ChoiceOne Financial reports Q1 adjusted EPS 86c, consensus 85c

Reports Q1 annualized net loan charge-offs to average loans of 0.01%. Nonperforming loans to total loans increased to 1.01% as of March 31, compared to 0.98% as of December 31, 2025. Notably, 0.61% of the nonperforming loans to total loans is attributed to certain purchased loans which were identified prior to the Merger as having credit deterioration. “ChoiceOne delivered solid first-quarter performance, driven by strong net interest income, continued balance-sheet and expense discipline, and stable credit quality. Our loan pipeline looks strong as we continue to grow organically through deep customer relationships and executing on our strategic priorities across Michigan,” said Kelly Potes, CEO.