NEW PEOPLES BANKSHARES INC (NWPP) Form 10-Q — May 13, 2026
New Peoples Bankshares, Inc. reported a net income of $3.1 million for the three months ended March 31, 2026, a 60.48% increase from the same period in 2025. This significant growth in profitability is primarily attributed to an increase in net interest income, which rose by $1.2 million, or 15.86%, to $8.8 million for the quarter. The loan portfolio was the primary driver, with a 25 basis point increase in yield and a $57.8 million increase in the average balance compared to the first quarter of 2025.
Key figures
- Eps
- 0.13
- Eps Beat
- 0
- Revenue
- 0
- Net Income
- 3062
- Total Debt
- 0
- Debt Amount
- 0
- Revenue Yoy
- 0
- Total Assets
- 939569
- Cash Position
- 92893
- Deal Value Usd
- 0
- Interest Rate
- 0
- Gross Proceeds
- 0
- Offering Price
- 0
- Shares Offered
- 0
- Shares Outstanding
- 23555517
- Dividend per share
- 0.09
- Repurchased shares
- 11496
- Net interest income
- 8800
- Net interest margin
- 3.99
- Loan to deposit ratio
- 87.39
- Average price paid per share
- 3.55
Price after filing
Close on the filing date to close N calendar days later (from $4.25). Historical, not a forecast.
AI analysis
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