FOR IMMEDIATE RELEASE: October 30, 2024
NEW PEOPLES BANKSHARES ANNOUNCES THIRD QUARTER RESULTS
Today, New Peoples Bankshares, Inc. (the “Company”) (OTCBB: NWPP), the holding company for New Peoples Bank, Inc. (the “Bank”), announced third quarter 2024 net income of $2.1 million, or $0.09 per share, as compared to $1.9 million, or $0.08 per share, for the third quarter of 2023, an increase in earnings of $218,000 or 11.53%. For the nine months ended September 30, 2024, net income was $5.6 million, or $0.24 per share, compared to $5.6 million, or $0.24 per share, in 2023.
FOR IMMEDIATE RELEASE: July 29, 2024
NEW PEOPLES BANKSHARES ANNOUNCES SECOND QUARTER RESULTS
Honaker, Virginia – Today, New Peoples Bankshares, Inc. (the “Company”) (OTCBB: NWPP), the holding company for New Peoples Bank, Inc. (the “Bank”), announced second quarter 2024 net income of $1.7 million, or $0.07 per share, as compared to $1.7 million, or $0.07 per share, for the second quarter of 2023, a reduction in earnings of $39,000 or 2.3%. For the six months ended June 30, 2024, net income was $3.5 million, or $0.15 per share, compared to $3.7 million, or $0.16 per share, in 2023.
FOR IMMEDIATE RELEASE: April 30, 2024
NEW PEOPLES BANKSHARES ANNOUNCES FIRST QUARTER RESULTS
Honaker, Virginia – Today, New Peoples Bankshares, Inc. (the “Company”) (OTCBB: NWPP), the holding company for New Peoples Bank, Inc. (the “Bank”), announced first quarter 2024 net income of $1.8 million, or $0.08 per share, as compared to $2.0 million, or $0.08 per share, for the first quarter of 2023, a reduction in earnings of $236,000 or 11.7%.
FOR IMMEDIATE RELEASE: February 28, 2024
NEW PEOPLES BANKSHARES DECLARATION OF DIVIDEND AND SHARE REPURCHASE PROGRAM EXTENSION
TRANSITION OF PRESIDENT AND CHIEF EXECUTIVE OFFICER ANNOUNCED
TRANSITION OF PRESIDENT AND CHIEF EXECUTIVE OFFICER ANNOUNCED
Honaker, Virginia – The board of directors of New Peoples Bankshares, Inc. (the “Company”) (OTCBB: NWPP), the financial holding company of its wholly-owned subsidiary, New Peoples Bank, Inc. (the “Bank”), today announced the declaration of a dividend of $0.07 per share payable on March 29, 2024, to shareholders of record as of March 15, 2024.
FOR IMMEDIATE RELEASE: January 30, 2024
Today, New Peoples Bankshares, Inc. (the “Company”) (OTCBB: NWPP), the holding company for New Peoples Bank, Inc. (the “Bank”), announced fourth quarter 2023 net income of $1.6 million, or $0.07 per share, as compared to $2.3 million, or $0.09 per share, for the fourth quarter of 2022, a reduction in earnings of $702,000 or 31.2%.
FOR IMMEDIATE RELEASE: October 27, 2023
New Peoples Bankshares, Inc. (the “Company”) (OTCBB: NWPP), the holding company for New Peoples Bank, Inc. (the “Bank”), announced third quarter 2023 net income of $1.9 million, or $0.08 per share, as compared to $2.0 million, or $0.08 per share, for the third quarter of 2022, a reduction in earnings of $96,000 or 4.8%. For the nine months ended September 30, 2023, net income was $5.6 million, or $0.24 per share, compared to $5.8 million, or $0.24 per share in 2022.
FOR IMMEDIATE RELEASE: August 21, 2023
NEW PEOPLES BANKSHARES, INC. ANNOUNCES APPOINTMENT OF JAMES W. KISER (“J.W.”) AS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF NEW PEOPLES BANK, INC.
