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ChoiceOne Financial Services (ChoiceOne Financial Services) 3-Year Book Growth Rate : -3.80% (As of Dec. 2023)


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What is ChoiceOne Financial Services 3-Year Book Growth Rate?

ChoiceOne Financial Services's Book Value per Share for the quarter that ended in Dec. 2023 was $25.92.

During the past 12 months, ChoiceOne Financial Services's average Book Value per Share Growth Rate was 15.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was -3.80% per year. During the past 5 years, the average Book Value per Share Growth Rate was 0.80% per year. During the past 10 years, the average Book Value per Share Growth Rate was 4.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of ChoiceOne Financial Services was 31.80% per year. The lowest was -5.40% per year. And the median was 4.90% per year.


Competitive Comparison of ChoiceOne Financial Services's 3-Year Book Growth Rate

For the Banks - Regional subindustry, ChoiceOne Financial Services's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ChoiceOne Financial Services's 3-Year Book Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ChoiceOne Financial Services's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where ChoiceOne Financial Services's 3-Year Book Growth Rate falls into.



ChoiceOne Financial Services 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.


ChoiceOne Financial Services  (NAS:COFS) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


ChoiceOne Financial Services 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of ChoiceOne Financial Services's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


ChoiceOne Financial Services (ChoiceOne Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
109 East Division Street, Sparta, MI, USA, 49345
ChoiceOne Financial Services Inc is a full-service banking institution. It is engaged in the business of providing personal and business banking solutions, borrowing solutions, and treasury notes and bonds services. The bank's product and services portfolio consist of time, savings and demand deposits, safe deposit services, automated transaction machine services, commercial and consumer loans, commercial lending to business, industry, agricultural, construction, inventory, and real estate categories. Its primary market area is Kent, Muskegon, Newaygo, and Ottawa counties in western Michigan, and Lapeer, Macomb, and St. Clair counties in southeastern Michigan in the communities where the Bank's respective offices are located.
Executives
Greg L. Armock director 109 EAST DIVISION STREET, SPARTA MI 49345
Curt E Coulter director 109 EAST DIVISION STREET, SPARTA MI 49345
Burke Michael J Jr director, officer: President 109 EAST DIVISION STREET, SPARTA MI 49345
Essex Bruce John Jr director 109 EAST DIVISION STREET, SPARTA MI 49345
Gregory A Mcconnell director 109 EAST DIVISION STREET, SPARTA MI 49345
Adom Greenland officer: S.V.P. - ChoiceOne Bank (Sub.) 109 EAST DIVISION STREET, SPARTA MI 49345
Bradley F. Mcginnis director 109 EAST DIVISION STREET, SPARTA MI 49345
Jack Hendon director 109 EAST DIVISION STREET, SPARTA MI 49345
Eric E Burrough director 109 EAST DIVISION STREET, SPARTA MI 49345
Michelle M Wendling director 109 EAST DIVISION STREET, SPARTA MI 49345
David J Churchill director 109 EAST DIVISION STREET, SPARTA MI 49345
Kelly Potes officer: V.P. - ChoiceOne Insur. (Sub.) 109 EAST DIVISION STREET, SPARTA MI 49345
Lee A Braford officer: VP-ChoiceOne Bank (Subsidiary) 109 EAST DIVISION STREET, SPARTA MI 49345
Peter Batistoni officer: S.V.P. - ChoiceOne Bank (Sub.) 109 EAST DIVISION STREET, SPARTA MI 49345
Robert M Jamula officer: S.V.P. - ChoiceOne Bank (Sub) 109 EAST DIVISION STREET, SPARTA MI 49345

ChoiceOne Financial Services (ChoiceOne Financial Services) Headlines

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