Old Point Financial Corporation

NasdaqCM OPOF

Old Point Financial Corporation Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 89.16%

Old Point Financial Corporation Gross Profit Margin is 89.16% for the Trailing 12 Months (TTM) ending September 30, 2024, a -6.10% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Old Point Financial Corporation Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 94.95%, a 0.46% change year over year.
Old Point Financial Corporation Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 94.51%, a -0.39% change year over year.
Old Point Financial Corporation Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 94.88%, a 31.06% change year over year.
Old Point Financial Corporation Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 72.40%, a -24.94% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

NasdaqCM: OPOF

Old Point Financial Corporation

CEO	Mr. Robert F. Shuford Jr.
IPO Date	Jan. 11, 1999
Location	United States
Headquarters	101 East Queen Street
Employees	291
Sector	Finance
Industries Banking & Lending Investment Banking & Asset Management

Description

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 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.

Key trends

Past 5 years