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Last $15.62 USD
Change Today +0.2699 / 1.76%
Volume 2.1K
OPOF On Other Exchanges
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

old point financial corp (OPOF) Snapshot

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Day High
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52 Week High
07/18/14 - $16.89
52 Week Low
08/19/14 - $14.36
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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old point financial corp (OPOF) Details

Old Point Financial Corporation operates as the holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services. The company offers deposit products, such as interest-bearing transaction accounts, money market deposit accounts, savings accounts, and time deposits. It also provides commercial, real estate construction, real estate mortgage, consumer, 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 for individuals and businesses. As of March 31, 2014, it operates 18 branches in 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.

283 Employees
Last Reported Date: 03/30/15
Founded in 1922

old point financial corp (OPOF) Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: $300.0K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $188.5K
Chief Operating Officer, Senior Vice Presiden...
Total Annual Compensation: $233.8K
Executive Vice President, Secretary, Director...
Total Annual Compensation: $300.0K
Chief Administrative Officer, Senior Vice Pre...
Total Annual Compensation: $230.8K
Compensation as of Fiscal Year 2014.

old point financial corp (OPOF) Key Developments

Old Point Financial Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Old Point Financial Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company's total interest and dividend income was $7,504,000 compared to $7,466,000 a year ago. Net interest income was $6,611,000 compared to $6,435,000 a year ago. Net interest income, after provision for loan losses was $6,336,000 compared to $6,185,000 a year ago. Income before income taxes was $1,326,000 compared to $1,084,000 a year ago. Net income was $1,205,000, or $0.24 per basic and diluted share, compared to net income of $977,000, or $0.20 per basic and diluted share a year ago.

Old Point Financial Corporation, Annual General Meeting, May 26, 2015

Old Point Financial Corporation, Annual General Meeting, May 26, 2015., at 18:00 US Eastern Standard Time. Location: The Hampton Roads Convention Center. Agenda: To elect 13 directors to the board of directors of the company to serve until the 2016 annual meeting of stockholders; to approve the compensation of the company's named executive officers; to ratify the appointment of Yount, Hyde & Barbour, P.C. as the company's independent registered public accounting firm for the fiscal year ending December 31, 2015; and to transact such other business as may properly come before the meeting or any adjournment thereof.

Old Point Financial Corporation Appoints Tom B. Langley to Board of Directors

Old Point Financial Corporation announced that Tom B. Langley has been appointed to it's Board of Directors. Mr. Langley is the President of Langley and McDonald.


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Industry Average

Valuation OPOF Industry Range
Price/Earnings 17.8x
Price/Sales 2.0x
Price/Book 0.9x
Price/Cash Flow 17.8x
TEV/Sales NM Not Meaningful

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