OTCPK:NWPP

Stock Analysis Report

New Peoples Bankshares

Executive Summary

New Peoples Bankshares, Inc. operates as a financial holding company for New Peoples Bank, Inc.

Snowflake

Fundamentals

Excellent balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has New Peoples Bankshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.1%

NWPP

1.4%

US Banks

1.0%

US Market


1 Year Return

-5.6%

NWPP

0.2%

US Banks

6.7%

US Market

Return vs Industry: NWPP underperformed the US Banks industry which returned 0.2% over the past year.

Return vs Market: NWPP underperformed the US Market which returned 6.7% over the past year.


Share holder returns

NWPPIndustryMarket
7 Day-1.1%1.4%1.0%
30 Day-5.6%-2.6%-1.8%
90 Day-3.7%0.8%-1.8%
1 Year-5.6%-5.6%3.1%0.2%9.1%6.7%
3 Year8.2%8.2%52.0%41.5%46.1%36.6%
5 Year48.4%48.4%69.7%51.2%66.9%48.6%

Price Volatility Vs. Market

How volatile is New Peoples Bankshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is New Peoples Bankshares undervalued based on future cash flows and its price relative to the stock market?

26.86x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: Insufficient data to calculate NWPP's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate NWPP's fair value to establish if it is undervalued.


Price Based on Earnings

PE vs Industry: NWPP is poor value based on its PE Ratio (26.9x) compared to the Banks industry average (12.5x).

PE vs Market: NWPP is poor value based on its PE Ratio (26.9x) compared to the US market (17.5x).


Price Based on Expected Growth

Low PEG Ratio: Insufficient data to calculate NWPP's PEG Ratio to determine if it is good value.


Price Based on Value of Assets

PB vs Industry: NWPP is good value based on its PB Ratio (0.8x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is New Peoples Bankshares expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: NWPP's forecast earnings growth (26.1% per year) is above the savings rate (2.7%).

Earnings vs Market: NWPP's earnings (26.1% per year) are forecast to grow faster than the US market (14.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if NWPP's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if NWPP's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: Insufficient data to determine if NWPP's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has New Peoples Bankshares performed over the past 5 years?

4.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: NWPP's earnings have grown by 4.5% per year over the past 5 years.

Accelerating Growth: NWPP's earnings growth over the past year (278.5%) exceeds its 5-year average (4.5% per year).

Earnings vs Industry: NWPP earnings growth over the past year (278.5%) exceeded the Banks industry 31.8%.


Return on Equity

High ROE: NWPP's Return on Equity (3.1%) is considered low.


Return on Assets

ROA vs Industry: NWPP's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate NWPP's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is New Peoples Bankshares's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: NWPP has a low level of unsold assets or inventory.

Debt Coverage by Assets: NWPP's debt is covered by short term assets (assets are 2.615970x debt).


Financial Institutions Analysis

Asset Level: NWPP's level of assets compared to its equity is moderate.

Allowance for Bad Loans: NWPP has a low allowance for bad loans.

Low Risk Liabilities: NWPP's liabilities are made up of primarily low risk sources of funding.

Loan Level: NWPP has an acceptable proportion of non-loan assets held.

Low Risk Deposits: NWPP's loans are broadly funded by customer deposits.

Level of Bad Loans: NWPP has an appropriate level of bad loans (1.01%)


Next Steps

Dividend

What is New Peoples Bankshares's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: Unable to evaluate NWPP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate NWPP's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if NWPP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NWPP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NWPP's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of New Peoples Bankshares's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

Christopher Asbury (48yo)

4.8yrs

Tenure

US$286,762

Compensation

Mr. C. Todd Asbury, CPA, has been the Chief Executive Officer and President of New Peoples Bank, Inc. and New Peoples Bankshares Inc. since December 17, 2014. Mr. Asbury served as the Chief Financial Off ...


CEO Compensation Analysis

Compensation vs. Market: Christopher's total compensation ($USD286.76K) is about average for companies of similar size in the US market ($USD495.80K).

Compensation vs Earnings: Christopher's compensation has been consistent with company performance over the past year.


Management Age and Tenure

4.8yrs

Average Tenure

60yo

Average Age

Experienced Management: NWPP's management team is considered experienced (4.8 years average tenure).


