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New Peoples Bankshares (New Peoples Bankshares) Net Margin %

: 16.28% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. New Peoples Bankshares's Net Income for the three months ended in Dec. 2023 was $1.55 Mil. New Peoples Bankshares's Revenue for the three months ended in Dec. 2023 was $9.52 Mil. Therefore, New Peoples Bankshares's net margin for the quarter that ended in Dec. 2023 was 16.28%.

The historical rank and industry rank for New Peoples Bankshares's Net Margin % or its related term are showing as below:

NWPP' s Net Margin % Range Over the Past 10 Years
Min: 0.83   Med: 8.98   Max: 21.78
Current: 19.24


NWPP's Net Margin % is ranked worse than
69.02% of 1462 companies
in the Banks industry
Industry Median: 25.505 vs NWPP: 19.24

New Peoples Bankshares Net Margin % Historical Data

The historical data trend for New Peoples Bankshares's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

New Peoples Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.23 8.77 19.16 21.78 19.18

New Peoples Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.97 21.85 18.57 20.34 16.28

Competitive Comparison

For the Banks - Regional subindustry, New Peoples Bankshares's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


New Peoples Bankshares Net Margin % Distribution

For the Banks industry and Financial Services sector, New Peoples Bankshares's Net Margin % distribution charts can be found below:

* The bar in red indicates where New Peoples Bankshares's Net Margin % falls into.



New Peoples Bankshares Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

New Peoples Bankshares's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=7.184/37.457
=19.18 %

New Peoples Bankshares's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1.549/9.515
=16.28 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


New Peoples Bankshares  (OTCPK:NWPP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


New Peoples Bankshares Net Margin % Related Terms

Thank you for viewing the detailed overview of New Peoples Bankshares's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


New Peoples Bankshares (New Peoples Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
67 Commerce Drive, Honaker, VA, USA, 24260
New Peoples Bankshares Inc is a bank holding company for New Peoples Bank. The Bank offers a range of banking & related financial services focused on serving individuals, small to medium-size businesses, and the professional community. Its main banking services include personal banking, business banking, and financial services. Its banking products comprise checking, savings, deposit accounts, commercial loans, consumer loans, and real estate loans.
Executives
Harold L Keene director P. O. BOX 1320, HONAKER VA 24260
B Scott White director RT 2, BOX 181-A, CASTLEWOOD VA 24224
Barton Scot Long other: Director-Subsidiary Bank 300 FOUR WINDS DRIVE, BRISTOL VA 24201
John D Cox director 13515 EAST CARTERS VALLEY ROAD, GATE CITY VA 24251
John J. Boczar officer: EVP & Chief Financial Officer 599 TILLIE SCOTT CT, GREENSBORO NC 27455
Christopher Todd Asbury officer: Senior V.P. & C.F.O.
Kiser W James officer: EVP/Chief Banking Officer 67 COMMERCE DR, HONAKER VA 24260
Christopher G Speaks officer: EVP/CFO 104 S. MAIN ST., GREENVILLE SC 29601
J. Robert Buchanan director 2248 UPPER VALLEY ROAD, TAZEWELL VA 24651
Gina D Boggess director PO BOX 5064, PRINCETON WV 24740
Beard John W Jr officer: EVP & Chief Credit Officer NEW PEOPLES BANKSHARES, INC., 67 COMMERCE DRIVE, HONAKER VA 24260
Joseph Darrell Pennington officer: SVP & Chief Financial Officer 5724 BRADINGTON CT, GLEN ALLEN VA 23059
Karen D Wimmer officer: EVP & Chief Credit Officer 67 COMMERCE DRIVE, HONAKER VA 24260
Richard G Preservati 10 percent owner PO BOX 1003, PRINCETON WV 24740
Gent Charles H Jr director P. O. BOX 330, HONAKER VA 24260

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