Unity Bank Past Earnings Performance
Past criteria checks 0/6
Unity Bank's earnings have been declining at an average annual rate of -26.8%, while the Banks industry saw earnings growing at 30.6% annually. Revenues have been declining at an average rate of 3.9% per year.
Key information
-26.8%
Earnings growth rate
-26.8%
EPS growth rate
| Banks Industry Growth | 30.4% |
| Revenue growth rate | -3.9% |
| Return on equity | n/a |
| Net Margin | 277.2% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Unity Bank 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 Sep 23 | -17,681 | -49,006 | 16,608 | 0 |
| 30 Jun 23 | -12,683 | -39,622 | 16,003 | 0 |
| 31 Mar 23 | 29,561 | 1,120 | 15,007 | 0 |
| 31 Dec 22 | 28,473 | 941 | 14,280 | 0 |
| 30 Sep 22 | 30,601 | 3,266 | 13,816 | 0 |
| 30 Jun 22 | 29,540 | 3,489 | 13,281 | 0 |
| 31 Mar 22 | 29,024 | 3,109 | 13,140 | 0 |
| 31 Dec 21 | 28,414 | 3,173 | 12,938 | 0 |
| 30 Sep 21 | 28,133 | 2,449 | 12,788 | 0 |
| 30 Jun 21 | 27,551 | 2,438 | 12,904 | 0 |
| 31 Mar 21 | 26,175 | 2,302 | 12,683 | 0 |
| 31 Dec 20 | 25,464 | 2,086 | 12,512 | 0 |
| 30 Sep 20 | 23,238 | 3,475 | 12,457 | 0 |
| 30 Jun 20 | 22,720 | 3,446 | 12,000 | 0 |
| 31 Mar 20 | 22,038 | 3,424 | 11,797 | 0 |
| 31 Dec 19 | 21,081 | 3,383 | 11,395 | 0 |
| 30 Sep 19 | 12,661 | -6,814 | 11,277 | 0 |
| 30 Jun 19 | 12,434 | -7,221 | 11,514 | 0 |
| 31 Mar 19 | 12,807 | -7,677 | 11,723 | 0 |
| 31 Dec 18 | 13,159 | -7,695 | 12,051 | 0 |
| 30 Sep 18 | 21,411 | -16,765 | 12,284 | 0 |
| 30 Jun 18 | 23,084 | -16,521 | 12,693 | 0 |
| 31 Mar 18 | 24,695 | -15,933 | 13,427 | 0 |
| 31 Dec 17 | 26,690 | -14,918 | 12,946 | 0 |
| 30 Sep 17 | 26,700 | 1,206 | 13,305 | 0 |
| 30 Jun 17 | 26,968 | 1,926 | 12,171 | 0 |
| 31 Mar 17 | 27,556 | 2,673 | 12,844 | 0 |
| 31 Dec 16 | 28,163 | 2,184 | 13,955 | 0 |
| 30 Sep 16 | 21,079 | -1,198 | 12,728 | 0 |
| 30 Jun 16 | 23,299 | -855 | 14,448 | 0 |
| 31 Mar 16 | 27,455 | 2,037 | 14,079 | 0 |
| 31 Dec 15 | 31,433 | 4,689 | 14,709 | 0 |
| 30 Sep 15 | 42,781 | 8,948 | 16,950 | 0 |
| 30 Jun 15 | 44,696 | 11,481 | 16,985 | 0 |
| 31 Mar 15 | 44,604 | 11,646 | 16,933 | 0 |
| 31 Dec 14 | 42,514 | 10,692 | 16,755 | 0 |
| 30 Sep 14 | 23,649 | -12,678 | 16,843 | 0 |
| 30 Jun 14 | 20,755 | -19,176 | 16,950 | 0 |
| 31 Mar 14 | 18,795 | -22,035 | 17,315 | 0 |
| 31 Dec 13 | 18,756 | -22,582 | 18,771 | 0 |
| 30 Sep 13 | 38,433 | 4,132 | 17,965 | 0 |
Quality Earnings: UNITYBNK is currently unprofitable.
Growing Profit Margin: UNITYBNK is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: UNITYBNK is unprofitable, and losses have increased over the past 5 years at a rate of 26.8% per year.
Accelerating Growth: Unable to compare UNITYBNK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: UNITYBNK is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (128.4%).
Return on Equity
High ROE: UNITYBNK's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.