New Peoples Bankshares (NWPP) Gross Margin (2019 - 2023)

Historic Gross Margin for New Peoples Bankshares (NWPP) over the last 5 years, with Q2 2023 value amounting to 86.78%.

  • New Peoples Bankshares' Gross Margin fell 17300.0% to 86.78% in Q2 2023 from the same period last year, while for Jun 2023 it was 82.53%, marking a year-over-year increase of 18400.0%. This contributed to the annual value of 89.03% for FY2020, which is 51400.0% up from last year.
  • Per New Peoples Bankshares' latest filing, its Gross Margin stood at 86.78% for Q2 2023, which was down 17300.0% from 88.52% recorded in Q2 2022.
  • New Peoples Bankshares' Gross Margin's 5-year high stood at 92.03% during Q4 2020, with a 5-year trough of 79.0% in Q3 2019.
  • Moreover, its 5-year median value for Gross Margin was 87.14% (2021), whereas its average is 86.55%.
  • In the last 5 years, New Peoples Bankshares' Gross Margin soared by 107500bps in 2020 and then plummeted by -17300bps in 2023.
  • Quarter analysis of 5 years shows New Peoples Bankshares' Gross Margin stood at 90.38% in 2019, then increased by 2bps to 92.03% in 2020, then fell by -5bps to 87.14% in 2021, then increased by 2bps to 88.52% in 2022, then dropped by -2bps to 86.78% in 2023.
  • Its Gross Margin stands at 86.78% for Q2 2023, versus 88.52% for Q2 2022 and 87.14% for Q1 2021.