Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank that provides consumer, mortgage and business banking services for individual, retail and commercial customers. 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 and real estate mortgage loans, such as residential 1-4 family mortgages, commercial real estate loans, second mortgages and equity lines of credit, and other loans, as well as cash management services.

Type
Public
HQ
Hampton, US
Founded
1923
Size (employees)
266 (est)
Old Point Financial Corporation was founded in 1923 and is headquartered in Hampton, US
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Old Point Financial Corporation Office Locations

Old Point Financial Corporation has an office in Hampton
Hampton, US (HQ)
1 W Mellen St
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Old Point Financial Corporation Financials and Metrics

Old Point Financial Corporation Financials

Old Point Financial Corporation's revenue was reported to be $43.29 m in FY, 2016 which is a 0.3% decrease from the previous period.
USD

Revenue (Q1, 2018)

12.2 m

Gross profit (Q1, 2018)

11.1 m

Gross profit margin (Q1, 2018), %

91.3%

Net income (Q1, 2018)

942 k

EBIT (Q1, 2018)

7.7 m

Market capitalization (14-Jun-2018)

141.3 m

Closing share price (14-Jun-2018)

27.7

Cash (31-Mar-2018)

43.4 m

EV

167.8 m
Old Point Financial Corporation's current market capitalization is $141.3 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

42.6 m42.9 m43.4 m43.3 m

Revenue growth, %

1%1%0%

Cost of goods sold

3.6 m2.6 m3 m

Gross profit

39.8 m40.7 m
Quarterly
USDQ3, 2013Q1, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

10.9 m10.8 m11 m10.7 m10.8 m10.9 m12.2 m12.2 m

Cost of goods sold

918 k915 k719 k582 k633 k588 k673 k837 k1.1 m

Gross profit

10 m9.9 m10.3 m10.1 m10.1 m10.3 m11.5 m11.1 m

Gross profit Margin, %

92%92%93%95%94%95%94%91%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

31.3 m33.3 m37 m25.9 m14.4 m

Accounts Receivable

Inventories

PP&E

40.5 m42.1 m41.3 m39.3 m37.2 m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

21.1 m14.8 m13.3 m32.2 m74.9 m20.5 m30.4 m15.4 m43.4 m

PP&E

41.9 m41.4 m41 m40.3 m39.8 m38.9 m38.4 m37.8 m36.8 m

Goodwill

621 k

Total Assets

893.5 m879 m856.8 m897.7 m905.8 m922.8 m952.5 m954.5 m993.8 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

3.2 m4.1 m3.6 m3.8 m(29 k)

Depreciation and Amortization

4.5 m4.5 m4.7 m4.9 m2.7 m

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

3 m977 k2.8 m1.2 m2.5 m3.3 m1 m1.6 m2.9 m942 k2.1 m942 k

Depreciation and Amortization

3.4 m1 m3.4 m1.2 m2.4 m3.6 m1.2 m2.4 m3.6 m1.3 m2.6 m1.1 m

Cash From Operating Activities

7 m2.9 m7.5 m2.8 m3.9 m7.1 m1.2 m2.9 m6 m3.4 m3.7 m3 m

Cash From Investing Activities

41 m(7.1 m)(4.8 m)(15.6 m)(27.5 m)(20.2 m)16.5 m(5.1 m)28.1 m(26.8 m)(45.7 m)13.2 m
USDY, 2018

EV/EBIT

21.7 x

EV/CFO

56.7 x

Financial Leverage

10.5 x
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Old Point Financial Corporation Online and Social Media Presence

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