tiprankstipranks
Trending News
More News >
Old Point Financial Corp. (OPOF)
NASDAQ:OPOF
US Market
Advertisement

Old Point Financial (OPOF) AI Stock Analysis

Compare
123 Followers

Top Page

OPOF

Old Point Financial

(NASDAQ:OPOF)

Rating:72Outperform
Price Target:
$45.00
▲(12.87%Upside)
Old Point Financial's strong technical indicators and positive corporate events, such as the merger with TowneBank, are significant strengths. However, the high valuation and legal challenges related to the merger slightly offset these positives. The company's financial performance is solid, but there is room for improvement in cash flow consistency and shareholder returns.

Old Point Financial (OPOF) vs. SPDR S&P 500 ETF (SPY)

Old Point Financial Business Overview & Revenue Model

Company DescriptionOld 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 MoneyOld Point Financial makes money through a variety of revenue streams. The primary source of income is interest income from loans and mortgages offered to individuals and businesses. The company also earns non-interest income from service charges on deposit accounts, fees from wealth management services, and other financial services provided to customers. Additionally, Old Point Financial benefits from strategic partnerships and affiliations that enhance its service offerings and customer reach.

Old Point Financial Financial Statement Overview

Summary
Old Point Financial exhibits a robust financial performance with strong revenue growth and solid profitability metrics. The balance sheet is healthy with low leverage, but there is room for improvement in return on equity and cash flow consistency.
Income Statement
75
Positive
The company has demonstrated solid revenue growth, with a notable increase in total revenue from previous years. Gross profit margin and net profit margin are strong, indicating efficient cost management and profitability. However, the EBIT margin has slightly decreased over the TTM, suggesting some pressure on operating profits.
Balance Sheet
70
Positive
The balance sheet shows a healthy equity position with a low debt-to-equity ratio, indicating conservative financial leverage. The equity ratio has improved, showcasing a stable asset base supported by stockholders' equity. However, the return on equity shows potential for improvement, suggesting room for enhancing shareholder returns.
Cash Flow
68
Positive
Operating cash flow is strong relative to net income, indicating good cash generation from operations. However, free cash flow growth has been inconsistent, pointing to some volatility in cash flow management. The free cash flow to net income ratio is healthy, but there is room for improvement in sustaining growth.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue85.82M80.28M59.86M57.14M53.79M
Gross Profit60.91M59.25M54.55M52.88M47.50M
EBITDA13.94M11.64M13.01M12.17M8.44M
Net Income9.51M7.73M9.11M8.44M5.39M
Balance Sheet
Total Assets1.45B1.45B1.36B1.34B1.23B
Cash, Cash Equivalents and Short-Term Investments358.13M283.04M244.77M411.82M306.84M
Total Debt73.77M101.50M92.00M33.94M7.97M
Total Liabilities1.34B1.34B1.26B1.22B1.11B
Stockholders Equity113.97M106.78M98.73M120.82M117.14M
Cash Flow
Free Cash Flow13.23M9.94M16.21M21.66M-9.56M
Operating Cash Flow14.64M11.00M17.57M23.18M-8.63M
Investing Cash Flow51.13M-32.32M-213.44M-60.73M-122.24M
Financing Cash Flow-6.07M81.06M27.20M105.04M161.45M

Old Point Financial Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price39.87
Price Trends
50DMA
40.03
Negative
100DMA
37.78
Positive
200DMA
30.82
Positive
Market Momentum
MACD
0.07
Positive
RSI
43.21
Neutral
STOCH
9.18
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OPOF, the sentiment is Neutral. The current price of 39.87 is below the 20-day moving average (MA) of 40.67, below the 50-day MA of 40.03, and above the 200-day MA of 30.82, indicating a neutral trend. The MACD of 0.07 indicates Positive momentum. The RSI at 43.21 is Neutral, neither overbought nor oversold. The STOCH value of 9.18 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for OPOF.

Old Point Financial Risk Analysis

Old Point Financial disclosed 33 risk factors in its most recent earnings report. Old Point Financial reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Old Point Financial Peers Comparison

Overall Rating
UnderperformOutperform
Sector (67)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
$197.35M11.0711.01%3.69%2.41%14.29%
74
Outperform
$195.60M9.5314.00%2.73%2.03%390.37%
73
Outperform
$218.76M12.068.60%3.03%7.42%15.82%
73
Outperform
$207.53M31.772.70%4.01%16.39%-72.87%
72
Outperform
$203.54M23.407.59%1.40%1.57%21.30%
71
Outperform
$213.60M19.374.59%-3.01%48.26%
67
Neutral
$17.01B11.599.50%3.95%10.65%1.31%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
OPOF
Old Point Financial
40.15
21.82
119.04%
HWBK
Hawthorn Bancshares
28.46
8.75
44.39%
MBCN
Middlefield Banc
27.99
5.68
25.46%
PVBC
Provident Bancorp
12.14
2.00
19.72%
BPRN
Bank of Princeton
30.24
-3.29
-9.81%
VABK
Virginia National Bankshares
36.78
2.97
8.78%

Old Point Financial Corporate Events

M&A TransactionsShareholder Meetings
Old Point Financial Approves Merger with TowneBank
Positive
Jul 2, 2025

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.

M&A TransactionsLegal Proceedings
Old Point Financial Faces Shareholder Legal Challenges
Negative
Jun 23, 2025

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.

Dividends
Old Point Financial Declares Quarterly Dividend
Neutral
May 27, 2025

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 03, 2025