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

New Peoples Bankshares (NWPP) has 5 years of Gross Margin data on file, last reported at 86.78% in Q2 2023.

• On a quarterly basis, Gross Margin fell 887.0% year-over-year to 86.78% in Q2 2023; TTM through Jun 2023 was 85.21%, a 185.0% increase from a year earlier, with the FY2020 full-year figure at 95.62%, down 33.0% from the prior year.
• Gross Margin for Q2 2023 stood at 86.78%, down from 95.65% in the prior quarter.
• Over the last five years, Gross Margin for NWPP reached as high as 133.53% in Q4 2019 and fell as low as 79.0% in Q3 2019.
• Historically, Gross Margin has averaged 94.51% across 5 years, with a median of 95.36% in 2019.
• On a YoY basis, Gross Margin climbed as much as 1075 bps in 2020 and fell as far as 3721 bps in 2020.
• Year by year, Gross Margin stood at 133.53% in 2019, then dropped by 28 bps to 96.32% in 2020, then retreated by 10 bps to 87.14% in 2021, then gained by 10 bps to 95.65% in 2022, then fell by 9 bps to 86.78% in 2023.
• Per Business Quant data, the three most recent Gross Margin figures were 86.78% in Q2 2023, 95.65% in Q2 2022, and 87.14% in Q1 2021.