Financial Services -
Banks - Regional - NASDAQ - US
$ 39.44
-0.355 %
$ 201 M
Market Cap
20.04
P/E
1. INTRINSIC VALUE
Balance Sheet
Old Point Financial Corporation
| Current Assets | 140 M |
| Cash & Short-Term Investments | 140 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 31 M |
| Long-Term Investments | 0 |
| PP&E | 29.2 M |
| Other Non-Current Assets | 1.79 M |
| Current Liabilities | 7.92 M |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 7.92 M |
| Non-Current Liabilities | 1.33 B |
| Long-Term Debt | 69.8 M |
| Other Non-Current Liabilities | 1.26 B |
EFFICIENCY
Earnings Waterfall
Old Point Financial Corporation
| Revenue | 60.9 M |
| Cost Of Revenue | 0 |
| Gross Profit | 60.9 M |
| Operating Expenses | 44.1 M |
| Operating Income | 508 K |
| Other Expenses | -9 M |
| Net Income | 9.51 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Old Point Financial Corporation
| Net Income | 9.51 M |
| Depreciation & Amortization | 2.53 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 462 K |
| Change in Working Capital | 0 |
| Others | 2.14 M |
| Free Cash Flow | 13.2 M |
Wall Street Analysts Price Targets
Old Point Financial Corporation
OPOF has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.47%
DIVIDEND YIELD
0.14 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Old Point Financial Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.75 M USD 3
9-12 MONTHS
7. News
OPOF Q1 Earnings Rise Y/Y on NIM Gains, Deposit Growth, Stock up 2%
Old Point's Q1 2025 earnings rise 24% year over year on margin gains and deposit growth, but rising NPAs and higher credit loss provisions pose near-term challenges.
zacks.com
- 2 weeks ago
Old Point Releases First Quarter 2025 Results
HAMPTON, Va. , April 30, 2025 /PRNewswire/ -- Old Point Financial Corporation (the "Company" or "Old Point") (NASDAQ "OPOF") reported net income of $2.2 million with diluted earnings per common share of $0.42 for the first quarter of 2025 compared to net income of $2.9 million with diluted earnings per common share of $0.57 for the fourth quarter of 2024, and net income of $1.7 million with diluted earnings per common share of $0.34 for the first quarter of 2024.
prnewswire.com
- 2 weeks ago
The Zacks Analyst Blog T-Mobile, Salesforce, Alibaba and Old Point Financial
T-Mobile, Salesforce, Alibaba and Old Point Financial are included in this Analyst Blog.
zacks.com
- 1 month ago
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Old Point Financial Corporation - OPOF
NEW YORK , April 3, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Old Point Financial Corporation (NASDAQ: OPOF ), relating to the proposed merger with TowneBank.
prnewswire.com
- 1 month ago
OPOF Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Old Point Financial Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Old Point Financial Corporation (NASDAQ: OPOF) to Hampton Roads based TowneBank is fair to Old Point shareholders. Under the terms of the agreement, Old Point shareholders will elect to receive either $41.00 in cash or 1.1400 shares of TowneBank common stock for each share of Old Point common stock. Halper Sadeh encourages Old Point shareholders to click here to learn more about their.
businesswire.com
- 1 month ago
Old Point Financial Corporation Announces Quarterly Dividend
HAMPTON, Va. , Feb. 19, 2025 /PRNewswire/ -- Old Point Financial Corporation declared a quarterly cash dividend of $0.14 per share on its common stock to be paid on March 28, 2025 to shareholders of record as of March 5, 2025.
prnewswire.com
- 2 months ago
Old Point Releases Fourth Quarter and Full Year 2024 Results
HAMPTON, Va. , Jan. 30, 2025 /PRNewswire/ -- Old Point Financial Corporation (the "Company" or "Old Point") (NASDAQ "OPOF") reported net income of $2.9 million with diluted earnings per common share of $0.57 for the fourth quarter of 2024 compared to net income of $2.4 million with diluted earnings per common share of $0.47 for the third quarter of 2024, and net income of $1.5 million with diluted earnings per common share of $0.29 for the fourth quarter of 2023.
