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Old Point Financial ( (OPOF) ) has issued an announcement.
On September 1, 2025, Old Point Financial Corporation and its subsidiary completed their merger with TowneBank, resulting in TowneBank surviving the merger. As a consequence of the merger, Old Point’s common stock was delisted from Nasdaq, and the company ceased to exist as a separate legal entity, with TowneBank taking over its reporting obligations and operations.
The most recent analyst rating on (OPOF) stock is a Hold with a $46.00 price target. To see the full list of analyst forecasts on Old Point Financial stock, see the OPOF Stock Forecast page.
Spark’s Take on OPOF Stock
According to Spark, TipRanks’ AI Analyst, OPOF is a Neutral.
Old Point Financial’s overall stock score is driven by its strong financial performance and positive corporate events related to the merger with TowneBank. However, the high P/E ratio and technical indicators suggest caution due to potential overvaluation and short-term pullback risks.
To see Spark’s full report on OPOF stock, click here.
More about Old Point Financial
Old Point Financial Corporation was a Virginia-based corporation with its wholly owned subsidiary, The Old Point National Bank of Phoebus, operating as a nationally chartered banking association.
Average Trading Volume: 33,440
Technical Sentiment Signal: Buy
Current Market Cap: $214.8M
For an in-depth examination of OPOF stock, go to TipRanks’ Overview page.