OPOF - Old Point Financial Corp Stock Price, Fair Value and News

13.66USD-0.39 (-2.78%)Market Closed

Market Summary

USD13.66-0.39

Market Closed

-2.78%

OPOF Stock Price

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OPOF RSI Chart

OPOF Valuation

Market Cap

68.9M

Price/Earnings (Trailing)

8.91

Price/Sales (Trailing)

1.03

EV/EBITDA

-0.88

Price/Free Cashflow

6.92

OPOF Price/Sales (Trailing)

OPOF Profitability

EBT Margin

13.60%

Return on Equity

7.24%

Return on Assets

0.53%

Free Cashflow Yield

14.44%

OPOF Fundamentals

OPOF Revenue

Revenue (TTM)

66.6M

Rev. Growth (Yr)

27.03%

Rev. Growth (Qtr)

4.35%

OPOF Earnings

Earnings (TTM)

7.7M

Earnings Growth (Yr)

-43.89%

Earnings Growth (Qtr)

8.88%

Breaking Down OPOF Revenue

Last 7 days

-4.6%

Last 30 days

-18.9%

Last 90 days

-24.0%

Trailing 12 Months

-20.6%

How does OPOF drawdown profile look like?

OPOF Financial Health

OPOF Investor Care

Dividend Yield

4.1%

Dividend/Share (TTM)

0.56

Shares Dilution (1Y)

0.80%

Diluted EPS (TTM)

1.55

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	52.7M	58.0M	62.8M	66.6M
2022	41.7M	43.0M	44.5M	48.0M
2021	41.0M	41.0M	42.1M	42.3M
2020	40.4M	40.1M	39.6M	40.0M
2019	39.3M	39.8M	40.2M	40.2M
2018	34.0M	35.5M	36.8M	38.2M
2017	30.2M	30.8M	31.9M	32.9M
2016	30.2M	30.0M	29.9M	29.8M
2015	30.3M	30.3M	30.4M	30.3M
2014	29.7M	29.7M	30.0M	30.3M
2013	31.8M	31.0M	30.3M	29.8M
2012	35.3M	34.5M	33.4M	32.6M
2011	39.8M	38.8M	37.6M	36.3M
2010	0	41.4M	41.2M	40.9M
2009	0	0	0	41.7M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Old Point Financial Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 05, 2023	glasser michael a	bought	547	16.95	32.3169	-
Dec 05, 2023	golden sarah b	bought	1,000	16.95	59.0013	-
Dec 05, 2023	langley tom b	bought	1,000	16.95	59.0013	-
Nov 15, 2023	keefe william f	back to issuer	-3,300	15.79	-209	-
Oct 31, 2023	witt joseph r	bought	1,288	16.1	80.00	president/financial svcs, cso
Oct 03, 2023	keefe william f	acquired	332	17.96	18.5251	-
Sep 04, 2023	beale elizabeth t	back to issuer	-	-	-1,483	svp/cfo
Aug 31, 2023	witt joseph r	acquired	346	17.32	20.00	president/financial svcs, cso
Aug 29, 2023	glasser michael a	bought	396	18.93	20.9223	-
Aug 29, 2023	golden sarah b	bought	997	18.93	52.7027	-

Which funds bought or sold OPOF recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
May 01, 2024	PL Capital Advisors, LLC	unchanged	-	-108,872	10,736,000	4.09%
Apr 30, 2024	Mill Capital Management, LLC	unchanged	-	-8,229	203,202	0.02%
Apr 29, 2024	PBMares Wealth Management LLC	reduced	-12.48	-98,586	522,106	0.14%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	unchanged	-	-708	37,330	-%
Mar 11, 2024	VANGUARD GROUP INC	added	2.59	22,108	3,292,090	-%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	4.34	7,412	573,016	0.01%
Feb 14, 2024	STATE STREET CORP	reduced	-46.68	-169,109	181,520	-%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	new	-	36.00	36.00	-%
Feb 14, 2024	Fourthstone LLC	added	45.51	145,298	484,791	0.10%

Are Funds Buying or Selling OPOF?

