Unity Bancorp Past Earnings Performance
Past criteria checks 2/6
Unity Bancorp has been growing earnings at an average annual rate of 13.7%, while the Banks industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 10.8% per year. Unity Bancorp's return on equity is 14.2%, and it has net margins of 39.1%.
Key information
13.7%
Earnings growth rate
14.9%
EPS growth rate
Banks Industry Growth | 11.2% |
Revenue growth rate | 10.8% |
Return on equity | 14.2% |
Net Margin | 39.1% |
Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Unity Bancorp: Respectable Quarter To Kick Off Regional Bank Earnings Season
Apr 12Unity Bancorp's (NASDAQ:UNTY) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 27Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12
Dec 13Unity Bancorp (NASDAQ:UNTY) Is Paying Out A Dividend Of $0.12
Nov 21With EPS Growth And More, Unity Bancorp (NASDAQ:UNTY) Makes An Interesting Case
Nov 04Unity Bancorp (NASDAQ:UNTY) Has Announced A Dividend Of $0.12
Sep 05Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12
Aug 22Do Unity Bancorp's (NASDAQ:UNTY) Earnings Warrant Your Attention?
Jul 18Unity Bancorp (NASDAQ:UNTY) Will Pay A Larger Dividend Than Last Year At $0.12
May 29Unity Bancorp (NASDAQ:UNTY) Is Increasing Its Dividend To $0.12
Feb 21Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.11
Dec 09Unity Bancorp (NASDAQ:UNTY) Has Announced A Dividend Of $0.11
Nov 22Unity Bancorp GAAP EPS of $0.93
Oct 14Unity Bancorp: Attractively Valued With A Positive Outlook For Topline Growth
Sep 26Unity Bancorp declares $0.11 dividend
Aug 25Unity Bancorp added to US Small-Cap Russell 2000 Index
Jul 12Unity Bancorp (NASDAQ:UNTY) Has Announced That It Will Be Increasing Its Dividend To US$0.11
Jun 05Unity Bancorp's (NASDAQ:UNTY) Dividend Will Be Increased To US$0.11
May 12Unity Bancorp: A Local New Jersey Bank Trading At Just 9 Times Earnings
Mar 25Unity Bancorp (NASDAQ:UNTY) Has Affirmed Its Dividend Of US$0.09
Aug 29Revenue & Expenses Breakdown
How Unity Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Jun 24 | 99 | 39 | 43 | 0 |
31 Mar 24 | 100 | 39 | 42 | 0 |
31 Dec 23 | 100 | 40 | 42 | 0 |
30 Sep 23 | 100 | 40 | 41 | 0 |
30 Jun 23 | 98 | 40 | 41 | 0 |
31 Mar 23 | 97 | 40 | 40 | 0 |
31 Dec 22 | 94 | 38 | 39 | 0 |
30 Sep 22 | 93 | 38 | 38 | 0 |
30 Jun 22 | 92 | 38 | 37 | 0 |
31 Mar 22 | 90 | 37 | 37 | 0 |
31 Dec 21 | 89 | 36 | 37 | 0 |
30 Sep 21 | 86 | 34 | 36 | 0 |
30 Jun 21 | 81 | 30 | 36 | 0 |
31 Mar 21 | 75 | 27 | 35 | 0 |
31 Dec 20 | 70 | 24 | 34 | 0 |
30 Sep 20 | 66 | 22 | 33 | 0 |
30 Jun 20 | 65 | 23 | 33 | 0 |
31 Mar 20 | 66 | 23 | 33 | 0 |
31 Dec 19 | 65 | 24 | 32 | 0 |
30 Sep 19 | 64 | 23 | 32 | 0 |
30 Jun 19 | 63 | 23 | 32 | 0 |
31 Mar 19 | 62 | 22 | 31 | 0 |
31 Dec 18 | 60 | 22 | 31 | 0 |
30 Sep 18 | 59 | 19 | 30 | 0 |
30 Jun 18 | 57 | 17 | 29 | 0 |
31 Mar 18 | 55 | 15 | 28 | 0 |
31 Dec 17 | 52 | 13 | 27 | 0 |
30 Sep 17 | 51 | 14 | 26 | 0 |
30 Jun 17 | 49 | 13 | 26 | 0 |
31 Mar 17 | 47 | 12 | 25 | 0 |
31 Dec 16 | 46 | 13 | 24 | 0 |
30 Sep 16 | 44 | 13 | 24 | 0 |
30 Jun 16 | 43 | 12 | 24 | 0 |
31 Mar 16 | 43 | 12 | 24 | 0 |
31 Dec 15 | 41 | 10 | 23 | 0 |
30 Sep 15 | 39 | 9 | 22 | 0 |
30 Jun 15 | 37 | 8 | 22 | 0 |
31 Mar 15 | 35 | 7 | 21 | 0 |
31 Dec 14 | 34 | 6 | 21 | 0 |
30 Sep 14 | 33 | 6 | 21 | 0 |
30 Jun 14 | 32 | 5 | 20 | 0 |
31 Mar 14 | 32 | 5 | 20 | 0 |
31 Dec 13 | 32 | 4 | 20 | 0 |
Quality Earnings: UNTY has high quality earnings.
Growing Profit Margin: UNTY's current net profit margins (39.1%) are lower than last year (40.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: UNTY's earnings have grown by 13.7% per year over the past 5 years.
Accelerating Growth: UNTY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: UNTY had negative earnings growth (-2.8%) over the past year, making it difficult to compare to the Banks industry average (-15.9%).
Return on Equity
High ROE: UNTY's Return on Equity (14.2%) is considered low.