Old Point Financial Corp OPOF Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Dec 05, 2023 (filed on Dec 06, 2023)

Insider Name:

Golden Sarah B

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

59

Price:

$16.95
Dec 05, 2023 (filed on Dec 06, 2023)

Insider Name:

Glasser Michael A

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

32

Price:

$16.95
Dec 05, 2023 (filed on Dec 06, 2023)

Insider Name:

Langley Tom B

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

59

Price:

$16.95
Nov 15, 2023 (filed on Nov 20, 2023)

Insider Name:

Keefe William F

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-209

Price:

$15.79
Oct 31, 2023 (filed on Nov 02, 2023)

Insider Name:

Witt Joseph R

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

80

Price:

$16.10
Oct 31, 2023 (filed on Oct 31, 2023)

Insider Name:

Pickett Paul M

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--
Oct 03, 2023 (filed on Nov 20, 2023)

Insider Name:

Keefe William F

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

L - Small acquisition under Rule 16a-6

# or value acquired/disposed of:

19

Price:

$17.96
Sep 04, 2023 (filed on Sep 06, 2023)

Insider Name:

Beale Elizabeth T

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-1,483

Price:

--
Aug 31, 2023 (filed on Nov 02, 2023)

Insider Name:

Witt Joseph R

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

L - Small acquisition under Rule 16a-6

# or value acquired/disposed of:

20

Price:

$17.32
Aug 29, 2023 (filed on Sep 01, 2023)

Insider Name:

Glasser Michael A

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

21

Price:

$18.93

Filings by filing date

Dec 05, 2023 (filed on Dec 06, 2023)

Insider Name:

Golden Sarah B

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

59

Price:

$16.95
Dec 05, 2023 (filed on Dec 06, 2023)

Insider Name:

Glasser Michael A

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

32

Price:

$16.95
Dec 05, 2023 (filed on Dec 06, 2023)

Insider Name:

Langley Tom B

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

59

Price:

$16.95
Nov 15, 2023 (filed on Nov 20, 2023)

Insider Name:

Keefe William F

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-209

Price:

$15.79
Oct 03, 2023 (filed on Nov 20, 2023)

Insider Name:

Keefe William F

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

L - Small acquisition under Rule 16a-6

# or value acquired/disposed of:

19

Price:

$17.96
Jul 05, 2023 (filed on Nov 20, 2023)

Insider Name:

Keefe William F

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

L - Small acquisition under Rule 16a-6

# or value acquired/disposed of:

19

Price:

$17.59
Oct 31, 2023 (filed on Nov 02, 2023)

Insider Name:

Witt Joseph R

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

80

Price:

$16.10
Aug 31, 2023 (filed on Nov 02, 2023)

Insider Name:

Witt Joseph R

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

L - Small acquisition under Rule 16a-6

# or value acquired/disposed of:

20

Price:

$17.32
Oct 31, 2023 (filed on Oct 31, 2023)

Insider Name:

Pickett Paul M

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--
May 22, 2023 (filed on Sep 07, 2023)

Insider Name:

PL Capital Advisors, LLC

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

J - Other transaction

# or value acquired/disposed of:

-1,100

Price:

--

News

Biz Brief

Sector: Financials	Industry: Banks

See Regulatory Filings on SEC

Company Contact

Address:	1 W Mellen St HAMPTON VA 23663
Tel:	1-757-7281743
Website:	https://oldpoint.com
IR:	See website

Key People

Robert F. Shuford Chairman of the Board, President, Chief Executive Officer	Paul Pickett Chief Financial Officer, Senior Vice President	Joseph R. Witt Executive Vice President - Financial Service, Director
Donald S. Buckless Senior Vice President, Chief Lending Officer	A. Eric Kauders Senior Vice President - Trust	Thomas L. Hotchkiss Chief Credit Officer, Executive Vice President of the Bank

Business Overview

Old Point Financial Corporation is a holding company of the Old Point National Bank of Phoebus (the Bank) and Old Point Trust & Financial Services, N.A. (the Wealth). The Bank serves individual and commercial customers in the Hampton Roads region of Virginia. It has over 14 branch offices, serving the Hampton Roads localities of Hampton, Newport News, Norfolk, Virginia Beach, Chesapeake, Williamsburg/James City County, York County, and Isle of Wight County. The Bank offers a full range of deposit and loan products to its retail and commercial customers, including mortgage loan products offered through Old Point Mortgage. It offers insurance products through Old Point Insurance, LLC in partnership with Morgan Marrow Company. The Wealth offers a full range of services for individuals and businesses, including retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax services and investment management services.

Financial Overview

For the fiscal year ended 31 December 2023, Old Point Financial Corp interest income increased 39% to $66.6M. Net interest income after loan loss provision increased 7% to $45.6M. Net income decreased 15% to $7.7M. Net interest income after loan loss provision reflects Bank segment increase of 45% to $61.2M, Trust segment increase of 15% to $5.5M. Net income was offset by Unconsolidated Parent segment income decrease of 15% to $7.7M.

Employees:	291 as of Dec 31, 2023

Reporting Currency:	U.S. Dollars
Enterprise value:	$89.51M as of Dec 31, 2023
Annual revenue (TTM):	$66.63M as of Dec 31, 2023
EBITDA (TTM):	$12.39M as of Dec 31, 2023
Net annual income (TTM):	$7.73M as of Dec 31, 2023
Free cash flow (TTM):	$7.13M as of Dec 31, 2023
Net Debt Last Fiscal Year:	$17.32M as of Dec 31, 2023
Shares outstanding:	5,040,391 as of Mar 19, 2024
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization