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, retail, 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, through its other subsidiary, Old Point Trust & Financial Services, N.A., provides wealth management services, which include retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax services, and investment management services. As of December 31, 2017, it operated 18 branches in the Hampton Roads localities of Chesapeake, Hampton, Isle of Wight County, Newport News, Norfolk, Virginia Beach, Williamsburg/James City County, and York County. The company was founded in 1922 and is headquartered in Hampton, Virginia.
Industry, Sector and Symbol
Industry National commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:OPOF
CUSIPN/A
Phone757-728-1200
Debt
Debt-to-Equity Ratio0.74
Current Ratio0.93
Quick Ratio0.92
Price-To-Earnings
Trailing P/E Ratio37.55
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$46.99 million
Price / Sales3.14
Cash Flow$1.7190 per share
Price / Cash16.83
Book Value$19.20 per share
Price / Book1.51
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-20,000.00
Net Margins-0.06%
Return on Equity3.99%
Return on Assets0.40%
Miscellaneous
Employees301
Outstanding Shares5,100,000
Old Point Financial (NASDAQ:OPOF) Frequently Asked Questions
What is Old Point Financial's stock symbol?
Old Point Financial trades on the NASDAQ under the ticker symbol "OPOF."
How often does Old Point Financial pay dividends? What is the dividend yield for Old Point Financial?
Old Point Financial declared a quarterly dividend on Thursday, May 10th. Shareholders of record on Thursday, May 31st will be given a dividend of $0.11 per share on Friday, June 29th. This represents a $0.44 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend is Wednesday, May 30th. View Old Point Financial's Dividend History.
How were Old Point Financial's earnings last quarter?
Old Point Financial Co. (NASDAQ:OPOF) released its earnings results on Thursday, April, 26th. The bank reported $0.23 EPS for the quarter. The bank had revenue of $11.10 million for the quarter. Old Point Financial had a negative net margin of 0.06% and a positive return on equity of 3.99%. View Old Point Financial's Earnings History.
When is Old Point Financial's next earnings date?
Who are some of Old Point Financial's key competitors?
Some companies that are related to Old Point Financial include Nicolet Bankshares (NCBS), Financial Institutions (FISI), Arrow Financial (AROW), First Bancshares (FBMS), Farmers Capital Bank (FFKT), Guaranty Bancshares (GNTY), Peoples Financial Services (PFIS), American National BankShares (AMNB), Southern First Bancshares (SFST), National Bankshares (NKSH), First Bancorp (FNLC), SmartFinancial (SMBK), Ames National (ATLO), Shore Bancshares (SHBI) and MBT Financial (MBTF).
Who are Old Point Financial's key executives?
Old Point Financial's management team includes the folowing people:
- Mr. Robert F. Shuford Sr., Chairman, Pres & CEO (Age 80)
- Mr. Jeffrey W. Farrar, CFO, Principal Accounting Officer & Sr. VP of Fin. (Age 57)
- Mr. Joseph R. Witt, Sr. VP, Chief Bus. Devel. Officer & Director (Age 57)
- Mr. Robert F. Shuford Jr., Exec. VP & Director (Age 53)
- Mr. Eugene M. Jordan II, Sec. (Age 63)
Has Old Point Financial been receiving favorable news coverage?
News coverage about OPOF stock has been trending somewhat positive recently, according to Accern. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Old Point Financial earned a daily sentiment score of 0.08 on Accern's scale. They also assigned media stories about the bank an impact score of 45.95 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Old Point Financial's major shareholders?
Old Point Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (0.25%) and Wells Fargo & Company MN (0.19%). Company insiders that own Old Point Financial stock include Clark Rebekah Ellen Thacker, Eugene M Jordan II, Joseph R Witt, Michael A Glasser and William F Keefe. View Institutional Ownership Trends for Old Point Financial.
Which institutional investors are selling Old Point Financial stock?
Which institutional investors are buying Old Point Financial stock?
OPOF stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP. Company insiders that have bought Old Point Financial stock in the last two years include Clark Rebekah Ellen Thacker, Joseph R Witt, Michael A Glasser and William F Keefe. View Insider Buying and Selling for Old Point Financial.
How do I buy shares of Old Point Financial?
Shares of OPOF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Old Point Financial's stock price today?
One share of OPOF stock can currently be purchased for approximately $28.93.
How big of a company is Old Point Financial?
Old Point Financial has a market capitalization of $147.30 million and generates $46.99 million in revenue each year. Old Point Financial employs 301 workers across the globe.
How can I contact Old Point Financial?
Old Point Financial's mailing address is 1 WEST MELLEN STREET, HAMPTON VA, 23663. The bank can be reached via phone at 757-728-1200 or via email at [email protected]
MarketBeat Community Rating for Old Point Financial (OPOF)
MarketBeat's community ratings are surveys of what our community members think about Old Point Financial and other stocks. Vote "Outperform" if you believe OPOF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OPOF will underperform the S&P 500 over the long term. You may vote once every thirty days.
