Joseph Witt - Old Point Director
| OPOF Stock | USD 14.81 0.01 0.07% |
Director
Mr. Joseph R. Witt is Chief Business Development Officer and Senior Vice President, Director of Old Point Financial Corporationration Mr. Witt received his B.S. in Commerce from the University of Virginia, his M.B.A. from the University of Richmond and is a licensed Certified Public Accountant in the Commonwealth of Virginia. He worked as an auditor and tax accountant for an international accounting firm for five years after graduating from college with a degree in Accounting. He spent eight years as Director of Finance for a national medical distribution company. He joined Ferguson Enterprises in 1996 as Corporationrationrate Controller and served as Ferguson Corporationrationrate Treasurer from 1999 to 2008 since 2018.
| Age | 63 |
| Tenure | 6 years |
| Address | 101 East Queen Street, Hampton, VA, United States, 23669 |
| Phone | 757 728 1200 |
| Web | https://www.oldpoint.com |
Joseph Witt Latest Insider Activity
Tracking and analyzing the buying and selling activities of Joseph Witt against Old Point stock is an integral part of due diligence when investing in Old Point. Joseph Witt insider activity provides valuable insight into whether Old Point is net buyers or sellers over its current business cycle. Note, Old Point insiders must abide by specific rules, including filing SEC forms every time they buy or sell Old Point'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Joseph Witt over a week ago Acquisition by Joseph Witt of 180 shares of Old Point at 14.25 subject to Rule 16b-3 | ||
Joseph Witt over six months ago Small acquisition by Joseph Witt of tradable shares of Old Point subject to Section 16 | ||
Joseph Witt over six months ago Small acquisition by Joseph Witt of tradable shares of Old Point subject to Section 16 | ||
Joseph Witt over a year ago Purchase by Joseph Witt of tradable shares of Old Point |
Old Point Management Efficiency
The Old Point's current Return On Tangible Assets is estimated to increase to 0.01. The Old Point's current Return On Capital Employed is estimated to increase to 0.08. At this time, Old Point's Intangible Assets are most likely to increase significantly in the upcoming years. The Old Point's current Return On Tangible Assets is estimated to increase to 0.01, while Other Assets are projected to decrease to roughly 545.2 M. Old Point's management efficiency ratios could be used to measure how well Old Point manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.0605 | |||
| Return On Asset | 0.0045 |
Old Point Financial Leadership Team
Elected by the shareholders, the Old Point's board of directors comprises two types of representatives: Old Point inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Old. The board's role is to monitor Old Point's management team and ensure that shareholders' interests are well served. Old Point's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Old Point's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Laura Wright, VP Director | ||
| Joseph Witt, Chief Admin. Officer, Sr. VP of Admin., Treasurer, Director, Chief Admin. Officer of Old Point National Bank and Sr. Executive VP of The Old Point National Bank | ||
| Eric Kauders, President Chairman | ||
| Eugene II, Executive VP, CEO of Old Point Trust and Financial Services N A and President of Old Point Trust and Financial Services N A | ||
| Paul Pickett, Senior CFO | ||
| Thomas Hotchkiss, Chief Bank | ||
| Elizabeth Beale, Interim CFO | ||
| Donald Buckless, Executive Officer | ||
| Cheryl Roane, VP | ||
| Robert Shuford, COO, Director, CEO of The Old Point National Bank of Phoebus and President of The Old Point National Bank of Phoebus, COO of Old Point National Bank and Director of Old Point National Bank | ||
| Susan Ralston, Chief Officer |
Old Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Old Point a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0605 | |||
| Return On Asset | 0.0045 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 82.22 M | |||
| Shares Outstanding | 5.08 M | |||
| Shares Owned By Insiders | 23.77 % | |||
| Shares Owned By Institutions | 37.10 % | |||
| Number Of Shares Shorted | 3.3 K | |||
| Price To Earning | 16.62 X |
Currently Active Assets on Macroaxis
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 tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Old Point's price analysis, check to measure Old Point's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Old Point is operating at the current time. Most of Old Point's value examination focuses on studying past and present price action to predict the probability of Old Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old Point's price. Additionally, you may evaluate how the addition of Old Point to your portfolios can decrease your overall portfolio volatility.
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Is Old Point's industry 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 (0.45) | Dividend Share 0.56 | Earnings Share 1.26 | Revenue Per Share 11.578 | Quarterly Revenue Growth (0.07) |
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.