UNTY Stock Overview

Operates as the bank holding company for Unity Bank that provides commercial and retail banking services. More details

UNTY fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	3/6
Past Performance	4/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 69.5% below our estimate of its fair value

Earnings are forecast to grow 14.23% per year

Earnings grew by 11.4% over the past year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 25%

Risk Analysis

Significant insider selling over the past 3 months

Unity Bancorp, Inc. Competitors

ACNB

NasdaqCM:ACNB

US$428.4m

Northrim BanCorp

NasdaqGS:NRIM

US$402.3m

First Business Financial Services

NasdaqGS:FBIZ

US$393.1m

CNB Financial

NasdaqGS:CCNE

US$444.5m

Price History & Performance

Summary of share price highs, lows and changes for Unity Bancorp
Historical stock prices
Current Share Price	US$41.32
52 Week High	US$51.22
52 Week Low	US$25.60
Beta	0.81
1 Month Change	-1.95%
3 Month Change	-14.65%
1 Year Change	50.20%
3 Year Change	42.19%
5 Year Change	195.78%
Change since IPO	756.54%

Recent updates

Unity Bancorp: Quality At A Decent Price

Apr 19

Unity Bancorp's (NASDAQ:UNTY) Upcoming Dividend Will Be Larger Than Last Year's

Mar 03

Do Unity Bancorp's (NASDAQ:UNTY) Earnings Warrant Your Attention?

Jan 17

Unity Bancorp: Respectable Quarter To Kick Off Regional Bank Earnings Season

Apr 12

Unity Bancorp's (NASDAQ:UNTY) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 27

Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12

Dec 13

Unity Bancorp (NASDAQ:UNTY) Is Paying Out A Dividend Of $0.12

Nov 21

With EPS Growth And More, Unity Bancorp (NASDAQ:UNTY) Makes An Interesting Case

Nov 04

Unity Bancorp (NASDAQ:UNTY) Has Announced A Dividend Of $0.12

Sep 05

Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12

Aug 22

Do Unity Bancorp's (NASDAQ:UNTY) Earnings Warrant Your Attention?

Jul 18

Unity Bancorp (NASDAQ:UNTY) Will Pay A Larger Dividend Than Last Year At $0.12

May 29

Unity Bancorp (NASDAQ:UNTY) Is Increasing Its Dividend To $0.12

Feb 21

Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.11

Dec 09

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

Nov 22

Unity Bancorp GAAP EPS of $0.93

Oct 14

Unity Bancorp: Attractively Valued With A Positive Outlook For Topline Growth

Sep 26

Unity Bancorp declares $0.11 dividend

Aug 25

Unity Bancorp added to US Small-Cap Russell 2000 Index

Jul 12

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

Jun 05

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

May 12

Unity Bancorp: A Local New Jersey Bank Trading At Just 9 Times Earnings

Mar 25

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

Aug 29

Shareholder Returns

	UNTY	US Banks	US Market
7D	3.7%	1.7%	-1.1%
1Y	50.2%	10.4%	5.9%

Return vs Industry: UNTY exceeded the US Banks industry which returned 10.4% over the past year.

Return vs Market: UNTY exceeded the US Market which returned 5.9% over the past year.

Price Volatility

Is UNTY's price volatile compared to industry and market?
UNTY volatility
UNTY Average Weekly Movement	4.5%
Banks Industry Average Movement	4.6%
Market Average Movement	7.7%
10% most volatile stocks in US Market	16.7%
10% least volatile stocks in US Market	4.1%

Stable Share Price: UNTY has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: UNTY's weekly volatility (5%) has been stable over the past year.

Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

About the Company

Founded	Employees	CEO	Website
1991	227	Jim Hughes	www.unitybank.com

Unity Bancorp, Inc. operates as the bank holding company for Unity Bank that provides commercial and retail banking services. It offers personal and business checking, money market, savings, and retirement accounts, as well as time and noninterest and interest-bearing demand deposits. The company also provides commercial, small business administration, consumer, mortgage, and home equity and personal loans; and owner and non-owner-occupied commercial mortgages.

Unity Bancorp, Inc. Fundamentals Summary

How do Unity Bancorp's earnings and revenue compare to its market cap?
UNTY fundamental statistics
Market cap	US$416.34m
Earnings (TTM)	US$43.46m
Revenue (TTM)	US$106.25m

9.6x

P/E Ratio

1.4x

P/B Ratio

Is UNTY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
UNTY income statement (TTM)
Revenue	US$106.25m
Cost of Revenue	US$0
Gross Profit	US$106.25m
Other Expenses	US$62.79m
Earnings	US$43.46m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	4.31
Gross Margin	100.00%
Net Profit Margin	40.91%
Debt/Equity Ratio	82.8%

How did UNTY perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

12%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/21 07:37
End of Day Share Price	2025/04/17 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Unity Bancorp, Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Erik Zwick	Boenning & Scattergood, Inc.
null null	D.A. Davidson & Co.
Jacob Civiello	Janney Montgomery Scott LLC

