Old Point Financial is classified as operating in the Commercial Banking industry, NAICS Code 52211.
Old Point Financial is a publicly traded company on NCM using the ticker symbol OPOF.
Detailed information on company financials and operating reports can be found here:
NCM: OPOF
Old Point Financial Annual Revenue and Growth Rate
Note: Old Point Financial's revenues are gauged from an analysis of company filings.
Investor Activity
Old Point Financial has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.
Date
Investors
Percent Raised
Target Size
July 29, 2021
30
100%
$30 MM
Complete list of funding rounds and total amounts in the Company Report
Market Share of Old Point Financial's Largest Competitors
A competitive analysis shows these companies are in the same general field as Old Point Financial, even though they may not compete head-to-head.
These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines.
The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies.
Competitive advantage comes from offering better pricing or superior products/service.
These companies are similar in business line and location to Old Point Financial.
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
Future Competition: Old Point Financial's Fastest Growing Competitors
These companies are in the same general field as Old Point Financial and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.