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Old Point Releases Second Quarter 2025 Results

Provided By PR Newswire

Last update: Jul 30, 2025

HAMPTON, Va., July 30, 2025 /PRNewswire/ -- Old Point Financial Corporation (the "Company" or "Old Point") (NASDAQ: OPOF) reported net income of $1.2 million with diluted earnings per common share of $0.24 for the second quarter of 2025 compared to net income of $2.2 million with diluted earnings per common share of $0.42 for the first quarter of 2025, and net income of $2.5 million with diluted earnings per common share of $0.50 for the second quarter of 2024.  Net income for the six months ended June 30, 2025 was $3.4 million with diluted earnings per common share of $0.67, and for the six months ended June 30, 2024, net income was $4.2 million with diluted earnings per common share of $0.84.  Adjusted operating earnings (non-GAAP) for the second quarter of 2025 were $2.2 million, or $0.43 per diluted share, compared to $2.5 million, or $0.50 per share, for the second quarter of 2024.  Adjusted operating earnings (non-GAAP) for the six months ended June 30, 2025 were $4.2 million, or $0.83 per diluted share, compared to $4.2 million, or $0.84 per share, for the six months ended June 30, 2024.

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