New Peoples Bankshares (NWPP) Gross Margin (2019 - 2023)
New Peoples Bankshares' (NWPP) quarterly Gross Margin came in at 95.01% in Q2 2023, down 65.0% year-over-year from 271.44% in Q2 2022, and down 0.68% quarter-over-quarter from 95.65% in Q2 2022.
Analysis
New Peoples Bankshares (NWPP) Gross Margin (2019 - 2023) Analysis & Trends
New Peoples Bankshares (NWPP) has reported Gross Margin for 5 consecutive years, with 95.01% the latest figure, recorded in Q2 2023.
- On a quarterly basis, Gross Margin fell 65.0% year-over-year to 95.01% in Q2 2023; TTM through Jun 2023 was 89.02%, a 260.0% increase from a year earlier, with the FY2020 full-year figure at 95.62%, down 33.0% from the prior year.
- Gross Margin was 95.01% for Q2 2023 at New Peoples Bankshares, down from 95.65% in the prior quarter.
- Over five years, Gross Margin peaked at 97.02% in Q4 2019 and troughed at 94.32% in Q2 2020.
- A 5-year average of 95.63% and a median of 95.65% in 2020 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 29 bps in 2020, down 121 bps in 2020.
- Over 5 years, Gross Margin stood at 97.02% in 2019, then decreased by 1 bps to 96.32% in 2020, then declined by 1 bps to 95.67% in 2021, then fell by 0 bps to 95.65% in 2022, then slipped by 1 bps to 95.01% in 2023.
- The last three Gross Margin figures came in at 95.01% (Q2 2023), 95.65% (Q2 2022), and 95.67% (Q1 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 957.58 Bn | 957.58 Bn | - | - |
| 2 | Truist Financial | 61.06 Bn | 61.06 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.23 Bn | 25.50 Bn | - | - |
| 4 | M&T Bank | 34.50 Bn | 34.50 Bn | - | - |
| 5 | Huntington Bancshares | 33.46 Bn | 28.94 Bn | - | - |
| 6 | Citizens Financial | 29.15 Bn | 29.15 Bn | - | - |
| 7 | Regions Financial | 25.31 Bn | 25.31 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.08 Bn | 29.00 Mn | 39.19% |
| 9 | Keycorp | 23.13 Bn | -24.56 Bn | - | - |
| 10 | New Peoples Bankshares | 112.52 Mn | 28.20 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 95.01% |
| Jun 30, 2022 | 95.65% |
| Mar 31, 2021 | 95.67% |
| Dec 31, 2020 | 96.32% |
| Sep 30, 2020 | 95.58% |
| Jun 30, 2020 | 94.32% |
| Mar 31, 2020 | 95.65% |
| Dec 31, 2019 | 97.02% |
| Sep 30, 2019 | 95.78% |
| Jun 30, 2019 | 95.53% |
| Mar 31, 2019 | 95.36% |