GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ChoiceOne Financial Services Inc (NAS:COFS) » Definitions » Market Cap

ChoiceOne Financial Services (ChoiceOne Financial Services) Market Cap : $187.94 Mil (As of May. 01, 2024)


View and export this data going back to 2001. Start your Free Trial

What is ChoiceOne Financial Services Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). ChoiceOne Financial Services's share price for the quarter that ended in Dec. 2023 was $29.3. ChoiceOne Financial Services's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 7.55 Mil. Therefore, ChoiceOne Financial Services's market cap for the quarter that ended in Dec. 2023 was $221.16 Mil.

ChoiceOne Financial Services's quarterly market cap declined from Jun. 2023 ($173.30 Mil) to Sep. 2023 ($148.11 Mil) but then increased from Sep. 2023 ($148.11 Mil) to Dec. 2023 ($221.16 Mil).

ChoiceOne Financial Services's annual market cap increased from Dec. 2021 ($198.95 Mil) to Dec. 2022 ($217.97 Mil) and increased from Dec. 2022 ($217.97 Mil) to Dec. 2023 ($221.16 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. ChoiceOne Financial Services's Enterprise Value for Today is $283.38 Mil.


ChoiceOne Financial Services Market Cap Historical Data

The historical data trend for ChoiceOne Financial Services's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ChoiceOne Financial Services Market Cap Chart

ChoiceOne Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 231.55 240.21 198.95 217.97 221.16

ChoiceOne Financial Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 189.85 173.30 148.11 221.16 206.66

Competitive Comparison of ChoiceOne Financial Services's Market Cap

For the Banks - Regional subindustry, ChoiceOne Financial Services's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ChoiceOne Financial Services's Market Cap distribution charts can be found below:

* The bar in red indicates where ChoiceOne Financial Services's Market Cap falls into.



ChoiceOne Financial Services Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

ChoiceOne Financial Services's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$29.3*7.54822
=$221.16

ChoiceOne Financial Services's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$29.3*7.54822
=$221.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ChoiceOne Financial Services  (NAS:COFS) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


ChoiceOne Financial Services Market Cap Related Terms

Thank you for viewing the detailed overview of ChoiceOne Financial Services's Market Cap 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

From GuruFocus

ChoiceOne Financial Announces Cash Dividend

By PRNewswire PRNewswire 06-24-2022

Johnson Retirement McGinnis and Hendon Appointed

By PRNewswire PRNewswire 12-06-2021

ChoiceOne Bank Kicks Off Annual Scholarship Program

By PRNewswire PRNewswire 01-27-2023

ChoiceOne Financial Announces Cash Dividends

By PRNewswire PRNewswire 05-24-2023

ChoiceOne Financial Announces 14% Increase in Cash Dividend

By PRNewswire PRNewswire 08-30-2021

ChoiceOne Financial Announces 4% increase in Cash Dividend

By PRNewswire PRNewswire 11-30-2022

Choiceone Financial Services Inc (COFS) CEO Kelly Potes Bought $76,680 of Shares

By GuruFocus Research GuruFocus Editor 12-10-2021