Old Point Financial Corporation - Common Stock (OPOF)
Frequently Asked Questions About Old Point Financial Corporation - Common Stock (OPOF)
Does Old Point Financial Corporation have a mobile banking app?
Yes, Old Point Financial Corporation provides a mobile banking app that allows customers to access their accounts and perform a variety of banking transactions on the go. The app is designed for user convenience, offering features such as mobile check deposit, fund transfers, and account alerts.
Does Old Point Financial Corporation offer online banking?
Yes, Old Point Financial Corporation offers online banking services that allow customers to manage their accounts, transfer funds, pay bills, and access various banking services securely from anywhere. This digital platform enhances convenience and accessibility for all customers.
How can investors find more information about Old Point Financial Corporation?
Investors can find more information about Old Point Financial Corporation by visiting the company's official website. There, they can access financial statements, press releases, investor presentations, and other relevant documents that provide insights into the bank's performance and strategy.
How does Old Point Financial Corporation address financial technology advancements?
Old Point Financial Corporation embraces advancements in financial technology by continually upgrading its services to enhance customer experience, improve security, and streamline operations. This includes adopting mobile banking solutions and utilizing data analytics for personalized banking services.
How does Old Point Financial Corporation support the local community?
Old Point Financial Corporation actively supports the local community through various initiatives, including sponsorships, charitable contributions, and employee volunteerism. The bank is committed to improving the quality of life for residents and has partnered with numerous local organizations to promote economic development.
Is Old Point Financial Corporation publicly traded?
Yes, Old Point Financial Corporation is publicly traded on the NASDAQ under the ticker symbol OPOF. This allows investors to buy and sell shares of the company in the stock market, contributing to its capital and financial growth.
What are the main risks associated with investing in Old Point Financial Corporation?
The main risks associated with investing in Old Point Financial Corporation include economic downturns that may affect loan defaults, regulatory changes in the financial sector, and competitive pressures from other financial institutions. Investors should conduct thorough research and consider these factors when evaluating the company's prospects.
What distinguishes Old Point Financial Corporation from other banks?
Old Point Financial Corporation distinguishes itself from other banks through its strong community focus, personalized customer service, and dedication to building long-term relationships with clients. The bank's commitment to the local community sets it apart in an increasingly competitive industry.
What does Old Point Financial Corporation do?
Old Point Financial Corporation is a bank holding company based in Hampton, Virginia. It primarily provides a range of banking and financial services through its wholly-owned subsidiary, Old Point National Bank. These services include commercial and personal banking, mortgage origination, and wealth management, catering to both individual and business clients in the region.
What initiatives does Old Point Financial Corporation have in place for sustainable banking?
Old Point Financial Corporation is committed to sustainable banking practices by promoting responsible lending, reducing its environmental footprint, and engaging in community development projects. The bank aims to create a positive impact on both the economy and the environment through its initiatives.
What is the philosophy of Old Point Financial Corporation?
Old Point Financial Corporation operates under a philosophy that emphasizes exceptional customer service, community involvement, and financial responsibility. The company believes in the importance of supporting the communities it serves while providing reliable and responsible banking services.
What is the size of Old Point Financial Corporation in terms of assets?
Old Point Financial Corporation manages a substantial portfolio of assets, which places it among the notable community banks in the region. As of the latest financial reports, the company typically reports assets in the range of hundreds of millions, reflecting its strong position in the market.
What is the stock performance history of Old Point Financial Corporation?
The stock performance history of Old Point Financial Corporation can be analyzed based on its trading volume, market capitalization, and price trends over time. Investors and analysts often review this data to assess the company's financial health and growth potential.
What services does Old Point National Bank offer?
Old Point National Bank offers a variety of financial services including personal banking accounts, business accounts, loans, mortgages, lines of credit, and investment services. The bank aims to meet the banking needs of its clients while providing personalized service and assistance.
What types of loans does Old Point Financial Corporation offer?
Old Point Financial Corporation offers a variety of loan products, including personal loans, home mortgages, business loans, and lines of credit. The bank tailors its lending options to meet the diverse needs of its clientele, ensuring competitive rates and flexible terms.
When was Old Point Financial Corporation founded?
Old Point Financial Corporation was founded in 1922, making it one of the oldest financial institutions in the Hampton Roads area. Over the decades, the company has evolved and adapted to changes in the financial landscape while continuing to prioritize community engagement and customer service.
Where is Old Point Financial Corporation headquartered?
The headquarters of Old Point Financial Corporation is located in Hampton, Virginia. This central location allows the company to effectively serve its market throughout the Hampton Roads area and provides easy access to its clients.
Who are the primary customers of Old Point Financial Corporation?
The primary customers of Old Point Financial Corporation include individuals, families, small businesses, and larger commercial enterprises in the Hampton Roads area. The bank focuses on building strong relationships with its customers, which has been a cornerstone of its community-oriented approach.
Who is the current CEO of Old Point Financial Corporation?
The current CEO of Old Point Financial Corporation is a key figure in the organization, responsible for strategic decision-making and leadership. The CEO often represents the company in public forums and business engagements, guiding its vision for growth and customer service excellence.
What is the current price of Old Point Financial Corporation - Common Stock?
The current price of Old Point Financial Corporation - Common Stock is 36.00
When was Old Point Financial Corporation - Common Stock last traded?
The last trade of Old Point Financial Corporation - Common Stock was at 1:45 pm EDT on April 4th, 2025
What is the market capitalization of Old Point Financial Corporation - Common Stock?
The market capitalization of Old Point Financial Corporation - Common Stock is 180.51M
How many shares of Old Point Financial Corporation - Common Stock are outstanding?
Old Point Financial Corporation - Common Stock has 5.01M shares outstanding.