Market Cap 456.01M
Revenue (ttm) 164.21M
Net Income (ttm) 41.45M
EPS (ttm) N/A
PE Ratio 10.87
Forward PE 9.59
Profit Margin 25.24%
Debt to Equity Ratio 0.83
Volume 82,100
Avg Vol 47,024
Day's Range N/A - N/A
Shares Out 10.03M
Stochastic %K 97%
Beta 0.71
Analysts Strong Sell
Price Target $52.67

Company Profile

Unity Bancorp, Inc. operates as the bank holding company for Unity Bank that provides commercial and retail banking services. It offers personal and business checking, money market, savings, and retirement accounts, as well as time and noninterest and interest-bearing demand deposits. The company also provides commercial, small business administration, consumer, mortgage, and home equity and personal loans; and owner and non-owner-occupied commercial mortgages. In addition, it is involved in the...

Industry: Banks - Regional
Sector: Financial Services
Phone: 908 730 7630
Address:
64 Old Highway 22, Clinton, United States
JarvisFlow
JarvisFlow Apr. 14 at 11:30 AM
Piper Sandler has adjusted their stance on Unity Bancorp ( $UNTY ), setting the rating to Overweight with a target price of 54 → 50.
0 · Reply
DonCorleone77
DonCorleone77 Apr. 11 at 10:43 AM
$UNTY Unity Bancorp reports Q1 EPS $1.13, consensus $1.13 James Hughes, President and CEO, commented on the financial results: "We are pleased to announce another strong quarter for Unity Bancorp, Inc. We earned $11.6 million in net income, or $1.13 per diluted share, representing 1.83% ROA and 15.56% ROE. Our Commercial and Residential lending had strong originations, growing loans by $84.5 million in the first quarter, a 3.74% increase from year-end. Our Retail division also demonstrated their deposit gathering capabilities, with customer deposits (ex-brokered deposits) increasing by $90.7 million, or 4.82%, quarter over quarter. We will continue to diligently manage our balance sheet, and aim to fund future credit growth by growing deposits in tandem. Furthermore, we will continue to maintain disciplined credit-risk management, by underwriting credits to conservative loan-to-value and debt-service-coverage levels, as well as swiftly addressing delinquency and non-performing asset scenarios as they arise. Despite the recent volatility seen in the capital markets primarily due to the implementation of tariffs, as a community bank we do not see any adverse impacts on prospective loan demand. A portion of our small business customers are poised to benefit from tariffs on foreign goods. Further, to the extent that our customers are negatively impacted, we are on standby and will remain a trusted advisor to help them navigate any potential difficulties. Our balance sheet growth highlights Unity's commitment to providing financial services that support economic development in our local communities. Our motto "Growing With You" has never been more relevant. The relentless dedication of our employees to delivering best-in-class customer service has driven these impressive financial results."
0 · Reply
Prismo_pro
Prismo_pro Feb. 25 at 9:17 AM
Insider Alert: $OVBC Director Buys Shares What happened Director Michael Seth Isaac just bought in! 