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

New Peoples Bankshares has reported Gross Margin for 5 years, with the latest figure at 86.78% in Q2 2023.

• For the quarter ending Q2 2023, Gross Margin fell 887.0% year-over-year to 86.78%; the trailing twelve-month figure through Jun 2023 stood at 79.84% (up 184.0% YoY), and the FY2020 full-year result was 89.03%, down 692.0% from the prior year.
• Gross Margin for Q2 2023 stood at 86.78%, down from 95.65% in the prior quarter.
• The five-year high for Gross Margin was 97.02% in Q4 2019, with the low at 74.67% in Q4 2020.
• Average Gross Margin over 5 years is 90.72%, with a median of 94.32% recorded in 2020.
• Peak annual rise in Gross Margin reached 1004 bps in 2020, while the deepest fall reached 2236 bps in 2020.
• Tracing NWPP's Gross Margin over 5 years: stood at 97.02% in 2019, then declined by 23 bps to 74.67% in 2020, then climbed by 17 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.
• The last three Gross Margin figures came in at 86.78% (Q2 2023), 95.65% (Q2 2022), and 87.14% (Q1 2021), per Business Quant data.

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