prnewswire.com
- 3 months ago
Old Point Financial Corporation Announces Quarterly Dividend
HAMPTON, Va., Nov. 20, 2024 /PRNewswire/ -- Old Point Financial Corporation declared a quarterly cash dividend of $0.14 per share on its common stock to be paid on December 27, 2024 to shareholders of record as of December 4, 2024.
prnewswire.com
- 5 months ago
OLD POINT ANNOUNCES APPOINTMENT OF CATHY W. LILES AS CHIEF FINANCIAL OFFICER
HAMPTON, Va. , Nov. 8, 2024 /PRNewswire/ -- Cathy W.
prnewswire.com
- 6 months ago
Old Point Releases Third Quarter 2024 Results
HAMPTON, Va. , Oct. 24, 2024 /PRNewswire/ -- Old Point Financial Corporation (the "Company" or "Old Point") (NASDAQ "OPOF") reported net income of $2.4 million with diluted earnings per common share of $0.47 for the third quarter of 2024 compared to net income of $2.5 million with diluted earnings per common share of $0.50 for the second quarter of 2024, and net income of $1.4 million with diluted earnings per common share of $0.27 for the third quarter of 2023.
prnewswire.com
- 6 months ago
Old Point Financial Corporation Announces Quarterly Dividend
HAMPTON, Va. , Aug. 21, 2024 /PRNewswire/ -- Old Point Financial Corporation declared a quarterly cash dividend of $0.14 per share on its common stock to be paid on September 27, 2024 to shareholders of record as of September 4, 2024.
prnewswire.com
- 8 months ago
Old Point Releases Second Quarter 2024 Results
HAMPTON, Va. , July 25, 2024 /PRNewswire/ -- Old Point Financial Corporation (the "Company" or "Old Point") (NASDAQ "OPOF") reported net income of $2.5 million with diluted earnings per common share of $0.50 for the second quarter of 2024 compared to net income of $1.7 million with diluted earnings per common share of $0.34 for the first quarter of 2024, and net income of $1.8 million with diluted earnings per common share of $0.36 for the second quarter of 2023.
prnewswire.com
- 9 months ago
8. Profile
Summary
Old Point Financial Corporation OPOF
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 201 M
Dividend Yield
0.47%
Description
Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual and commercial customers in Virginia. The company offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits. It also provides real estate construction, commercial, and mortgage loans, such as residential 1-4 family mortgages, multi-family and second mortgages, and equity lines of credit; and other loans, as well as cash management services. In addition, the company offers retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax, and investment management services; and insurance products and wealth management services. It operates 14 branches in the Hampton Roads localities of Hampton, Newport News, Norfolk, Virginia Beach, Chesapeake, Williamsburg/James City County, York County, and Isle of Wight County; a loan production office in Richmond, Virginia; and a mortgage loan origination office in Charlotte, North Carolina. The company was founded in 1922 and is headquartered in Hampton, Virginia.
Contact
101 East Queen Street, Hampton, VA, 23669
https://oldpoint.com
IPO
Date
Jan. 11, 1999
Employees
260
Officers
Mr. Joseph R. Witt CPA
Executive Director
Mr. Donald S. Buckless
EVice President, Chief Lending Officer & Chief Banking Officer - Old Point National Bank
Ms. Laura Wright
Senior Vice President & Marketing Director
Mr. A. Eric Kauders Jr.
Secretary, Chairman, President & Chief Executive Officer of Old Point Wealth Management
Mr. Robert F. Shuford Jr.
Chairman, Chief Executive Officer & President
Ms. Cathy W. Liles CAP
EVice President & Chief Financial Officer - Old Point National Bank
Mr. Thomas L. Hotchkiss
Chief Credit Officer & Executive Vice President of Old Point National Bank
Mr. Eugene M. Jordan II
General Counsel & Executive Vice President of Corporate Counsel