Q2 FY2026 EarningsFY26 Q2 missed consensus on headline figures: diluted EPS of $0.83 vs. $0.88 expected, and revenue (NII + Non-interest income) of $41.6M vs. $43.5M expected. The miss was primarily driven by a $1.9M pre-tax loss on the strategic sale of municipal securities to fund higher-yielding loan growth, which management estimated had a -$0.10 impact on EPS. Core loans grew at an impressive 11.9% annualized rate QoQ, while NIM (GAAP) compressed to 3.59% vs. 3.66% consensus, largely due to lower purchase accounting accretion.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: ChoiceOne Financial Svc(COFS) the Revenue is 41.64 M (-2.78%), Miss estimate;the EBIT is 15.59 M (-10.01%), Miss estimate;the EPS is 0.83 (-7.78%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.04B2.78%
0.04B1.46%
-0.00B4.24%
EBITMiss expectations
0.02B10.01%
0.02B2.20%
-0.00B12.21%
EPSMiss expectations
0.837.78%
0.882.22%
-0.05005.56%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf