Old Point Financial Corporation (OPOF)
| Market Cap | 75.05M |
| Revenue (ttm) | 59.47M |
| Net Income (ttm) | 7.73M |
| Shares Out | 5.04M |
| EPS (ttm) | 1.54 |
| PE Ratio | 9.67 |
| Forward PE | n/a |
| Dividend | $0.56 (3.76%) |
| Ex-Dividend Date | Mar 5, 2024 |
| Volume | 1,346 |
| Open | 15.10 |
| Previous Close | 14.63 |
| Day's Range | 14.70 - 15.10 |
| 52-Week Range | 14.00 - 23.24 |
| Beta | 0.21 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 7, 2024 |
About OPOF
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. It offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits. The company also provides real estate construction, commercial, and mortgage loans, such as residential 1-4 family mortgages, second mortgages, and equity line... [Read more]
Financial Performance
In 2023, OPOF's revenue was $59.47 million, an increase of 5.75% compared to the previous year's $56.24 million. Earnings were $7.73 million, a decrease of -15.13%.
Financial StatementsNews
Old Point Financial Corporation Announces Quarterly Dividend
HAMPTON, Va. , Feb. 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 March 29, 2024 to shareholders of r...
OLD POINT NATIONAL BANK ANNOUNCES STRATEGIC ALLIANCE WITH TIDEWATER HOME FUNDING
HAMPTON, Va. , Jan. 31, 2024 /PRNewswire/ -- Old Point National Bank (Old Point or the Bank) is proud to announce a strategic alliance with Tidewater Home Funding, LLC based in Chesapeake, Virginia.
Old Point Releases Fourth Quarter and Full Year 2023 Results
HAMPTON, Va. , Jan. 30, 2024 /PRNewswire/ -- Old Point Financial Corporation (the "Company" or "Old Point") (NASDAQ "OPOF") reported net income of $1.5 million and diluted earnings per common share of...
OLD POINT FINANCIAL CORPORATION ANNOUNCES RETIREMENT OF DR. ARTHUR D. GREENE FROM BOARD OF DIRECTORS
HAMPTON, Va. , Dec. 26, 2023 /PRNewswire/ -- Old Point Financial Corporation (the Company) announced that Dr. Arthur D.
Old Point Financial Corporation Declares Quarterly Dividend
HAMPTON, Va. , Nov. 22, 2023 /PRNewswire/ -- Old Point Financial Corporation declared a quarterly cash dividend of $0.14 per share on its common stock to be paid on December 29, 2023 to shareholders o...
Old Point Releases Third Quarter 2023 Results
HAMPTON, Va. , Oct. 26, 2023 /PRNewswire/ -- Old Point Financial Corporation (the Company or Old Point) (NASDAQ "OPOF") reported net income of $1.4 million and earnings per diluted common share of $0....
OLD POINT ANNOUNCES APPOINTMENT OF PAUL M. PICKETT AS CHIEF FINANCIAL OFFICER
HAMPTON, Va. , Oct. 18, 2023 /PRNewswire/ -- Paul M.
Old Point Releases Second Quarter 2023 Results
HAMPTON, Va. , July 27, 2023 /PRNewswire/ -- Old Point Financial Corporation (the Company or Old Point) (NASDAQ "OPOF") reported net income of $1.8 million and earnings per diluted common share of $0....
Old Point Releases First Quarter 2023 Results
HAMPTON, Va. , April 27, 2023 /PRNewswire/ -- Old Point Financial Corporation (the Company or Old Point) (NASDAQ "OPOF") reported net income of $3.1 million and earnings per diluted common share of $0...
OLD POINT NATIONAL BANK CELEBRATES 100 YEARS OF COMMUNITY BANKING
HAMPTON, Va. , March 30, 2023 /PRNewswire/ -- Old Point National Bank (Old Point or the Bank) is proud to celebrate its centennial anniversary this year.
Old Point Financial Corporation Announces Increase in Quarterly Dividend
HAMPTON, Va. , Feb. 22, 2023 /PRNewswire/ -- Old Point Financial Corporation declared a quarterly cash dividend of $0.14 per share on its common stock to be paid on March 31, 2023 to shareholders of r...
