Filing Flows › Choiceone Financial Services (COFS) › Q3 2025
Choiceone Financial Services (COFS) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 10, 2025
Choiceone Financial Services (COFS) reported revenue of $61.8M for the third quarter 2025 (Q3 2025), +69% from a year earlier and +2% from the quarter before. Operating margin was 29.6%, net earnings $14.7M (23.7% of revenue).
Choiceone Financial Services, Q3 2025: revenue $61.8M (+69% year over year), operating margin 29.6%, net earnings $14.7M, operating cash flow $15.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $61.8M | +2% | +69% |
| Operating profit | $18.3M | +10% | +98% |
| Net earnings | $14.7M | +8% | +100% |
| Operating cash flow | $15.3M | +71% | — |
| Free cash flow | $13.7M | +99% | — |
What changed
Revenue was $61.8M in Q3 2025, up 69% year over year and up 2% from the previous quarter.
Operating profit was $18.3M, a 29.6% margin (up 4.3 points year over year). Of the extra revenue versus a year earlier, 36% reached operating profit, above the 25% margin then. Total costs grew 59% against revenue growth of 69%. The fastest-growing cost line was Other operating costs (+60%). Net earnings were $14.7M, up 100% year over year. The effective tax rate was 19.9%.
Operating cash flow was $15.3M, 104% of net earnings. Non-cash charges added back $2.8M of depreciation and amortization and $242K of share-based compensation. Working capital and other items used $2.4M. Capital expenditures of $1.6M left free cash flow of $13.7M.
Questions
What was Choiceone Financial Services' revenue in the third quarter 2025?
Choiceone Financial Services (COFS) reported revenue of $61.8M for the third quarter 2025 (Q3 2025), +69% from a year earlier and +2% from the quarter before.
Was Choiceone Financial Services profitable in the third quarter 2025?
Operating profit was $18.3M (29.6% of revenue) and net earnings $14.7M.