Old Point Financial (OPOF) AI Stock Analysis

• Market Cap: $207.16M
• Dividend Yield: 1.38%
• Average Volume (3M): 12.90K
• Price to Earnings (P/E): 20.7
• Beta (1Y): -0.03
• Revenue Growth: 4.92%
• EPS Growth: 55.04%
• Country: US
• Employees: 260
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): 0.42
• Shares Outstanding: 5,105,029
• 10 Day Avg. Volume: 8,590
• 30 Day Avg. Volume: 12,904
• PEG Ratio: 0.91
• Price to Book (P/B): 1.33
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 13.44
• 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

• Rating: 69 Neutral
• Price Target: $44.00 ▲( 8.91% Upside)

Old Point Financial's overall score is bolstered by robust financial performance and a strategic merger with TowneBank, which promises future growth potential. However, the technical indicators suggest a potential short-term overbought condition, and the higher P/E ratio points to possible overvaluation concerns. These factors collectively contribute to a moderately positive outlook.

Old Point Financial Business Overview & Revenue Model

Company Description

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, multi-family and 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. It operates 14 branches in the Hampton Roads localities of Hampton, Newport News, Norfolk, Virginia Beach, Chesapeake, Williamsburg/James City County, York County, and Isle of Wight County; a loan production office in Richmond, Virginia; and a mortgage loan origination office in Charlotte, North Carolina. The company was founded in 1922 and is headquartered in Hampton, Virginia.

How the Company Makes Money

Old Point Financial makes money primarily through interest income generated from its lending activities, including personal, commercial, and mortgage loans. It also earns revenue from fees associated with its banking services, such as account maintenance charges, transaction fees, and service fees for wealth management and insurance products. Additionally, the company benefits from investment income and gains on the sale of investment securities. Strategic partnerships and community-focused initiatives further enhance its business operations and financial performance.

Old Point Financial Financial Statement Overview

Summary

Old Point Financial presents a generally positive financial trajectory, with consistent revenue growth and stable profitability margins. The balance sheet reflects a solid equity position, though attention to debt management is necessary. Cash flow results are mixed, with recent improvements but a need for sustained operational cash generation. Overall, the company shows a stable financial standing with areas for further improvement.

Income Statement

Old Point Financial has demonstrated consistent revenue growth, with total revenue increasing from $47.9M in 2019 to $60.9M in 2024. The gross profit margin has remained stable, indicating effective cost management. However, the absence of EBITDA figures limits a comprehensive profitability analysis. The net profit margin improved, showcasing enhanced operational efficiency.

Balance Sheet

The bank has maintained a strong equity base, with a stockholders' equity increase from $109.8M in 2019 to $113.9M in 2024. The debt-to-equity ratio remains manageable, suggesting prudent leverage use. However, fluctuations in total debt levels across years require monitoring. The equity ratio indicates a solid capital structure, though the recent increase in total liabilities warrants attention.

Cash Flow

Cash flow from operations has been inconsistent, with negative figures in 2020 but improvements in subsequent years. The free cash flow has shown growth, but the absence of recent cash flow data limits a full assessment. The company appears to be managing its capital expenditures effectively, yet reliance on financing cash flows could pose risks.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
60.91M	59.47M	55.72M	53.68M	48.50M
	Gross Profit
60.91M	59.47M	51.99M	50.05M	45.13M
	EBIT
16.81M	14.93M	11.76M	9.74M	5.91M
	EBITDA
0.00	0.00	730.00K	358.00K	219.00K
	Net Income Common Stockholders
9.51M	7.73M	9.11M	8.44M	5.39M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
140.04M	78.76M	244.77M	411.55M	306.84M
	Total Assets
1.45B	1.45B	1.36B	1.34B	1.23B
	Total Debt
69.80M	99.12M	75.64M	29.41M	1.35M
	Net Debt
-70.25M	20.85M	56.39M	-147.82M	-119.08M
	Total Liabilities
1.34B	1.34B	1.26B	29.41M	1.35M
	Stockholders Equity
113.97M	106.78M	98.73M	120.82M	117.14M
Cash Flow		Free Cash Flow
0.00	9.94M	16.21M	21.66M	-9.56M
	Operating Cash Flow
0.00	11.00M	17.57M	23.18M	-8.63M
	Investing Cash Flow
0.00	-32.55M	-213.44M	-60.73M	-122.24M
	Financing Cash Flow
0.00	81.06M	27.20M	105.04M	161.45M

Old Point Financial Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 40.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

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 40.4 is above the 20-day moving average (MA) of 39.50, above the 50-day MA of 35.86, and above the 200-day MA of 25.54, indicating a bullish trend. The MACD of 1.15 indicates Positive momentum. The RSI at 70.55 is Negative, neither overbought nor oversold. The STOCH value of 80.58 is Negative, 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
HWBK	71 Outperform	$217.08M	11.39	6.62%	2.44%	4.86%	800.59%
OPOF	69 Neutral	$207.16M	20.71	8.85%	1.38%	4.92%	55.04%
BPRN	69 Neutral	$222.01M	19.52	4.43%	3.75%	10.64%	-56.22%
MBCN	66 Neutral	$233.95M	14.47	7.72%	2.77%	8.36%	-2.51%
VABK	64 Neutral	$205.22M	11.54	11.15%	3.47%	2.26%	3.83%
Sector *	64 Neutral	$12.78B	9.87	7.67%	17015.06%	12.34%	-5.99%
PVBC	54 Neutral	$201.00M	42.93	1.93%	―	-4.32%	-68.19%

Old Point Financial Corporate Events

Old Point Financial Announces Merger with TowneBank

On April 2, 2025, Old Point Financial Corporation and its subsidiary entered into a merger agreement with TowneBank, which will result in Old Point merging into TowneBank, with the latter continuing as the surviving corporation. The merger, approved by the boards of both companies, offers Old Point shareholders a choice between cash or stock consideration. Additionally, Old Point Bank amended severance agreements with key executives to ensure continuity post-merger. The merger aims to strengthen TowneBank’s market position, with Old Point’s directors invited to join TowneBank’s advisory board, subject to non-compete agreements.