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The latest update is out from ChoiceOne Financial Services ( (COFS) ).
On May 21, 2025, ChoiceOne Financial Services announced the retirement of Chairman Jack G. Hendon from the Boards of Directors, effective July 5, 2025, due to the company’s mandatory retirement policy. Hendon, who has been with ChoiceOne since 2013 and served as Chairman since 2021, is recognized for his significant contributions in accounting and finance. Gregory A. McConnell will succeed Hendon as Chairman, and Roxanne M. Page will assume the role of Vice Chairwoman, both effective July 5, 2025. McConnell brings extensive experience from his previous roles in banking and insurance, while Page offers substantial expertise in accounting and finance.
The most recent analyst rating on (COFS) stock is a Buy with a $37.00 price target. To see the full list of analyst forecasts on ChoiceOne Financial Services stock, see the COFS Stock Forecast page.
Spark’s Take on COFS Stock
According to Spark, TipRanks’ AI Analyst, COFS is a Outperform.
ChoiceOne Financial Services earns a solid overall score based on its strong financial performance and strategic expansion through the Fentura merger. The company’s robust revenue growth and lack of debt are significant strengths. However, technical indicators suggest a current bearish trend, which could present short-term challenges. The stock’s low valuation and attractive dividend yield add to its appeal, particularly for long-term investors.
To see Spark’s full report on COFS stock, click here.
More about ChoiceOne Financial Services
ChoiceOne Financial Services, Inc. is a financial holding company headquartered in Sparta, Michigan, with assets over $4 billion. It is the parent corporation of ChoiceOne Bank, which operates 56 offices in West, Central, and Southeast Michigan. The company offers insurance and investment products through its subsidiary, ChoiceOne Insurance Agencies, Inc., and its common stock is quoted on the Nasdaq Capital Market under the symbol ‘COFS.’
Average Trading Volume: 61,334
Technical Sentiment Signal: Buy
Current Market Cap: $457.2M
Learn more about COFS stock on TipRanks’ Stock Analysis page.
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