Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 85.82M | 80.28M | 59.86M | 57.14M | 53.79M |
Gross Profit | 60.91M | 59.25M | 54.55M | 52.88M | 47.50M |
EBITDA | 13.94M | 11.64M | 13.01M | 12.17M | 8.44M |
Net Income | 9.51M | 7.73M | 9.11M | 8.44M | 5.39M |
Balance Sheet | |||||
Total Assets | 1.45B | 1.45B | 1.36B | 1.34B | 1.23B |
Cash, Cash Equivalents and Short-Term Investments | 358.13M | 283.04M | 244.77M | 411.82M | 306.84M |
Total Debt | 73.77M | 101.50M | 92.00M | 33.94M | 7.97M |
Total Liabilities | 1.34B | 1.34B | 1.26B | 1.22B | 1.11B |
Stockholders Equity | 113.97M | 106.78M | 98.73M | 120.82M | 117.14M |
Cash Flow | |||||
Free Cash Flow | 13.23M | 9.94M | 16.21M | 21.66M | -9.56M |
Operating Cash Flow | 14.64M | 11.00M | 17.57M | 23.18M | -8.63M |
Investing Cash Flow | 51.13M | -32.32M | -213.44M | -60.73M | -122.24M |
Financing Cash Flow | -6.07M | 81.06M | 27.20M | 105.04M | 161.45M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
76 Outperform | $197.35M | 11.07 | 11.01% | 3.69% | 2.41% | 14.29% | |
74 Outperform | $195.60M | 9.53 | 14.00% | 2.73% | 2.03% | 390.37% | |
73 Outperform | $218.76M | 12.06 | 8.60% | 3.03% | 7.42% | 15.82% | |
73 Outperform | $207.53M | 31.77 | 2.70% | 4.01% | 16.39% | -72.87% | |
72 Outperform | $203.54M | 23.40 | 7.59% | 1.40% | 1.57% | 21.30% | |
71 Outperform | $213.60M | 19.37 | 4.59% | ― | -3.01% | 48.26% | |
67 Neutral | $17.01B | 11.59 | 9.50% | 3.95% | 10.65% | 1.31% |
On July 2, 2025, Old Point Financial Corporation held a special meeting where shareholders approved the merger of Old Point and its subsidiary, Old Point National Bank, with TowneBank. This merger, subject to customary closing conditions and regulatory approvals, is expected to be completed in the second half of 2025. The approval marks a significant milestone for Old Point, as the strategic partnership with TowneBank is anticipated to bring compelling value and growth opportunities, benefiting the communities they serve.
On April 2, 2025, Old Point Financial Corporation and its subsidiary entered into a merger agreement with TowneBank, with the latter continuing as the surviving entity. Following the announcement, Old Point faced legal challenges from shareholders alleging disclosure deficiencies in the merger documents, but both companies believe the claims are without merit and have supplemented their disclosures to avoid delays and minimize litigation risks.
On May 27, 2025, Old Point Financial Corporation announced a quarterly cash dividend of $0.14 per share to be paid on June 30, 2025, maintaining the same dividend amount as the previous quarter. With the stock’s closing price at $39.01 on May 23, 2025, the annual dividend yield is approximately 1.4%, reflecting the company’s stable financial performance and commitment to shareholder returns.