Investor News

 

FOR IMMEDIATE RELEASE: November 2, 2021

NEW PEOPLES BANKSHARES ANNOUNCES THIRD QUARTER 2021 RESULTS

Honaker, Virginia -- New Peoples Bankshares, Inc. (the “Company”) (OTCBB: NWPP) and its wholly-owned subsidiary, New Peoples Bank, Inc. (the “Bank”), today announced third quarter 2021 net income of $1.8 million, or $0.08 per share, as compared to $1.4 million, or $0.06 per share, for the third quarter of 2020, a year-over-year improvement of $421,000 and a 29.6% increase. The primary drivers for the increase were an increase in net interest income of $1.0 million and an increase in non-interest income of $854,000. Return on average assets rose to 0.91% for the third quarter of 2021 compared to 0.75% for the third quarter of 2020 and return on average equity is up to 11.75% versus 10.12% for the same quarterly comparison

For complete news release,  CLICK HERE


Contact information for New Peoples Bankshares, Inc.
C. Todd Asbury, President and CEO
(276) 873-7000

Stock Assistance Customer Service

Computershare
211 Quality Circle, Suite 210
College Station, TX 77845
Telephone: 1-800-368-5948
Internet address: www.computershare.com

Kristy Northern
276-873-7000

We are here to assist with your New Peoples Bankshares common stock. Thank you for banking with us!

Buy or Sell Stock

Contact Information

Janney Montgomery Scott LLC
1475 Peachtree St. NE, Suite 800
Atlanta, GA 30309
Office: 800.526.6397

DA Davidson & Co.
121 W. Forsyth St., Suite 820
Jacksonville, FL 32202
Office: 888.877.6807
 

EnableDisable Accessibility Mode

Enable Accessibility Mode

Supporting visitors with disabilities is important to us so we've enhanced our site to increase contrast of some elements based on user preference.

Do you need high contrast styles?

Yes No, thanks