Unity Bancorp Stock (NASDAQ:UNTY)


ForecastRevenueOwnershipFinancialsChart

Previous Close

$56.12

52W Range

$43.22 - $57.30

50D Avg

$53.99

200D Avg

$51.97

Market Cap

$556.77M

Avg Vol (3M)

$52.22K

Beta

0.64

Div Yield

$0.62 (1.12%)

UNTY Company Profile


As the parent entity of Unity Bank, Unity Bancorp, Inc. delivers a comprehensive range of commercial and retail banking solutions, catering to individual consumers, small and mid-sized enterprises, and professional organizations. Its product portfolio encompasses various deposit accounts, such as personal and business checking, certificates of deposit (time deposits), money market accounts, and traditional savings accounts, alongside both interest-earning and non-interest-bearing demand deposit options. Furthermore, the bank extends a variety of lending products, including Small Business Administration (SBA) loans, commercial financing, and consumer credit facilities, which feature residential mortgages, home equity lines of credit and loans, residential construction financing, and personal loans. Customers can access these services both online and through its network of nineteen physical branches, strategically situated across Bergen, Hunterdon, Middlesex, Somerset, Union, and Warren counties in New Jersey, and Northampton County in Pennsylvania. Established in 1991, Unity Bancorp, Inc. maintains its corporate headquarters in Clinton, New Jersey.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

227

IPO Date

Jan 14, 1997

Website

UNTY Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 25Dec 24Dec 23
Branch Fee Income$1.84M--
Service and loan fee income-$2.17M$1.93M
Branch fee income-$1.39M$997.00K

Fiscal year ends in Dec 25 | Currency in USD

UNTY Financial Summary


Dec 25Dec 24Dec 23
Revenue$188.41M$163.07M$150.72M
Operating Income$75.51M$54.39M$52.99M
Net Income$57.95M$41.45M$39.71M
EBITDA$75.51M$56.97M$55.38M
Basic EPS$5.78$4.13$3.89
Diluted EPS$5.67$4.06$3.84

Fiscal year ends in Dec 25 | Currency in USD

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