 26, 2023 /PRNewswire/ -- ChoiceOne Financial Services, Inc. ((", ChoiceOne", , NASDAQ:COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended June 30, 2023.  Financial Highlights ChoiceOne reported net income of $5,213,000 and $10,846,000 for the three and six months ended June 30, 2023, compared to $5,615,000 and $11,143,000 for the same periods in 2022.Diluted earnings per share were $0.69 and $1.44 in the three and six months ended June 30, 2023, compared to $0.75 and $1.49 per share in the same periods in the prior

SPARTA, Mich., May 24, 2023 /PRNewswire/ -- ChoiceOne Financial Services, Inc. announced today that its Board of Directors has declared a cash dividend on the Corporation's common stock of $0.26 per share. The cash dividend is payable to shareholders of record as of June 15, 2023 and will be paid on June 30, 2023. The dividend declared for the second quarter of 2023 is equal to the dividend paid in the first quarter of 2023 and $0.01 higher than the dividend paid in the second quarter of 2022.  ChoiceOne Financial Services, Inc. is a financial holding company headquartered in

SPARTA, Mich. and FENTON, Mich., July 25, 2024 (GLOBE NEWSWIRE) -- ChoiceOne Financial Services, Inc. (NASDAQ:COFS) ("ChoiceOne"), the parent company of ChoiceOne Bank, and Fentura Financial, Inc. (OTCQX:FETM) ("Fentura"), the parent company of The State Bank, today announced the signing of a definitive merger agreement pursuant to which ChoiceOne and Fentura will merge in an all-stock transaction. The agreement was unanimously approved by the boards of directors of both companies. Once completed, the combination will create the third largest publicly traded bank in Michigan with approximately $4.3 billion in consolidated total assets and 56 offices in Western, Central and Southeastern

SPARTA, Mich. and FENTON, Mich., July 25, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc. (NASDAQ:COFS) ("ChoiceOne"), the parent company of ChoiceOne Bank, and Fentura Financial, Inc. (OTCQX:FETM) ("Fentura"), the parent company of The State Bank, today announced the signing of a definitive merger agreement pursuant to which ChoiceOne and Fentura will merge in an all-stock transaction. The agreement was unanimously approved by the boards of directors of both companies. Once completed, the combination will create the third largest publicly traded bank in Michigan with

SPARTA, Mich., Jan. 4, 2022 /PRNewswire/ -- The Board of Directors of ChoiceOne Financial Services, Inc. ((", ChoiceOne", , NASDAQ:COFS), the parent company of ChoiceOne Bank, announced effective January 1, 2022, Adom J. Greenland, who currently serves as Secretary and Chief Operating Officer of ChoiceOne and ChoiceOne Bank, will serve as Secretary, Chief Financial Officer and Treasurer of ChoiceOne and ChoiceOne Bank.  Greenland replaced Thomas L. Lampen, Senior Vice President and Chief Financial Officer, upon his retirement effective December 31, 2021.    "It is with great p

SPARTA, Mich., Dec. 6, 2021 /PRNewswire/ -- It is with great appreciation that ChoiceOne Financial Services, Inc. (NASDAQ:COFS) ("ChoiceOne") announces the retirement of Chairman Paul L. Johnson from the Boards of Directors of ChoiceOne and ChoiceOne Bank effective December 25. Effective upon Mr. Johnson's retirement, Jack G. Hendon has been appointed Chairman of both Boards of Directors, and Bradley F. McGinnis has been appointed to the ChoiceOne Board in addition to his service on the ChoiceOne Bank Board. "It's a poignant time for our company as we announce the retirement o

ChoiceOne Financial Services, Inc. (NASDAQ:COFS) ("ChoiceOne"), the parent company of ChoiceOne Bank, announced today the pricing of an underwritten public offering of 1,200,000 shares of its common stock at a price to the public of $25.00 per share, for gross proceeds of approximately $30.0 million. The net proceeds to ChoiceOne, after deducting the underwriting discounts but before deducting the estimated offering expenses payable by ChoiceOne, are expected to be approximately $28.2 million. ChoiceOne has granted the underwriter a 30-day option to purchase up to an additional 180,000 shares of Company common stock to cover over-allotments at the public offering price, less the underwriting

Under the terms of the merger agreement, each share of Fentura common stock outstanding immediately prior to completion of the merger will be converted into the right to receive 1.35 shares of ChoiceOne common stock. The proposed transaction is valued at $40.18 per share of Fentura common stock, or approximately $180.4 million in the aggregate, based on the closing price of ChoiceOne's common stock of $29.76 on July 24, 2024. For additional information about the proposed merger, please see the Investor Presentation – Merger, filed as Exhibit 99.4 to ChoiceOne's Form 8-K filed on July 25, 2024.

