New Peoples Bankshares (NWPP) Gross Margin (2019 - 2023)
New Peoples Bankshares (NWPP) posted quarterly Gross Margin of 86.78% for Q2 2023, down 887.0% year-over-year from 11.03% in Q2 2022, and down 9.27% quarter-over-quarter from 95.65% in Q2 2022.
New Peoples Bankshares (NWPP) Gross Margin (2019 - 2023) Analysis & Trends
New Peoples Bankshares (NWPP) has reported Gross Margin for 5 consecutive years, with 86.78% the latest figure, recorded in Q2 2023.
- In Q2 2023, Gross Margin fell 887.0% year-over-year to 86.78%; the TTM figure through Jun 2023 stood at 85.21% (up 185.0% YoY), while the FY2020 annual figure was 95.62%, down 33.0% from the prior year.
- Gross Margin slipped to 86.78% in Q2 2023 per NWPP's latest filing, from 95.65% in the prior quarter.
- Across five years, Gross Margin topped out at 133.53% in Q4 2019 and bottomed at 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.
- New Peoples Bankshares' Gross Margin stood at 133.53% in 2019, then decreased by 28 bps to 96.32% in 2020, then declined by 10 bps to 87.14% in 2021, then increased by 10 bps to 95.65% in 2022, then dropped by 9 bps to 86.78% in 2023.
- Business Quant data shows NWPP's Gross Margin at 86.78% in Q2 2023, 95.65% in Q2 2022, and 87.14% in Q1 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | 42.56% |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | - |
| 10 | New Peoples Bankshares | 113.04 Mn | 28.72 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 86.78% |
| Jun 30, 2022 | 95.65% |
| Mar 31, 2021 | 87.14% |
| Dec 31, 2020 | 96.32% |
| Sep 30, 2020 | 89.76% |
| Jun 30, 2020 | 84.85% |
| Mar 31, 2020 | 95.65% |
| Dec 31, 2019 | 133.53% |
| Sep 30, 2019 | 79.00% |
| Jun 30, 2019 | 95.53% |
| Mar 31, 2019 | 95.36% |