Unity Bancorp (UNTY) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart

Unity Bancorp Revenue Highlights

Latest Revenue (Y)

$155.74M

Latest Revenue (Q)

$42.60M

Main Segment (Y)

Service and loan fee income

Unity Bancorp Revenue by Period

Unity Bancorp Revenue by Year

Date	Revenue	Change
2024-12-31	$155.74M	55.78%
2023-12-31	$99.97M	2.39%
2022-12-31	$97.64M	11.79%
2021-12-31	$87.33M	16.51%
2020-12-31	$74.96M	12.18%
2019-12-31	$66.82M	6.18%
2018-12-31	$62.93M	17.68%
2017-12-31	$53.48M	13.65%
2016-12-31	$47.05M	12.78%
2015-12-31	$41.72M	13.40%
2014-12-31	$36.79M	10.79%
2013-12-31	$33.21M	-2.58%
2012-12-31	$34.09M	-1.58%
2011-12-31	$34.63M	-1.24%
2010-12-31	$35.07M	7.64%
2009-12-31	$32.58M	3.34%
2008-12-31	$31.52M	3.82%
2007-12-31	$30.37M	-3.24%
2006-12-31	$31.38M	3.15%
2005-12-31	$30.42M	13.58%
2004-12-31	$26.79M	2.20%
2003-12-31	$26.21M	10.53%
2002-12-31	$23.71M	34.88%
2001-12-31	$17.58M	-9.19%
2000-12-31	$19.36M	16.63%
1999-12-31	$16.60M	12.93%
1998-12-31	$14.70M	25.64%
1997-12-31	$11.70M	37.65%
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

Date	Revenue	Change
2025-06-30	$42.60M	-0.70%
2025-03-31	$42.90M	2.15%
2024-12-31	$42.00M	-0.31%
2024-09-30	$42.13M	6.20%
2024-06-30	$39.67M	0.04%
2024-03-31	$39.66M	-0.69%
2023-12-31	$39.93M	2.86%
2023-09-30	$38.82M	3.86%
2023-06-30	$37.38M	8.04%
2023-03-31	$34.59M	7.67%
2022-12-31	$32.13M	18.21%
2022-09-30	$27.18M	5.39%
2022-06-30	$25.79M	11.33%
2022-03-31	$23.16M	-5.93%
2021-12-31	$24.63M	4.57%
2021-09-30	$23.55M	0.83%
2021-06-30	$23.36M	-3.52%
2021-03-31	$24.21M	1.83%
2020-12-31	$23.77M	6.96%
2020-09-30	$22.23M	3.70%
2020-06-30	$21.43M	-1.65%
2020-03-31	$21.79M	4.56%
2019-12-31	$20.84M	-0.56%
2019-09-30	$20.96M	-0.83%
2019-06-30	$21.14M	3.55%
2019-03-31	$20.41M	2.14%
2018-12-31	$19.98M	0.15%
2018-09-30	$19.95M	7.15%
2018-06-30	$18.62M	4.11%
2018-03-31	$17.89M	27.45%
2017-12-31	$14.03M	2.71%
2017-09-30	$13.66M	4.19%
2017-06-30	$13.12M	7.76%
2017-03-31	$12.17M	-2.08%
2016-12-31	$12.43M	3.17%
2016-09-30	$12.05M	4.06%
2016-06-30	$11.58M	5.21%
2016-03-31	$11.00M	0.93%
2015-12-31	$10.90M	0.05%
2015-09-30	$10.90M	6.19%
2015-06-30	$10.26M	6.22%
2015-03-31	$9.66M	1.19%
2014-12-31	$9.55M	0.65%
2014-09-30	$9.48M	6.04%
2014-06-30	$8.95M	1.50%
2014-03-31	$8.81M	6.09%
2013-12-31	$8.31M	-0.31%
2013-09-30	$8.33M	1.23%
2013-06-30	$8.23M	-1.26%
2013-03-31	$8.34M	3.36%
2012-12-31	$8.07M	-8.35%
2012-09-30	$8.80M	1.18%
2012-06-30	$8.70M	2.05%
2012-03-31	$8.52M	6.83%
2011-12-31	$7.98M	-11.42%
2011-09-30	$9.01M	1.00%
2011-06-30	$8.92M	2.15%
2011-03-31	$8.73M	-7.04%
2010-12-31	$9.39M	5.85%
2010-09-30	$8.87M	5.21%
2010-06-30	$8.43M	0.70%
2010-03-31	$8.37M	-20.13%
2009-12-31	$10.48M	30.72%
2009-09-30	$8.02M	34.77%
2009-06-30	$5.95M	-26.73%
2009-03-31	$8.12M	6.45%
2008-12-31	$7.63M	-0.70%
2008-09-30	$7.68M	-2.31%
2008-06-30	$7.87M	-2.77%
2008-03-31	$8.09M	9.32%
2007-12-31	$7.40M	-

Unity Bancorp generated $42.60M in revenue during Q2 2025, up -0.70% compared to the previous quarter, and up 107.43% compared to the same period a year ago.

Unity Bancorp Revenue Breakdown

Unity Bancorp Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 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/Service	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21
Service and loan fee income	$536.00K	$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	$465.00K	$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 Jun 25: Service and loan fee income (53.55%), and Branch fee income (46.45%).

Unity Bancorp Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
SHBI	Shore Bancshares	$295.34M	$-83.07M
NFBK	Northfield Bancorp	$237.91M	$66.95M
PGC	Peapack-Gladstone Financial	$228.13M	$29.94M
PFIS	Peoples Financial Services	$211.46M	$65.33M
CBNK	Capital Bancorp	$186.16M	$21.18M
UNTY	Unity Bancorp	$155.74M	$42.60M
MSBI	Midland States Bancorp	$77.74M	$121.46M
BWB	Bridgewater Bancshares	$980.00	$67.57M
NRIM	Northrim BanCorp	-	$6.75M

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 Q2 2025 was $42.6M, a -0.70% decrease from the previous quarter (Q1 2025), and a 7.39% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $42.9M, a 2.15% increase from the previous quarter (Q4 2024), and a 8.19% increase year-over-year (Q1 2024). UNTY's quarterly revenue for Q4 2024 was $42M, a -0.31% decrease from the previous quarter (Q3 2024), and a 5.19% increase year-over-year (Q4 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.