Unity Bancorp, Inc.

NasdaqGM:UNTY Stok Raporu

Piyasa değeri: US$538.6m

Unity Bancorp Yönetim

Yönetim kriter kontrolleri 4/4

Unity Bancorp CEO'su Jim Hughes, Dec2003 tarihinde atandı, in görev süresi 22.42 yıldır. in toplam yıllık tazminatı $ 2.70M olup, şirket hissesi ve opsiyonları dahil olmak üzere 30.5% maaş ve 69.5% ikramiyelerden oluşmaktadır. şirketin hisselerinin 1.82% ine doğrudan sahiptir ve bu hisseler $ 9.82M değerindedir. Yönetim ekibinin ve yönetim kurulunun ortalama görev süresi sırasıyla 2.9 yıl ve 21.9 yıldır.

Anahtar bilgiler

Jim Hughes

İcra Kurulu Başkanı

US$2.7m

Toplam tazminat

CEO maaş yüzdesi30.51%
CEO görev süresi22.4yrs
CEO sahipliği1.8%
Yönetim ortalama görev süresi2.9yrs
Yönetim Kurulu ortalama görev süresi21.9yrs

Son yönetim güncellemeleri

Recent updates

Seeking Alpha • Apr 01

Unity Bancorp Stands Out From The Small-Cap Crowd

Summary Unity Bancorp (UNTY) is rated Buy ahead of Q1 2026 earnings, reflecting sector-driven weakness despite strong company fundamentals. UNTY delivered nearly 40% EPS growth in FY 2025, with robust operational metrics that included a Q4 NIM of 4.60% and ROE of 18%. Non-accrual assets doubled year-over-year, driven by one large commercial mortgage, but management expects minimal loss and close monitoring continues. Dividend growth remains strong, with 12 consecutive years of increases and a recent 25% hike, reinforcing capital return discipline. Read the full article on Seeking Alpha
Analiz Makalesi • Oct 18

Results: Unity Bancorp, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Unity Bancorp, Inc. ( NASDAQ:UNTY ) investors will be delighted, with the company turning in some strong numbers with...
Analiz Makalesi • Aug 25

Unity Bancorp (NASDAQ:UNTY) Is Paying Out A Larger Dividend Than Last Year

Unity Bancorp, Inc. ( NASDAQ:UNTY ) has announced that it will be increasing its dividend from last year's comparable...
Seeking Alpha • Apr 19

Unity Bancorp: Quality At A Decent Price

Summary Unity Bancorp, a small New Jersey-based bank with a market cap of $401.7 million, shows consistent growth and high asset quality, making it a compelling buy. Despite higher price-to-book ratios, Unity Bancorp's low price-to-earnings multiple and strong return on assets (1.68%) and equity (14.99%) justify its valuation. The bank's deposits grew impressively from $1.79 billion to $2.10 billion from 2022 to 2024, with minimal reliance on brokered deposits. Net interest income increased from $85.8 million to $94.7 million over three years, despite a slight decline in net interest margin, showcasing resilient profitability. Read the full article on Seeking Alpha
Analiz Makalesi • Mar 03

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

Unity Bancorp, Inc.'s ( NASDAQ:UNTY ) periodic dividend will be increasing on the 28th of March to $0.14, with...
Analiz Makalesi • Jan 17

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

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Seeking Alpha • Apr 12

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

Summary Unity Bancorp, Inc. reported mixed but strong Q1 earnings, with revenues improving due to loan growth. Net interest margin declined due to higher rates on deposits, but loan quality remains steady. Nonperforming assets decrease quarter-over-quarter, and return metrics remain solid. Overall, regional bank performance is expected to be mixed in Q1. Read the full article on Seeking Alpha
Analiz Makalesi • Feb 27

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

Unity Bancorp, Inc. ( NASDAQ:UNTY ) has announced that it will be increasing its periodic dividend on the 29th of March...
Analiz Makalesi • Dec 13

