ChoiceOne Financial Services (COFS)
Market Price (2/27/2026): $29.53 | Market Cap: $443.4 MilSector: Financials | Industry: Regional Banks
ChoiceOne Financial Services (COFS)
Market Price (2/27/2026): $29.53Market Cap: $443.4 MilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.4%, FCF Yield is 8.5% | Weak multi-year price returns2Y Excs Rtn is -15%, 3Y Excs Rtn is -56% | Key risksCOFS key risks include [1] challenges and capital strain from its Fentura Financial merger, Show more. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 61% | ||
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 26% | ||
| Low stock price volatilityVol 12M is 30% | ||
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.4%, FCF Yield is 8.5% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 61% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 26% |
| Low stock price volatilityVol 12M is 30% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments. |
| Weak multi-year price returns2Y Excs Rtn is -15%, 3Y Excs Rtn is -56% |
| Key risksCOFS key risks include [1] challenges and capital strain from its Fentura Financial merger, Show more. |
Qualitative Assessment
AI Analysis | Feedback
ChoiceOne Financial Services (COFS) stock has gained about 5% since 10/31/2025 because of the following key factors:
1. Successful Integration of Fentura Merger and Strong Q4 2025 Earnings. ChoiceOne Financial Services reported robust fourth-quarter 2025 results on January 30, 2026, with diluted EPS of $0.92, surpassing consensus estimates by 12.8%. Net income nearly doubled year-over-year. This quarter marked the first "clean quarter" since the Fentura Financial merger, completed on March 1, 2025, with no material merger expenses remaining, eliminating a significant prior drag on earnings and investor uncertainty.
2. Net Interest Margin (NIM) Pressure and Increased Nonperforming Loans. Despite the strong headline earnings, ChoiceOne experienced a sequential decline in its net interest margin (NIM) by 14 basis points to 3.63% in Q4 2025 due to reduced rates on PRIME-linked loans and lower accretion income. Additionally, nonperforming loans to total loans increased to 0.98% from 0.69% in the previous quarter, with management attributing a portion of this increase to pre-identified loans from the Fentura acquisition. These factors likely introduced a degree of investor caution, tempering further stock appreciation.
Show more
1. Successful Integration of Fentura Merger and Strong Q4 2025 Earnings. ChoiceOne Financial Services reported robust fourth-quarter 2025 results on January 30, 2026, with diluted EPS of $0.92, surpassing consensus estimates by 12.8%. Net income nearly doubled year-over-year. This quarter marked the first "clean quarter" since the Fentura Financial merger, completed on March 1, 2025, with no material merger expenses remaining, eliminating a significant prior drag on earnings and investor uncertainty.
2. Net Interest Margin (NIM) Pressure and Increased Nonperforming Loans. Despite the strong headline earnings, ChoiceOne experienced a sequential decline in its net interest margin (NIM) by 14 basis points to 3.63% in Q4 2025 due to reduced rates on PRIME-linked loans and lower accretion income. Additionally, nonperforming loans to total loans increased to 0.98% from 0.69% in the previous quarter, with management attributing a portion of this increase to pre-identified loans from the Fentura acquisition. These factors likely introduced a degree of investor caution, tempering further stock appreciation.
