Old Point Financial Corporation (OPOF) - Net Assets
Based on the latest financial reports, Old Point Financial Corporation (OPOF) has net assets worth $118.14 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.40 Billion) and total liabilities ($1.28 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Old Point Financial Corporation (OPOF) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $118.14 Million |
| % of Total Assets | 8.42% |
| Annual Growth Rate | 4.96% |
| 5-Year Change | -90.7% |
| 10-Year Change | 22.32% |
| Growth Volatility | 177.3 |
Old Point Financial Corporation - Net Assets Trend (1992–2024)
This chart illustrates how Old Point Financial Corporation's net assets have evolved over time, based on quarterly financial data. Also explore Old Point Financial Corporation total assets for the complete picture of this company's asset base.
Annual Net Assets for Old Point Financial Corporation (1992–2024)
The table below shows the annual net assets of Old Point Financial Corporation from 1992 to 2024. For live valuation and market cap data, see market cap of Old Point Financial Corporation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $113.97 Million | +6.74% |
| 2023-12-31 | $106.78 Million | +8.15% |
| 2022-12-31 | $98.73 Million | -18.10% |
| 2021-12-31 | $120.55 Million | -90.16% |
| 2020-12-31 | $1.22 Billion | +1015.97% |
| 2019-12-31 | $109.76 Million | +7.60% |
| 2018-12-31 | $102.01 Million | +5.83% |
| 2017-12-31 | $96.39 Million | +2.69% |
| 2016-12-31 | $93.86 Million | +0.74% |
| 2015-12-31 | $93.18 Million | +5.29% |
| 2014-12-31 | $88.50 Million | +9.58% |
| 2013-12-31 | $80.76 Million | -9.56% |
| 2012-12-31 | $89.30 Million | +4.00% |
| 2011-12-31 | $85.86 Million | +6.07% |
| 2010-12-31 | $80.95 Million | -0.80% |
| 2009-12-31 | $81.61 Million | -1.56% |
| 2008-12-31 | $82.90 Million | +4.00% |
| 2007-12-31 | $79.71 Million | +6.75% |
| 2006-12-31 | $74.67 Million | +5.08% |
| 2005-12-31 | $71.06 Million | +2.77% |
| 2004-12-31 | $69.14 Million | +9.23% |
| 2003-12-31 | $63.30 Million | +8.92% |
| 2002-12-31 | $58.12 Million | +14.15% |
| 2001-12-31 | $50.91 Million | +9.50% |
| 2000-12-31 | $46.50 Million | +13.92% |
| 1999-12-31 | $40.81 Million | +2.00% |
| 1998-12-31 | $40.01 Million | +10.13% |
| 1997-12-31 | $36.33 Million | +12.14% |
| 1996-12-31 | $32.40 Million | +6.83% |
| 1995-12-31 | $30.33 Million | +15.66% |
| 1994-12-31 | $26.22 Million | +1.49% |
| 1993-12-31 | $25.84 Million | +6.79% |
| 1992-12-31 | $24.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Old Point Financial Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 463.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $88.49 Million | 77.64% |
| Common Stock | $25.06 Million | 21.99% |
| Other Comprehensive Income | $-17.13 Million | -15.03% |
| Other Components | $17.55 Million | 15.40% |
| Total Equity | $113.97 Million | 100.00% |
Old Point Financial Corporation Competitors by Market Cap
The table below lists competitors of Old Point Financial Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atrys Health SL
MC:ATRY
|
$214.84 Million |
|
Darwin Precisions Corp
TW:6120
|
$214.86 Million |
|
The Gold Bond Group Ltd
TA:GOLD
|
$214.87 Million |
|
QINGCI GAMES INC. -00001
F:Z56
|
$214.99 Million |
|
Tureks Turizm Tasimacilik AS
IS:TUREX
|
$214.80 Million |
|
Blue Acquisition Corp. Class A Ordinary Shares
NASDAQ:BACC
|
$214.77 Million |
|
Creative Sensor Inc
TW:8249
|
$214.77 Million |
|
TYM Corporation
KO:002900
|
$214.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Old Point Financial Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 106,778,000 to 113,970,000, a change of 7,192,000 (6.7%).
- Net income of 9,508,000 contributed positively to equity growth.
- Dividend payments of 2,838,000 reduced retained earnings.
