Old Point Financial (OPOF) AI Stock Analysis

• Market Cap: $151.98M
• Dividend Yield: 1.85%
• Average Volume (3M): 7.31K
• Price to Earnings (P/E): 16.1
• Beta (1Y): 0.59
• Revenue Growth: 6.90%
• EPS Growth: 21.84%
• Country: US
• Employees: 293
• Sector: Financial
• Sector Strength: 77
• Industry: Banking
• EPS (TTM): 1.88
• Shares Outstanding: 5,077,695
• 10 Day Avg. Volume: 10,243
• 30 Day Avg. Volume: 7,311
• PEG Ratio: 0.74
• Price to Book (P/B): N/A
• Price to Sales (P/S): 2.50
• Price to Cash Flow (P/CF): 5.80
• P/FCF Ratio: 3.40
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Old Point Financial's overall score reflects its solid financial health, driven by strong revenue growth and cash flow management. The technical indicators support a positive trend, though caution is advised due to potential overbought conditions. The fair valuation and stable dividend yield add to its appeal. Recent corporate events further bolster confidence, despite the lack of detailed earnings call insights.

Old Point Financial Business Overview & Revenue Model

Company Description

Old Point Financial Corporation (OPOF) is a financial services company headquartered in Hampton, Virginia. It operates primarily through its two subsidiaries: Old Point National Bank, which offers community banking services, and Old Point Trust & Financial Services, N.A., which provides wealth management and trust services. The company serves individuals and businesses in the Hampton Roads area with a range of financial products and services, including personal and business banking, mortgage lending, and financial advisory services.

How the Company Makes Money

Old Point Financial Corporation generates revenue through a variety of financial services and products. The primary source of income is the interest earned on loans and leases provided to individuals and businesses, such as commercial loans, consumer loans, and residential mortgages. Additionally, the company earns non-interest income from service charges on deposit accounts, mortgage banking activities, and fees for trust and wealth management services. This diversified revenue model allows OPOF to leverage its community banking and financial advisory expertise, catering to both personal and commercial clients in its regional market.

Old Point Financial Financial Statement Overview

Summary

Old Point Financial exhibits strong financial performance with robust revenue growth and efficient cash flow management. The company has a high gross profit margin and a healthy balance sheet, although there is room to improve operational efficiency and profitability metrics.

Income Statement

Old Point Financial shows strong revenue growth with a TTM revenue of $82.12M, up from $59.47M in 2023, reflecting a robust revenue growth rate of 38%. The gross profit margin is high at 89.15%, indicating efficient cost management. However, the EBIT margin of 27.98% suggests room for improvement in operational efficiency. The net profit margin is stable at 9.87%, consistent with industry standards.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.60, which is favorable for future leverage capabilities. The equity ratio is modest at 7.81%, indicating reliance on liabilities to finance assets. The return on equity stands at 7.03%, suggesting moderate profitability in relation to shareholder investments.

Cash Flow

Old Point Financial demonstrates positive cash flow management with a free cash flow growth rate of 44.04%, indicating improved liquidity. The operating cash flow to net income ratio is 1.79, showcasing effective conversion of profits into cash. The free cash flow to net income ratio is 1.77, reflecting strong cash generation relative to net income.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
82.12M	59.47M	55.72M	53.68M	48.50M	47.90M
	Gross Profit
73.22M	62.49M	51.99M	50.05M	45.13M	45.24M
	EBIT
22.98M	14.93M	11.76M	9.74M	5.91M	8.94M
	EBITDA
9.48M	0.00	730.00K	358.00K	219.00K	235.00K
	Net Income Common Stockholders
8.11M	7.73M	9.11M	8.44M	5.39M	7.86M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
188.16M	78.76M	244.77M	411.55M	306.84M	231.60M
	Total Assets
1.04B	1.45B	1.36B	1.34B	1.23B	1.05B
	Total Debt
62.55M	99.12M	75.64M	29.41M	1.35M	38.95M
	Net Debt
22.64M	20.85M	56.39M	-147.82M	-119.08M	-46.94M
	Total Liabilities
936.18M	1.34B	1.26B	29.41M	1.35M	38.95M
	Stockholders Equity
102.01M	106.78M	98.73M	120.82M	117.14M	109.76M
Cash Flow		Free Cash Flow
14.32M	9.94M	16.21M	21.66M	-9.56M	10.59M
	Operating Cash Flow
14.49M	11.00M	17.57M	23.18M	-8.63M	12.37M
	Investing Cash Flow
69.21M	-32.55M	-213.44M	-60.73M	-122.24M	29.13M
	Financing Cash Flow
13.47M	81.06M	27.20M	105.04M	161.45M	6.15M

Old Point Financial Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 29.93
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OPOF, the sentiment is Positive. The current price of 29.93 is above the 20-day moving average (MA) of 29.43, above the 50-day MA of 26.75, and above the 200-day MA of 20.40, indicating a bullish trend. The MACD of 1.21 indicates Positive momentum. The RSI at 68.18 is Neutral, neither overbought nor oversold. The STOCH value of 29.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for OPOF.

Old Point Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OPOF	77 Outperform	$151.98M	16.10	8.61%	1.85%	6.90%	21.84%
BANF	73 Outperform	$3.60B	16.82	14.16%	1.64%	12.93%	1.40%
CCNE	67 Neutral	$471.64M	9.78	9.17%	3.18%	11.48%	-6.49%
FMBH	65 Neutral	$839.38M	10.69	9.62%	2.69%	17.70%	3.88%
FUNC	64 Neutral	$192.89M	10.12	12.06%	2.63%	12.56%	-18.63%
Sector *	64 Neutral	$13.80B	10.64	9.23%	4.22%	17.66%	-7.66%
FULT	62 Neutral	$3.18B	11.71	9.69%	3.95%	21.10%	-4.20%

Old Point Financial Corporate Events

Old Point Financial Declares Consistent Quarterly Dividend

Old Point Financial Corporation has announced a quarterly cash dividend of $0.14 per share, set for distribution on December 27, 2024, to shareholders recorded by December 4, 2024. With a consistent dividend amount from the previous quarter and an annual yield of about 2.76% based on a recent stock price, this announcement highlights the company’s stable financial performance, appealing to investors interested in reliable dividend-paying stocks.

Old Point Financial Appoints Cathy Liles as CFO

Cathy W. Liles has been appointed Chief Financial Officer of Old Point Financial Corporation and Old Point National Bank. With extensive experience in banking and accounting, she is expected to enhance Old Point’s growth strategies. Previously serving as Interim CFO, her appointment is backed by the Board’s confidence, underscoring a commitment to excellence in financial leadership.