Show more
Stock Movement Drivers
Fundamental Drivers
The 4.0% change in COFS stock from 10/31/2025 to 2/26/2026 was primarily driven by a 31.1% change in the company's Net Income Margin (%).| (LTM values as of) | 10312025 | 2262026 | Change |
|---|---|---|---|
| Stock Price ($) | 28.38 | 29.52 | 4.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 124 | 143 | 15.9% |
| Net Income Margin (%) | 11.4% | 15.0% | 31.1% |
| P/E Multiple | 30.1 | 20.6 | -31.4% |
| Shares Outstanding (Mil) | 15 | 15 | -0.1% |
| Cumulative Contribution | 4.0% |
Market Drivers
10/31/2025 to 2/26/2026| Return | Correlation | |
|---|---|---|
| COFS | 4.0% | |
| Market (SPY) | 1.1% | 29.1% |
| Sector (XLF) | 0.2% | 47.6% |
Fundamental Drivers
The 2.3% change in COFS stock from 7/31/2025 to 2/26/2026 was primarily driven by a 115.2% change in the company's Net Income Margin (%).| (LTM values as of) | 7312025 | 2262026 | Change |
|---|---|---|---|
| Stock Price ($) | 28.86 | 29.52 | 2.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 103 | 143 | 38.8% |
| Net Income Margin (%) | 7.0% | 15.0% | 115.2% |
| P/E Multiple | 42.9 | 20.6 | -51.8% |
| Shares Outstanding (Mil) | 11 | 15 | -28.9% |
| Cumulative Contribution | 2.3% |
Market Drivers
7/31/2025 to 2/26/2026| Return | Correlation | |
|---|---|---|
| COFS | 2.3% | |
| Market (SPY) | 9.4% | 36.1% |
| Sector (XLF) | 0.6% | 55.9% |
Fundamental Drivers
The -8.5% change in COFS stock from 1/31/2025 to 2/26/2026 was primarily driven by a -46.5% change in the company's Net Income Margin (%).| (LTM values as of) | 1312025 | 2262026 | Change |
|---|---|---|---|
| Stock Price ($) | 32.27 | 29.52 | -8.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 89 | 143 | 61.4% |
| Net Income Margin (%) | 28.0% | 15.0% | -46.5% |
| P/E Multiple | 11.1 | 20.6 | 85.7% |
| Shares Outstanding (Mil) | 9 | 15 | -42.9% |
| Cumulative Contribution | -8.5% |
Market Drivers
1/31/2025 to 2/26/2026| Return | Correlation | |
|---|---|---|
| COFS | -8.5% | |
| Market (SPY) | 15.5% | 45.8% |
| Sector (XLF) | 3.1% | 57.2% |
Fundamental Drivers
The 15.0% change in COFS stock from 1/31/2023 to 2/26/2026 was primarily driven by a 135.3% change in the company's P/E Multiple.| (LTM values as of) | 1312023 | 2262026 | Change |
|---|---|---|---|
| Stock Price ($) | 25.68 | 29.52 | 15.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 80 | 143 | 78.6% |
| Net Income Margin (%) | 27.4% | 15.0% | -45.3% |
| P/E Multiple | 8.8 | 20.6 | 135.3% |
| Shares Outstanding (Mil) | 8 | 15 | -50.0% |
| Cumulative Contribution | 15.0% |
Market Drivers
1/31/2023 to 2/26/2026| Return | Correlation | |
|---|---|---|
| COFS | 15.0% | |
| Market (SPY) | 75.9% | 31.0% |
| Sector (XLF) | 50.2% | 41.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| COFS Return | -11% | 14% | 5% | 26% | -14% | -0% | 16% |
| Peers Return | 35% | -2% | 10% | 19% | 5% | 11% | 103% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 85% |
Monthly Win Rates [3] | |||||||
| COFS Win Rate | 58% | 50% | 33% | 50% | 33% | 50% | |
| Peers Win Rate | 65% | 37% | 50% | 47% | 53% | 100% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 100% | |
Max Drawdowns [4] | |||||||
| COFS Max Drawdown | -24% | -24% | -42% | -23% | -29% | -6% | |
| Peers Max Drawdown | -1% | -19% | -32% | -14% | -15% | -1% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: IBCP, MBWM, HBNC, SRCE, FFBC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/26/2026 (YTD)
How Low Can It Go
| Event | COFS | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -44.0% | -25.4% |
| % Gain to Breakeven | 78.6% | 34.1% |
| Time to Breakeven | 62 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -49.4% | -33.9% |
| % Gain to Breakeven | 97.7% | 51.3% |
| Time to Breakeven | 1,693 days | 148 days |
| 2018 Correction | ||
| % Loss | -5.1% | -19.8% |
| % Gain to Breakeven | 5.4% | 24.7% |
| Time to Breakeven | 14 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -69.4% | -56.8% |
| % Gain to Breakeven | 227.1% | 131.3% |
| Time to Breakeven | 716 days | 1,480 days |
Compare to IBCP, MBWM, HBNC, SRCE, FFBC
In The Past
ChoiceOne Financial Services's stock fell -44.0% during the 2022 Inflation Shock from a high on 12/30/2022. A -44.0% loss requires a 78.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About ChoiceOne Financial Services (COFS)
ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides community banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, safe deposit, and automated transaction machine services. It also provides commercial loans, such as business, industry, agricultural, construction, inventory, and real estate loans; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers safe deposit and automated transaction machine services; and alternative investment products, including annuities and mutual funds, as well as sells insurance policies, such as life and health for commercial and consumer clients. It operates 32 full-service offices in Kent, Muskegon, Newaygo, and Ottawa, Lapeer, Macomb, and St. Clair counties, Michigan. The company also operates three loan production offices. ChoiceOne Financial Services, Inc. was founded in 1898 and is headquartered in Sparta, Michigan.
