Unity Bancorp Financials

UNTY Stock  USD 52.30  0.03  0.06%   
Based on the analysis of Unity Bancorp's profitability, liquidity, and operating efficiency, Unity Bancorp is performing exceptionally good at this time. It has a great probability to report excellent financial results in February. At this time, Unity Bancorp's Other Assets are fairly stable compared to the past year. Cash And Short Term Investments is likely to rise to about 357.6 M in 2026, whereas Short and Long Term Debt Total is likely to drop slightly above 137.7 M in 2026.
 
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Interest Hikes

Unity Bancorp Balance Sheet Chart

At this time, Unity Bancorp's Other Assets are fairly stable compared to the past year. Cash And Short Term Investments is likely to rise to about 357.6 M in 2026, whereas Short and Long Term Debt Total is likely to drop slightly above 137.7 M in 2026.
Key indicators impacting Unity Bancorp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.350.3338
Sufficiently Up
Slightly volatile
Return On Assets0.02050.0195
Sufficiently Up
Slightly volatile
Return On Equity0.180.1677
Notably Up
Slightly volatile
Debt Equity Ratio1.00.7698
Significantly Up
Pretty Stable
Operating Income79.3 M75.5 M
Sufficiently Up
Slightly volatile
Current Ratio0.170.1604
Notably Up
Pretty Stable
The essential information of the day-to-day investment outlook for Unity Bancorp includes many different criteria found on its balance sheet. An individual investor should monitor Unity Bancorp's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Unity Bancorp.

Net Income

60.85 Million

  
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Please note, the imprecision that can be found in Unity Bancorp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Unity Bancorp. Check Unity Bancorp's Beneish M Score to see the likelihood of Unity Bancorp's management manipulating its earnings.

Unity Bancorp Stock Summary

Unity Bancorp competes with Capital Bancorp, Peoples Fin, Northfield Bancorp, First Business, and Peapack Gladstone. 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. Unity Bancorp, Inc. was incorporated in 1991 and is based in Clinton, New Jersey. Unity Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 222 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS9132901029
Business Address64 Old Highway
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.unitybank.com
Phone908 730 7630
CurrencyUSD - US Dollar

Unity Bancorp Key Financial Ratios

Unity Bancorp Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets2.0B2.4B2.6B2.7B3.0B3.1B
Other Current Liab1.8B1.8B1.9B2.1B2.4B2.5B
Net Debt(189.2M)284.1M172.0M50.4M49.6M79.0M
Retained Earnings123.0M157.0M191.1M227.3M243.9M256.1M
Accounts Payable129K691K1.9M1.7M2.0M2.1M
Cash244.8M114.8M194.8M180.4M216.5M227.3M
Other Assets1.8B2.3B68.5M2.5B2.9B3.0B
Net Receivables9.6M13.4M13.6M12.7M12.9M13.5M
Total Liab1.8B2.2B2.3B2.4B2.6B2.8B
Total Current Assets316.9M232.7M300.1M208.7M377.8M396.7M
Common Stock94.0M97.2M100.4M103.9M105.9M69.4M
Other Liab4.2M4.6M5.4M642K738.3K701.4K
Long Term Debt50.3M393.3M366.7M230.8M265.4M278.7M
Inventory(233.4M)(256.8M)(128.2M)7.1M6.4M6.7M
Other Current Assets6.0M9.1M208.4M24.3M21.9M20.8M
Intangible Assets1.9M1.0M691K881K792.9K1.4M
Short Term Debt681K343.7M351.9M151.2M173.9M146.5M
Net Tangible Assets159.2M172.4M204.2M237.7M273.4M287.0M

Unity Bancorp Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
202120222023202420252026 (projected)
Interest Expense7.7M10.6M48.5M57.1M56.6M59.4M
Total Revenue95.8M108.3M150.7M163.1M188.4M197.8M
Gross Profit87.9M93.4M99.1M102.0M127.9M134.3M
Operating Income48.1M51.4M53.0M54.4M75.5M79.3M
Ebit48.1M51.4M53.0M54.4M62.5M65.7M
Ebitda49.7M54.2M55.4M57.0M75.5M79.3M
Cost Of Revenue7.9M14.9M51.7M61.1M60.5M63.6M
Income Before Tax48.1M51.4M53.0M54.4M75.5M79.3M
Net Income36.1M38.5M39.7M41.5M58.0M60.8M
Income Tax Expense12.0M13.0M13.3M12.9M17.6M18.4M
Tax Provision12.0M13.0M13.7M12.9M14.9M10.2M
Net Interest Income77.0M90.1M95.7M98.6M113.4M72.1M
Interest Income84.8M100.7M136.1M155.7M179.1M92.7M

