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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 |
Unity Bancorp Reports Quarterly Earnings of $7.3 Million
CLINTON, N.J., Jan. 22, 2021 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $7.3 million, or $0.69 per diluted share, for the quarter ended December 31, 2020, a 20.0 percent increase...
Unity Bancorp Declares Cash Dividend
CLINTON, N. J., Nov. 19, 2020 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.08 per common share. Such dividend is payable on...
Flemington's Adam Kuras Joins Unity Bank as Chief Lending Officer
CLINTON, N.J., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Adam Kuras has joined Unity Bank as Chief Lending Officer bringing more than 27 years of banking and finance leadership experience to the community bank.
Source: https://incomestatements.info
Category: Stock Reports