HAMPTON, Va. , May 27, 2025 /PRNewswire/ -- Old Point Financial Corporation declared a quarterly cash dividend of $0.14 per share on its common stock to be paid on June 30, 2025 to shareholders of record as of June 9, 2025.
Old Point's Q1 2025 earnings rise 24% year over year on margin gains and deposit growth, but rising NPAs and higher credit loss provisions pose near-term challenges.
HAMPTON, Va. , April 30, 2025 /PRNewswire/ -- Old Point Financial Corporation (the "Company" or "Old Point") (NASDAQ "OPOF") reported net income of $2.2 million with diluted earnings per common share of $0.42 for the first quarter of 2025 compared to net income of $2.9 million with diluted earnings per common share of $0.57 for the fourth quarter of 2024, and net income of $1.7 million with diluted earnings per common share of $0.34 for the first quarter of 2024.
![]() OPOF In 1 day Announced | Quarterly | $0.14 Per Share |
![]() OPOF 3 months ago Paid | Quarterly | $0.14 Per Share |
![]() OPOF 6 months ago Paid | Quarterly | $0.14 Per Share |
![]() OPOF 9 months ago Paid | Quarterly | $0.14 Per Share |
![]() OPOF 5 Jun 2024 Paid | Quarterly | $0.14 Per Share |
23 Jul 2025 (45 Days) Date | | - Cons. EPS | - EPS |
28 May 2025 Date | | - Cons. EPS | 0.42 EPS |
31 Mar 2025 Date | | - Cons. EPS | 0.57 EPS |
24 Oct 2024 Date | | - Cons. EPS | 0.47 EPS |
25 Jul 2024 Date | | - Cons. EPS | 0.5 EPS |
![]() OPOF In 1 day Announced | Quarterly | $0.14 Per Share |
![]() OPOF 3 months ago Paid | Quarterly | $0.14 Per Share |
![]() OPOF 6 months ago Paid | Quarterly | $0.14 Per Share |
![]() OPOF 9 months ago Paid | Quarterly | $0.14 Per Share |
![]() OPOF 5 Jun 2024 Paid | Quarterly | $0.14 Per Share |
23 Jul 2025 (45 Days) Date | | - Cons. EPS | - EPS |
28 May 2025 Date | | - Cons. EPS | 0.42 EPS |
31 Mar 2025 Date | | - Cons. EPS | 0.57 EPS |
24 Oct 2024 Date | | - Cons. EPS | 0.47 EPS |
25 Jul 2024 Date | | - Cons. EPS | 0.5 EPS |
Banks - Regional Industry | Financial Services Sector | Mr. Robert F. Shuford Jr. CEO | NASDAQ (CM) Exchange | 680194107 Cusip |
US Country | 260 Employees | 9 Jun 2025 Last Dividend | 2 Oct 2007 Last Split | 11 Jan 1999 IPO Date |
Old Point Financial Corporation serves as the banking holding entity for The Old Point National Bank of Phoebus, delivering a comprehensive range of banking solutions to individual and commercial clients primarily in Virginia. The company, established in 1922, is based in Hampton, Virginia, and has built a rich legacy of financial service excellence over the years. Through its subsidiary, Old Point Financial Corporation aims to foster financial growth and stability for its customers by offering tailored banking and financial services.
Offers a variety of deposit products aimed at meeting the diverse needs of its customers, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits. These products are designed to provide flexible options for saving and managing money effectively.
Provides loans for real estate construction projects, catering to both individual and commercial clients looking to develop or renovate properties. These loans offer financial solutions for bringing construction projects from concept to completion.
Offers commercial loans that support businesses in various industries to finance their operations, expansion, and growth projects. These loans are tailored to meet the unique needs of each business, providing vital capital for sustaining and scaling operations.
Includes residential 1-4 family mortgages, second mortgages, and equity lines of credit. These mortgage products help individuals and families to purchase or refinance homes, making home ownership more accessible.
Provides comprehensive retirement and estate planning services aimed at helping individuals and families to plan for the future. These services include retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, and tax planning, ensuring clients are well-prepared for every stage of life.
Offers investment management services that include managing assets and investments on behalf of clients, delivering strategies that align with their financial goals and risk tolerance. These services are designed to optimize investment outcomes and financial well-being.
Provides a range of additional services including insurance products, wealth management, and cash management services. These offerings are intended to protect and grow the financial assets of clients, offering peace of mind and financial security.