See more : Zhejiang Century Huatong Group Co.,Ltd (002602.SZ) Income Statement Analysis – Financial Results
Complete financial analysis of Unity Bancorp, Inc. (UNTY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Unity Bancorp, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
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Unity Bancorp, Inc. (UNTY)
About Unity Bancorp, Inc.
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. the company offered its services through the Internet and nineteen branch offices located in Bergen, Hunterdon, Middlesex, Somerset, Union, and Warren counties in New Jersey, as well as Northampton County, Pennsylvania. Unity Bancorp, Inc. was incorporated in 1991 and is based in Clinton, New Jersey.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 99.97M | 97.64M | 87.34M | 74.96M | 66.82M | 62.93M | 53.48M | 47.05M | 41.72M | 36.79M | 33.21M | 34.09M | 34.63M | 35.07M | 32.58M | 31.53M | 30.37M | 31.38M | 30.42M | 26.79M | 26.21M | 23.71M | 17.58M | 19.36M | 16.60M | 14.70M | 11.70M | 8.50M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 99.97M | 97.64M | 87.34M | 74.96M | 66.82M | 62.93M | 53.48M | 47.05M | 41.72M | 36.79M | 33.21M | 34.09M | 34.63M | 35.07M | 32.58M | 31.53M | 30.37M | 31.38M | 30.42M | 26.79M | 26.21M | 23.71M | 17.58M | 19.36M | 16.60M | 14.70M | 11.70M | 8.50M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 31.61M | 28.89M | 26.43M | 24.57M | 21.64M | 21.57M | 18.30M | 16.05M | 14.96M | 13.43M | 12.92M | 13.22M | 14.66M | 15.32M | 15.03M | 11.99M | 11.47M | 11.03M | 9.64M | 8.44M | 8.30M | 7.50M | 6.81M | 9.20M | 8.70M | 4.70M | 3.90M | 2.80M |
| Selling & Marketing | 1.44M | 1.21M | 1.24M | 906.00K | 1.36M | 1.41M | 1.18M | 559.00K | 1.03M | 998.00K | 747.00K | 839.00K | 727.00K | 624.00K | 530.00K | 451.00K | 457.00K | 575.00K | 697.00K | 695.00K | 596.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 33.05M | 30.10M | 27.66M | 25.48M | 23.00M | 22.98M | 19.48M | 16.61M | 15.99M | 14.43M | 13.66M | 14.06M | 15.39M | 15.94M | 15.56M | 12.44M | 11.92M | 11.60M | 10.34M | 9.13M | 8.90M | 7.50M | 6.81M | 9.20M | 8.70M | 4.70M | 3.90M | 2.80M |
| Other Expenses | 0.00 | -28.89M | -66.87M | -69.32M | -59.50M | -49.25M | -8.47M | -8.62M | 0.00 | 0.00 | 0.00 | 0.00 | -46.71M | -48.18M | 2.61M | -41.42M | -35.59M | -34.20M | -30.86M | -27.54M | -27.83M | -25.39M | -22.74M | -33.63M | -31.10M | -16.00M | -12.30M | -9.70M |
| Operating Expenses | 41.76M | 1.21M | -39.21M | -43.84M | -36.50M | -22.11M | 8.47M | 8.62M | 26.85M | 24.69M | 24.00M | 24.30M | -31.32M | -32.24M | 18.17M | -28.98M | -23.66M | -22.60M | -20.53M | -18.41M | -18.93M | -17.89M | -15.92M | -24.43M | -22.40M | -11.30M | -8.40M | -6.90M |
| Cost & Expenses | 41.76M | 1.21M | -39.21M | -43.84M | -36.50M | -22.11M | 41.15M | 37.62M | 26.85M | 24.69M | 24.00M | 24.30M | -31.32M | -32.24M | 18.17M | -28.98M | -23.66M | -22.60M | -20.53M | -18.41M | -18.93M | -17.89M | -15.92M | -24.43M | -22.40M | -11.30M | -8.40M | -6.90M |
| Interest Income | 143.49M | 100.74M | 84.78M | 78.92M | 75.65M | 67.26M | 55.31M | 47.02M | 41.65M | 37.42M | 33.95M | 35.20M | 39.52M | 44.04M | 49.41M | 50.77M | 48.90M | 43.18M | 33.84M | 26.17M | 24.90M | 24.30M | 23.89M | 28.02M | 23.70M | 17.50M | 15.00M | 10.90M |
| Interest Expense | 48.50M | 10.63M | 7.74M | 14.48M | 18.06M | 13.52M | 9.45M | 8.77M | 7.66M | 7.31M | 6.53M | 7.77M | 10.55M | 14.04M | 21.58M | 23.47M | 24.47M | 19.43M | 11.60M | 7.01M | 7.03M | 8.57M | 11.70M | 16.32M | 12.70M | 7.20M | 6.30M | 4.80M |
| Depreciation & Amortization | 0.00 | 1.40M | 1.60M | 1.60M | 1.70M | 1.60M | 1.40M | 1.10M | 530.00K | 1.39M | 1.27M | 1.36M | 1.04M | 1.28M | 1.42M | 673.00K | 1.08M | 835.00K | 1.03M | 1.04M | 884.00K | 1.20M | 1.22M | 1.64M | 1.60M | 400.00K | 400.00K | 400.00K |
