ChoiceOne Financial Services, Inc. employees and revenue per employee

COFS · Banks - Regional · $486M market cap

ChoiceOne Financial Services, Inc. had 505 employees at the end of fiscal Dec 2025, up 50.3% from a year earlier. Revenue for the year was $193M, up 38.7% from a year earlier, or $382K per employee. Headcount grew faster than revenue.

Employees

505

+50.3% YoY

Revenue

$193M

+38.7% YoY

Revenue / employee

$382K

Peer median $558K

Rank in industry

160 of 182

Banks - Regional

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016
53392731'16'17'18'19'20'21'22'23'24'25Revenue 684Staff 316

Hover a year for the numbers.

COFS employees and revenue by fiscal year
Year endingEmployeesRevenuePer employeeStaff YoYRevenue YoY
Dec 2025505$193M$382K+50.3%+38.7%
Dec 2024336$139M$414K+3.7%+22.1%
Dec 2023324$114M$352K-2.4%+27.8%
Dec 2022332$89.1M$268K+3.8%+6.3%
Dec 2021320$83.8M$262K+4.9%+6.9%
Dec 2020305$78.4M$257K-10.0%+88.3%
Dec 2019339$41.6M$123K+94.8%+32.4%
Dec 2018174$31.4M$181K+0.6%+8.6%
Dec 2017173$28.9M$167K+8.1%+2.7%
Dec 2016160$28.2M$176K——

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years
305'20320'21332'22324'23336'24505'25
Revenue per employee, last six fiscal years
$257K'20$262K'21$268K'22$352K'23$414K'24$382K'25

ChoiceOne Financial Services, Inc. against similar companies

The closest industry peers by revenue, from Banks - Regional.

CompanyEmployeesRevenueRevenue / employeeShape
WTBA
West Bancorporation, Inc.
17$198M$11.7MLeaner
ESQ
Esquire Financial Holdings, Inc.
151$164M$1.09MEfficient growth
CWBC
Community West Bancshares
327$195M$595KLeaner
BMRC
Bank of Marin Bancorp
311$177M$568KEfficient growth
COFS
ChoiceOne Financial Services, Inc.
505$193M$382KHiring ahead
CBAN
Colony Bankcorp, Inc.
526$186M$354KHiring ahead
WSBF
Waterstone Financial, Inc.
593$202M$340KLeaner
CFFI
C&F Financial Corporation
575$186M$324KEfficient growth
FCBC
First Community Bankshares, Inc.
622$185M$298KHiring ahead
Every Financial Services company

Questions about ChoiceOne Financial Services, Inc.

How many employees does ChoiceOne Financial Services, Inc. have?
ChoiceOne Financial Services, Inc. reported 505 employees for the fiscal year ending Dec 2025, in the annual report it filed on March 13, 2026. That is up 50.3% from a year earlier.
What is ChoiceOne Financial Services, Inc.'s revenue per employee?
ChoiceOne Financial Services, Inc. brought in $193M of revenue in fiscal Dec 2025, which is $382K per employee. That ranks 160 of 182 companies we track in Banks - Regional, where the median is $558K.
Where do these numbers come from?
Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare COFS with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Source: employee counts and revenue as stated in ChoiceOne Financial Services, Inc.'s annual reports (Form 10-K), latest filed March 13, 2026. This is data, not a recommendation to buy or sell COFS.