AI Analysis | Feedback
Here are 1-3 brief analogies for ChoiceOne Financial Services (COFS):
- Bank of America for West Michigan.
- A community-focused JPMorgan Chase, serving Michigan.
- PNC Bank, but operating exclusively within Michigan communities.
AI Analysis | Feedback
- Deposit Accounts: These include checking, savings, money market, and certificate of deposit accounts for individuals and businesses.
- Lending Services: The bank provides a variety of loans, such as commercial, consumer, and residential mortgage loans.
- Wealth Management: Services encompass investment management, trust administration, and financial planning.
- Treasury Management: This category offers solutions like cash management and merchant services for businesses.
AI Analysis | Feedback
ChoiceOne Financial Services (COFS) primarily serves a diverse base of individuals and businesses within its operating communities, rather than having a few "major customer companies" in the traditional sense of a supplier-buyer relationship. Its customer base can be broadly categorized as follows:
- Retail Banking Customers: Individuals and families seeking checking and savings accounts, mortgages, personal loans, credit cards, and other consumer banking products.
- Commercial Banking Customers: Small to medium-sized businesses, including local enterprises, seeking business checking and savings accounts, commercial real estate loans, equipment financing, lines of credit, and treasury management services.
- Wealth Management & Trust Clients: Individuals, families, and sometimes non-profit organizations requiring investment management, financial planning, estate planning, and trust services.
AI Analysis | Feedback
- Fiserv, Inc. (FI)
AI Analysis | Feedback
Kelly J. Potes, Chief Executive Officer & Director
Kelly J. Potes was appointed CEO of ChoiceOne Financial Services in June 2016 and has served as a director of ChoiceOne and ChoiceOne Bank since 2015. He previously served as the President of ChoiceOne from 2015 to 2019. Potes joined ChoiceOne in 1984, holding various management positions. In 1998, he departed to become the President and Owner of Kent-Ottawa Financial Advisors, Inc., a financial consulting firm. He returned to ChoiceOne in 2001 as Senior Vice President of Retail Services and General Manager of ChoiceOne Insurance Agencies, Inc., subsequently advancing into his current executive roles. Potes holds a Bachelor of Business Administration in Finance from Grand Valley State University and a Certified Financial Planner (CFP®) designation. He is also a graduate of the ABA Stonier Graduate School of Banking in partnership with the Wharton School of the University of Pennsylvania.
Adom J. Greenland, Chief Financial Officer, Executive Vice President, Secretary & Treasurer
Adom J. Greenland was appointed Secretary, Chief Financial Officer, and Treasurer of ChoiceOne Financial Services, Inc. and ChoiceOne Bank, effective January 1, 2022. He succeeded Thomas L. Lampen upon his retirement. Prior to this role, Greenland served as Secretary and Chief Operating Officer. He has been a Senior Vice President of ChoiceOne Bank since November 2015 and a Vice President since 2013. Before joining ChoiceOne, Greenland worked as a Senior Manager with PricewaterhouseCoopers, a global accounting and consulting firm, and is a Certified Public Accountant (CPA).
Michael J. Burke Jr., President & Director
Michael J. Burke Jr. serves as President and Director of ChoiceOne Financial Services, Inc. He is a key member of the executive leadership team, contributing to strategic planning and operational oversight, and is instrumental in driving the company's vision and growth. Burke also served as President and Chief Executive Officer of Lakestone Bank and Trust.