| EBITDA | 0.00 | 54.18M | 49.74M | 33.03M | 31.93M | 29.24M | 23.67M | 21.20M | 14.90M | 10.94M | 8.95M | 7.83M | 4.36M | 4.11M | 0.00 | 3.22M | 7.78M | 9.62M | 10.93M | 9.42M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 0.00% | 66.39% | 56.95% | 44.06% | 47.79% | 67.95% | 44.26% | 40.24% | 35.71% | 29.73% | 26.95% | 22.97% | 12.57% | 11.72% | -1.72% | 10.21% | 25.62% | 30.66% | 35.93% | 35.16% | 31.15% | 29.60% | 16.35% | -17.74% | -25.30% | 25.85% | 31.62% | 23.53% |
| Operating Income | 53.00M | 62.07M | 48.13M | 31.12M | 30.32M | 40.82M | 22.43M | 18.20M | 14.37M | 9.55M | 7.68M | 6.47M | 3.32M | 2.83M | -1.98M | 2.55M | 6.70M | 8.79M | 9.90M | 8.38M | 7.28M | 5.82M | 1.66M | -5.07M | -5.80M | 3.40M | 3.30M | 1.60M |
| Operating Income Ratio | 53.01% | 63.57% | 55.11% | 41.51% | 45.37% | 64.87% | 41.95% | 38.68% | 34.44% | 25.97% | 23.13% | 18.98% | 9.57% | 8.07% | -6.07% | 8.08% | 22.07% | 28.00% | 32.53% | 31.29% | 27.78% | 24.54% | 9.44% | -26.20% | -34.94% | 23.13% | 28.21% | 18.82% |
| Total Other Income/Expenses | 0.00 | -3.68M | -4.23M | -5.01M | -2.49M | -2.12M | -3.08M | -1.10M | -3.53M | -3.74M | -3.81M | -1.15M | 0.00 | 0.00 | -1.98M | -597.00K | -1.08M | -835.00K | -1.03M | -275.00K | -7.91M | -9.77M | -12.92M | -17.96M | -14.30M | -7.60M | -6.70M | -5.20M |
| Income Before Tax | 53.00M | 51.42M | 48.13M | 31.12M | 30.32M | 27.31M | 22.43M | 18.20M | 14.37M | 9.55M | 7.68M | 6.47M | 3.32M | 2.83M | -1.98M | 2.55M | 6.70M | 8.79M | 9.90M | 8.38M | 7.28M | 5.82M | 1.66M | -5.07M | -5.80M | 3.40M | 3.30M | 1.60M |
| Income Before Tax Ratio | 53.01% | 52.67% | 55.11% | 41.51% | 45.37% | 43.39% | 41.95% | 38.68% | 34.44% | 25.97% | 23.13% | 18.98% | 9.57% | 8.07% | -6.07% | 8.08% | 22.07% | 28.00% | 32.53% | 31.29% | 27.78% | 24.54% | 9.44% | -26.20% | -34.94% | 23.13% | 28.21% | 18.82% |
| Income Tax Expense | 13.29M | 12.96M | 12.01M | 7.48M | 6.66M | 5.39M | 9.54M | 6.48M | 4.81M | 3.15M | 2.57M | 2.23M | 769.00K | 589.00K | -898.00K | 616.00K | 1.98M | 2.94M | 3.69M | 3.05M | 2.70M | 2.11M | -382.00K | 839.00K | -2.40M | 1.30M | 1.30M | 600.00K |
| Net Income | 39.71M | 38.46M | 36.12M | 23.64M | 23.65M | 21.92M | 12.89M | 11.73M | 9.56M | 6.41M | 5.12M | 4.24M | 2.55M | 2.24M | -1.08M | 1.93M | 4.73M | 5.85M | 6.21M | 5.33M | 4.58M | 3.71M | 2.04M | -5.91M | -3.40M | 2.10M | 2.00M | 1.00M |
| Net Income Ratio | 39.72% | 39.39% | 41.36% | 31.54% | 35.40% | 34.83% | 24.11% | 24.92% | 22.91% | 17.42% | 15.40% | 12.45% | 7.35% | 6.39% | -3.32% | 6.12% | 15.56% | 18.62% | 20.41% | 19.90% | 17.49% | 15.64% | 11.61% | -30.54% | -20.48% | 14.29% | 17.09% | 11.76% |
| EPS | 3.89 | 3.66 | 3.47 | 2.21 | 2.18 | 2.04 | 1.22 | 1.40 | 1.03 | 0.75 | 0.50 | 0.32 | 0.12 | 0.09 | -0.14 | 0.24 | 0.59 | 0.70 | 0.72 | 0.66 | 0.61 | 0.45 | 0.31 | -1.08 | -0.62 | 0.45 | 0.21 | 0.32 |
| EPS Diluted | 3.84 | 3.59 | 3.42 | 2.19 | 2.14 | 2.01 | 1.20 | 1.38 | 1.02 | 0.74 | 0.48 | 0.31 | 0.12 | 0.09 | -0.14 | 0.23 | 0.57 | 0.67 | 0.68 | 0.62 | 0.58 | 0.43 | 0.31 | -1.08 | -0.52 | 0.43 | 0.21 | 0.32 |
| Weighted Avg Shares Out | 10.21M | 10.51M | 10.40M | 10.71M | 10.85M | 10.73M | 10.56M | 9.42M | 9.27M | 8.64M | 8.30M | 8.22M | 8.07M | 7.89M | 7.83M | 7.81M | 7.97M | 8.38M | 8.59M | 8.59M | 7.58M | 8.08M | 6.65M | 5.46M | 5.49M | 4.72M | 4.61M | 3.30M |
| Weighted Avg Shares Out (Dil) | 10.34M | 10.71M | 10.55M | 10.81M | 11.03M | 10.92M | 10.75M | 9.57M | 9.38M | 8.74M | 8.59M | 8.57M | 8.51M | 8.19M | 7.83M | 7.99M | 8.28M | 8.80M | 9.04M | 8.59M | 7.94M | 8.57M | 6.65M | 5.46M | 6.60M | 4.95M | 4.61M | 3.30M |
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