Are funds buying OPOF calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own OPOF

No. of Funds

Unveiling Old Point Financial Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 07, 2024	fj capital management llc	7.15%	360,015	SC 13G/A
Aug 09, 2023	southern bancshares nc inc	6.0%	302,239	SC 13D/A
Feb 08, 2023	fj capital management llc	7.89%	394,121	SC 13G/A
May 12, 2022	southern bancshares nc inc	5.0%	259,365	SC 13D
Mar 25, 2022	pl capital advisors, llc	11.9%	625,246	SC 13D/A
Mar 25, 2022	pl capital advisors, llc	11.9%	625,246	SC 13D/A
Jan 31, 2022	pl capital advisors, llc	9.9%	519,857	SC 13D/A
Aug 17, 2021	pl capital advisors, llc	9.9%	519,857	SC 13D/A
Feb 10, 2021	fj capital management llc	9.52%	512,121	SC 13G/A
Jan 19, 2021	pl capital advisors, llc	9.4%	489,528	SC 13D/A

Recent SEC filings of Old Point Financial Corp

View All Filings

Date Filed	Form Type	Document
Apr 30, 2024	8-K	Current Report
Apr 23, 2024	8-K/A	Current Report
Apr 17, 2024	DEFA14A	DEFA14A
Apr 17, 2024	DEF 14A	DEF 14A
Apr 17, 2024	ARS	ARS
Apr 01, 2024	10-K	Annual Report
Mar 27, 2024	8-K	Current Report
Feb 21, 2024	8-K	Current Report
Feb 07, 2024	SC 13G/A	Major Ownership Report
Jan 31, 2024	8-K	Current Report

Peers (Alternatives to Old Point Financial Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	550.4B	174.7B	-3.62%	40.95%	10.93	3.15	53.11%	19.83%
BAC	288.3B	127.4B	-1.15%	32.34%	11.52	2.26	44.27%	-12.56%
WFC	208.6B	85.8B	4.32%	56.01%	11.11	2.43	35.02%	26.14%
C	117.6B	133.3B	-2.05%	34.77%	12.75	0.88	79.09%	-
CFG	16.1B	10.2B	-0.14%	33.45%	9.98	1.57	44.53%	-22.43%
KEY	14.0B	8.1B	-2.62%	55.93%	16.03	1.72	32.15%	-50.93%
MID-CAP
CMA	6.9B	4.2B	-3.21%	45.81%	9.9	1.62	34.68%	-45.96%
ZION	6.3B	3.9B	0.71%	88.53%	9.31	1.6	45.91%	-25.03%
ABCB	3.4B	1.3B	3.97%	58.26%	12.49	2.62	43.24%	-22.35%
ASB	3.3B	1.8B	5.09%	36.86%	20.51	1.79	32.64%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	391.4M	152.4M	-5.49%	44.45%	39.37	2.57	16.94%	-73.84%
AROW	387.7M	162.6M	-2.25%	14.75%	12.89	2.38	25.39%	-38.37%
ACNB	284.2M	96.6M	-5.09%	17.23%	8.97	2.94	11.02%	-11.37%
ASRV	42.0M	60.9M	2.51%	-13.74%	-12.56	0.69	24.06%	-144.92%