Bradley A. Henion, Executive Vice President & Chief Lending Officer
Bradley A. Henion holds the position of Executive Vice President and Chief Lending Officer at ChoiceOne Financial Services.
Shelly M. Childers, Senior Vice President & Chief Information Officer
Shelly M. Childers is the Senior Vice President and Chief Information Officer for ChoiceOne Financial Services.
AI Analysis | Feedback
ChoiceOne Financial Services (COFS) faces several key risks to its business operations and financial performance. The most significant risk stems from its recently announced merger with Fentura Financial, Inc. The completion of this proposed merger, along with its expected financial results and other associated plans, is subject to a range of inherent risks and uncertainties. These typically include challenges in integrating operations, potential difficulties in realizing anticipated synergies, and navigating regulatory approvals. Furthermore, a decline in ChoiceOne's total risk-based capital ratio in the second quarter of 2025 was primarily attributed to the impact of this merger. A second key risk is the potential for one-off losses to significantly diminish profit margins. In the twelve months leading up to September 2025, ChoiceOne Financial Services experienced a substantial one-off loss of $17.7 million. This event sharply reduced its net profit margins from 27.2% to 13%, illustrating how extraordinary items can disrupt the stable profits typically expected of community banks. Finally, ChoiceOne Financial Services faces a risk related to its revenue growth lagging behind the broader banking sector. The company's revenue is projected to grow at an annual rate of 6%, which is considerably below the 10% anticipated pace for the wider U.S. market. This indicates that ChoiceOne's earnings growth may rely more on cost management or margin recovery rather than robust top-line expansion, potentially becoming a headwind if investors increasingly demand higher growth for the current share price.AI Analysis | Feedback
The rapid emergence and expansion of digitally native financial technology (fintech) companies, neobanks, and large technology companies entering core banking services represents a clear emerging threat. These new entrants leverage advanced digital platforms, superior user experiences, and often lower cost structures to attract customers who traditionally rely on community banks like ChoiceOne Financial Services. This competition redefines customer expectations for convenience, speed, and accessibility in banking, putting pressure on established institutions to accelerate digital transformation or risk losing market share in deposits, lending, and payment services.
AI Analysis | Feedback
For ChoiceOne Financial Services (COFS), the addressable markets for its main products and services in its operational region of Michigan are as follows:
- Commercial Banking: The market size of the Commercial Banking industry in Michigan is $23.6 billion in 2025.
- Mortgage Lending: Mortgage lenders combined originated $54.5 billion in volume in Michigan in 2022.
- Personal Banking (deposits, consumer loans): null
- Wealth Management: null
- Insurance and Investment Products: null
AI Analysis | Feedback
Here are 3-5 expected drivers of future revenue growth for ChoiceOne Financial Services (COFS) over the next 2-3 years:- Recovery and Expansion of Loan Portfolio: ChoiceOne Financial Services is expected to see its loans begin recovering by next year, which will directly contribute to an increase in net interest income, a primary component of its revenue.
- Sustained Organic Growth in Core Banking Services: Analysts forecast ChoiceOne Financial Services' revenue to grow at a 6% rate annually, with some identifying strong revenue growth as a significant strength. This indicates a continued ability to attract new customers and deepen relationships with existing ones across its traditional banking products and services within its established markets.
- Strategic Deployment of Capital through Effective Leverage Management: The company's effective leverage management is noted as a significant strength. This capability allows ChoiceOne Financial Services to optimize its capital structure and efficiently deploy funds to support loan growth and other revenue-generating activities, thereby enabling overall revenue expansion.
AI Analysis | Feedback
Share Repurchases
- ChoiceOne Financial Services had an authorized share repurchase plan from April 2021, amended in 2022, allowing for the repurchase of up to 375,388 shares, representing 5% of total outstanding shares at the plan's adoption. As of December 31, 2024, all 375,388 shares remained available for repurchase, as no shares were bought back under this plan in 2024.
