Filing Flows › Choiceone Financial Services (COFS) › Q2 2026 › vs Q1 2026
Choiceone Financial Services (COFS) Q2 2026 vs Q1 2026 (quarter over quarter)
Choiceone Financial Services's revenue fell $212K (-0.4%) from $59.1M in Q1 2026 to $58.9M in Q2 2026. Operating margin 25.5% against 28.2% (-2.7 pts).
Choiceone Financial Services, Q2 2026: revenue $58.9M (-3% year over year), operating margin 25.5%, net earnings $12.5M, operating cash flow $29.9M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 25.5% | 28.2% | -2.7 pts |
| Net margin | 21.2% | 23.2% | -2.0 pts |
| Free cash flow margin | 46.1% | -2.9% | +49.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $58.9M | $59.1M | −$212K | -0.4% |
| Operating profit | $15.0M | $16.7M | −$1.6M | -10% |
| Costs & expenses | $43.8M | $42.4M | $1.4M | +3% |
| Pre-tax earnings | $15.0M | $16.7M | −$1.6M | -10% |
| Sales & marketing | $279K | $264K | $15K | +6% |
| Other operating costs | $43.6M | $42.1M | $1.4M | +3% |
| Net earnings | $12.5M | $13.7M | −$1.2M | -9% |
| Income tax | $2.6M | $3.0M | −$405K | -14% |
| Depreciation & amortization | $2.5M | $2.6M | −$72K | -3% |
| Share-based compensation | $266K | $298K | −$32K | -11% |
| Working capital & other | $14.7M | −$16.7M | $31.5M | — |
| Operating cash flow | $29.9M | −$177K | $30.1M | — |
| Free cash flow (OCF − capex) | $27.1M | −$1.7M | $28.8M | — |
| Capital expenditures | $2.8M | $1.5M | $1.3M | +85% |
Questions
How much did Choiceone Financial Services's revenue grow quarter over quarter in Q2 2026?
Choiceone Financial Services's revenue fell $212K (-0.4%) from $59.1M in Q1 2026 to $58.9M in Q2 2026. Operating margin 25.5% against 28.2% (-2.7 pts).