Old Point Financial Corp News

Latest updates

Old Point Financial Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	4.4%	17,937	17,189	16,347	15,153	14,120	12,368	11,085	10,470	10,600	10,815	9,859	10,978	10,438	9,737	9,848	9,986	10,024	10,208	10,133	9,876	10,027
EBITDA Margin	-82.9%	0.17*	0.98*	1.09*	1.17*	1.19*	1.18*	1.17*	1.17*	1.20*	1.16*	1.13*	1.14*	-	-	-	-	-	-	-	-	-
Interest Expenses	-100.0%	-	11,426	12,099	12,813	12,909	11,571	10,321	9,637	9,656	9,876	9,106	10,156	9,358	8,468	8,473	8,418	8,377	8,552	8,531	8,359	8,579
Income Taxes	88.1%	301	160	266	607	471	427	269	307	173	286	267	570	-89.00	61.00	433	116	305	361	183	231	95.00
Earnings Before Taxes	17.2%	1,784	1,522	2,068	3,690	3,114	2,969	2,161	2,338	1,851	2,194	2,109	3,582	456	1,161	2,927	1,366	2,280	2,593	1,809	2,258	1,483
EBT Margin	-17.8%	0.14*	0.17*	0.20*	0.23*	0.22*	0.21*	0.20*	0.20*	0.23*	0.20*	0.18*	0.20*	-	-	-	-	-	-	-	-	-
Net Income	8.9%	1,483	1,362	1,802	3,083	2,643	2,542	1,892	2,031	1,678	1,908	1,842	3,012	545	1,100	2,494	1,250	1,975	2,232	1,626	2,027	1,388
Net Income Margin	-18.0%	0.12*	0.14*	0.17*	0.19*	0.19*	0.18*	0.17*	0.18*	0.20*	0.17*	0.16*	0.17*	-	-	-	-	-	-	-	-	-
Free Cashflow	12.8%	2,836	2,514	1,222	3,371	3,396	3,391	5,089	4,335	5,180	1,332	1,084	14,066	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.0%	1,446	1,447	1,443	1,416	1,355	1,317	1,315	1,325	1,338	1,312	1,275	1,258	1,226	1,256	1,221	1,065	1,054	1,051	1,029	1,027	1,038
Cash Equivalents	1.4%	79.00	78.00	54.00	29.00	19.00	55.00	87.00	158	188	184	155	177	120	132	130	78.00	90.00	91.00	51.00	33.00	42.00
Net PPE	-1.2%	30.00	30.00	30.00	31.00	31.00	31.00	31.00	31.00	32.00	32.00	32.00	32.00	34.00	34.00	34.00	35.00	35.00	36.00	36.00	37.00	37.00
Goodwill	0%	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Liabilities	-0.6%	1,340	1,348	1,341	1,314	1,257	1,223	1,214	1,217	1,217	1,191	1,155	1,140	1,109	1,139	1,105	955	945	942	922	922	936
Shareholder's Equity	7.3%	107	100	103	103	99.00	94.00	101	108	121	121	120	118	117	117	116	110	110	109	107	105	102
Retained Earnings	1.2%	82.00	81.00	81.00	80.00	78.00	76.00	74.00	73.00	72.00	71.00	69.00	68.00	66.00	66.00	65.00	64.00	63.00	62.00	60.00	59.00	58.00
Additional Paid-In Capital	0.8%	17.00	17.00	17.00	17.00	17.00	16.00	18.00	19.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00
Shares Outstanding	0.0%	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	-	85.00	-	-	-	93.00	-	-	-	59.00	-	-	-	84.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	3.2%	3,004	2,912	1,579	3,501	3,781	3,759	5,493	4,532	5,564	1,702	1,718	14,192	717	-8,776	756	-1,332	4,439	3,052	3,226	1,653	4,737
Share Based Compensation	-25.7%	127	171	141	107	121	121	103	71.00	80.00	84.00	69.00	61.00	62.00	56.00	57.00	86.00	63.00	22.00	89.00	50.00	57.00
Cashflow From Investing	-68.2%	4,941	15,516	-1,841	-51,163	-70,647	-42,639	-69,389	-30,765	-27,153	-8,118	-43,834	18,374	19,375	-22,167	-98,394	-21,055	-7,690	18,760	15,318	2,743	180
Cashflow From Financing	-235.2%	-6,827	5,050	25,356	57,481	31,573	6,607	-7,591	-3,386	25,207	35,222	20,210	24,401	-31,531	33,200	149,127	10,652	1,909	18,793	-741	-13,814	8,681
Dividend Payments	0%	706	706	705	700	652	652	662	674	682	682	630	626	628	626	627	624	625	623	625	623	571
Buy Backs	-	-	-	-	-	-	1,685	1,922	3,048	150	-	-	-	-	-	-	-	-	-	-	-	-

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OPOF Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Interest and dividend income:
Loans, including fees	$ 56,303	$ 41,407
Due from banks	2,067	598
Federal funds sold	34	21
Securities:
Taxable	7,177	4,936
Tax-exempt	719	994
Dividends and interest on all other securities	326	87
Total interest and dividend income	66,626	48,043
Interest expense:
Checking and savings deposits	6,810	746
Time deposits	7,057	1,403
Federal funds purchased, securities sold under agreements to repurchase and other borrowings	40	69
Federal Home Loan Bank advances	3,339	1,180
Long-term borrowings	1,181	207
Total interest expense	18,427	3,605
Net interest income	48,199	44,438
Provision for credit losses	2,601	1,706
Net interest income after provision for credit losses	45,598	42,732
Noninterest income:
Bank-owned life insurance income	1,038	909
Mortgage banking income	433	497
Loss on sale of available-for-sale securities, net	(134)	(1,870)
Loss on sale of repossessed assets	(69)	0
Gain on sale of premises and equipment	220	1,690
Total noninterest income	13,873	13,505
Noninterest expense:
Salaries and employee benefits	30,429	27,055
Occupancy and equipment	4,889	4,720
Data processing	5,010	4,630
Customer development	548	473
Professional services	2,664	2,673
Employee professional development	1,002	991
Other taxes	950	849
ATM and other losses	782	535
Other operating expenses	4,133	3,729
Total noninterest expense	50,407	45,655
Income before income taxes	9,064	10,582
Income tax expense	1,334	1,474
Net income	$ 7,730	$ 9,108
Basic Earnings per Share:
Weighted average shares outstanding (in shares)	5,025,006	5,071,130
Net income per share of common stock (in dollars per share)	$ 1.54	$ 1.8
Diluted Earnings per Share:
Weighted average shares outstanding (in shares)	5,025,139	5,071,169
Net income per share of common stock (in dollars per share)	$ 1.54	$ 1.8
Fiduciary and Asset Management Fees [Member]
Noninterest income:
Noninterest revenue	$ 4,632	$ 4,097
Service Charges on Deposit Accounts [Member]
Noninterest income:
Noninterest revenue	3,077	3,069
Other Service Charges, Commissions and Fees [Member]
Noninterest income:
Noninterest revenue	4,143	4,383
Other Operating Income [Member]
Noninterest income:
Noninterest revenue	$ 533	$ 730