💰 The OVBC board member purchased 115 shares worth approximately $3,000 on February 21, 2025. He also acquired an additional 2 shares through dividend reinvestment, bringing his total holdings to nearly 360 shares. Big picture OVBC stock recently crossed above its 200-day moving average, trading at $26.23 as of last Friday - up from a $24.46 average. However, the bank reported disappointing Q4 results with EPS of $0.53 (down from $0.68 YoY) and a 12.9% drop in annual net income to $11 million. StockNews recently initiated coverage with a "hold" rating. Key developments 📈 OVBC declared a $0.22 quarterly dividend payable on February 10, 2025 💰 The company extended its stock buyback program through August 2025 (already repurchased ~$3M of $5M authorized) 📊 Executive Thomas Wiseman retired as an officer on January 1 but continues as non-executive Chairman 🎯 Total assets reached $1.5 billion, up $151M from 2023 What could be the reason? The director's purchase, though modest in size, comes at an interesting moment 🤔. OVBC is trading at attractive valuations (P/E of 11.31 and below book value), which could signal a potential investment opportunity. Additionally, a solid dividend yield of 3.35% and a 32-year track record of consistent payouts suggest confidence in cash flow despite current profitability challenges. These companies are worth watching in case of significant insider purchases: ⚡ $UNTY Unity Bancorp ⚡ $FGBI First Guaranty Bancshares ⚡ $WMPN William Penn Bancorporation Insider details at https://prismo.pro/stock/ovbc?utm_source=stocktwits&utm_medium=social&utm_campaign=stock-news&utm_content=OVBC Want to see how insider trading drives company growth? Follow our analytics at prismo.pro and subscribe! 🚀 #InsiderTrading #StockTwits
0 · Reply
NVDAMillionaire
NVDAMillionaire Jan. 26 at 3:57 AM
$UNTY Unity Bancorp Inc. (NASDAQ: UNTY): A Comprehensive Analysis of This Thriving Regional Bank https://beyondspx.com/article/unity-bancorp-inc-unty-a-steadfast-community-bank-delivering-consistent-performance
0 · Reply
IN0V8
IN0V8 Jan. 16 at 8:30 PM
$UNTY KBW raises target price to $55 from $51
0 · Reply
Thestocktraderhubzee
Thestocktraderhubzee Jan. 16 at 4:04 PM
$UNTY Piper Sandler Reiterates Overweight on Unity Bancorp, Raises Price Target to $54
0 · Reply
DonCorleone77
DonCorleone77 Jan. 15 at 11:58 AM
$UNTY Unity Bancorp reports Q4 EPS $1.13, consensus $1.06 James Hughes, President and CEO, commented on the financial results: "We are proud to share with you the results of Unity Bancorp Inc. for the 2024 fiscal year. We achieved both a record year and a record quarter of earnings. For the year, we earned $41.5 million in net income, or $4.06 per diluted share, representing a 1.68% ROA and a 14.99% ROE. For the fourth quarter, we earned $11.5 million in net income, or $1.13 per diluted share, representing a 1.83% ROA and a 15.77% ROE. In the fourth quarter, our net interest margin expanded 21 basis points by lowering our cost of funds 20 basis points and increasing our yield on loans 4 basis points. On the balance sheet, we grew loans $43.3 million in the fourth quarter, representing a 1.95% increase quarter over quarter. We funded this loan growth with deposits, which grew $54.2 million or 2.65% quarter over quarter. Notably, noninterest bearing demand deposits grew $16.8 million, or 3.97% quarter over quarter."
0 · Reply
jb1938
jb1938 Jan. 13 at 6:29 PM
$UNTY ...I OWN SHARES OF HIS STOCK....Is Unity Software Inc. (U) the Best Growth Stock to Buy Now Under $25?
0 · Reply
NVDAMillionaire
NVDAMillionaire Dec. 5 at 12:08 PM
$UNTY Unity Bancorp Inc. (UNTY): A Steadfast Community Bank Delivering Consistent Performance https://beyondspx.com/article/unity-bancorp-inc-unty-a-steadfast-community-bank-delivering-consistent-performance
0 · Reply
PenkeTrading
PenkeTrading Nov. 23 at 6:35 AM
I found you an Overbought RSI (Relative Strength Index) on the daily chart of Unity Bancorp Inc. Is that bullish or bearish? $UNTY #Unity #RsiOverbought #NASDAQ
0 · Reply
Latest News on UNTY
Unity Bancorp Announces Second Quarter Dividend

