Old Point Financial Corporation

Old Point Financial Corporation

OPOF
Old Point Financial CorporationUS flagNASDAQ Capital Market
42.10
USD
+0.94
- -
214.80MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
8.42
7.65
7.88
8.03
8.13
8.55
9.06
9.22
9.3
10.25
11.09
12.31
12.17
12.3
Basic EPS, GAAP
0.84
0.64
0.83
0.73
0.77
-0.01
0.96
1.51
1.03
1.61
1.8
1.54
1.88
1.7
Free Cash Flow per Basic Share
1.13
-0.48
1.26
1.23
1.57
1.77
2.27
2.04
-1.83
4.14
3.2
1.98
2.61
2.74
Dividend per Share
0.2
0.22
0.26
0.34
0.4
0.44
0.44
0.48
0.48
0.5
0.52
0.56
0.56
0.56
Book Value per Share
14.74
15.16
15.73
16.12
16.49
15.99
16.23
17.1
17.6
18.65
20.29
21.34
22.42
22.73
Tangible Book Value per Share
18.01
16.29
17.85
18.79
18.95
19.19
19.44
20.73
22.08
22.7
19.1
20.88
22.15
22.88
Basic Weighted Avg Shares
5
5
5
5
5
5
5
5
5
5
5
5
5
5
Sales/Revenue/Turnover
42
38
39
40
40
43
47
48
48
54
56
62
62
63
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
2
2
2
3
3
3
2
3
3
2
2
3
3
2
Net Income, GAAP
4
3
4
4
4
- -
5
8
5
8
9
8
10
9
Effective Tax Rate (%)
19.2
9.91
4.55
1.46
4.04
- -
5.37
12.08
8.82
13.31
13.93
14.72
16.63
19.13
Profit Margin (%)
10.03
8.34
10.53
9.13
9.42
-0.07
10.57
16.41
11.11
15.72
16.19
12.5
15.43
13.85
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
25
25
30
25
- -
68
63
39
1
29
76
99
70
66
Total Equity
89
81
88
93
94
96
102
110
117
121
99
107
114
118
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
5.86
4.27
5.37
4.6
4.7
-0.04
6.02
9.12
5.96
8.91
9.08
7.36
8.61
7.68

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
2
2
2
LT Borrowings
70
66
66
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
132
152
200

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
357
141
104
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
2
2
2
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.86%
1.3%
6.74%
Free Cash Flow
-48.56%
-109.53%
33.09%
Net Income, GAAP
-1,706.93%
8.19%
23%
Sales/Revenue/Turnover
4.73%
5.27%
-0.36%
Total Cash Common Dividend
8.57%
2.63%
0.75%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
16
15
15
15
62
2024
15
16
16
15
62
2025
16
15
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.62
0.36
0.27
0.29
1.54
2024
0.34
0.5
0.47
0.57
1.88
2025
0.42
0.24
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.14
0.14
0.14
0.14
0.56
2024
0.14
0.14
0.14
0.14
0.56
2025
0.14
0.14
- -
- -
- -

Company Description

APIChat
CEO
Robert F. Shuford Jr.
Full Time Employees
260
Sector
Financial Services
Industry
Banks - Regional
Address
101 East Queen Street Hampton VA United States of America 23669
IPO Date
Jan 11, 1999
Business
Old Point Financial Corporation operates as the bank holding company for Old Point National Bank, a community bank providing consumer, mortgage, and business banking services primarily in Virginia; its core offerings include deposit products such as interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits, as well as loans encompassing real estate construction, commercial real estate, residential 1-4 family mortgages, second mortgages, equity lines of credit, and other collateral-secured loans including those backed by inventory, accounts receivable, equipment, or personal property. The company also delivers wealth management services through Old Point Wealth Management, featuring retirement planning, estate and financial planning, trust administration, retirement plan administration, tax and investment management, insurance products, and cash management services tailored to businesses, individuals, and commercial customers across Hampton Roads, Richmond regions, and a mortgage production office in Charlotte, North Carolina. Founded in 1922 and headquartered in Hampton, Virginia, Old Point maintains 13 branches that continue to operate as Old Point National Bank, a division of TowneBank, following its merger completion on September 1, 2025, in a $203 million transaction approved by shareholders on July 2, 2025, which enhances TowneBank's Hampton Roads market share with combined assets of $19.5 billion as of December 31, 2024, while core system conversions are scheduled for February 2026 and Old Point Wealth Management integrates as an addition to TowneBank's offerings.

Company News

APIChat
  • TowneBank and Old Point Financial Corporation Announce Expected Closing Date and Election Deadline for Merger

  • Old Point (OPOF) Q2 EPS Falls 52%

  • Old Point Releases Second Quarter 2025 Results

  • Old Point Announces Shareholder Approval for Merger

  • Old Point Financial Corporation Announces Quarterly Dividend

  • OPOF Q1 Earnings Rise Y/Y on NIM Gains, Deposit Growth, Stock up 2%

  • Old Point Releases First Quarter 2025 Results

  • The Zacks Analyst Blog T-Mobile, Salesforce, Alibaba and Old Point Financial

  • SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Old Point Financial Corporation - OPOF

  • OPOF Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Old Point Financial Corporation Is Fair to Shareholders

  • Old Point Financial Corporation Announces Quarterly Dividend

  • Old Point Releases Fourth Quarter and Full Year 2024 Results

  • Old Point Financial Corporation Announces Quarterly Dividend

  • OLD POINT ANNOUNCES APPOINTMENT OF CATHY W. LILES AS CHIEF FINANCIAL OFFICER

  • Old Point Releases Third Quarter 2024 Results

  • Old Point Financial Corporation Announces Quarterly Dividend

  • Old Point Releases Second Quarter 2024 Results

  • Old Point Financial Corporation Announces Quarterly Dividend

  • Old Point Releases First Quarter 2024 Results

  • Old Point Financial Corporation Announces Quarterly Dividend