TowneBank and Old Point Financial Corp. announced an agreement Thursday to merge in a deal valued at $203 million.

TowneBank (NASDAQ:TOWN) is set to acquire the bank holding company Old Point Financial (NASDAQ:OPOF) for a transaction value ...

Old Point shareholders can opt for either $41.00 in cash or 1.1400 shares of TowneBank common stock for each share held.

SUFFOLK, Va. — TowneBank and Old Point National Bank of Phoebus have entered into a merger agreement. As part of the deal, ...

KBW analyst Catherine Mealor maintained a Buy rating on TowneBank (TOWN – Research Report) today and set a price target of $45.00. The ...

It was no April Fool's Day prank: two sizable Richmond-area bank acquisitions both closed on Tuesday, a rare occurrence, to ...

Hovde Group analyst David Bishop upgraded TowneBank (TOWN) to Outperform from Market Perform with a $38 price target Don't Miss Our End of ...

Suffolk-based TowneBank and Hampton-based Old Point Financial Corporation recently announced their decision to merge.

TowneBank (NASDAQ: TOWN) and Old Point Financial Corporation (NASDAQCM: OPOF) (“Old Point”), the parent company of The Old ...

TowneBank will acquire Old Point Financial, it said Thursday. The bank completed a merger with Village Bank and Trust ...

The Suffolk, Virginia-based bank has agreed to pay more than $200 million for Old Point Financial in Hampton. It announced ...

Suffolk-based TowneBank plans to acquire Hampton-based Old Point Financial Corp., the parent company of Old Point National Bank. The combined company would have assets of $19.5 billion ...