Filing Flows › Choiceone Financial Services (COFS) › Q2 2025
Choiceone Financial Services (COFS) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Choiceone Financial Services (COFS) reported revenue of $60.4M for the second quarter 2025 (Q2 2025), +78% from a year earlier and +35% from the quarter before. Operating margin was 27.6%, net earnings $13.5M (22.4% of revenue).
Choiceone Financial Services, Q2 2025: revenue $60.4M (+78% year over year), operating margin 27.6%, net earnings $13.5M, operating cash flow $9.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $60.4M | +35% | +78% |
| Operating profit | $16.7M | — | +104% |
| Net earnings | $13.5M | — | +105% |
| Operating cash flow | $9.0M | — | -43% |
| Free cash flow | $6.9M | — | -55% |
What changed
Revenue was $60.4M in Q2 2025, up 78% year over year and up 35% from the previous quarter.
Operating profit was $16.7M, a 27.6% margin (up 3.6 points year over year). Of the extra revenue versus a year earlier, 32% reached operating profit, above the 24% margin then. Total costs grew 69% against revenue growth of 78%. The fastest-growing cost line was Other operating costs (+70%). Net earnings were $13.5M, up 105% year over year. The effective tax rate was 18.8%.
Operating cash flow was $9.0M (down 43% year over year), 66% of net earnings. Non-cash charges added back $2.6M of depreciation and amortization and $192K of share-based compensation. Working capital and other items used $7.4M. Capital expenditures of $2.1M left free cash flow of $6.9M.
Questions
What was Choiceone Financial Services' revenue in the second quarter 2025?
Choiceone Financial Services (COFS) reported revenue of $60.4M for the second quarter 2025 (Q2 2025), +78% from a year earlier and +35% from the quarter before.
Was Choiceone Financial Services profitable in the second quarter 2025?
Operating profit was $16.7M (27.6% of revenue) and net earnings $13.5M.