- Other comprehensive income increased equity by 398,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.51 Million | +8.34% |
| Dividends Paid | $2.84 Million | -2.49% |
| Other Comprehensive Income | $398.00K | +0.35% |
| Other Changes | $124.00K | +0.11% |
| Total Change | $- | 6.74% |
Book Value vs Market Value Analysis
This analysis compares Old Point Financial Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.87x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.03x to 1.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | $10.46 | $42.10 | x |
| 1993-12-31 | $11.04 | $42.10 | x |
| 1994-12-31 | $11.10 | $42.10 | x |
| 1995-12-31 | $6.35 | $42.10 | x |
| 1996-12-31 | $6.79 | $42.10 | x |
| 1997-12-31 | $7.53 | $42.10 | x |
| 1998-12-31 | $8.22 | $42.10 | x |
| 1999-12-31 | $8.41 | $42.10 | x |
| 2000-12-31 | $9.42 | $42.10 | x |
| 2001-12-31 | $10.40 | $42.10 | x |
| 2002-12-31 | $11.64 | $42.10 | x |
| 2003-12-31 | $12.41 | $42.10 | x |
| 2004-12-31 | $13.54 | $42.10 | x |
| 2005-12-31 | $13.89 | $42.10 | x |
| 2006-12-31 | $14.75 | $42.10 | x |
| 2007-12-31 | $15.95 | $42.10 | x |
| 2008-12-31 | $16.80 | $42.10 | x |
| 2009-12-31 | $16.54 | $42.10 | x |
| 2010-12-31 | $16.41 | $42.10 | x |
| 2011-12-31 | $17.34 | $42.10 | x |
| 2012-12-31 | $18.01 | $42.10 | x |
| 2013-12-31 | $16.29 | $42.10 | x |
| 2014-12-31 | $17.85 | $42.10 | x |
| 2015-12-31 | $18.79 | $42.10 | x |
| 2016-12-31 | $18.92 | $42.10 | x |
| 2017-12-31 | $19.31 | $42.10 | x |
| 2018-12-31 | $19.84 | $42.10 | x |
| 2019-12-31 | $21.12 | $42.10 | x |
| 2020-12-31 | $22.46 | $42.10 | x |
| 2021-12-31 | $23.06 | $42.10 | x |
| 2022-12-31 | $19.47 | $42.10 | x |
| 2023-12-31 | $21.25 | $42.10 | x |
| 2024-12-31 | $22.50 | $42.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Old Point Financial Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.08%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 12.73x
- Recent ROE (8.34%) is above the historical average (7.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 7.18% | 10.63% | 0.06x | 11.11x | $-681.30K |
| 1993 | 8.57% | 18.44% | 0.04x | 10.60x | $-368.60K |
| 1994 | 10.58% | 23.48% | 0.04x | 10.59x | $150.80K |
| 1995 | 7.72% | 16.49% | 0.05x | 10.03x | $-690.80K |
| 1996 | 10.63% | 23.23% | 0.05x | 9.76x | $205.00K |
| 1997 | 11.26% | 26.29% | 0.04x | 9.60x | $456.80K |
| 1998 | 11.59% | 25.39% | 0.05x | 10.10x | $634.70K |
| 1999 | 11.81% | 13.83% | 0.08x | 10.69x | $740.60K |
| 2000 | 11.04% | 13.05% | 0.08x | 10.26x | $483.30K |
| 2001 | 11.22% | 13.71% | 0.08x | 10.19x | $618.80K |
| 2002 | 12.13% | 17.09% | 0.07x | 9.92x | $1.24 Million |
| 2003 | 12.36% | 19.26% | 0.06x | 10.20x | $1.50 Million |
| 2004 | 12.41% | 19.93% | 0.06x | 9.93x | $1.67 Million |
| 2005 | 10.23% | 15.51% | 0.06x | 10.41x | $162.40K |
| 2006 | 9.41% | 12.48% | 0.07x | 11.35x | $-442.50K |
| 2007 | 10.00% | 12.96% | 0.07x | 10.32x | $-1.70K |
| 2008 | 8.19% | 11.47% | 0.07x | 10.07x | $-1.50 Million |
| 2009 | 2.06% | 3.10% | 0.06x | 11.29x | $-6.48 Million |
| 2010 | 1.91% | 2.89% | 0.06x | 10.96x | $-6.55 Million |
| 2011 | 3.83% | 6.79% | 0.06x | 9.89x | $-5.30 Million |
| 2012 | 4.69% | 8.81% | 0.05x | 10.16x | $-4.74 Million |
| 2013 | 3.92% | 7.43% | 0.05x | 10.70x | $-4.91 Million |
| 2014 | 4.65% | 9.59% | 0.05x | 9.90x | $-4.73 Million |
| 2015 | 3.90% | 8.37% | 0.05x | 9.62x | $-5.68 Million |
| 2016 | 4.05% | 8.85% | 0.05x | 9.62x | $-5.59 Million |
| 2017 | -0.03% | -0.06% | 0.05x | 10.19x | $-9.67 Million |
| 2018 | 4.82% | 9.55% | 0.05x | 10.18x | $-5.28 Million |
| 2019 | 7.16% | 14.47% | 0.05x | 9.61x | $-3.12 Million |
| 2020 | 4.60% | 10.02% | 0.04x | 10.47x | $-6.33 Million |
| 2021 | 6.99% | 14.77% | 0.04x | 11.07x | $-3.64 Million |
| 2022 | 9.22% | 15.22% | 0.04x | 13.73x | $-765.40K |
| 2023 | 7.24% | 9.63% | 0.06x | 13.55x | $-2.95 Million |
| 2024 | 8.34% | 11.08% | 0.06x | 12.73x | $-1.89 Million |
Industry Comparison
This section compares Old Point Financial Corporation's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $260,431,200
- Average return on equity (ROE) among peers: 10.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Old Point Financial Corporation (OPOF) | $118.14 Million | 7.18% | 10.87x | $214.80 Million |
| Ameris Bancorp (ABCB) | $63.00 Million | 11.43% | 9.69x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $71.80 Million | 9.61% | 9.10x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $45.08 Million | 2.57% | 4.16x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $707.65 Million | 15.04% | 10.67x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $949.39 Million |
| Arrow Financial Corporation (AROW) | $334.39 Million | 12.21% | 10.03x | $598.55 Million |
| Associated Banc-Corp (ASB) | $138.60 Million | 13.85% | 12.49x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $115.24 Million | 4.87% | 11.62x | $62.60 Million |
About Old Point Financial Corporation
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 in Virginia, the United States. It operates through Bank, Wealth, and Parent segments. The company offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, t… Read more