COFSNasdaqState Commercial BanksFiscal year ends December 31
CHOICEONE FINANCIAL SERVICES INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$32.84−0.26 (-0.79%)
Close on Oct 19, 2026
- Market cap
- $492.81M
- P/E (TTM)
- 16.3
- Dividend yield
- 3.44%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
46.8%
7M of 15M shares
Institutional holders
127
25 new, 15 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
8 buys · 1 sales
Net sold $39.06K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 843,777 | 5.60% | 13G (passive) | Jun 30, 2025 |
| L. Phillip Stone, IV | 1,355,650 | 9.04% | 13G (passive) amendment | Mar 31, 2025 |
| Fourthstone LLC | 1,142,959 | 7.63% | 13G (passive) amendment | Jun 30, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of COFS | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 1,086,956 | 7.27% | $36.96M | +123,727 | 0.00% |
| Northern Trust Corp | 676,173 | 4.52% | $22.99M | −15,610 | 0.00% |
| Vanguard Capital Management LLC | 624,274 | 4.17% | $21.23M | −8,874 | 0.00% |
| State Street Corp | 447,442 | 2.99% | $15.21M | +126,269 | 0.00% |
| Geode Capital Management, LLC | 380,890 | 2.55% | $12.95M | +30,255 | 0.00% |
| Alliancebernstein L.P. | 342,635 | 2.29% | $9.63M | −15,860 | 0.00% |
| Dimensional Fund Advisors LP | 288,653 | 1.93% | $9.81M | +48,228 | 0.00% |
| Hotchkis & Wiley Capital Management LLC | 227,280 | 1.52% | $7.73M | +1,200 | 0.02% |
| Manufacturers Life Insurance Company, The | 219,602 | 1.47% | $7.47M | −1,678 | 0.01% |
| Aqr Capital Management LLC | 205,739 | 1.38% | $7.00M | +157,664 | 0.00% |
| Goldman Sachs Group Inc | 199,174 | 1.33% | $6.77M | +40,761 | 0.00% |
| American Century Companies Inc | 192,689 | 1.29% | $6.55M | +98,664 | 0.00% |
| Gendell Jeffrey L | 148,548 | 0.99% | $5.05M | – | 0.04% |
| Morgan Stanley | 110,600 | 0.74% | $3.76M | −13,201 | 0.00% |
| Vanguard Portfolio Management LLC | 101,910 | 0.68% | $3.46M | +19,705 | 0.00% |
| Marshall Wace, Llp | 100,803 | 0.67% | $3.43M | +15,704 | 0.00% |
| Nuveen, LLC | 92,779 | 0.62% | $3.15M | +37,273 | 0.00% |
| Vanguard Fiduciary Trust Co | 92,461 | 0.62% | $3.14M | +3,861 | 0.00% |
| Two Sigma Investments, LP | 88,459 | 0.59% | $3.01M | −58,220 | 0.00% |
| Segall Bryant & Hamill, LLC | 87,466 | 0.58% | $2.97M | New | 0.04% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 127 | 7M | 46.8% | 25 / 52 | 23 / 15 | 1M | 1M |
| Q1 2026 | 119 | 7M | 45.5% | 24 / 40 | 33 / 13 | 2M | 1M |
| Q4 2025 | 109 | 6M | 40.9% | 19 / 34 | 28 / 12 | 1M | 2M |
| Q3 2025 | 102 | 7M | 43.9% | 17 / 32 | 27 / 9 | 1M | 0M |
| Q2 2025 | 94 | 6M | 41.9% | 17 / 43 | 17 / 11 | 2M | 1M |
| Q1 2025 | 88 | 5M | 36.0% | 22 / 21 | 32 / 11 | 2M | 0M |
| Q4 2024 | 78 | 3M | 22.0% | 11 / 42 | 8 / 4 | 0M | 0M |
| Q3 2024 | 71 | 3M | 20.2% | 22 / 30 | 7 / 4 | 2M | 0M |
| Q2 2024 | 55 | 2M | 10.4% | 6 / 21 | 13 / 4 | 0M | 0M |
| Q1 2024 | 53 | 2M | 10.8% | 3 / 19 | 13 / 3 | 0M | 0M |
| Q4 2023 | 53 | 2M | 10.3% | 9 / 15 | 16 / 4 | 0M | 0M |
| Q3 2023 | 48 | 1M | 8.8% | 5 / 16 | 12 / 1 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of COFS | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 451,102 | 3.02% | $15.34M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 389,853 | 2.61% | $13.26M | 0.02% | Jun 30, 2026 |
| ProShares Russell 2000 Dividend Growers ETF | 220,846 | 1.48% | $6.93M | 1.06% | May 31, 2026 |
| Fidelity Small Cap Index Fund | 159,176 | 1.06% | $5.42M | 0.02% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 158,197 | 1.06% | $5.38M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 148,491 | 0.99% | $5.05M | 0.03% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P(R) Regional Banking ETF | 107,350 | 0.72% | $3.65M | 0.08% | Jun 30, 2026 |