ChoiceOne Financial Services, Inc. (NASDAQ:COFS) ("ChoiceOne"), the parent company of ChoiceOne Bank, announced today that it has commenced an underwritten public offering of shares of its common stock. ChoiceOne also expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the offering. The offering is expected to raise an amount equal to at least $30.0 million. The proceeds from the offering will qualify as tangible common equity and Tier 1 common equity. ChoiceOne intends to use the net proceeds of this offering for general corporate purposes including supplementing regulatory capital ratios and in conjunction with its

ChoiceOne Finl Servs (NASDAQ:COFS) reported quarterly earnings of $0.74 per share which beat the analyst consensus estimate of $0.59 by 25.42 percent.

ChoiceOne Finl Servs (NASDAQ:COFS) reported quarterly earnings of $0.70 per share which beat the analyst consensus estimate of $0.64 by 9.37 percent.

  Tuesday saw 132 companies set new 52-week lows. Facts of Interest About Today's 52-Week Lows: Corning (NYSE:GLW) was the largest, in terms of market cap, to set a new 52-week low. Wheeler Real Estate IT (NASDAQ:WHLR) was the smallest company when considering market cap to set a new 52-week low. Fortress Biotech (NASDAQ:FBIO) saw the largest move of the companies, as shares plummetted 1350.03% to hit a new 52-week low. Insulet (NASDAQ:PODD)'s stock made the biggest bounce back, actually moving up 0.0% shortly after hitting a new 52-week low. Here are all the stocks that set new 52-week lows on Tuesday: Corning (NYSE:GLW) shares were up 0.2% for the day, having made a 52-week lo

  On Wednesday, 311 stocks hit new 52-week lows. Noteworthy Points From Today's 52-Week Lows: Bristol-Myers Squibb Company Common Stock (NYSE:BMY) is the largest company in terms of market cap to set a new 52-week low this morning. SenesTech, Inc. - Common Stock (NASDAQ:SNES) was the smallest company by market cap to set a new 52-week low. A10 Networks, Inc. Common Stock (NYSE:ATEN) saw the most pronounced move, as shares traded down 28.81% to hit its new 52-week low. Bank Of Montreal Common Stock (NYSE:BMO) was the biggest winner of the bunch, with shares actually trading up 0.0% after it rebounded from its new 52-week low. Stocks dropping to new 52-week lows on Wednesday: Bris

  On Monday, 369 companies set new 52-week lows. Intriguing Points From Today's 52-Week Lows: Danaher (NYSE:DHR) was the biggest company by market cap to set a new 52-week low. The smallest company in terms of market cap to set a new 52-week low was Ascent Solar Technologies (NASDAQ:ASTI). EBET (NASDAQ:EBET) saw the largest move of the companies, as shares plummetted 2955.38% to hit a new 52-week low. Fiserv (NYSE:FI) was the most promising stock of the group, with shares actually trading up 0.0% to bounce back after reaching its new 52-week low. Here are all the stocks that set new 52-week lows as of 10am on Monday: Danaher (NYSE:DHR) stock set a new 52-week low of $210.14 on M

Upgrades For Telos Corp (NASDAQ:TLS), Northland Capital Markets upgraded the previous rating of Market Perform to Outperform. In the second quarter, Telos showed an EPS of $0.03, compared to $0.04 from the year-ago quarter. The current stock performance of Telos shows a 52-week-high of $11.23 and a 52-week-low of $1.53. Moreover, at the end of the last trading period, the closing price was at $1.94. According to Maxim Group, the prior rating for Cyclo Therapeutics Inc (NASDAQ:CYTH) was changed from Hold to Buy. Cyclo Therapeutics earned $0.33 in the second quarter, compared to $0.41 in the year-ago quarter. At the moment, the stock has a 52-week-high of $2.57 and a 52-week-low of $0.67. C