Old Point Financial Corp (OPOF) Files 10-K for the Fiscal Year Ended on December 31, 2018

Old Point Financial Corp (OPOF, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Old Point Financial Corp provides banking products and solutions to its customers in the United States. Its primary occupation is the provision of loan, deposit and cash management services to retail and commercial customers. Old Point Financial Corp has a market cap of $112.760 million; its shares were traded at around $21.75 with a P/E ratio of 22.66 and P/S ratio of 2.44. The dividend yield of Old Point Financial Corp stocks is 2.07%.

For the last quarter Old Point Financial Corp reported a revenue of $11.9 million, compared with the revenue of $10.58 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $46.1 million, an increase of 6% from last year. For the last five years Old Point Financial Corp had an average revenue growth rate of 3.8% a year.

The reported diluted earnings per share was 96 cents for the year, an increase of -9700% from previous year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Old Point Financial Corp has the cash and cash equivalents of $39.9 million, compared with $14.3 million in the previous year. The long term debt was $62.6 million, compared with $67.5 million in the previous year. Old Point Financial Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $21.75, Old Point Financial Corp is traded at 23.9% premium to its historical median P/S valuation band of $17.56. The P/S ratio of the stock is 2.44, while the historical median P/S ratio is 1.97. The stock lost 16.1% during the past 12 months.

For the complete 20-year historical financial data of OPOF, click here.