OLD POINT FINANCIAL Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Old Point Financial

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Old Point Financial Fast Facts

Revenue	$100 - $500 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	5221 Depository Credit Intermediation
Address	1 West Mellen Street Hampton, VA 23663 oldpoint.com

Old Point Financial's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
• What industry is the company in?

Old Point Financial is a publicly traded company on using the ticker symbol OPOF. Detailed information on company financials and operating reports can be found here: : OPOF

Old Point Financial Annual Revenue and Growth Rate

Old Point Financial	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

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

Recession Risk

Determine whether Old Point Financial grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Old Point Financial is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.

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.

Company	Headquarters	Revenue ($ MM)
CAPITOL FEDERAL FOUNDATION	Topeka, KS	100
JPMORGAN CHASE BANK NATIONAL ASSOCIATION	Jersey City, NJ	68
SOUTH DAKOTA BANKERS ASSOCIATION	Pierre, SD	49
PNC FINANCIAL SERVICES GROUP	Pittsburgh, PA	14
U.S. BANCORP	Minneapolis, MN	11
TRUIST FINANCIAL	Charlotte, NC	9
SIERRA PACIFIC POWER	Reno, NV	8
MUFG BANK	New York, NY	7
TD BANK	Falmouth, ME	6

Nearby Competitors

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.

Company	Headquarters	Revenue ($ MM)
LANGLEY FEDERAL CREDIT UNION	Newport News, VA	100
NEWPORT NEWS SHIPBUILDING EMPLOYEES' CREDIT UNION INC. DBA BAYPORT CREDIT UNION	Newport News, VA	70
OLD POINT FINANCIAL	Hampton, VA	36
1ST ADVANTAGE FEDERAL CREDIT UNION	Yorktown, VA	26
HAMPTON ROADS EDUCATORS CREDIT UNION	Hampton, VA	2
VIRGINIA EDUCATORS' CREDIT UNION	Newport News, VA	2

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.

Company	Revenue ($ MM)