Filing Flows › Choiceone Financial Services (COFS) › Q2 2026
Choiceone Financial Services (COFS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Choiceone Financial Services (COFS) reported revenue of $58.9M for the second quarter 2026 (Q2 2026), -3% from a year earlier and -0.4% from the quarter before. Operating margin was 25.5%, net earnings $12.5M (21.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $58.9M | -0.4% | -3% |
| Operating profit | $15.0M | -10% | -10% |
| Net earnings | $12.5M | -9% | -8% |
| Operating cash flow | $29.9M | — | +152% |
| Free cash flow | $27.1M | — | +177% |
What changed
Revenue was $58.9M in Q2 2026, down 3% year over year and roughly flat from the previous quarter.
Operating profit was $15.0M, a 25.5% margin (down 2.0 points year over year). Total costs grew 0% against a revenue fall of 3%. Net earnings were $12.5M, down 8% year over year. The effective tax rate was 17.1%.
Operating cash flow was $29.9M (up 152% year over year), 240% of net earnings. Non-cash charges added back $2.5M of depreciation and amortization and $266K of share-based compensation. Working capital and other items added $14.7M. Capital expenditures of $2.8M left free cash flow of $27.1M.
Questions
What was Choiceone Financial Services' revenue in the second quarter 2026?
Choiceone Financial Services (COFS) reported revenue of $58.9M for the second quarter 2026 (Q2 2026), -3% from a year earlier and -0.4% from the quarter before.
Was Choiceone Financial Services profitable in the second quarter 2026?
Operating profit was $15.0M (25.5% of revenue) and net earnings $12.5M.