Old Point Releases Fourth Quarter and Full Year 2024 Results

HAMPTON, Va., Jan. 30, 2025 /PRNewswire/ -- Old Point Financial Corporation (the "Company" or "Old Point") (NASDAQ "OPOF") reported net income of $2.9 million with diluted earnings per common share of $0.57 for the fourth quarter of 2024 compared to net income of $2.4 million with diluted earnings per common share of $0.47 for the third quarter of 2024, and net income of $1.5 million with diluted earnings per common share of $0.29 for the fourth quarter of 2023. Net income for the year ended December 31, 2024 was $9.5 million with diluted earnings per common share of $1.88, and for the year ended December 31, 2023, net income was $7.7 million with diluted earnings per common share of $1.54.

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