Unity Historical Income Statement

UNTY Stock

USD 45.40 0.25 0.55%

Historical analysis of Unity Bancorp income statement accounts such as Depreciation And Amortization of 1.3 M, Interest Expense of 50.9 M, Selling General Administrative of 33.2 M or Total Revenue of 105 M can show how well Unity Bancorp performed in making a profits. Evaluating Unity Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Unity Bancorp's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Unity Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Unity Bancorp is a good buy for the upcoming year.

Net Income Gross Profit

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 estimate.

For more information on how to buy Unity Stock please use our How to Invest in Unity Bancorp guide.

About Unity Income Statement Analysis

Unity Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Unity Bancorp shareholders. The income statement also shows Unity investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Unity Bancorp Income Statement Chart

At this time, Unity Bancorp's Net Income is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 14 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 1.3 M in 2024.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Tax Provision

Total Revenue

Total revenue comprises all receipts Unity Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Unity Bancorp minus its cost of goods sold. It is profit before Unity Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Unity Bancorp. It is also known as Unity Bancorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most accounts from Unity Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 estimate.

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 Net Income is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 14 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 1.3 M in 2024.

	2022	2023	2024 (projected)
Interest Expense	10.6M	48.5M	50.9M
Depreciation And Amortization	1.4M	2.4M	1.3M

Interest Expense Depreciation And Amortization

Unity Bancorp income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Cost Of Revenue	Selling And Marketing Expenses	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.51	0.69	0.66	0.66	0.35	0.62	0.64	0.65	-0.07	0.6	0.3	0.62	0.51	0.26	0.76	0.67	0.51	0.68	0.74	0.65	0.51
Interest Expense	0.51		0.72	0.69	0.69	0.26	0.61	0.66	0.66	0.42	0.68	0.85	0.69	0.64	0.08	0.36	0.47	0.53	0.6	0.7	0.66	0.92
Selling General Administrative	0.69	0.72		0.99	0.99	0.3	0.93	0.94	0.95	0.04	0.95	0.54	0.95	0.91	0.19	0.64	0.83	0.8	0.88	0.86	0.83	0.59
Total Revenue	0.66	0.69	0.99		1.0	0.23	0.96	0.97	0.97	0.03	0.98	0.53	0.98	0.94	0.22	0.64	0.87	0.85	0.92	0.89	0.86	0.57
Gross Profit	0.66	0.69	0.99	1.0		0.23	0.96	0.97	0.97	0.03	0.98	0.53	0.98	0.94	0.22	0.64	0.87	0.85	0.92	0.89	0.86	0.57
Other Operating Expenses	0.35	0.26	0.3	0.23	0.23		0.05	0.13	0.13	-0.17	0.17	0.38	0.14	0.23	-0.13	0.19	0.2	0.17	0.11	0.19	-0.11	0.25
Operating Income	0.62	0.61	0.93	0.96	0.96	0.05		0.99	0.99	0.0	0.98	0.44	0.98	0.93	0.28	0.68	0.88	0.85	0.93	0.88	0.89	0.51
Ebit	0.64	0.66	0.94	0.97	0.97	0.13	0.99		1.0	0.0	0.98	0.48	0.99	0.93	0.27	0.7	0.88	0.84	0.92	0.89	0.87	0.54
Ebitda	0.65	0.66	0.95	0.97	0.97	0.13	0.99	1.0		0.01	0.98	0.49	0.99	0.93	0.27	0.7	0.88	0.83	0.92	0.89	0.87	0.55
Total Operating Expenses	-0.07	0.42	0.04	0.03	0.03	-0.17	0.0	0.0	0.01		0.04	0.49	0.01	0.15	-0.69	-0.09	-0.22	0.08	-0.05	0.03	0.09	0.53
Income Before Tax	0.6	0.68	0.95	0.98	0.98	0.17	0.98	0.98	0.98	0.04		0.55	1.0	0.96	0.24	0.64	0.89	0.89	0.94	0.9	0.85	0.58
Total Other Income Expense Net	0.3	0.85	0.54	0.53	0.53	0.38	0.44	0.48	0.49	0.49	0.55		0.52	0.61	-0.17	0.26	0.4	0.5	0.42	0.54	0.4	0.78
Net Income	0.62	0.69	0.95	0.98	0.98	0.14	0.98	0.99	0.99	0.01	1.0	0.52		0.94	0.28	0.65	0.9	0.86	0.94	0.91	0.87	0.58
Income Tax Expense	0.51	0.64	0.91	0.94	0.94	0.23	0.93	0.93	0.93	0.15	0.96	0.61	0.94		0.08	0.59	0.81	0.93	0.88	0.84	0.77	0.56
Cost Of Revenue	0.26	0.08	0.19	0.22	0.22	-0.13	0.28	0.27	0.27	-0.69	0.24	-0.17	0.28	0.08		0.21	0.38	0.23	0.41	0.37	0.37	0.02
Selling And Marketing Expenses	0.76	0.36	0.64	0.64	0.64	0.19	0.68	0.7	0.7	-0.09	0.64	0.26	0.65	0.59	0.21		0.76	0.54	0.66	0.68	0.59	0.34
Net Income From Continuing Ops	0.67	0.47	0.83	0.87	0.87	0.2	0.88	0.88	0.88	-0.22	0.89	0.4	0.9	0.81	0.38	0.76		0.81	0.92	0.9	0.8	0.42
Tax Provision	0.51	0.53	0.8	0.85	0.85	0.17	0.85	0.84	0.83	0.08	0.89	0.5	0.86	0.93	0.23	0.54	0.81		0.92	0.88	0.77	0.57
Net Interest Income	0.68	0.6	0.88	0.92	0.92	0.11	0.93	0.92	0.92	-0.05	0.94	0.42	0.94	0.88	0.41	0.66	0.92	0.92		0.97	0.92	0.59
Interest Income	0.74	0.7	0.86	0.89	0.89	0.19	0.88	0.89	0.89	0.03	0.9	0.54	0.91	0.84	0.37	0.68	0.9	0.88	0.97		0.92	0.72
Reconciled Depreciation	0.65	0.66	0.83	0.86	0.86	-0.11	0.89	0.87	0.87	0.09	0.85	0.4	0.87	0.77	0.37	0.59	0.8	0.77	0.92	0.92		0.63
Extraordinary Items	0.51	0.92	0.59	0.57	0.57	0.25	0.51	0.54	0.55	0.53	0.58	0.78	0.58	0.56	0.02	0.34	0.42	0.57	0.59	0.72	0.63