May 22, 2025, 4:00 PM EDT - 5 weeks ago

Unity Bancorp Announces Second Quarter Dividend


Unity Bank Recognized Again on Hovde Group's High-Performer List

Apr 22, 2025, 12:11 PM EDT - 2 months ago

Unity Bank Recognized Again on Hovde Group's High-Performer List


Unity Bancorp: Quality At A Decent Price

Apr 19, 2025, 7:23 AM EDT - 2 months ago

Unity Bancorp: Quality At A Decent Price


Unity Bancorp: Batting Away Tariff Concerns

Apr 15, 2025, 11:47 PM EDT - 2 months ago

Unity Bancorp: Batting Away Tariff Concerns


Unity Bancorp: No Tariff Impact On Loan Demand

Apr 11, 2025, 4:33 PM EDT - 2 months ago

Unity Bancorp: No Tariff Impact On Loan Demand


Unity Bancorp Reports Quarterly Earnings of $11.6 Million

Apr 11, 2025, 6:00 AM EDT - 2 months ago

Unity Bancorp Reports Quarterly Earnings of $11.6 Million


Unity Bancorp Announces 8% Increase in First Quarter Dividend

Feb 27, 2025, 4:02 PM EST - 4 months ago

Unity Bancorp Announces 8% Increase in First Quarter Dividend


Unity Bancorp: Solid Start To Regional Bank Earnings

Jan 15, 2025, 12:55 PM EST - 5 months ago

Unity Bancorp: Solid Start To Regional Bank Earnings


Unity Bancorp Inc. Declares Cash Dividend

Nov 21, 2024, 4:29 PM EST - 7 months ago

Unity Bancorp Inc. Declares Cash Dividend


Unity Bancorp Reports Quarterly Earnings of $10.9 Million

Oct 11, 2024, 6:00 AM EDT - 9 months ago

Unity Bancorp Reports Quarterly Earnings of $10.9 Million


Unity Bancorp Inc. Announces New Share Repurchase Program

Aug 1, 2024, 9:00 AM EDT - 11 months ago

Unity Bancorp Inc. Announces New Share Repurchase Program


Unity Bancorp Reports Quarterly Earnings of $9.5 Million

Jul 12, 2024, 6:00 AM EDT - 1 year ago

Unity Bancorp Reports Quarterly Earnings of $9.5 Million


Unity Bancorp Declares Cash Dividend

May 16, 2024, 4:01 PM EDT - 1 year ago

Unity Bancorp Declares Cash Dividend


Unity Bancorp Reports Quarterly Earnings of $9.6 Million

Apr 12, 2024, 6:00 AM EDT - 1 year ago

Unity Bancorp Reports Quarterly Earnings of $9.6 Million


Unity Bancorp Reports Quarterly Earnings of $9.9 Million

Oct 13, 2023, 6:00 AM EDT - 1 year ago

Unity Bancorp Reports Quarterly Earnings of $9.9 Million


Unity Bank Named Best Bank 2023 by Hunterdon Happening

Jul 19, 2023, 12:14 PM EDT - 2 years ago

Unity Bank Named Best Bank 2023 by Hunterdon Happening


Unity Bancorp Reports Quarterly Earnings of $9.7 Million

Jul 14, 2023, 6:00 AM EDT - 2 years ago

Unity Bancorp Reports Quarterly Earnings of $9.7 Million


Unity Bank Awarded the Raymond James Community Bankers Cup

Jul 7, 2023, 9:43 AM EDT - 2 years ago

Unity Bank Awarded the Raymond James Community Bankers Cup


Unity Bank Opening First Branch in Morris County

May 22, 2023, 11:08 AM EDT - 2 years ago

Unity Bank Opening First Branch in Morris County


Unity Bank Selected for the ICBA Best-Performing Banks 2023 List

May 10, 2023, 12:01 PM EDT - 2 years ago

Unity Bank Selected for the ICBA Best-Performing Banks 2023 List


Unity Bancorp Approves New Share Repurchase Program

Apr 27, 2023, 4:30 PM EDT - 2 years ago

Unity Bancorp Approves New Share Repurchase Program


Unity Bancorp Reports Quarterly Earnings of $10.3 Million

Apr 17, 2023, 6:00 AM EDT - 2 years ago

Unity Bancorp Reports Quarterly Earnings of $10.3 Million


Unity Bancorp Announces 9% Increase in First Quarter Dividend

Feb 16, 2023, 4:03 PM EST - 2 years ago

Unity Bancorp Announces 9% Increase in First Quarter Dividend


Unity Bank Opens Lakewood Branch, Plans New Fort Lee Branch

Dec 5, 2022, 10:21 PM EST - 2 years ago

Unity Bank Opens Lakewood Branch, Plans New Fort Lee Branch


Unity Bancorp Reports Quarterly Earnings of $9.9 Million

Oct 14, 2022, 6:00 AM EDT - 2 years ago

Unity Bancorp Reports Quarterly Earnings of $9.9 Million


Unity Bancorp Reports Quarterly Earnings of $9.5 Million

Jul 14, 2022, 6:00 AM EDT - 3 years ago

Unity Bancorp Reports Quarterly Earnings of $9.5 Million


JarvisFlow
JarvisFlow Apr. 14 at 11:30 AM
