New Peoples Bankshares (NWPP) Loans - Loss Allowance (2010 - 2024)
New Peoples Bankshares (NWPP) posted quarterly Loans - Loss Allowance of -$7.4 million for Q1 2024, down 211.18% year-over-year from $6.7 million in Q2 2023, and down 2.07% quarter-over-quarter from -$7.3 million in Q4 2023.
New Peoples Bankshares (NWPP) Loans - Loss Allowance (2010 - 2024) Analysis & Trends
New Peoples Bankshares (NWPP) has reported Loans - Loss Allowance for 15 consecutive years, with -$7.4 million the latest figure, recorded in Q1 2024.
- In Q1 2024, Loans - Loss Allowance fell 211.18% year-over-year to -$7.4 million; the TTM figure through Mar 2024 stood at -$7.4 million (down 211.18% YoY), while the FY2023 annual figure was -$7.3 million, down 7.86% from the prior year.
- Loans - Loss Allowance slipped to -$7.4 million in Q1 2024 per NWPP's latest filing, from -$7.3 million in the prior quarter.
- Across five years, Loans - Loss Allowance topped out at $7.3 million in Q1 2021 and bottomed at -$7.4 million in Q1 2024.
- Historically, Loans - Loss Allowance has averaged $4.3 million across 5 years, with a median of $6.7 million in 2021.
- Annual changes were most pronounced in 2020 — Loans - Loss Allowance surged 35.67% — and 2024, when it tumbled 211.18%.
- New Peoples Bankshares' Loans - Loss Allowance stood at $7.2 million in 2020, then retreated by 6.34% to $6.7 million in 2021, then plunged by 199.88% to -$6.7 million in 2022, then fell by 7.86% to -$7.3 million in 2023, then retreated by 2.07% to -$7.4 million in 2024.
- Business Quant data shows NWPP's Loans - Loss Allowance at -$7.4 million in Q1 2024, -$7.3 million in Q4 2023, and $6.9 million in Q3 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 4.65 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 7.65 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 4.98 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 2.92 Bn |
| 10 | New Peoples Bankshares | 116.52 Mn | 32.21 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -7.41 Mn |
| Dec 31, 2023 | -7.26 Mn |
| Sep 30, 2023 | 6.91 Mn |
| Jun 30, 2023 | 6.81 Mn |
| Mar 31, 2023 | 6.66 Mn |
| Dec 31, 2022 | -6.73 Mn |
| Sep 30, 2022 | 6.59 Mn |
| Jun 30, 2022 | 6.82 Mn |
| Mar 31, 2022 | 6.76 Mn |
| Dec 31, 2021 | 6.74 Mn |
| Sep 30, 2021 | 6.66 Mn |
| Jun 30, 2021 | 6.70 Mn |
| Mar 31, 2021 | 7.29 Mn |
| Dec 31, 2020 | 7.19 Mn |
| Sep 30, 2020 | 6.99 Mn |
| Jun 30, 2020 | 6.58 Mn |
| Mar 31, 2020 | 6.34 Mn |
| Dec 31, 2019 | 5.37 Mn |
| Sep 30, 2019 | 5.15 Mn |
| Jun 30, 2019 | 5.19 Mn |