Old Point Financial: Q1 Earnings Snapshot

HAMPTON, Va. (AP) — HAMPTON, Va. (AP) — Old Point Financial Corp. (OPOF) on Wednesday reported net income of $2.2 million in its first quarter.

The bank, based in Hampton, Virginia, said it had earnings of 42 cents per share. Earnings, adjusted for non-recurring gains, came to 39 cents per share.

The bank holding company posted revenue of $21.2 million in the period. Its revenue net of interest expense was $15.9 million, exceeding Street forecasts.

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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

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