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

Unity Bancorp, Inc.'s ( NASDAQ:UNTY ) investors are due to receive a payment of $0.12 per share on 29th of December...
Analiz Makalesi • Nov 21

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

The board of Unity Bancorp, Inc. ( NASDAQ:UNTY ) has announced that it will pay a dividend on the 29th of December...
Analiz Makalesi • Nov 04

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

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analiz Makalesi • Sep 05

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

Unity Bancorp, Inc.'s ( NASDAQ:UNTY ) investors are due to receive a payment of $0.12 per share on 22nd of September...
Analiz Makalesi • Aug 22

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

Unity Bancorp, Inc. ( NASDAQ:UNTY ) will pay a dividend of $0.12 on the 22nd of September. This payment means the...
Analiz Makalesi • Jul 18

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

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analiz Makalesi • May 29

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

Unity Bancorp, Inc. ( NASDAQ:UNTY ) has announced that it will be increasing its dividend from last year's comparable...
Analiz Makalesi • Feb 21

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

Unity Bancorp, Inc.'s ( NASDAQ:UNTY ) dividend will be increasing from last year's payment of the same period to $0.12...
Analiz Makalesi • Dec 09

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

The board of Unity Bancorp, Inc. ( NASDAQ:UNTY ) has announced that it will pay a dividend of $0.11 per share on the...
Analiz Makalesi • Nov 22

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

Unity Bancorp, Inc. ( NASDAQ:UNTY ) will pay a dividend of $0.11 on the 30th of December. This payment means the...
Seeking Alpha • Oct 14

Unity Bancorp GAAP EPS of $0.93

Unity Bancorp press release (NASDAQ:UNTY): Q3 GAAP EPS of $0.93.
Seeking Alpha • Sep 26