Share Issuance
- On March 1, 2025, ChoiceOne issued 6,070,836 shares of common stock, valued at $193.0 million, as part of its merger with Fentura Financial, Inc.
- On July 26, 2024, the company generated $34.5 million in aggregate gross proceeds (before deducting discounts and estimated offering expenses) from the sale of 1,380,000 shares of common stock at $25.00 per share.
Outbound Investments
- ChoiceOne Financial Services completed the merger with Fentura Financial, Inc. on March 1, 2025, followed by the consolidation of The State Bank (Fentura's subsidiary) into ChoiceOne Bank on March 14, 2025.
- This merger resulted in ChoiceOne acquiring approximately $1.8 billion in total assets, $1.4 billion in loans, and $1.4 billion in deposits.
- The combined entity now operates with assets over $4 billion and 56 offices across West, Central, and Southeast Michigan.
Capital Expenditures
- As of June 30, 2025, ChoiceOne Financial Services reported capital expenditures of -$3.8 million.
- The average annual capital expenditures growth rates for ChoiceOne Financial Services Inc have been -24% over the past three years and -23% over the past five years.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Can ChoiceOne Financial Services Stock Hold Up When Markets Turn? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to COFS.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 01302026 | FDS | FactSet Research Systems | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -18.8% | -18.8% | -25.3% |
| 01302026 | PFSI | PennyMac Financial Services | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -6.9% | -6.9% | -9.3% |
| 01302026 | ALLY | Ally Financial | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -1.9% | -1.9% | -5.5% |
| 01232026 | FIS | Fidelity National Information Services | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -18.9% | -18.9% | -22.6% |
| 01022026 | MORN | Morningstar | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -18.1% | -18.1% | -26.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 32.73 |
| Mkt Cap | 0.9 |
| Rev LTM | 231 |
| Op Inc LTM | - |
| FCF LTM | 71 |
| FCF 3Y Avg | 64 |
| CFO LTM | 79 |
| CFO 3Y Avg | 71 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 9.1% |
| Rev Chg 3Y Avg | 9.1% |
| Rev Chg Q | 12.6% |
| QoQ Delta Rev Chg LTM | 2.9% |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 32.7% |
| CFO/Rev 3Y Avg | 38.9% |
| FCF/Rev LTM | 30.5% |
| FCF/Rev 3Y Avg | 36.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.9 |
| P/S | 3.4 |
| P/EBIT | - |
| P/E | 10.7 |
| P/CFO | 9.2 |
| Total Yield | 11.8% |
| Dividend Yield | 2.8% |
| FCF Yield 3Y Avg | 11.4% |
| D/E | 0.4 |
| Net D/E | -0.6 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 3.4% |
| 3M Rtn | 10.7% |
| 6M Rtn | 8.8% |
| 12M Rtn | 11.4% |
| 3Y Rtn | 42.1% |
| 1M Excs Rtn | 4.4% |
| 3M Excs Rtn | 11.0% |
| 6M Excs Rtn | 2.9% |
| 12M Excs Rtn | -5.5% |
| 3Y Excs Rtn | -30.6% |
Price Behavior
Price Behavior
| Market Price | $29.52 | |
| Market Cap ($ Bil) | 0.4 | |
| First Trading Date | 02/23/2007 | |
| Distance from 52W High | -8.4% | |
| 50 Days | 200 Days | |
| DMA Price | $29.49 | $29.17 |
| DMA Trend | up | down |
| Distance from DMA | 0.1% | 1.2% |
| 3M | 1YR | |
| Volatility | 28.3% | 29.7% |
| Downside Capture | 64.00 | 86.69 |
| Upside Capture | 41.59 | 69.26 |
