Investor News

 

FOR IMMEDIATE RELEASE: October 20, 2020

NEW PEOPLES BANKSHARES ANNOUNCES THIRD QUARTER 2020 RESULTS

Honaker, Virginia -- New Peoples Bankshares (the “Company”) (OTCBB: NWPP) and its wholly-owned subsidiary New Peoples Bank (the “Bank”) today announced third quarter net income of $1.42 million, or $0.06 per share, for the quarter ended September 30, 2020 as compared to $876,000, or $0.04 per share, for the quarter ended September 30, 2019, which is a year-over-year quarterly improvement of $548,000, or 62.6% increase. This is primarily due to a concerted focus to improve earnings through restructuring the organization, renegotiating major contracts, enhancing processes, adding noninterest income revenue and growing earning assets.

For complete news release, CLICK HERE

FOR IMMEDIATE RELEASE: April 15, 2020

NEW PEOPLES BANKSHARES, INC. ANNOUNCES POSTPONEMENT OF ANNUAL MEETING

Honaker, Virginia ‐‐ New Peoples Bankshares, Inc. (OTCBB: NWPP) announced the postponement of its annual meeting of shareholders due to the ongoing health concerns related to the novel Coronavirus (COVID-19) pandemic.

For complete news release, CLICK HERE

FOR IMMEDIATE RELEASE: February 28, 2018

NEW PEOPLES BANKSHARES, INC. REPORTS 2017 RESULTS

Honaker, Virginia ‐‐ New Peoples Bankshares and New Peoples Bank (collectively “New Peoples”) (OTCBB: NWPP) announced today that John J. Boczar is Executive Vice President - Chief Financial Officer and Secretary and Treasurer of the holding company, and J. Robert Buchanan is the bank’s newest director.

For complete news release, CLICK HERE

FOR IMMEDIATE RELEASE: February 15, 2018

NEW PEOPLES BANKSHARES, INC. REPORTS 2017 RESULTS

Honaker, Virginia ‐‐ New Peoples Bankshares (the “Company”) (OTCBB: NWPP) and its wholly‐owned subsidiary New Peoples Bank (the “Bank”) today announced consolidated net income of $3.1 million, or $0.13 earnings per share, for the year ended December 31, 2017. This compares to consolidated net income of $958 thousand, or $0.04 earnings per share, for the year ended December 31, 2016, which is an increase of $2.1 million, or $0.09 earnings per share.

For complete news release, CLICK HERE


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

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