UNTY Stock Overview
Operates as a bank holding company for Unity Bank that provides range of commercial and retail banking services to individuals, small and medium sized businesses, and professional communities.
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
Unity Bancorp, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$27.62 |
| 52 Week High | US$30.70 |
| 52 Week Low | US$22.49 |
| Beta | 1.05 |
| 1 Month Change | 0.40% |
| 3 Month Change | 0.80% |
| 1 Year Change | 21.67% |
| 3 Year Change | 14.94% |
| 5 Year Change | 37.34% |
| Change since IPO | 472.55% |
Recent News & 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 27
Unity 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 29Shareholder Returns
| UNTY | US Banks | US Market | |
|---|---|---|---|
| 7D | 0.07% | 0.2% | 1.2% |
| 1Y | 21.7% | 36.8% | 27.7% |
Return vs Industry: UNTY underperformed the US Banks industry which returned 36.8% over the past year.
Return vs Market: UNTY underperformed the US Market which returned 27.7% over the past year.
Price Volatility
| UNTY volatility | |
|---|---|
| UNTY Average Weekly Movement | 4.5% |
| Banks Industry Average Movement | 3.9% |
| Market Average Movement | 5.9% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: UNTY has not had significant price volatility in the past 3 months.
Volatility Over Time: UNTY's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | 232 | Jim Hughes | www.unitybank.com |
Unity Bancorp, Inc. operates as a bank holding company for Unity Bank that provides range of commercial and retail banking services to individuals, small and medium sized businesses, and professional communities. It offers personal and business checking accounts, time deposits, money market accounts, savings accounts, and retirement accounts, as well as noninterest and interest-bearing demand deposits. The company 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
| UNTY fundamental statistics | |
|---|---|
| Market cap | US$276.08m |
| Earnings (TTM) | US$39.01m |
| Revenue (TTM) | US$99.67m |
7.1x
P/E Ratio1.0x
P/B RatioIs UNTY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| UNTY income statement (TTM) | |
|---|---|
| Revenue | US$99.67m |
| Cost of Revenue | US$0 |
| Gross Profit | US$99.67m |
| Other Expenses | US$60.66m |
| Earnings | US$39.01m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.89 |
| Gross Margin | 100.00% |
| Net Profit Margin | 39.14% |
| Debt/Equity Ratio | 116.1% |
How did UNTY perform over the long term?
See historical performance and comparisonDividends
1.9%
Current Dividend Yield13%
Payout RatioDoes UNTY pay a reliable dividends?
See UNTY dividend history and benchmarks| Unity Bancorp dividend dates | |
|---|---|
| Ex Dividend Date | Jun 07 2024 |
| Dividend Pay Date | Jun 21 2024 |
| Days until Ex dividend | 15 days |
| Days until Dividend pay date | 29 days |
Does UNTY pay a reliable dividends?
See UNTY dividend history and benchmarks