OLD POINT FINANCIAL CORPORATION ANNOUNCES RETIREMENT OF RUSSELL SMITH EVANS, JR. FROM BOARD OF DIRECTORS
HAMPTON, Va. , Feb. 17, 2023 /PRNewswire/ -- Old Point Financial Corporation (the Company) announced that Russell Smith Evans, Jr. has decided to retire from the Boards of Directors of the Company and...
Old Point Releases Fourth Quarter and Full Year 2022 Results
HAMPTON, Va. , Jan. 26, 2023 /PRNewswire/ -- Old Point Financial Corporation (the Company or Old Point) (NASDAQ "OPOF") reported net income of $2.6 million and earnings per diluted common share of $0....
Old Point Releases Third Quarter 2022 Results
HAMPTON, Va. , Oct. 27, 2022 /PRNewswire/ -- Old Point Financial Corporation (the Company or Old Point) (NASDAQ "OPOF") reported net income of $2.5 million and earnings per diluted common share of $0....
Old Point Releases Second Quarter 2022 Results
HAMPTON, Va. , July 26, 2022 /PRNewswire/ -- Old Point Financial Corporation (the Company or Old Point) (NASDAQ "OPOF") reported net income of $1.9 million and earnings per diluted common share of $0....
Old Point Releases First Quarter 2022 Results
HAMPTON, Va. , April 28, 2022 /PRNewswire/ -- Old Point Financial Corporation (the Company or Old Point) (NASDAQ "OPOF") reported net income of $2.0 million and earnings per diluted common share of $0...
SARAH BOYCE GOLDEN APPOINTED TO OLD POINT BOARD OF DIRECTORS
HAMPTON, Va. , March 21, 2022 /PRNewswire/ -- Old Point is pleased to announce that Sarah Boyce Golden has been appointed to the Board of Directors for Old Point Financial Corporation (the Company or ...
Old Point Releases Fourth Quarter and Full Year 2021 Results
HAMPTON, Va., Jan. 27, 2022 /PRNewswire/ -- Old Point Financial Corporation (the Company or Old Point) (NASDAQ: OPOF) reported net income of $1.7 million and earnings per diluted common share of $0.32...
Old Point Releases Third Quarter 2021 Results and Announces Share Repurchase Program
HAMPTON, Va., Oct. 26, 2021 /PRNewswire/ -- Old Point Financial Corporation (the Company or Old Point) (NASDAQ "OPOF") reported net income of $1.9 million and earnings per diluted common share of $0.3...
Old Point Announces New Trust President & CEO
HAMPTON, Va., Sept. 16, 2021 /PRNewswire/ -- Old Point Financial Corporation (Old Point) (Nasdaq: OPOF) is pleased to announce that A.
Old Point National Bank Named Top Workplace
HAMPTON, Va., Sept. 14, 2021 /PRNewswire/ -- Old Point National Bank (Old Point) is proud to be recognized by Virginia Media's Inside Business as one of their 2021 Top Workplaces in Hampton Roads, Vir...
Old Point National Bank Grows Richmond Commercial Team
HAMPTON, Va., Aug. 30, 2021 /PRNewswire/ -- Old Point National Bank (Old Point) has expanded its Richmond, Virginia team with the addition of three new Commercial Relationship Managers.
Old Point Releases Second Quarter 2021 Results
HAMPTON, Va., July 27, 2021 /PRNewswire/ -- Old Point Financial Corporation (the Company or Old Point) (NASDAQ "OPOF") reported net income of $1.8 million and earnings per diluted common share of $0.3...
Old Point Announces Completion of $30 Million Subordinated Notes Offering
HAMPTON, Va., July 15, 2021 /PRNewswire/ -- Old Point Financial Corporation (the Company) announced the completion of its private placement of $30 million of 3.50% Fixed to Floating Rate Subordinated ...
Old Point Releases First Quarter 2021 Results
HAMPTON, Va., April 27, 2021 /PRNewswire/ -- Old Point Financial Corporation (the Company or Old Point) (NASDAQ "OPOF") reported net income of $3.0 million, which represents an increase of $1.8 millio...