ChoiceOne Financial Services Q3 Profit Slips to $14.54 Million as Revenue Edges Up 1%

ChoiceOne Financial Services Incorporated (COFS) reported third-quarter earnings of $14.54 million, or $0.97 per share, down slightly from $14.68 million, or $0.97 per share, a year earlier. Revenue for the period rose 1.0% to $45.19 million from $44.74 million. The results, reported on a GAAP basis, show flat per-share profitability despite the modest top-line gain, with earnings declining on a nominal basis year over year. ChoiceOne is a bank holding company. No further guidance or forward-looking figures were disclosed in the report.