ChoiceOne Income Tax Expense from 2010 to 2024

COFS Stock  USD 37.48  0.21  0.56%   
ChoiceOne Financial Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. From the period from 2010 to 2024, ChoiceOne Financial Income Tax Expense quarterly data regression had r-value of  0.86 and coefficient of variation of  56.95. View All Fundamentals
 
Income Tax Expense  
First Reported
1999-06-30
Previous Quarter
1.6 M
Current Value
1.9 M
Quarterly Volatility
383.5 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ChoiceOne Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ChoiceOne Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.1 M, Interest Expense of 34.7 M or Selling General Administrative of 34.8 M, as well as many indicators such as Price To Sales Ratio of 2.6, Dividend Yield of 0.0281 or PTB Ratio of 1.35. ChoiceOne financial statements analysis is a perfect complement when working with ChoiceOne Financial Valuation or Volatility modules.
  
Check out the analysis of ChoiceOne Financial Correlation against competitors.

Latest ChoiceOne Financial's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of ChoiceOne Financial Services over the last few years. It is ChoiceOne Financial's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ChoiceOne Financial's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

ChoiceOne Income Tax Expense Regression Statistics

Arithmetic Mean2,408,887
Geometric Mean1,997,180
Coefficient Of Variation56.95
Mean Deviation1,137,182
Median2,076,000
Standard Deviation1,371,939
Sample Variance1.9T
Range4.2M
R-Value0.86
Mean Square Error523.4B
R-Squared0.74
Significance0.000037
Slope264,215
Total Sum of Squares26.4T

ChoiceOne Income Tax Expense History

20244.5 M
20234.3 M
2022M
20214.5 M
20203.3 M
20191.3 M
20181.2 M

About ChoiceOne Financial Financial Statements

ChoiceOne Financial shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although ChoiceOne Financial investors may analyze each financial statement separately, they are all interrelated. The changes in ChoiceOne Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on ChoiceOne Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense4.3 M4.5 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for ChoiceOne Stock Analysis

When running ChoiceOne Financial's price analysis, check to measure ChoiceOne Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ChoiceOne Financial is operating at the current time. Most of ChoiceOne Financial's value examination focuses on studying past and present price action to predict the probability of ChoiceOne Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChoiceOne Financial's price. Additionally, you may evaluate how the addition of ChoiceOne Financial to your portfolios can decrease your overall portfolio volatility.