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UNTY

Unity Bancorp NasdaqGM:UNTY Stock Report

Last Price

US$28.51

Market Cap

US$300.6m

7D

0.4%

1Y

11.7%

Updated

30 Nov, 2022

Data

Company Financials +
UNTY fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends5/6

UNTY Stock Overview

Unity Bancorp, Inc. operates as the holding company for Unity Bank that provides commercial and retail banking products and services to individuals, small and medium sized businesses, and professional communities.

Unity Bancorp, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Unity Bancorp
Historical stock prices
Current Share PriceUS$28.51
52 Week HighUS$31.37
52 Week LowUS$24.53
Beta1.06
1 Month Change-0.52%
3 Month Change3.34%
1 Year Change11.67%
3 Year Change27.68%
5 Year Change40.79%
Change since IPO491.00%

Recent News & Updates

Unity Bancorp (NASDAQ:UNTY) Has Announced A Dividend Of $0.11

Nov 22
Unity Bancorp (NASDAQ:UNTY) Has Announced A Dividend Of $0.11

Recent updates

Unity Bancorp (NASDAQ:UNTY) Has Announced A Dividend Of $0.11

Nov 22
Unity Bancorp (NASDAQ:UNTY) Has Announced A Dividend Of $0.11

Unity Bancorp (NASDAQ:UNTY) Has Announced That It Will Be Increasing Its Dividend To US$0.11

Jun 05
Unity Bancorp (NASDAQ:UNTY) Has Announced That It Will Be Increasing Its Dividend To US$0.11

Unity Bancorp's (NASDAQ:UNTY) Dividend Will Be Increased To US$0.11

May 12
Unity Bancorp's (NASDAQ:UNTY) Dividend Will Be Increased To US$0.11

Unity Bancorp (NASDAQ:UNTY) Has Affirmed Its Dividend Of US$0.09

Aug 29
Unity Bancorp (NASDAQ:UNTY) Has Affirmed Its Dividend Of US$0.09

Increases to CEO Compensation Might Be Put On Hold For Now at Unity Bancorp, Inc. (NASDAQ:UNTY)

May 07
Increases to CEO Compensation Might Be Put On Hold For Now at Unity Bancorp, Inc. (NASDAQ:UNTY)

What Makes Unity Bancorp, Inc. (NASDAQ:UNTY) A Great Dividend Stock?

Apr 13
What Makes Unity Bancorp, Inc. (NASDAQ:UNTY) A Great Dividend Stock?

Unity Bancorp (NASDAQ:UNTY) Could Be A Buy For Its Upcoming Dividend

Mar 06
Unity Bancorp (NASDAQ:UNTY) Could Be A Buy For Its Upcoming Dividend

Do Institutions Own Unity Bancorp, Inc. (NASDAQ:UNTY) Shares?

Feb 19
Do Institutions Own Unity Bancorp, Inc. (NASDAQ:UNTY) Shares?

There's A Lot To Like About Unity Bancorp's (NASDAQ:UNTY) Upcoming US$0.08 Dividend

Dec 11
There's A Lot To Like About Unity Bancorp's (NASDAQ:UNTY) Upcoming US$0.08 Dividend

Is Unity Bancorp, Inc. (NASDAQ:UNTY) An Attractive Dividend Stock?

Nov 23
Is Unity Bancorp, Inc. (NASDAQ:UNTY) An Attractive Dividend Stock?

Shareholder Returns

UNTYUS BanksUS Market
7D0.4%1.0%1.5%
1Y11.7%-10.8%-14.8%

Return vs Industry: UNTY exceeded the US Banks industry which returned -13.2% over the past year.

Return vs Market: UNTY exceeded the US Market which returned -18.9% over the past year.

Price Volatility

Is UNTY's price volatile compared to industry and market?
UNTY volatility
UNTY Average Weekly Movement3.0%
Banks Industry Average Movement4.0%
Market Average Movement7.4%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.3%

Stable Share Price: UNTY is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: UNTY's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991211Jim Hugheshttps://www.unitybank.com

Unity Bancorp, Inc. operates as the holding company for Unity Bank that provides commercial and retail banking products and services to individuals, small and medium sized businesses, and professional communities. The company offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts, as well as noninterest and interest-bearing demand deposits. It also provides small business administration loans; commercial loans; and residential mortgage and consumer loans, including residential real estate, home equity lines and loans, and residential construction lines, as well as personal loans.

Unity Bancorp, Inc. Fundamentals Summary

How do Unity Bancorp's earnings and revenue compare to its market cap?
UNTY fundamental statistics
Market CapUS$300.65m
Earnings (TTM)US$38.25m
Revenue (TTM)US$92.76m

7.9x

P/E Ratio

1.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
UNTY income statement (TTM)
RevenueUS$92.76m
Cost of RevenueUS$0
Gross ProfitUS$92.76m
Other ExpensesUS$54.52m
EarningsUS$38.25m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.63
Gross Margin100.00%
Net Profit Margin41.23%
Debt/Equity Ratio126.1%

How did UNTY perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

11%

Payout Ratio

Does UNTY pay a reliable dividends?

See UNTY dividend history and benchmarks
When do you need to buy UNTY by to receive an upcoming dividend?
Unity Bancorp dividend dates
Ex Dividend DateDec 15 2022
Dividend Pay DateDec 30 2022
Days until Ex dividend13 days
Days until Dividend pay date28 days

Does UNTY pay a reliable dividends?

See UNTY dividend history and benchmarks