UNTY Stock Overview

Rewards

Risk Analysis

Unity Bancorp, Inc. Competitors

NasdaqCM:ACNB

US$428.4m

NasdaqGS:NRIM

US$402.3m

NasdaqGS:FBIZ

US$393.1m

NasdaqGS:CCNE

US$444.5m

Price History & Performance

Recent News & Updates

Unity Bancorp: Quality At A Decent Price

Unity Bancorp, Inc., Annual General Meeting, Apr 24, 2025

Unity Bancorp's (NASDAQ:UNTY) Upcoming Dividend Will Be Larger Than Last Year's

Unity Bancorp, Inc. and Unity Bank Announces Resignation of Board Member Donald E. Souders, Jr

Unity Bancorp, Inc. Increases First Quarter Cash Dividend, Payable on March 28, 2025

Do Unity Bancorp's (NASDAQ:UNTY) Earnings Warrant Your Attention?

Recent updates

Unity Bancorp: Quality At A Decent Price

Unity Bancorp, Inc., Annual General Meeting, Apr 24, 2025

Unity Bancorp's (NASDAQ:UNTY) Upcoming Dividend Will Be Larger Than Last Year's

Unity Bancorp, Inc. and Unity Bank Announces Resignation of Board Member Donald E. Souders, Jr

Unity Bancorp, Inc. Increases First Quarter Cash Dividend, Payable on March 28, 2025

Do Unity Bancorp's (NASDAQ:UNTY) Earnings Warrant Your Attention?

Unity Bancorp Inc. Declares Cash Dividend, Payable on December 31, 2024

Unity Bancorp Inc. Declares Cash Dividend, Payable on September 20, 2024

First quarter dividend of US$0.13 announced

Unity Bancorp, Inc. Declares Cash Dividend, Payable on June 21, 2024

First quarter 2024 earnings: EPS exceeds analyst expectations

Insider recently sold US$71k worth of stock

Insider notifies of intention to sell stock

First quarter 2024 earnings released: EPS: US$0.95 (vs US$0.98 in 1Q 2023)

Unity Bancorp: Respectable Quarter To Kick Off Regional Bank Earnings Season

Unity Bancorp, Inc., Annual General Meeting, Apr 25, 2024

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of US$0.13 per share

Unity Bancorp's (NASDAQ:UNTY) Shareholders Will Receive A Bigger Dividend Than Last Year

Fourth quarter dividend increased to US$0.13

Unity Bancorp, Inc. Declares Cash Dividend for the First Quarter of 2024, Payable on March 29, 2024

Independent Director notifies of intention to sell stock

Price target increased by 8.7% to US$33.33

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 8.9% to US$32.67

Independent Director exercised options to buy US$126k worth of stock.

Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12

Independent Director notifies of intention to sell stock

Upcoming dividend of US$0.12 per share at 1.8% yield

Unity Bancorp (NASDAQ:UNTY) Is Paying Out A Dividend Of $0.12

Unity Bancorp, Inc. Declares Cash Dividend, Payable on December 29, 2023

With EPS Growth And More, Unity Bancorp (NASDAQ:UNTY) Makes An Interesting Case

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Independent Director exercised options to buy US$139k worth of stock.

Unity Bancorp (NASDAQ:UNTY) Has Announced A Dividend Of $0.12

Upcoming dividend of US$0.12 per share at 2.0% yield

Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12

Unity Bancorp, Inc. Declares Cash Dividend, Payable on September 22, 2023

Do Unity Bancorp's (NASDAQ:UNTY) Earnings Warrant Your Attention?

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Unity Bancorp, Inc. Appoints Daniel Sharabba as Svp/Senior Retail Officer

Insider notifies of intention to sell stock

New minor risk - Insider selling

Independent Director notifies of intention to sell stock

Upcoming dividend of US$0.12 per share at 2.1% yield

Unity Bancorp (NASDAQ:UNTY) Will Pay A Larger Dividend Than Last Year At $0.12

Unity Bancorp, Inc. Announces Resignation of Janice Bolomey as Executive Vice President, Director of Sales and Chief Administrative Officer, Effective June 30, 2023

Price target decreased by 8.1% to US$28.50

Price target decreased by 10% to US$29.33

Founder & Chairman of the Board recently bought US$245k worth of stock

Full year 2022 earnings: EPS misses analyst expectations

Upcoming dividend of US$0.12 per share at 1.8% yield

Unity Bancorp (NASDAQ:UNTY) Is Increasing Its Dividend To $0.12

Independent Director notifies of intention to sell stock

Unity Bancorp Announces Increase in First Quarter Dividend, Payable on March 24, 2023

Insider exercised options and sold US$95k worth of stock

Full year 2022 earnings released: EPS: US$3.66 (vs US$3.47 in FY 2021)

Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.11

Upcoming dividend of US$0.11 per share