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

Summary Job markets will likely sustain loan growth. However, growth will most probably decline from the second quarter’s unsustainable level. The margin will likely be less rate-sensitive in the future as deposits will take a lagged hit from interest rate hikes. High inflation will likely worsen the credit quality, leading to higher provisions. The December 2022 target price suggests a high upside from the current market price. Further, UNTY is offering a low dividend yield. The earnings of Unity Bancorp, Inc. (UNTY) will most probably surge this year on the back of moderately high loan growth. Further, the top line will benefit from a rising rate environment. On the other hand, inflation-driven provision expenses will restrict earnings growth. Overall, I'm expecting Unity Bancorp to report earnings of $3.66 per share for 2022, up 7% year-over-year. Compared to my last report on the company, I've increased my earnings estimate because I've revised upwards both the loan growth and margin estimates. For 2023, I'm expecting earnings to increase by a further 7% to $3.92 per share. The year-end target price suggests a high upside from the current market price. Therefore, I'm maintaining a buy rating on Unity Bancorp. Strong Job Markets to Keep Loan Growth from Slowing Down too Much Like many peer banks, Unity Bancorp’s loan growth during the second quarter of 2022 was exceptionally high. The portfolio grew by 5.9% during the quarter, or 24% annualized, which beat my expectations. The high growth was partly attributable to borrowers pulling their borrowing requirements to an earlier time to lock in rates before they increase too much. Such preemptive borrowing will make loan growth significantly slow down in future quarters. Nevertheless, I’m optimistic about loan growth because of strong job markets. Unity Bancorp serves businesses and individuals across New Jersey and some parts of Pennsylvania. Further, the loan portfolio is well diversified across segments ranging from commercial real estate loans to residential mortgages. Therefore, broad-based, state-wide economic metrics are appropriate gauges of Unity Bancorp’s product demand. The states’ unemployment rates continue to remain near record lows from a historical perspective, which bodes well for loan growth. Data by YCharts Further, the coincident indices show a satisfactory level of economic activity. Data by YCharts Considering these factors, I'm expecting the portfolio to grow by 2% every quarter till the end of 2023. This will lead to loan growth of 13.7% for 2022. In my last report on Unity Bancorp, I estimated loan growth of 11.1% for 2022. I've increased my loan growth estimate mostly because of the second quarter's outstanding performance. Meanwhile, I'm expecting deposits to mostly grow in line with loans. The following table shows my balance sheet estimates. FY18 FY19 FY20 FY21 FY22E FY23E Financial Position Net Loans 1,289 1,409 1,605 1,627 1,851 2,003 Growth of Net Loans 11.4% 9.3% 13.9% 1.4% 13.7% 8.2% Other Earning Assets 189 203 244 298 227 232 Deposits 1,208 1,250 1,558 1,759 1,767 1,912 Borrowings and Sub-Debt 220 293 210 50 177 181 Common equity 138 161 174 206 239 276 Book Value Per Share ($) 12.7 14.6 16.1 19.5 22.3 25.8 Tangible BVPS ($) 12.5 14.4 15.9 19.4 22.2 25.6 Source: SEC Filings, Author's Estimates (In USD million unless otherwise specified) Margin’s Rate-Sensitivity to Fall Unity Bancorp’s net interest margin grew by 28 basis points in the second quarter, which is higher than what I anticipated. Looking at the movement in asset yields and the cost of the funds given in the 10-Q filing, it’s apparent that the management was successful in holding down deposit costs even as interest rates increased. This success is unsustainable as the management cannot postpone passing on the impact of higher interest rates to depositors forever. If it holds the rates on deposits any longer then it will start losing its depositors to other banks. Therefore, the deposit beta (rate-sensitivity) is bound to increase in the second half of this year. As a result, I’m expecting the margin’s rate sensitivity to be lower in the third and fourth quarters of this year compared to the second quarter. I'm expecting the Fed Funds rate to increase by 150 basis points till the end of 2023 from the current level of 3.25%. Considering these factors, I'm expecting the margin to grow by 20 basis points in the second half of 2022 and a further five basis points in 2023. Compared to my last report on Unity Bancorp, I've increased my margin estimate as my interest rate outlook is now more hawkish than before. Provision Normalization Ahead Unity Bancorp reported above-average provisioning for the second quarter of 2022, in tandem with the outstanding loan growth. Allowances were 1.27% of total loans, while non-performing loans were 0.43% of total loans at the end of June 2022. This coverage seems barely comfortable considering the prolonged high-interest-rate environment that will soon start affecting the solvency of many already-stretched borrowers. Therefore, I’m expecting inflation to pressurize provisioning for expected loan losses in the coming quarters. However, as I'm expecting loan additions to decline from the second quarter’s level, the provisioning will also be lower than in the second quarter. Further, around 94% of the company’s loan portfolio was backed by real estate at the end of June 2022, as mentioned in the 10-Q Filing. This collateral makes the overall portfolio’s credit risk low. Overall, I'm expecting normalized provisioning in every quarter till the end of 2023. I'm expecting the net provision expense to make up around 0.18% of total loans annualized till the end of next year, which is the same as the average for the last five years. Expecting Earnings to Grow by 7% The anticipated loan additions and margin expansion will drive earnings growth in the next year and a half. On the other hand, normalization of provisioning will likely restrict earnings growth. Further, earnings will suffer this year because of a decline in mortgage income from refinancing activity. Mortgage refinancing activity had been elevated in the last two years because of the interest rate cuts and is likely to return to a normal level this year. Overall, I'm expecting Unity Bancorp to report earnings of $3.66 per share for 2022, up 7% year-over-year. For 2023, I’m expecting earnings to grow by a further 7% to $3.92 per share. The following table shows my income statement estimates. FY18 FY19 FY20 FY21 FY22E FY23E Income Statement Net interest income 54 58 64 77 89 100 Provision for loan losses 2 2 7 0 3 4 Non-interest income 9 10 13 12 10 9 Non-interest expense 33 35 39 41 44 49 Net income - Common Sh. 22 24 24 36 39 42 EPS - Diluted ($) 2.01 2.14 2.19 3.43 3.66 3.92 Source: SEC Filings, Earnings Releases, Author's Estimates (In USD million unless otherwise specified) In my last report on Unity Bancorp, I estimated earnings of $3.44 per share for 2022. I've increased my earnings estimate mostly because I've revised upwards both my loan growth and margin estimates.
Seeking Alpha • Aug 25