| Correlation (SPY) | 26.8% | 45.7% |
COFS Betas & Captures as of 1/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.20 | 0.73 | 0.66 | 0.99 | 0.70 | 0.78 |
| Up Beta | 4.43 | 2.87 | 1.27 | 2.06 | 0.57 | 0.79 |
| Down Beta | 0.47 | 0.24 | 0.13 | 0.70 | 0.72 | 0.77 |
| Up Capture | 53% | 23% | 73% | 63% | 56% | 41% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 10 | 19 | 28 | 53 | 112 | 354 |
| Down Capture | 151% | 94% | 76% | 90% | 96% | 95% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 10 | 22 | 32 | 70 | 135 | 388 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with COFS | |
|---|---|---|---|---|
| COFS | -3.7% | 29.6% | -0.12 | - |
| Sector ETF (XLF) | 4.1% | 19.7% | 0.09 | 57.1% |
| Equity (SPY) | 17.1% | 19.4% | 0.69 | 45.7% |
| Gold (GLD) | 79.3% | 25.7% | 2.25 | -4.1% |
| Commodities (DBC) | 10.9% | 16.8% | 0.45 | 6.9% |
| Real Estate (VNQ) | 6.6% | 16.6% | 0.21 | 41.0% |
| Bitcoin (BTCUSD) | -23.4% | 45.1% | -0.46 | 22.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with COFS | |
|---|---|---|---|---|
| COFS | 6.4% | 34.3% | 0.25 | - |
| Sector ETF (XLF) | 12.0% | 18.8% | 0.51 | 33.8% |
| Equity (SPY) | 13.6% | 17.0% | 0.63 | 25.5% |
| Gold (GLD) | 23.6% | 17.2% | 1.12 | 7.5% |
| Commodities (DBC) | 10.8% | 19.0% | 0.45 | 8.5% |
| Real Estate (VNQ) | 5.3% | 18.8% | 0.19 | 28.6% |
| Bitcoin (BTCUSD) | 4.0% | 57.0% | 0.29 | 13.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with COFS | |
|---|---|---|---|---|
| COFS | 2.0% | 38.3% | 0.20 | - |
| Sector ETF (XLF) | 14.0% | 22.2% | 0.58 | 27.2% |
| Equity (SPY) | 15.5% | 17.9% | 0.74 | 21.3% |
| Gold (GLD) | 15.1% | 15.6% | 0.81 | 3.8% |
| Commodities (DBC) | 8.5% | 17.6% | 0.40 | 12.6% |
| Real Estate (VNQ) | 6.6% | 20.7% | 0.28 | 25.1% |
| Bitcoin (BTCUSD) | 66.3% | 66.8% | 1.06 | 12.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/30/2026 | -2.9% | ||
| 7/25/2025 | 4.6% | 1.3% | 6.5% |
| 4/30/2025 | 1.0% | 1.2% | 5.0% |
| 1/22/2025 | 0.3% | -2.1% | -7.3% |
| 10/23/2024 | 9.1% | 6.9% | 17.6% |
| 7/25/2024 | -14.0% | -7.6% | -6.2% |
| 4/24/2024 | -1.2% | 7.1% | 2.9% |
| 1/25/2024 | 2.1% | -7.6% | -9.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 15 | 16 | 13 |
| # Negative | 9 | 7 | 10 |
| Median Positive | 1.0% | 3.3% | 6.5% |
| Median Negative | -1.7% | -5.0% | -5.6% |
| Max Positive | 9.1% | 18.6% | 44.2% |
| Max Negative | -14.0% | -11.0% | -15.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/10/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/12/2025 | 10-Q |
| 12/31/2024 | 03/11/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 03/13/2024 | 10-K |
| 09/30/2023 | 11/13/2023 | 10-Q |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 05/09/2023 | 10-Q |
| 12/31/2022 | 03/23/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 08/12/2022 | 10-Q |
| 03/31/2022 | 05/13/2022 | 10-Q |
| 12/31/2021 | 03/18/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Burrough, Eric E | Direct | Buy | 11182025 | 28.50 | 5,000 | 142,500 | 4,982,740 | Form | |
| 2 | Coulter, Curt E | Direct | Buy | 3182025 | 29.78 | 10 | 298 | 263,573 | Form | |
| 3 | McGinnis, Bradley F | Megawall Corporation | Buy | 2182025 | 32.84 | 1,000 | 32,840 | 469,645 | Form | |
| 4 | Petty, Brian P | Direct | Sell | 2122026 | 29.56 | 15,000 | 443,400 | 2,693,123 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.