Choiceone Financial Services Inc Q3 FY2022 Earnings Call

Choiceone Financial Services Inc (COFS)

Earnings Call FY2022 Q3 Call date: 2022-10-26 Concluded

Quarter scorecard

Revenue

$2.90M

+5.6% YoY

Diluted EPS

$0.77

+2.7% YoY

Net income

$5.81M

+1.1% YoY

Interchange Income $1.31M

+2.2%

Service Charges and Fees on Deposit Accounts $1.15M

+17.9%

Trust Fee Income $174,000

-7%

Investment Commission Income $158,000

+3.3%

Other Charges and Fees for Customer Services $113,000

-26.1%

Buybacks (derived)

Shares repurchased