ChoiceOne Financial Services (COFS)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	98.98 mm	98.98 mm	98.98 mm	98.98 mm	98.98 mm	98.98 mm
Cash burn (monthly)	19.10 mm	3.91 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	85.80 mm	17.58 mm	n/a	n/a	n/a	n/a
Cash remaining	13.18 mm	81.40 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	0.7	20.8	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2025

COFS institutional ownership history Ownership history

43.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	101	93	+8.6%
Opened positions	17	16	+6.3%
Closed positions	9	11	-18.2%
Increased positions	31	43	-27.9%
Reduced positions	27	16	+68.8%

13F shares	Current	Prev Q	Change
Total value	187.62 bn	177.73 bn	+5.6%
Total shares	6.50 mm	6.25 mm	+4.0%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Fourthstone	1.09 mm	$31.67 bn	-4.3%
BLK BlackRock	898.13 k	$26.01 bn	+4.7%
Vanguard	806.51 k	$23.36 bn	+1.0%
Alliancebernstein	349.78 k	$10.13 bn	-2.8%
Geode Capital Management	330.67 k	$9.58 bn	+2.0%
STT State Street	280.47 k	$8.12 bn	+23.5%
Manufacturers Life Insurance Company, The	225.69 k	$6.54 bn	-0.2%
ProShare Advisors	204.64 k	$5.93 bn	-1.7%
Jacobs Asset Management	149.87 k	$4.34 bn	-6.5%
Gendell Jeffrey L	148.55 k	$4.30 bn	0.0%

Largest transactions	Shares	Bought/sold	Change
Two Sigma Investments	97.96 k	+65.76 k	+204.2%
STT State Street	280.47 k	+53.31 k	+23.5%
Fourthstone	1.09 mm	-49.44 k	-4.3%
Marshall Wace	43.36 k	+43.36 k	NEW
First Trust Advisors	50.99 k	+41.32 k	+427.1%
BLK BlackRock	898.13 k	+40.00 k	+4.7%
Squarepoint Ops	66.90 k	+32.60 k	+95.0%
Dimensional Fund Advisors	126.69 k	+31.36 k	+32.9%
GS The Goldman Sachs Group, Inc.	54.30 k	+28.21 k	+108.1%
Russell Investments	1.35 k	-27.59 k	-95.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

COFS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
11 Feb 26	Brian P Petty	Common Stock	Sell	Dispose S	No	No	29.56	15,000	443.40 k	91,107
9 Feb 26	Steven Theodore Krause	Common Stock	Gift	Acquire G	Yes	No	0	625	0.00	4,124
9 Feb 26	Steven Theodore Krause	Common Stock	Gift	Acquire G	Yes	No	0	625	0.00	1,285
9 Feb 26	Steven Theodore Krause	Common Stock	Gift	Acquire G	Yes	No	0	625	0.00	6,117
9 Feb 26	Steven Theodore Krause	Common Stock	Gift	Acquire G	Yes	No	0	625	0.00	6,116
9 Feb 26	Steven Theodore Krause	Common Stock	Gift	Dispose G	No	No	0	3,125	0.00	29,739.042
1 Jan 26	Greg L. Armock	Common Stock	Grant	Acquire A	Yes	No	29.52	648	19.13 k	44,404.295
1 Jan 26	Brophy Keith D.	Common Stock	Grant	Acquire A	Yes	No	29.52	423	12.49 k	12,435.199
1 Jan 26	Burns Harold J	Common Stock	Grant	Acquire A	No	No	29.52	614	18.13 k	24,648.586

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.