MARKET COMPOSITE
OPOF - Old Point Financial Corp.
Price
$0.00
+ 0.00 (0.00%)
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. 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 and real estate mortgage loans, such as residential 1-4 family mortgages, commercial real estate loans, second mortgages, and equity lines of credit; and other loans, as well as cash management services. In addition, the company provides retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax, and investment management services; and insurance products. As of June 30, 2020, it operated 19 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. The company was founded in 1922 and is headquartered in Hampton, Virginia.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue21.4MM+4%
Operating Income1.8MM+17%
Operating Expenses19.6MM+3%
Net Income1.5MM+9%
Business Development175K+10%
Compensation7.2MM-8%
Professional Service599K-6%
Interest Expense6.1MM+5%
Stock Chart

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Stock news

    Old Point Financial Corporation ( NASDAQ:OPOF ) will pay a dividend of $0.14 on the 29th of March. This means that the...

    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 record as of March 6, 2024. The dividend amount is the same as the prior quarter's dividend and based on the stock's closing price of $17.10 on February 20, 2024, the annual dividend yield is approximately 3.3%.

    Old Point Financial ( NASDAQ:OPOF ) Full Year 2023 Results Key Financial Results Revenue: US$59.5m (up 5.9% from FY...

    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. As a part of this alliance, Old Point will transition the processing of mortgage loans to Tidewater Home Funding. Old Point will maintain the branding of its mortgage division as Old Point Mortgage and will continue to underwrite and service select portfolio mortgage products through its retail and private banking arms. This alliance will also

    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 $0.29 for the fourth quarter of 2023, compared to net income of $2.6 million and diluted earnings per common share of $0.53 for the fourth quarter of 2022. Net income for the year ended December 31, 2023, was $7.7 million with diluted earnings per common share of $1.54, compared to $9.1 million of net income with diluted earnings per common s

    Old Point Financial Corporation (the Company) announced that Dr. Arthur D. Greene is retiring from the Boards of Directors of the Company and its wholly-owned subsidiaries, The Old Point National Bank of Phoebus (the Bank) and Old Point Trust & Financial Services, N.A. (the Wealth Company) effective as of December 31, 2023. Dr. Greene joined the Boards of Directors of the Company, Bank, and the Wealth Company in 1994 and currently serves on the Company's Executive, Audit, and Nominating and Corp

    Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...

    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 of record as of December 6, 2023. This dividend amount is the same as the prior quarter's dividend and based on the stock's closing price of $17.75 on November 21, 2023, the annual dividend yield is approximately 3.15%.

    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 $0.27 for the third quarter of 2023 compared to net income of $2.5 million and earnings per diluted common share of $0.51 for the third quarter of 2022. Net income for the nine months ended September 30, 2023 and 2022 was $6.2 million, or $1.24 earnings per diluted common share, and $6.5 million, or $1.27 earnings per diluted common share, respec

    Paul M. Pickett has been appointed Senior Vice President and Chief Financial Officer of Old Point Financial Corporation (NASDAQ: OPOF) and Executive Vice President and Chief Financial Officer of Old Point National Bank effective October 24, 2023.