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ChoiceOne Financial Services (ChoiceOne Financial Services) ROE % Adjusted to Book Value : 9.95% (As of Dec. 2023)


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What is ChoiceOne Financial Services ROE % Adjusted to Book Value?

ChoiceOne Financial Services's ROE % for the quarter that ended in Dec. 2023 was 11.24%. ChoiceOne Financial Services's PB Ratio for the quarter that ended in Dec. 2023 was 1.13. ChoiceOne Financial Services's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2023 was 9.95%.


ChoiceOne Financial Services ROE % Adjusted to Book Value Historical Data

The historical data trend for ChoiceOne Financial Services's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

ChoiceOne Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.35 7.03 10.91 9.39 10.33

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
ROE % Adjusted to Book Value 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 11.81 12.36 13.87 9.95 11.20

Competitive Comparison of ChoiceOne Financial Services's ROE % Adjusted to Book Value

For the Banks - Regional subindustry, ChoiceOne Financial Services's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ChoiceOne Financial Services's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where ChoiceOne Financial Services's ROE % Adjusted to Book Value falls into.



ChoiceOne Financial Services ROE % Adjusted to Book Value Calculation

ChoiceOne Financial Services's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=11.67% / 1.13
=10.33%

ChoiceOne Financial Services's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=11.24% / 1.13
=9.95%

* 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 ROE % Adjusted to Book Value Related Terms

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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

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