ChoiceOne Financial Services (ChoiceOne Financial Services) FCF Yield % : 23.76 (As of May. 17, 2024)

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What is ChoiceOne Financial Services FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, ChoiceOne Financial Services's Trailing 12-Month Free Cash Flow is $49.11 Mil, and Market Cap is $206.69 Mil. Therefore, ChoiceOne Financial Services's FCF Yield % for today is 23.76%.

The historical rank and industry rank for ChoiceOne Financial Services's FCF Yield % or its related term are showing as below:

COFS' s FCF Yield % Range Over the Past 10 Years
Min: -8.18 Med: 8.6 Max: 54.03
Current: 23.76

During the past 13 years, the highest FCF Yield % of ChoiceOne Financial Services was 54.03%. The lowest was -8.18%. And the median was 8.60%.

COFS's FCF Yield % is ranked better than
76.36% of 1434 companies
in the Banks industry
Industry Median: 10.43 vs COFS: 23.76

ChoiceOne Financial Services's FCF Margin % for the quarter that ended in Mar. 2024 was 73.10%.

ChoiceOne Financial Services FCF Yield % Historical Data

The historical data trend for ChoiceOne Financial Services's FCF Yield % 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 FCF Yield % Chart

ChoiceOne Financial Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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3.64

2.76

17.56

20.12

19.10

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
FCF Yield %	Get a 7-Day Free Trial															17.16	34.29	83.39	-21.03	29.04

Competitive Comparison of ChoiceOne Financial Services's FCF Yield %

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

For the Banks industry and Financial Services sector, ChoiceOne Financial Services's FCF Yield % distribution charts can be found below:

* The bar in red indicates where ChoiceOne Financial Services's FCF Yield % falls into.

ChoiceOne Financial Services FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

ChoiceOne Financial Services's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	42.248	/	221.162846
	=	19.10%

ChoiceOne Financial Services's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	15.003	*	4	/	206.660429
	=	29.04%

ChoiceOne Financial Services FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

ChoiceOne Financial Services FCF Yield % Related Terms

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ChoiceOne Financial Services (ChoiceOne Financial Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ChoiceOne Financial Services Inc (NAS:COFS) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

109 East Division Street, Sparta, MI, USA, 49345

Website

https://www.choiceone.com

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