Unity Bancorp declares $0.11 dividend

Unity Bancorp (NASDAQ:UNTY) declares $0.11/share quarterly dividend, in line with previous. Forward yield 1.52% Payable Sept. 23; for shareholders of record Sept. 9; ex-div Sept. 8. See UNTY Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Jul 12

Unity Bancorp added to US Small-Cap Russell 2000 Index

Unity Bancorp (NASDAQ:UNTY) parent company of Unity Bank, was added as a member of the U.S. small-cap Russell 2000 Index. The Russell 2000 membership became effective on June 27th, as part of the 2022 Russell indexes reconstitution. Unity holds ~$2.1B in assets and $1.8Bn in deposits.
Analiz Makalesi • Jun 05

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

Unity Bancorp, Inc. ( NASDAQ:UNTY ) has announced that it will be increasing its dividend on the 24th of June to...
Analiz Makalesi • May 12

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

The board of Unity Bancorp, Inc. ( NASDAQ:UNTY ) has announced that it will be increasing its dividend on the 24th of...
Seeking Alpha • Mar 25

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

Unity Bancorp is active in New Jersey where it operates just a handful of branches. The bank's net income in 2021 was exceptionally high, thanks to the lack of loan loss provisions. UNTY retains the majority of its earnings on its balance sheet, which allows it to expand its loan book. The stock is trading at about 1.4 times its book value, but due to the low payout ratio, the book value increases fast.

CEO Tazminat Analizi

Jim Hughes'un ücretlendirmesi Unity Bancorp'un kazancına kıyasla nasıl değişti?
TarihToplam TazminatMaaşŞirket Kazançları
Mar 31 2026n/an/a

US$61m

Dec 31 2025US$3mUS$825k

US$58m

Sep 30 2025n/an/a

US$54m

Jun 30 2025n/an/a

US$50m

Mar 31 2025n/an/a

US$43m

Dec 31 2024US$3mUS$764k

US$41m

Sep 30 2024n/an/a

US$40m

Jun 30 2024n/an/a

US$39m

Mar 31 2024n/an/a

US$39m

Dec 31 2023US$2mUS$735k

US$40m

Sep 30 2023n/an/a

US$40m

Jun 30 2023n/an/a

US$40m

Mar 31 2023n/an/a

US$40m

Dec 31 2022US$2mUS$700k

US$38m

Sep 30 2022n/an/a

US$38m

Jun 30 2022n/an/a

US$38m

Mar 31 2022n/an/a

US$37m

Dec 31 2021US$2mUS$600k

US$36m

Sep 30 2021n/an/a

US$34m

Jun 30 2021n/an/a

US$30m

Mar 31 2021n/an/a

US$27m

Dec 31 2020US$1mUS$567k

US$24m

Sep 30 2020n/an/a

US$22m

Jun 30 2020n/an/a

US$23m

Mar 31 2020n/an/a

US$23m

Dec 31 2019US$2mUS$551k

US$24m

Tazminat ve Piyasa: Jim 'ın toplam tazminatı ($USD 2.70M ) US pazarındaki benzer büyüklükteki şirketler için ortalamadır ($USD 2.54M ).

Tazminat ve Kazançlar: Jim 'in tazminatı, şirketin son bir yıldaki performansıyla tutarlıydı.