| Regional Bank Fund | 104,791 | 0.70% | $3.57M | 0.37% | Jul 31, 2026 |
| Avantis U.S. Small Cap Value ETF | 97,252 | 0.65% | $3.05M | 0.01% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 74,453 | 0.50% | $2.34M | 0.01% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 73,501 | 0.49% | $2.31M | 0.01% | May 31, 2026 |
| College Retirement Equities Fund - Total Global Stock Account | 72,430 | 0.48% | $2.46M | 0.00% | Jun 30, 2026 |
| Goldman Sachs Small Cap Value Insights Fund | 68,071 | 0.46% | $2.32M | 0.18% | Jul 31, 2026 |
| U.S. Small Cap Portfolio | 57,623 | 0.39% | $1.96M | 0.01% | Jul 31, 2026 |
| Hotchkis and Wiley Small Cap Diversified Value Fund | 57,100 | 0.38% | $1.94M | 0.21% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Kelly Potes | Chief Executive Officer, Director | 48,939 | 0.33% | May 4, 2026 |
| Michael J. Burke Jr. | President, Director | 17,845 | 0.12% | May 4, 2026 |
| Bradley Henion | E.V.P. - ChoiceOne Bank (Sub.) | 4,827 | 0.03% | May 4, 2026 |
| Adom Greenland | Secretary | 21,491 | 0.14% | May 4, 2026 |
| Michelle M. Wendling | Director | 7,477 | 0.05% | Jul 6, 2026 |
| Curt E. Coulter | Director | 12,559 | 0.08% | Jul 6, 2026 |
| Brian P. Petty | Director | 92,187 | 0.62% | Jul 6, 2026 |
| Eric E. Burrough | Director | 181,477 | 1.21% | Jul 6, 2026 |
| Bradley F. McGinnis | Director | 29,520 | 0.20% | Jul 6, 2026 |
| Bruce John Essex Jr | Director | 250,503 | 1.67% | Jul 6, 2026 |
| Keith D. Brophy | Director | 22,000 | 0.15% | Jul 6, 2026 |
| Roxanne M. Page | Director | 9,475 | 0.06% | Jul 6, 2026 |
| Harold J. Burns | Director | 26,070 | 0.17% | Jul 6, 2026 |
| Randy D. Hicks | Director | 100,015 | 0.67% | Jul 6, 2026 |
| Gregory A. McConnell | Director | 37,446 | 0.25% | Jul 6, 2026 |
| Steven Theodore Krause | Director | 52,780 | 0.35% | Jul 6, 2026 |
| Greg L. Armock | Director | 63,884 | 0.43% | Jul 6, 2026 |
| Jack Hendon | Director | 30,030 | 0.20% | Jul 3, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Harold J. Burns Director | Jul 1, 2026 | Award | +489 | $34.00 | $16.63K | 26,070 |
| Roxanne M. Page Director | Jul 1, 2026 | Award | +202 | $34.00 | $6.87K | 7,322 |
| Keith D. Brophy Director | Jul 1, 2026 | Award | +345 | $34.00 | $11.73K | 13,444 |
| Randy D. Hicks Director | Jul 1, 2026 | Award | +489 | $34.00 | $16.63K | 100,015 |
| Bradley F. McGinnis Director | Jul 1, 2026 | Award | +489 | $34.00 | $16.63K | 14,219 |
| Eric E. Burrough Director | Jul 1, 2026 | Award | +489 | $34.00 | $16.63K | 181,477 |
| Brian P. Petty Director | Jul 1, 2026 | Award | +489 | $34.00 | $16.63K | 92,187 |
| Curt E. Coulter Director | Jul 1, 2026 | Award | +202 | $34.00 | $6.87K | 11,060 |
| Michelle M. Wendling Director | Jul 1, 2026 | Award | +202 | $34.00 | $6.87K | 7,477 |
| Greg L. Armock Director | Jul 1, 2026 | Award | +489 | $34.00 | $16.63K | 46,370 |
| Steven Theodore Krause Director | Jul 1, 2026 | Award | +489 | $34.00 | $16.63K | 17,528 |
| Gregory A. McConnell Director | Jul 1, 2026 | Award | +202 | $34.00 | $6.87K | 37,446 |
| Bruce John Essex Jr Director | Jul 1, 2026 | Award | +202 | $34.00 | $6.87K | 250,503 |
| Kelly Potes Chief Executive Officer, Director | Apr 30, 2026 | Tax withholding | −450 | $30.03 | $13.51K | 42,049 |
| Kelly Potes Chief Executive Officer, Director | Apr 30, 2026 | Award | +4,416 | – | – | 47,256 |
| Adom Greenland Secretary | Apr 30, 2026 | Award | +1,506 | – | – | 17,800 |
| Adom Greenland Secretary | Apr 30, 2026 | Tax withholding | −127 | $30.03 | $3.81K | 16,294 |
| Michael J. Burke Jr. President, Director | Apr 30, 2026 | Award | +2,439 | – | – | 13,512 |
| Michael J. Burke Jr. President, Director | Apr 30, 2026 | Tax withholding | −252 | $30.03 | $7.57K | 11,073 |
