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

SUFFOLK, Va. and HAMPTON, Va., April 03, 2025 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) and Old Point Financial Corporation (NASDAQCM: OPOF) ("Old Point”), the parent company of ...

TowneBank SUFFOLK, Va. and HAMPTON, Va., April 03, 2025 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) and Old Point Financial Corporation (NASDAQCM: OPOF) (“Old Point”), the ...

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

HAMPTON ROADS — Hampton Roads-based TowneBank and Old Point Financial Corporation, the parent company of The Old Point National Bank of Phoebus, announced Thursday the signing of a definitive ...

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

TowneBank (TOWN) and Old Point Financial (OPOF) announced the signing of a definitive agreement and plan of merger pursuant to which TowneBank ...

TowneBank has agreed to buy fellow Virginia bank holding company Old Point Financial for about $203 million in cash and stock.

TowneBank stock opened at $30.61 on Friday. The company has a market capitalization of $2.30 billion, a P/E ratio of 14.24 and a beta of 0.79. TowneBank has a fifty-two week low of $25.70 and a ...

TowneBank (NASDAQ:TOWN) is set to acquire the bank holding company Old Point Financial (NASDAQ:OPOF) for a transaction value of ~$203M. TOWN shares were trading 7.32% down Thursday pre-market at ...

Suffolk-based TowneBank announced plans Thursday to acquire Old Point Financial, parent company of The Old Point National Bank of Phoebus, in a deal valued at $203 million. The combined bank is ...