Unity Historical Income Statement

UNTY Stock  USD 46.67  0.06  0.13%   
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.
 
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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.
  
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 Total Other Income Expense Net is fairly stable compared to the past year. Net Income is likely to rise to about 41.7 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 1.3 M in 2024.

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.
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 Total Other Income Expense Net is fairly stable compared to the past year. Net Income is likely to rise to about 41.7 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 1.3 M in 2024.
 2022 2023 2024 (projected)
Interest Expense10.6M48.5M50.9M
Depreciation And Amortization1.4M2.4M1.3M

Unity Bancorp income statement Correlations

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Click cells to compare fundamentals

Unity Bancorp Account Relationship Matchups

Unity Bancorp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.9M1.6M1.6M1.4M2.4M1.3M
Interest Expense18.1M14.5M7.7M10.6M48.5M50.9M
Selling General Administrative21.6M24.6M26.4M28.9M31.6M33.2M
Total Revenue66.8M75.0M87.3M97.6M100.0M105.0M
Gross Profit66.8M75.0M87.3M97.6M100.0M105.0M
Other Operating Expenses36.5M43.8M39.2M1.2M98.6M103.6M
Operating Income30.3M31.1M48.1M62.1M53.0M55.6M
Ebit30.3M31.4M48.1M52.8M53.0M55.6M
Ebitda31.9M33.0M49.7M54.2M55.4M58.1M
Total Operating Expenses(36.5M)(43.8M)(39.2M)1.2M102.2M107.3M
Income Before Tax30.3M31.1M48.1M51.4M53.0M55.6M
Total Other Income Expense Net30.3M(5.0M)(4.2M)(3.7M)53.0M55.6M
Net Income23.7M23.6M36.1M38.5M39.7M41.7M
Income Tax Expense6.7M7.5M12.0M13.0M13.3M14.0M
Net Income Applicable To Common Shares23.7M23.6M36.1M38.5M44.2M46.4M
Selling And Marketing Expenses1.4M906K1.2M1.2M1.4M956.6K
Net Income From Continuing Ops37.0M23.6M36.1M38.5M39.9M21.2M
Tax Provision6.7M7.5M12.0M13.0M13.7M9.8M
Net Interest Income57.6M64.4M77.0M90.1M95.7M68.0M
Interest Income75.6M78.9M84.8M100.7M136.1M84.0M
Reconciled Depreciation1.6M1.9M1.6M2.8M2.7M2.2M

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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.