See more : Avalon Technologies Limited (AVALON.NS) 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.
You may be interested
- JOHNSON PHARMACARE LIMITED (JOHNPHARMA.BO) Income Statement Analysis – Financial Results
- PT Sarimelati Kencana Tbk. (PZZA.JK) Income Statement Analysis – Financial Results
- Skeena Resources Limited (SKE) Income Statement Analysis – Financial Results
- GDH Guangnan (Holdings) Limited (1203.HK) Income Statement Analysis – Financial Results
- Time Interconnect Technology Limited (1729.HK) Income Statement Analysis – Financial Results
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 |
Unity Bancorp (UNTY) Surpasses Q1 Earnings and Revenue Estimates
Unity Bancorp (UNTY) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.85 per share a year ago.
Down 5.9% in 4 Weeks, Here's Why Unity Bancorp (UNTY) Looks Ripe for a Turnaround
Unity Bancorp (UNTY) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for...
Unity Bancorp (UNTY) Misses Q2 Earnings Estimates
Unity Bancorp (UNTY) delivered earnings and revenue surprises of -1.12% and 3.01%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Unity Bancorp (UNTY) Earnings Expected to Grow: What to Know Ahead of Q2 Release
Unity Bancorp (UNTY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
What Makes Unity Bancorp (UNTY) a New Strong Buy Stock
Unity Bancorp (UNTY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Best Momentum Stock to Buy for June 30th
UNTY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 30, 2022.
New Strong Buy Stocks for June 30th
BANR, MPB, UNTY, AAON, and TAC have been added to the Zacks Rank #1 (Strong Buy) List on June 30, 2022.
Best Value Stocks to Buy for June 30th
UNTY and BANR made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 30, 2022.
Unity Bancorp (UNTY) Q1 Earnings Top Estimates
Unity Bancorp (UNTY) delivered earnings and revenue surprises of 4.94% and 1.13%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
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.
Source: https://incomestatements.info
Category: Stock Reports