New Peoples Bankshares, Inc. (the “Company”), the holding company of New Peoples Bank, Inc. (the “Bank”), announced today that J.W. Kiser has been appointed by the Bank’s Board of Directors as President and Chief Executive Officer of the Bank, effective December 1, 2023.
FOR IMMEDIATE RELEASE: August 7, 2023
NEW PEOPLES BANKSHARES ANNOUNCES RETIREMENT AND TRANSITION OF PRESIDENT & CHIEF EXECUTIVE OFFICER
New Peoples Bankshares, Inc. (the “Company”), the holding company for New Peoples Bank, Inc. (the “Bank”), announced today that C. Todd Asbury, the Bank’s President and Chief Executive Officer, will begin a planned transition to retirement in December 2023.
FOR IMMEDIATE RELEASE: July 28, 2023
NEW PEOPLES BANKSHARES ANNOUNCES SECOND QUARTER RESULTS
Today, New Peoples Bankshares, Inc. (the “Company”) (OTCBB: NWPP), the holding company for New Peoples Bank, Inc. (the “Bank”), announced second quarter 2023 net income of $1.7 million, or $0.07 per share, as compared to $1.9 million, or $0.08 per share, for the second quarter of 2022, a reduction in earnings of $200,000 or 10.40%.
FOR IMMEDIATE RELEASE: MAY, 1 2023
NEW PEOPLES BANKSHARES ANNOUNCES FIRST QUARTER RESULTS
Honaker, Virginia - Today, New Peoples Bankshares, Inc. (the “Company”) (OTCBB: NWPP), the holding company for New Peoples Bank,
Inc. (the “Bank”), announced first quarter 2023 net income of $2.0 million, or $0.08 per share, as compared to $1.9
million, or $0.08 per share, for the first quarter of 2022, an improvement of $100,000, or 5.2%.
Inc. (the “Bank”), announced first quarter 2023 net income of $2.0 million, or $0.08 per share, as compared to $1.9
million, or $0.08 per share, for the first quarter of 2022, an improvement of $100,000, or 5.2%.
FOR IMMEDIATE RELEASE: MARCH, 1 2023
NEW PEOPLES BANKSHARES DECLARATION OF DIVIDEND AND SHARE REPURCHASE PROGRAM EXTENSION
Honaker, Virginia – The board of directors of New Peoples Bankshares, Inc. (the “Company”) (OTCBB: NWPP) the
financial holding company of its wholly-owned subsidiary, New Peoples Bank, Inc. (the “Bank”), today announced
the declaration of a dividend of $.06 per share payable on March 31, 2023, to shareholders of record as of March
15, 2023.
financial holding company of its wholly-owned subsidiary, New Peoples Bank, Inc. (the “Bank”), today announced
the declaration of a dividend of $.06 per share payable on March 31, 2023, to shareholders of record as of March
15, 2023.
FOR IMMEDIATE RELEASE: February, 3 2023
NEW PEOPLES BANKSHARES ANNOUNCES RECORD ANNUAL EARNINGS
Honaker, Virginia – Today, New Peoples Bankshares, Inc. (the “Company”) (OTCBB: NWPP), the holding company for New Peoples Bank,
Inc. (the “Bank”), reported fourth quarter 2022 net income of $2.3 million, or $0.09 per share, as compared to $1.9
million, or $0.08 per share, for the fourth quarter of 2021, an improvement of $335,000, or 17.4%. For the year
ended December 31, 2022, net income was $8.1 million, or $0.34 per share, compared to $7.0 million, or $0.29 per
share, for 2021.
Inc. (the “Bank”), reported fourth quarter 2022 net income of $2.3 million, or $0.09 per share, as compared to $1.9
million, or $0.08 per share, for the fourth quarter of 2021, an improvement of $335,000, or 17.4%. For the year
ended December 31, 2022, net income was $8.1 million, or $0.34 per share, compared to $7.0 million, or $0.29 per
share, for 2021.