COFSCHOICEONE FINANCIAL SERVICES INC
State Commercial Banks
- Revenue
- $19M
- 49% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear113% of net incomeCash flow under 80% of net income
- Dilutive SBCClear5% of revenueOver 10% of revenue
- Payouts exceed cash flowClear62% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear3% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | — | $89M | $114M | $13M | $19M | 49% |
| Net income | $22M | $24M | $21M | $27M | $28M | 5.4% |
| Operating cash flow | $38M | $44M | $46M | $47M | $32M | 32% |
| Capex | $3M | $1M | $4M | $2M | $7M | 288% |
| Stock-based comp | $812K | $958K | $1M | $720K | $883K | 23% |
| Buybacks | $8M | $682K | $0 | $0 | $3M | |
| Dividends | $7M | $8M | $8M | $9M | $17M | 88% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $29K · 1
- Open-market sells, 12 mo
- $0 · 0
- Net
- $29K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $1M | $984K | 117 | 196 |
| FY2024 | $888K | $872K | 136 | 148 |
| FY2023 | $722K | $715K | 107 | 108 |