New Peoples Bankshares Q2 FY26 net income rises 46.69% to $6.5 million; net interest margin widens 26 basis points to 4.12%
NWPP•Q2 results and margin expansion
New Peoples Bankshares posted Q2 net income of $3.5 million, or $0.15 per share.
- Net interest margin widened 26 basis points to 4.12% from a year earlier.
- Provision for credit losses fell 59.09% to $63,000, reflecting loan growth and a modest qualitative-factor adjustment tied to Middle East conflict uncertainty.
Balance sheet trends and capital actions
- Loans held for investment rose 3.2% to $732.3 million from Dec. 31, while deposits increased 3.66% to $827.5 million.
- The board terminated the stock repurchase program on July 20; 27,701 shares were bought in H1 at an average $3.54.