Piper Sandler has adjusted their stance on Unity Bancorp ( $UNTY ), setting the rating to Overweight with a target price of 54 → 50.
0 · Reply
DonCorleone77
DonCorleone77 Apr. 11 at 10:43 AM
$UNTY Unity Bancorp reports Q1 EPS $1.13, consensus $1.13 James Hughes, President and CEO, commented on the financial results: "We are pleased to announce another strong quarter for Unity Bancorp, Inc. We earned $11.6 million in net income, or $1.13 per diluted share, representing 1.83% ROA and 15.56% ROE. Our Commercial and Residential lending had strong originations, growing loans by $84.5 million in the first quarter, a 3.74% increase from year-end. Our Retail division also demonstrated their deposit gathering capabilities, with customer deposits (ex-brokered deposits) increasing by $90.7 million, or 4.82%, quarter over quarter. We will continue to diligently manage our balance sheet, and aim to fund future credit growth by growing deposits in tandem. Furthermore, we will continue to maintain disciplined credit-risk management, by underwriting credits to conservative loan-to-value and debt-service-coverage levels, as well as swiftly addressing delinquency and non-performing asset scenarios as they arise. Despite the recent volatility seen in the capital markets primarily due to the implementation of tariffs, as a community bank we do not see any adverse impacts on prospective loan demand. A portion of our small business customers are poised to benefit from tariffs on foreign goods. Further, to the extent that our customers are negatively impacted, we are on standby and will remain a trusted advisor to help them navigate any potential difficulties. Our balance sheet growth highlights Unity's commitment to providing financial services that support economic development in our local communities. Our motto "Growing With You" has never been more relevant. The relentless dedication of our employees to delivering best-in-class customer service has driven these impressive financial results."
0 · Reply
Prismo_pro
Prismo_pro Feb. 25 at 9:17 AM
Insider Alert: $OVBC Director Buys Shares What happened Director Michael Seth Isaac just bought in! 💰 The OVBC board member purchased 115 shares worth approximately $3,000 on February 21, 2025. He also acquired an additional 2 shares through dividend reinvestment, bringing his total holdings to nearly 360 shares. Big picture OVBC stock recently crossed above its 200-day moving average, trading at $26.23 as of last Friday - up from a $24.46 average. However, the bank reported disappointing Q4 results with EPS of $0.53 (down from $0.68 YoY) and a 12.9% drop in annual net income to $11 million. StockNews recently initiated coverage with a "hold" rating. Key developments 📈 OVBC declared a $0.22 quarterly dividend payable on February 10, 2025 💰 The company extended its stock buyback program through August 2025 (already repurchased ~$3M of $5M authorized) 📊 Executive Thomas Wiseman retired as an officer on January 1 but continues as non-executive Chairman 🎯 Total assets reached $1.5 billion, up $151M from 2023 What could be the reason? The director's purchase, though modest in size, comes at an interesting moment 🤔. OVBC is trading at attractive valuations (P/E of 11.31 and below book value), which could signal a potential investment opportunity. Additionally, a solid dividend yield of 3.35% and a 32-year track record of consistent payouts suggest confidence in cash flow despite current profitability challenges. These companies are worth watching in case of significant insider purchases: ⚡ $UNTY Unity Bancorp ⚡ $FGBI First Guaranty Bancshares ⚡ $WMPN William Penn Bancorporation Insider details at https://prismo.pro/stock/ovbc?utm_source=stocktwits&utm_medium=social&utm_campaign=stock-news&utm_content=OVBC Want to see how insider trading drives company growth? Follow our analytics at prismo.pro and subscribe! 🚀 #InsiderTrading #StockTwits
0 · Reply
NVDAMillionaire
NVDAMillionaire Jan. 26 at 3:57 AM
$UNTY Unity Bancorp Inc. (NASDAQ: UNTY): A Comprehensive Analysis of This Thriving Regional Bank https://beyondspx.com/article/unity-bancorp-inc-unty-a-steadfast-community-bank-delivering-consistent-performance
