Unity Bancorp (UNTY) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChart

Unity Bancorp Revenue Highlights


Latest Revenue (Y)

$155.74M

Latest Revenue (Q)

$42.90M

Main Segment (Y)

Service and loan fee income

Unity Bancorp Revenue by Period


Unity Bancorp Revenue by Year

DateRevenueChange
2024-12-31$155.74M55.78%
2023-12-31$99.97M2.39%
2022-12-31$97.64M11.79%
2021-12-31$87.33M16.51%
2020-12-31$74.96M12.18%
2019-12-31$66.82M6.18%
2018-12-31$62.93M17.68%
2017-12-31$53.48M13.65%
2016-12-31$47.05M12.78%
2015-12-31$41.72M13.40%
2014-12-31$36.79M10.79%
2013-12-31$33.21M-2.58%
2012-12-31$34.09M-1.58%
2011-12-31$34.63M-1.24%
2010-12-31$35.07M7.64%
2009-12-31$32.58M3.34%
2008-12-31$31.52M3.82%
2007-12-31$30.37M-3.24%
2006-12-31$31.38M3.15%
2005-12-31$30.42M13.58%
2004-12-31$26.79M2.20%
2003-12-31$26.21M10.53%
2002-12-31$23.71M34.88%
2001-12-31$17.58M-9.19%
2000-12-31$19.36M16.63%
1999-12-31$16.60M12.93%
1998-12-31$14.70M25.64%
1997-12-31$11.70M37.65%
1996-12-31$8.50M-

Unity Bancorp generated $155.74M in revenue during NA 2024, up 55.78% compared to the previous quarter, and up 233.07% compared to the same period a year ago.

Unity Bancorp Revenue by Quarter

DateRevenueChange
2025-03-31$42.90M51.99%
2024-12-31$28.23M2.88%
2024-09-30$27.44M7.77%
2024-06-30$25.46M2.17%
2024-03-31$24.92M0.26%
2023-12-31$24.85M-2.01%
2023-09-30$25.36M1.67%
2023-06-30$24.94M-0.83%
2023-03-31$25.15M-5.14%
2022-12-31$26.51M13.64%
2022-09-30$23.33M1.13%
2022-06-30$23.07M3.36%
2022-03-31$22.32M-6.18%
2021-12-31$23.79M5.59%
2021-09-30$22.53M5.57%
2021-06-30$21.34M0.47%
2021-03-31$21.24M3.18%
2020-12-31$20.59M16.57%
2020-09-30$17.66M11.54%
2020-06-30$15.84M-2.78%
2020-03-31$16.29M-0.03%
2019-12-31$16.29M-0.43%
2019-09-30$16.36M-1.21%
2019-06-30$16.56M5.25%
2019-03-31$15.74M2.69%
2018-12-31$15.33M-1.42%
2018-09-30$15.55M4.29%
2018-06-30$14.91M1.69%
2018-03-31$14.66M4.45%
2017-12-31$14.03M2.71%
2017-09-30$13.66M4.19%
2017-06-30$13.12M7.76%
2017-03-31$12.17M-2.08%
2016-12-31$12.43M3.17%
2016-09-30$12.05M4.06%
2016-06-30$11.58M5.21%
2016-03-31$11.00M0.93%
2015-12-31$10.90M0.05%
2015-09-30$10.90M6.19%
2015-06-30$10.26M6.22%
2015-03-31$9.66M1.19%
2014-12-31$9.55M0.65%
2014-09-30$9.48M6.04%
2014-06-30$8.95M1.50%
2014-03-31$8.81M6.09%
2013-12-31$8.31M-0.31%
2013-09-30$8.33M1.23%
2013-06-30$8.23M-1.26%
2013-03-31$8.34M3.36%
2012-12-31$8.07M-8.35%
2012-09-30$8.80M1.18%
2012-06-30$8.70M2.05%
2012-03-31$8.52M6.83%
2011-12-31$7.98M-11.42%
2011-09-30$9.01M1.00%
2011-06-30$8.92M2.15%
2011-03-31$8.73M-7.04%
2010-12-31$9.39M5.85%
2010-09-30$8.87M5.21%
2010-06-30$8.43M0.70%
2010-03-31$8.37M-20.13%
2009-12-31$10.48M30.72%
2009-09-30$8.02M34.77%
2009-06-30$5.95M-26.73%
2009-03-31$8.12M6.45%
2008-12-31$7.63M-0.70%
2008-09-30$7.68M-2.31%
2008-06-30$7.87M-2.77%
2008-03-31$8.09M9.32%
2007-12-31$7.40M-