CEO

Jim Hughes (66 yo)

22.4yrs
Görev süresi
US$2,703,888
Tazminat

Mr. James A. Hughes also known as Jim, C.P.A serves as Chief Executive Officer and Executive Vice President at Unity Bancorp, Inc. and has been its Director since 2002. He serves as Chief Executive Officer...

Liderlik Ekibi

İsimPozisyonGörev süresiTazminatSahiplik
David Dallas
Founder & Chairman of the Board35.3yrsUS$140.86k0.46%
$ 2.5m
James Hughes
CEO, Executive VP & Director22.4yrsUS$2.70m1.82%
$ 9.8m
George Boyan
President & Directorless than a yearUS$1.40m0.60%
$ 3.2m
Robert Dallas
Founder & Directorno dataUS$130.66k0.37%
$ 2.0m
Vincent Geraci
First Senior VP & Director of Mortgage Lendingno dataUS$788.26k0.086%
$ 465.8k
Daniel Sharabba
Senior VP & Chief Retail Officer2.9yrsUS$471.90k0.060%
$ 322.2k
James Donovan
First Senior VP & Chief Lending Officer4.3yrsUS$524.11k0.052%
$ 278.9k
James Davies
First SVPless than a yearUS$315.79k0.061%
$ 329.0k
David Bove
Senior VP & Chief Information Officerno dataVeri yok0.16%
$ 872.3k
Christopher Fenimore
First VP & Chief Compliance Officerno dataVeri yokVeri yok
Crystal Rose
First VP & Marketing Directorno dataVeri yokVeri yok
Rosemary Fellner
Senior VP & Chief Experience Officerno dataVeri yokVeri yok
2.9yrs
Ortalama Görev Süresi
57yo
Ortalama Yaş

Deneyimli Yönetim: UNTY 'un yönetim ekibi deneyimli olarak değerlendirilmektedir (ortalama görev süresi 2.9 yıldır).

Yönetim Kurulu Üyeleri

İsimPozisyonGörev süresiTazminatSahiplik
David Dallas
Founder & Chairman of the Board35.3yrsUS$140.86k0.46%
$ 2.5m
James Hughes
CEO, Executive VP & Director24.3yrsUS$2.70m1.82%
$ 9.8m
George Boyan
President & Directorless than a yearUS$1.40m0.60%
$ 3.2m
Robert Dallas
Founder & Director35.3yrsUS$130.66k0.37%
$ 2.0m
Peter Maricondo
Independent Director21.8yrsUS$133.16k0.49%
$ 2.6m
Mark Brody
Independent Director24.3yrsUS$132.16k2.62%
$ 14.1m
Wayne Courtright
Independent Director21.9yrsUS$140.06k1.22%
$ 6.6m
Raj Patel
Independent Director17.6yrsUS$131.16k0.59%
$ 3.2m
Mary Gross
Independent Director15.3yrsUS$130.56k0.22%
$ 1.2m
Aaron Tucker
Independent Vice Chairman11yrsUS$130.16k0.70%
$ 3.8m
21.9yrs
Ortalama Görev Süresi
70yo
Ortalama Yaş

Deneyimli Yönetim Kurulu: UNTY 'in yönetim kurulu deneyimli ve tecrübelidir (ortalama görev süresi 21.9 yıldır).

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2026/05/11 11:12
Gün Sonu Hisse Fiyatı2026/05/11 00:00
Kazançlar2026/03/31
Yıllık Kazançlar2025/12/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntılarına GitHub sayfamızdan ulaşabilirsiniz, ayrıca raporlarımızı nasıl kullanacağınızı anlatan kılavuzlarımız ve Youtube'da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan dünya standartlarındaki ekip hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

Unity Bancorp, Inc. 5 Bu analistlerden 3, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

AnalistKurum
Christopher MarinacBrean Capital Historical (Janney Montgomery)
null nullD.A. Davidson & Co.
David KonradKeefe, Bruyette, & Woods