Stock Analysis Report

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Executive Summary

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.

Snowflake Analysis

Flawless balance sheet with solid track record.

Similar Companies

Share Price & News

How has Old Point Financial's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: OPOF's share price has been volatile over the past 3 months.

Market Performance

7 Day Return




US Banks


US Market

1 Year Return




US Banks


US Market

Return vs Industry: OPOF underperformed the US Banks industry which returned -15.5% over the past year.

Return vs Market: OPOF underperformed the US Market which returned 8.9% over the past year.

Shareholder returns

7 Day7.2%13.8%3.8%
30 Day-2.1%22.2%11.4%
90 Day-32.0%-1.2%6.8%
1 Year-22.9%-24.5%-8.3%-11.4%12.1%9.7%
3 Year-41.0%-44.3%-0.3%-8.1%36.2%27.2%
5 Year18.3%7.6%25.7%10.7%63.7%45.4%

Price Volatility Vs. Market

How volatile is Old Point Financial's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is Old Point Financial undervalued compared to its fair value and its price relative to the market?


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: OPOF ($16.3) is trading above our estimate of fair value ($8.29)

Significantly Below Fair Value: OPOF is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: OPOF is poor value based on its PE Ratio (12x) compared to the Banks industry average (9.8x).

PE vs Market: OPOF is good value based on its PE Ratio (12x) compared to the US market (16.4x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate OPOF's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: OPOF is good value based on its PB Ratio (0.8x) compared to the US Banks industry average (0.8x).

Next Steps

Future Growth

How is Old Point Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Banks industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Old Point Financial has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Next Steps

Past Performance

How has Old Point Financial performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: OPOF has high quality earnings.

Growing Profit Margin: OPOF's current net profit margins (14.9%) are higher than last year (13.4%).

Past Earnings Growth Analysis

Earnings Trend: OPOF's earnings have grown by 12% per year over the past 5 years.

Accelerating Growth: OPOF's earnings growth over the past year (17.8%) exceeds its 5-year average (12% per year).

Earnings vs Industry: OPOF earnings growth over the past year (17.8%) exceeded the Banks industry 2.8%.

Return on Equity

High ROE: OPOF's Return on Equity (6.4%) is considered low.

Next Steps

Financial Health

How is Old Point Financial's financial position? (This company is analysed differently as a bank or financial institution)

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: OPOF's Assets to Equity ratio (9.7x) is low.

Allowance for Bad Loans: OPOF has a sufficient allowance for bad loans (144%).

Low Risk Liabilities: 94% of OPOF's liabilities are made up of primarily low risk sources of funding.

Loan Level: OPOF has an appropriate level of Loans to Assets ratio (70%).

Low Risk Deposits: OPOF's Loans to Deposits ratio (83%) is appropriate.

Level of Bad Loans: OPOF has an appropriate level of bad loans (0.9%).

Next Steps


What is Old Point Financial's current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: OPOF's dividend (2.94%) is higher than the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: OPOF's dividend (2.94%) is low compared to the top 25% of dividend payers in the US market (4.32%).

Stability and Growth of Payments

Stable Dividend: OPOF's dividend payments have been volatile in the past 10 years.

Growing Dividend: OPOF's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (35.2%), OPOF's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Rob Shuford (54yo)





Mr. Robert F. Shuford, Jr., also known as Rob, serves as President, CEO & Chairman at Old Point Financial Corporation since January 3, 2020. He has been Chief Executive Officer and President at Old Point N ...

CEO Compensation Analysis

Compensation vs Market: Rob's total compensation ($USD479.15K) is about average for companies of similar size in the US market ($USD577.87K).

Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.

Leadership Team

Robert Shuford
Chairman0.42yrUS$479.15k0.69% $590.3k
Elizabeth Beale
Senior VP of Finance & CFO0.92yrUS$395.42k0.0086% $7.3k
Joseph Witt
President of Financial Services12.5yrsUS$402.88k0.22% $190.5k
Eugene Jordan
Secretary & Executive VP of Trustno dataUS$258.49k0.62% $529.6k
Laura Wright
VP & Marketing Directorno datano datano data
Donald Buckless
Chief Lending Officer & Senior VPno datano data0.035% $29.4k
Krista Jennings
Vice President & Director of Human Resources at Old Point National Bankno datano datano data


Average Tenure


Average Age

Experienced Management: OPOF's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

Robert Shuford
Chairman0.42yrUS$479.15k0.69% $590.3k
Joseph Witt
President of Financial Services12.5yrsUS$402.88k0.22% $190.5k
William Keefe
Independent Director4.08yrsUS$41.51k0.13% $107.6k
Robert Shuford
Chairman Emeritus0.42yrUS$386.21k5.71% $4.9m
Russell Evans
Independent Director27.17yrsUS$46.11k0.33% $280.6k
Arthur Greene
Lead Independent Directorno dataUS$65.96k0.28% $239.5k
John Ishon
Director31.42yrsUS$60.91k0.95% $810.8k
James Chisman
Independent Director17.42yrsUS$44.26k2% $1.7m
Rebekah Clark Thacker
Independent Director14.42yrsUS$52.26k1.99% $1.7m
Michael Glasser
Independent Director10.58yrsUS$36.31k0.12% $102.0k


Average Tenure


Average Age

Experienced Board: OPOF's board of directors are seasoned and experienced ( 12.5 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: OPOF insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Old Point Financial Corporation's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Old Point Financial Corporation
  • Ticker: OPOF
  • Exchange: NasdaqCM
  • Founded: 1922
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$85.078m
  • Shares outstanding: 5.22m
  • Website:

Number of Employees


  • Old Point Financial Corporation
  • 1 West Mellen Street
  • PO Box 3392
  • Hampton
  • Virginia
  • 23663
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OPOFNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJan 1998


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. 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. In addition, the company provides retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax, and investment management services; and insurance products. As of March 12, 2019, it operated 19 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. The company was founded in 1922 and is headquartered in Hampton, Virginia. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/06 02:15
End of Day Share Price2020/06/05 00:00
Annual Earnings2019/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.