Unity Bancorp generated $42.90M in revenue during Q1 2025, up 51.99% compared to the previous quarter, and up 172.64% compared to the same period a year ago.

Unity Bancorp Revenue Breakdown


Unity Bancorp Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21
Branch fee income$1.39M$997.00K$1.12M$1.13M
Service and loan fee income$2.17M$1.93M$2.43M$2.76M

Unity Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 24: Service and loan fee income (60.88%), and Branch fee income (39.12%).

Quarterly Revenue by Product

Product/ServiceMar 25Dec 24Sep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Service and loan fee income$864.00K$955.00K$753.00K$457.00K$934.00K$491.00K$503.00K$618.00K$543.00K$688.00K$584.00K$820.00K--
Branch fee income$447.00K$728.00K$420.00K$243.00K$534.00K$228.00K$235.00K$225.00K$336.00K$281.00K$275.00K$272.00K--
Branch Fee Income------------$294.00K$269.00K
Service And Loan Fee Income------------$804.00K$509.00K

Unity Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Service and loan fee income (65.90%), and Branch fee income (34.10%).

Unity Bancorp Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
TCBXThird Coast Bancshares$328.36M$83.87M
SMBCSouthern Missouri Bancorp$273.07M$76.55M
LNKBLINKBANCORP$167.59M$42.31M
UNTYUnity Bancorp$155.74M$42.90M
PKBKParke Bancorp$125.11M$34.54M
BPRNPrinceton Bancorp$122.95M$35.46M
UNBUnion Bankshares$47.16M$20.70M
UBCPUnited Bancorp-$9.84M

UNTY Revenue FAQ


What is Unity Bancorp’s yearly revenue?

Unity Bancorp's yearly revenue for 2024 was $155.74M, representing an increase of 55.78% compared to 2023. The company's yearly revenue for 2023 was $99.97M, representing an increase of 2.39% compared to 2022. UNTY's yearly revenue for 2022 was $97.64M, representing an increase of 11.79% compared to 2021.

What is Unity Bancorp’s quarterly revenue?

Unity Bancorp's quarterly revenue for Q1 2025 was $42.9M, a 51.99% increase from the previous quarter (Q4 2024), and a 72.19% increase year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $28.23M, a 2.88% increase from the previous quarter (Q3 2024), and a 13.58% increase year-over-year (Q4 2023). UNTY's quarterly revenue for Q3 2024 was $27.44M, a 7.77% increase from the previous quarter (Q2 2024), and a 8.18% increase year-over-year (Q3 2023).

What is Unity Bancorp’s revenue growth rate?

Unity Bancorp's revenue growth rate for the last 3 years (2022-2024) was 59.51%, and for the last 5 years (2020-2024) was 107.76%.

What are Unity Bancorp’s revenue streams?

Unity Bancorp's revenue streams in c 24 are Branch fee income, and Service and loan fee income. Branch fee income generated $1.39M in revenue, accounting 39.12% of the company's total revenue, up 39.52% year-over-year. Service and loan fee income generated $2.16M in revenue, accounting 60.88% of the company's total revenue, up 12.29% year-over-year.

What is Unity Bancorp’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Unity Bancorp was Service and loan fee income. This segment made a revenue of $2.16M, representing 60.88% of the company's total revenue.