| Bradley Henion E.V.P. - ChoiceOne Bank (Sub.) | Apr 30, 2026 | Tax withholding | −137 | $30.03 | $4.11K | 4,827 |
| Bradley Henion E.V.P. - ChoiceOne Bank (Sub.) | Apr 30, 2026 | Award | +1,455 | – | – | 6,313 |
| Brian P. Petty Director | Apr 1, 2026 | Award | +591 | $28.12 | $16.62K | 91,698 |
| Eric E. Burrough Director | Apr 1, 2026 | Award | +591 | $28.12 | $16.62K | 180,988 |
| Bradley F. McGinnis Director | Apr 1, 2026 | Award | +591 | $28.12 | $16.62K | 13,730 |
| Randy D. Hicks Director | Apr 1, 2026 | Award | +591 | $28.12 | $16.62K | 99,526 |
| Steven Theodore Krause Director | Apr 1, 2026 | Award | +591 | $28.12 | $16.62K | 17,039 |
| Curt E. Coulter Director | Apr 1, 2026 | Award | +245 | $28.12 | $6.89K | 10,858 |
| Harold J. Burns Director | Apr 1, 2026 | Award | +591 | $28.12 | $16.62K | 25,581 |
| Bruce John Essex Jr Director | Apr 1, 2026 | Award | +244 | $28.12 | $6.86K | 250,301 |
| Michelle M. Wendling Director | Apr 1, 2026 | Award | +244 | $28.12 | $6.86K | 7,275 |
| Gregory A. McConnell Director | Apr 1, 2026 | Award | +244 | $28.12 | $6.86K | 37,244 |
| Roxanne M. Page Director | Apr 1, 2026 | Award | +244 | $28.12 | $6.86K | 7,120 |
| Keith D. Brophy Director | Apr 1, 2026 | Award | +418 | $28.12 | $11.75K | 13,099 |
| Greg L. Armock Director | Apr 1, 2026 | Award | +591 | $28.12 | $16.62K | 45,881 |
| Adom Greenland Secretary | Mar 12, 2026 | Buy | +500 | $27.40 | $13.70K | 3,690 |
| Eric E. Burrough Director | Mar 11, 2026 | Buy | +5,000 | $27.50 | $137.50K | 180,397 |
| Gregory A. McConnell Director | Mar 6, 2026 | Buy | +1,050 | $27.94 | $29.34K | 37,000 |
| Bradley F. McGinnis Director | Mar 3, 2026 | Buy | +1,000 | $29.15 | $29.15K | 15,301 |
| Michael J. Burke Jr. President, Director | Feb 27, 2026 | Buy | +250 | $28.58 | $7.15K | 2,891 |
| Gregory A. McConnell Director | Feb 13, 2026 | Buy | +1,000 | $29.00 | $29.00K | 35,950 |
| Gregory A. McConnell Director | Feb 13, 2026 | Buy | +550 | $29.10 | $16.01K | 34,950 |
| Brian P. Petty Director | Feb 11, 2026 | Sale | −15,000 | $29.56 | $443.40K | 91,107 |
| Steven Theodore Krause Director | Feb 9, 2026 | Gift | +625 | – | – | 1,285 |
| Steven Theodore Krause Director | Feb 9, 2026 | Gift | +625 | – | – | 6,117 |
| Steven Theodore Krause Director | Feb 9, 2026 | Gift | +625 | – | – | 4,124 |
| Steven Theodore Krause Director | Feb 9, 2026 | Gift | −3,125 | – | – | 29,739 |
| Steven Theodore Krause Director | Feb 9, 2026 | Gift | +625 | – | – | 6,116 |
| Gregory A. McConnell Director | Jan 1, 2026 | Award | +233 | $29.52 | $6.88K | 34,400 |
| Harold J. Burns Director | Jan 1, 2026 | Award | +614 | $29.52 | $18.13K | 24,649 |
| Michelle M. Wendling Director | Jan 1, 2026 | Award | +233 | $29.52 | $6.88K | 7,031 |
| Keith D. Brophy Director | Jan 1, 2026 | Award | +423 | $29.52 | $12.49K | 12,435 |
| Roxanne M. Page Director | Jan 1, 2026 | Award | +233 | $29.52 | $6.88K | 6,876 |
| Greg L. Armock Director | Jan 1, 2026 | Award | +648 | $29.52 | $19.13K | 44,404 |
| Bruce John Essex Jr Director | Jan 1, 2026 | Award | +233 | $29.52 | $6.88K | 250,057 |
| Brian P. Petty Director | Jan 1, 2026 | Award | +563 | $29.52 | $16.62K | 106,107 |
| Curt E. Coulter Director | Jan 1, 2026 | Award | +232 | $29.52 | $6.85K | 10,406 |
| Randy D. Hicks Director | Jan 1, 2026 | Award | +563 | $29.52 | $16.62K | 98,935 |
| Bradley F. McGinnis Director | Jan 1, 2026 | Award | +564 | $29.52 | $16.65K | 13,139 |
| Eric E. Burrough Director | Jan 1, 2026 | Award | +564 | $29.52 | $16.65K | 175,397 |
| Steven Theodore Krause Director | Jan 1, 2026 | Award | +564 | $29.52 | $16.65K | 16,283 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.