Old Historical Income Statement
| OPOF Stock | USD 20.78 0.36 1.76% |
Historical analysis of Old Point income statement accounts such as Total Revenue of 35.3 M can show how well Old Point Financial performed in making a profits. Evaluating Old Point income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Old Point's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Old Point Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Old Point Financial is a good buy for the upcoming year.
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About Old Income Statement Analysis
Old Point Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Old Point shareholders. The income statement also shows Old investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Old Point Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Old Point Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Old Point Financial minus its cost of goods sold. It is profit before Old Point operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Old Point Financial. It is also known as Old Point overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Old Point's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Old Point Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Point Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Old Point's Total Operating Expenses is most likely to increase significantly in the upcoming years. The Old Point's current Total Other Income Expense Net is estimated to increase to about 9 M, while Selling General Administrative is projected to decrease to roughly 18.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.5M | 3.6M | 18.4M | 19.3M | Depreciation And Amortization | 2.4M | 2.4M | 2.6M | 1.9M |
Old Point income statement Correlations
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Old Point income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 2.5M | 2.5M | 2.4M | 2.4M | 2.6M | 1.9M | |
| Interest Expense | 6.4M | 5.3M | 3.5M | 3.6M | 18.4M | 19.3M | |
| Selling General Administrative | 24.8M | 26.2M | 26.1M | 28.0M | 31.4M | 18.6M | |
| Total Revenue | 47.9M | 48.5M | 53.7M | 55.7M | 59.5M | 35.3M | |
| Gross Profit | 45.2M | 45.1M | 50.1M | 52.0M | 55.3M | 34.2M | |
| Other Operating Expenses | 39.0M | 42.6M | 43.9M | 47.3M | 44.5M | 46.8M | |
| Operating Income | 8.9M | 5.9M | 9.7M | 11.8M | 533K | 506.4K | |
| Ebit | 8.9M | (2.3M) | (2.1M) | (1.7M) | (2.0M) | (1.9M) | |
| Ebitda | 11.5M | 219K | 358K | 730K | 533K | 506.4K | |
| Total Operating Expenses | (39.0M) | (42.6M) | (43.9M) | 43.6M | 62.0M | 65.1M | |
| Income Before Tax | 8.9M | 5.9M | 9.7M | 10.6M | 9.1M | 6.8M | |
| Total Other Income Expense Net | 8.7M | (5.4M) | 9.4M | (5.1M) | 8.5M | 9.0M | |
| Net Income | 7.9M | 5.4M | 8.4M | 9.1M | 7.7M | 5.4M | |
| Income Tax Expense | 1.1M | 521K | 1.3M | 1.5M | 1.3M | 987.4K | |
| Cost Of Revenue | 2.7M | 3.4M | 3.6M | 3.7M | 4.1M | 7.5M | |
| Net Income Applicable To Common Shares | 7.9M | 5.4M | 8.4M | 9.1M | 8.2M | 4.3M | |
| Selling And Marketing Expenses | 552K | 381K | 370K | 473K | 13.1M | 13.8M | |
| Net Income From Continuing Ops | 7.9M | 5.4M | 8.4M | 9.1M | 8.9M | 5.6M | |
| Tax Provision | 1.1M | 521K | 1.3M | 1.5M | 1.5M | 766.5K | |
| Net Interest Income | 33.6M | 34.6M | 38.7M | 44.4M | 49.0M | 38.7M | |
| Interest Income | 40.0M | 39.9M | 42.2M | 48.0M | 62.6M | 44.4M | |
| Reconciled Depreciation | 2.5M | 2.5M | 2.4M | 2.4M | 2.6M | 2.0M |
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When determining whether Old Point Financial is a strong investment it is important to analyze Old Point's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Old Point's future performance. For an informed investment choice regarding Old Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Point Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old Point. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.738 | Dividend Share 0.56 | Earnings Share 1.61 | Revenue Per Share 11.771 | Quarterly Revenue Growth 0.076 |
The market value of Old Point Financial is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Point's value that differs from its market value or its book value, called intrinsic value, which is Old Point's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old Point's market value can be influenced by many factors that don't directly affect Old Point's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Point's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.