Unity Bancorp Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Unity Bancorp. It measures of how well Unity is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Unity Bancorp brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Unity had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Unity Bancorp has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
202120222023202420252026 (projected)
Change In Cash25.5M(130.0M)80.0M(14.3M)(16.5M)(15.7M)
Free Cash Flow22.2M41.2M46.0M47.3M54.4M57.1M
Depreciation1.6M2.8M2.4M2.6M3.0M3.1M
Other Non Cash Items(16.2M)(230K)(1.3M)894K1.0M809.2K
Dividends Paid3.6M4.4M4.7M5.0M5.8M6.1M
Capital Expenditures1.3M1.5M955K693K623.7K592.5K
Net Income36.1M38.5M39.7M41.5M47.7M50.1M
End Period Cash Flow244.8M114.8M194.8M180.4M207.5M217.9M
Investments(104.0M)(582.2M)(236.3M)(92.8M)(83.5M)(87.7M)
Change To Netincome124.0M11.9M290.6M4.0M4.6M4.4M
Net Borrowings(160M)343M(26.6M)(135.9M)(122.3M)(116.2M)

Unity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Unity Bancorp's current stock value. Our valuation model uses many indicators to compare Unity Bancorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Unity Bancorp competition to find correlations between indicators driving Unity Bancorp's intrinsic value. More Info.
Unity Bancorp is rated second in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about  0.11  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Unity Bancorp is roughly  8.78 . At this time, Unity Bancorp's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Unity Bancorp's earnings, one of the primary drivers of an investment's value.
Most indicators from Unity Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unity Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unity Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy Unity Stock please use our How to Invest in Unity Bancorp guide.At this time, Unity Bancorp's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.22 in 2026, whereas Tax Provision is likely to drop slightly above 10.2 M in 2026.
 2023 2024 2025 2026 (projected)
Interest Expense48.5M57.1M56.6M59.4M
Depreciation And Amortization2.4M2.6M3.0M3.1M

Unity Bancorp fundamental ratios Correlations

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Click cells to compare fundamentals

Unity Bancorp Account Relationship Matchups

Unity Bancorp fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets2.0B2.4B2.6B2.7B3.0B3.1B
Other Current Liab1.8B1.8B1.9B2.1B2.4B2.5B
Net Debt(189.2M)284.1M172.0M50.4M49.6M79.0M
Retained Earnings123.0M157.0M191.1M227.3M243.9M256.1M
Accounts Payable129K691K1.9M1.7M2.0M2.1M
Cash244.8M114.8M194.8M180.4M216.5M227.3M
Other Assets1.8B2.3B68.5M2.5B2.9B3.0B
Net Receivables9.6M13.4M13.6M12.7M12.9M13.5M
Total Liab1.8B2.2B2.3B2.4B2.6B2.8B
Total Current Assets316.9M232.7M300.1M208.7M377.8M396.7M
Common Stock94.0M97.2M100.4M103.9M105.9M69.4M
Other Liab4.2M4.6M5.4M642K738.3K701.4K
Long Term Debt50.3M393.3M366.7M230.8M265.4M278.7M
Inventory(233.4M)(256.8M)(128.2M)7.1M6.4M6.7M
Other Current Assets6.0M9.1M208.4M24.3M21.9M20.8M
Intangible Assets1.9M1.0M691K881K792.9K1.4M
Short Term Debt681K343.7M351.9M151.2M173.9M146.5M
Net Tangible Assets159.2M172.4M204.2M237.7M273.4M287.0M
Today, most investors in Unity Bancorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Unity Bancorp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Unity Bancorp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.25

At this time, Unity Bancorp's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Unity Bancorp January 28, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Unity Bancorp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Unity Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Unity Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Unity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Unity Bancorp's daily price indicators and compare them against related drivers.

Additional Tools for Unity Stock Analysis

When running Unity Bancorp's price analysis, check to measure Unity Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Unity Bancorp is operating at the current time. Most of Unity Bancorp's value examination focuses on studying past and present price action to predict the probability of Unity Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unity Bancorp's price. Additionally, you may evaluate how the addition of Unity Bancorp to your portfolios can decrease your overall portfolio volatility.