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Unity Bancorp Account Relationship Matchups

Unity Bancorp income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.9M	1.6M	1.6M	1.4M	2.4M	1.3M
Interest Expense	18.1M	14.5M	7.7M	10.6M	48.5M	50.9M
Selling General Administrative	21.6M	24.6M	26.4M	28.9M	31.6M	33.2M
Total Revenue	66.8M	75.0M	87.3M	97.6M	100.0M	105.0M
Gross Profit	66.8M	75.0M	87.3M	97.6M	100.0M	105.0M
Other Operating Expenses	36.5M	43.8M	39.2M	1.2M	41.8M	26.9M
Operating Income	30.3M	31.1M	48.1M	62.1M	53.0M	55.6M
Ebit	30.3M	31.4M	48.1M	52.8M	53.0M	55.6M
Ebitda	31.9M	33.0M	49.7M	54.2M	55.4M	58.1M
Total Operating Expenses	(36.5M)	(43.8M)	(39.2M)	1.2M	41.8M	43.8M
Income Before Tax	30.3M	31.1M	48.1M	51.4M	53.0M	55.6M
Total Other Income Expense Net	30.3M	(5.0M)	(4.2M)	(3.7M)	53.0M	55.6M
Net Income	23.7M	23.6M	36.1M	38.5M	39.7M	41.7M
Income Tax Expense	6.7M	7.5M	12.0M	13.0M	13.3M	14.0M
Net Income Applicable To Common Shares	23.7M	23.6M	36.1M	38.5M	44.2M	46.4M
Selling And Marketing Expenses	1.4M	906K	1.2M	1.2M	1.4M	956.6K
Net Income From Continuing Ops	37.0M	23.6M	36.1M	38.5M	39.9M	21.2M
Tax Provision	6.7M	7.5M	12.0M	13.0M	13.7M	9.8M
Net Interest Income	57.6M	64.4M	77.0M	90.1M	95.7M	68.0M
Interest Income	75.6M	78.9M	84.8M	100.7M	136.1M	84.0M
Reconciled Depreciation	1.6M	1.9M	1.6M	2.8M	2.7M	2.2M

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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.

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Unity Historical Income Statement

About Unity Income Statement Analysis

Unity Bancorp Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Tax Provision

Unity Bancorp income statement Correlations

Unity Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Unity Bancorp income statement Accounts

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Gross Profit	+ 1.0	Total Revenue
Ebitda	+ 1.0	Ebit
Net Income	+ 1.0	Income Before Tax
Total Revenue	+ 0.99	Selling General Administrative
Gross Profit	+ 0.99	Selling General Administrative
Ebit	+ 0.99	Operating Income

Cost Of Revenue	- 0.69	Total Operating Expenses
Net Income From Continuing Ops	- 0.22	Total Operating Expenses
Cost Of Revenue	- 0.17	Total Other Income Expense Net
Total Operating Expenses	- 0.17	Other Operating Expenses
Cost Of Revenue	- 0.13	Other Operating Expenses
Reconciled Depreciation	- 0.11	Other Operating Expenses