Filing Flows › New Peoples Bankshares (NWPP) › Q1 2025
New Peoples Bankshares (NWPP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
New Peoples Bankshares (NWPP) reported revenue of $9.8M for the first quarter 2025 (Q1 2025), +6% from a year earlier and -13% from the quarter before. Operating margin was 25.5%, net earnings $1.9M (19.5% of revenue).
New Peoples Bankshares, Q1 2025: revenue $9.8M (+6% year over year), operating margin 25.5%, net earnings $1.9M, operating cash flow $2.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.8M | -13% | +6% |
| Operating profit | $2.5M | -20% | +8% |
| Net earnings | $1.9M | -27% | +7% |
| Operating cash flow | $2.0M | +40% | -12% |
| Free cash flow | $1.8M | +31% | -13% |
What changed
Revenue was $9.8M in Q1 2025, up 6% year over year and down 13% from the previous quarter.
Operating profit was $2.5M, a 25.5% margin (up 0.5 points year over year). Of the extra revenue versus a year earlier, 34% reached operating profit, above the 25% margin then. Total costs grew 5% against revenue growth of 6%. Net earnings were $1.9M, up 7% year over year. The effective tax rate was 23.4%.
Operating cash flow was $2.0M (down 12% year over year), 106% of net earnings. Non-cash charges added back $374K of depreciation. Working capital and other items used $252K. Capital expenditures of $268K left free cash flow of $1.8M.
Questions
What was New Peoples Bankshares' revenue in the first quarter 2025?
New Peoples Bankshares (NWPP) reported revenue of $9.8M for the first quarter 2025 (Q1 2025), +6% from a year earlier and -13% from the quarter before.
Was New Peoples Bankshares profitable in the first quarter 2025?
Operating profit was $2.5M (25.5% of revenue) and net earnings $1.9M.