Board Age and Tenure

21.3yrs

Average Tenure

65.5yo

Average Age

Experienced Board: NWPP's board of directors are seasoned and experienced ( 21.3 years average tenure).


Insider Trading

Insider Buying: NWPP insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$34,38505 Sep 19
Blaine White
EntityIndividual
Role
Member of the Board of Directors
Director
Shares19,205
Max PriceUS$1.79
BuyUS$3,60423 Aug 19
John Cox
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,002
Max PriceUS$1.80
BuyUS$4,92018 Jun 19
Gina Boggess
EntityIndividual
Shares2,476
Max PriceUS$1.99
BuyUS$4,49017 Jun 19
Blaine White
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,245
Max PriceUS$2.00
BuyUS$13,87517 Jun 19
John Cox
EntityIndividual
Role
Member of the Board of Directors
Director
Shares7,500
Max PriceUS$1.85
BuyUS$11,63812 Jun 19
John Cox
EntityIndividual
Role
Member of the Board of Directors
Director
Shares6,650
Max PriceUS$1.75
BuyUS$47,46030 May 19
Harold Keene
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares25,000
Max PriceUS$1.90
SellUS$35,91030 May 19
Blaine White
EntityIndividual
Role
Member of the Board of Directors
Director
Shares18,900
Max PriceUS$1.90
BuyUS$19,46723 Apr 19
John Cox
EntityIndividual
Role
Member of the Board of Directors
Director
Shares10,815
Max PriceUS$1.80
BuyUS$5,22812 Dec 18
John Boczar
EntityIndividual
Role
Chief Financial Officer
Executive VP
Shares3,075
Max PriceUS$1.70
BuyUS$85012 Dec 18
J. Buchanan
EntityIndividual
Shares500
Max PriceUS$1.70
BuyUS$22,50430 Nov 18
John Cox
EntityIndividual
Role
Member of the Board of Directors
Director
Shares14,065
Max PriceUS$1.60

Ownership Breakdown


Management Team

  • Christopher Asbury (48yo)

    President

    • Tenure: 4.8yrs
    • Compensation: US$286.76k
  • Frank Sexton (69yo)

    Executive VP & COO

    • Tenure: 15.8yrs
    • Compensation: US$203.35k
  • John Boczar (60yo)

    Executive VP

    • Tenure: 1.8yrs
    • Compensation: US$170.12k

Board Members

  • Christopher Asbury (48yo)

    President

    • Tenure: 4.8yrs
    • Compensation: US$286.76k
  • Blaine White (73yo)

    Director

    • Tenure: 21.8yrs
    • Compensation: US$14.20k
  • Fred Meade (85yo)

    Director

    • Tenure: 21.8yrs
    • Compensation: US$12.60k
  • Mickey McGlothlin (67yo)

    Director

    • Tenure: 21.8yrs
    • Compensation: US$9.60k
  • Harold Keene (64yo)

    Chairman of the Board

    • Tenure: 5.4yrs
    • Compensation: US$18.60k
  • Charles Gent (59yo)

    Vice Chairman of the Board

    • Tenure: 6.8yrs
    • Compensation: US$9.00k
  • John Cox (62yo)

    Director

    • Tenure: 21.8yrs
    • Compensation: US$13.60k
  • Joe Carter (81yo)

    Director

    • Tenure: 21.8yrs
    • Compensation: US$14.40k
  • Tim Ball (59yo)

    Director

    • Tenure: 20.8yrs
    • Compensation: US$9.00k
  • Gene Hearl (87yo)

    Director

    • Tenure: 8.9yrs
    • Compensation: US$15.80k

Company Information

New Peoples Bankshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: New Peoples Bankshares, Inc.
  • Ticker: NWPP
  • Exchange: OTCPK
  • Founded: 1997
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$44.017m
  • Shares outstanding: 23.92m
  • Website: https://www.npbankshares.com

Number of Employees


Location

  • New Peoples Bankshares, Inc.
  • 67 Commerce Drive
  • Honaker
  • Virginia
  • 24260
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NWPPOTCPK (Pink Sheets LLC)YesCommon StockUSUSDApr 2011

Biography

New Peoples Bankshares, Inc. operates as a financial holding company for New Peoples Bank, Inc. that provides banking and financial services to individuals, small to medium size businesses, and the profess ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 02:23
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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