0 · Reply
IN0V8
IN0V8 Jan. 16 at 8:30 PM
$UNTY KBW raises target price to $55 from $51
0 · Reply
Thestocktraderhubzee
Thestocktraderhubzee Jan. 16 at 4:04 PM
$UNTY Piper Sandler Reiterates Overweight on Unity Bancorp, Raises Price Target to $54
0 · Reply
DonCorleone77
DonCorleone77 Jan. 15 at 11:58 AM
$UNTY Unity Bancorp reports Q4 EPS $1.13, consensus $1.06 James Hughes, President and CEO, commented on the financial results: "We are proud to share with you the results of Unity Bancorp Inc. for the 2024 fiscal year. We achieved both a record year and a record quarter of earnings. For the year, we earned $41.5 million in net income, or $4.06 per diluted share, representing a 1.68% ROA and a 14.99% ROE. For the fourth quarter, we earned $11.5 million in net income, or $1.13 per diluted share, representing a 1.83% ROA and a 15.77% ROE. In the fourth quarter, our net interest margin expanded 21 basis points by lowering our cost of funds 20 basis points and increasing our yield on loans 4 basis points. On the balance sheet, we grew loans $43.3 million in the fourth quarter, representing a 1.95% increase quarter over quarter. We funded this loan growth with deposits, which grew $54.2 million or 2.65% quarter over quarter. Notably, noninterest bearing demand deposits grew $16.8 million, or 3.97% quarter over quarter."
0 · Reply
jb1938
jb1938 Jan. 13 at 6:29 PM
$UNTY ...I OWN SHARES OF HIS STOCK....Is Unity Software Inc. (U) the Best Growth Stock to Buy Now Under $25?
0 · Reply
NVDAMillionaire
NVDAMillionaire Dec. 5 at 12:08 PM
$UNTY Unity Bancorp Inc. (UNTY): A Steadfast Community Bank Delivering Consistent Performance https://beyondspx.com/article/unity-bancorp-inc-unty-a-steadfast-community-bank-delivering-consistent-performance
0 · Reply
PenkeTrading
PenkeTrading Nov. 23 at 6:35 AM
I found you an Overbought RSI (Relative Strength Index) on the daily chart of Unity Bancorp Inc. Is that bullish or bearish? $UNTY #Unity #RsiOverbought #NASDAQ
0 · Reply
Nullify
Nullify Nov. 22 at 4:40 PM
$TNA $UNTY ABOUT TO EXPLODE
0 · Reply
insiderbuyingselling
insiderbuyingselling Nov. 8 at 1:45 PM
$UNTY new insider selling: 1043 shares. http://insiderbuyingselling.com/?t=UNTY
0 · Reply
Doozio
Doozio Nov. 6 at 3:47 PM
All da answers to da sim are inside da sim. Da $UNTY party is here INTA 🧠⏰♾️
0 · Reply
IN0V8
IN0V8 Oct. 14 at 2:46 PM
$UNTY opportunity KBW raises target price to $43 from $39
0 · Reply
DonCorleone77
DonCorleone77 Oct. 11 at 10:31 AM
$UNTY Unity Bancorp reports Q3 EPS $1.07, consensus 95c James Hughes, President and CEO, commented on the financial results: "We are excited to announce the highest quarterly earnings results in the Unity Bancorp Inc.'s history. For the quarter, we achieved $10.9 million of net income, equivalent to $1.07 per diluted share. Our net interest margin expanded to 4.16% and we delivered an impressive ROA of 1.76% and ROE of 15.55%."
0 · Reply
NVDAMillionaire
NVDAMillionaire Aug. 3 at 12:16 PM
$UNTY Unity Bancorp Inc. (NASDAQ: UNTY): A Comprehensive Analysis of This Thriving Regional Bank http://beyondspx.com/2024/08/02/unity-bancorp-inc-nasdaq-unty-a-comprehensive-analysis-of-this-thriving-regional-bank/
0 · Reply
Stock_Titan
Stock_Titan Aug. 1 at 1:00 PM
$UNTY Unity Bancorp Inc. Announces New Share Repurchase Program https://www.stocktitan.net/news/UNTY/unity-bancorp-inc-announces-new-share-repurchase-vndc6uxw72cy.html
0 · Reply
insiderbuyingselling
insiderbuyingselling Jul. 29 at 12:45 PM
$UNTY new insider selling: 750 shares. http://insiderbuyingselling.com/?t=UNTY
0 · Reply
insiderbuyingselling
insiderbuyingselling Jul. 25 at 1:27 PM
$UNTY new insider selling: 2264 shares. http://insiderbuyingselling.com/?t=UNTY
0 · Reply
insiderbuyingselling
insiderbuyingselling Jul. 18 at 8:09 PM
$UNTY new insider selling: 3200 shares. http://insiderbuyingselling.com/?t=UNTY
0 · Reply
IN0V8
IN0V8 Jul. 18 at 4:59 PM
$UNTY Piper Sandler raises target price to $39 from $32
0 · Reply