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Old Point Financial: 1Q Earnings Snapshot

HAMPTON, Va. (AP) _ Old Point Financial Corp. (OPOF) on Thursday reported first-quarter earnings of $1.3 million.

The bank, based in Hampton, Virginia, said it had earnings of 24 cents per share.

The bank holding company posted revenue of $13.3 million in the period. Its revenue net of interest expense was $11.7 million, beating Street forecasts.

Old Point Financial shares have decreased 41% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $16.15, a fall of 25% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OPOF at https://www.zacks.com/ap/OPOF