OPOF Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Assets

Cash and due from banks

$ 14,731

$ 15,670

Interest-bearing due from banks

63,539

3,580

Federal funds sold

489

Cash and cash equivalents

78,759

19,250

Securities available-for-sale, at fair value

204,278

225,518

Restricted securities, at cost

5,176

3,434

Loans held for sale

470

421

Loans, net

^[1]

1,068,046

1,016,559

Premises and equipment, net

29,913

31,008

Premises and equipment, held for sale

344

987

Bank-owned life insurance

35,088

34,049

Goodwill

1,650

Core deposit intangible, net

187

231

Other assets

22,471

22,228

Total assets

1,446,382

1,355,335

Deposits:

Noninterest-bearing deposits

331,992

418,582

Savings deposits

655,694

584,527

Time deposits

242,711

152,910

Total deposits

1,230,397

1,156,019

Overnight repurchase agreements

2,383

4,987

Federal funds purchased and other short-term borrowings

11,378

Federal Home Loan Bank advances

69,450

46,100

Long-term borrowings

29,668

29,538

Accrued expenses and other liabilities

7,706

8,579

Total liabilities

1,339,604

1,256,601

Stockholders' equity:

Common stock, $5 par value, 10,000,000 shares authorized; 5,040,095 and 4,999,083 shares outstanding (includes 53,660 and 46,989 of nonvested restricted stock, respectively)

24,932

24,761

Additional paid-in capital

17,099

16,593

Retained earnings

82,277

78,147

Accumulated other comprehensive loss, net

(17,530)

(20,767)

Total stockholders' equity

106,778

98,734

Total liabilities and stockholders' equity

$ 1,446,382

$ 1,355,335

[1]	Net deferred loan costs totaled $1.2 million and $1.0 million at December 31, 2023 and 2022, respectively.

About Old Point Financial Corp

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. 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, commercial, and mortgage loans, such as residential 1-4 family mortgages, second mortgages, and equity lines of credit; and other loans, as well as cash management services. In addition, the company offers retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax, and investment management services; and insurance products and wealth management services. Further, it offers debit cards; online, telephone, text banking; overdraft protection; bill pay; mobile payment; check ordering; and ATM. Old Point Financial Corporation was founded in 1922 and is headquartered in Hampton, Virginia.

CEO	Mr. Robert F. Shuford Jr.
WEBSITE	https://oldpoint.com
INDUSTRY	Banks Diversified
EMPLOYEES	294

Old Point Financial Corp Frequently Asked Questions

What is the ticker symbol for Old Point Financial Corp? What does OPOF stand for in stocks?

OPOF is the stock ticker symbol of Old Point Financial Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Old Point Financial Corp (OPOF)?

As of Thu May 02 2024, market cap of Old Point Financial Corp is 68.85 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OPOF stock?

You can check OPOF's fair value in chart for subscribers.

What is the fair value of OPOF stock?

You can check OPOF's fair value in chart for subscribers. The fair value of Old Point Financial Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Old Point Financial Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OPOF so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Old Point Financial Corp a good stock to buy?

The fair value guage provides a quick view whether OPOF is over valued or under valued. Whether Old Point Financial Corp is cheap or expensive depends on the assumptions which impact Old Point Financial Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OPOF.

What is Old Point Financial Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 02 2024, OPOF's PE ratio (Price to Earnings) is 8.91 and Price to Sales (PS) ratio is 1.03. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OPOF PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Old Point Financial Corp's stock?

In the past 10 years, Old Point Financial Corp has provided 0.007 (multiply by 100 for percentage) rate of return.