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TowneBank And Old Point Financial Corporation Announce Agreement To Merge

ReutersApr 3, 2025 11:28 AM

- Old Point Financial Corp OPOF.O:

  • TOWNEBANK AND OLD POINT FINANCIAL CORPORATION ANNOUNCE AGREEMENT TO MERGE

  • TOWNEBANK - ACQUISITION EXPECTED TO BE 10% ACCRETIVE TO EPS

  • TOWNEBANK - DEAL VALUED AT APPROXIMATELY $203 MILLION

  • TOWNEBANK - OLD POINT SHAREHOLDERS TO RECEIVE $41.00 OR 1.1400 TOWNEBANK SHARES

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