ChoiceOne Financial Services, Inc. (COFS) Return on equity 2022–2025
ChoiceOne Financial Services, Inc. (COFS) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
6.1%FY2025 · since FY2022: 14.7% → 6.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 6.1% | -4.2 pp |
| FY2024 | 10.3% | -0.6 pp |
| FY2023 | 10.9% | -3.8 pp |
| FY2022 | 14.7% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice