Unity Bancorp Stock Today

UNTY Stock  USD 45.88  0.95  2.11%   

Performance

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Odds Of Distress

Less than 1

 
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Unity Bancorp is trading at 45.88 as of the 22nd of November 2024; that is 2.11 percent increase since the beginning of the trading day. The stock's open price was 44.93. Unity Bancorp has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Unity Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Banks
IPO Date
20th of January 1997
Category
Financial Services
Classification
Financials
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. The company has 9.99 M outstanding shares of which 23.72 K shares are at this time shorted by private and institutional investors with about 0.87 trading days to cover. More on Unity Bancorp

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Moving against Unity Stock

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Unity Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJames Hughes
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NASDAQ Composite, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01620.0154
Sufficiently Up
Slightly volatile
Asset Turnover0.0480.0388
Fairly Up
Very volatile
Non Current Liabilities Total2.4 B2.3 B
Sufficiently Up
Slightly volatile
Total Assets2.7 B2.6 B
Sufficiently Up
Slightly volatile
Total Current Assets118.4 M208.1 M
Way Down
Pretty Stable
Debt Levels
Unity Bancorp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Unity Bancorp's financial leverage. It provides some insight into what part of Unity Bancorp's total assets is financed by creditors.
Liquidity
Unity Bancorp currently holds 366.75 M in liabilities with Debt to Equity (D/E) ratio of 12.83, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Unity Bancorp's use of debt, we should always consider it together with its cash and equity.

Net Income

41.69 Million
Unity Bancorp (UNTY) is traded on NASDAQ Exchange in USA. It is located in 64 Old Highway 22, Clinton, NJ, United States, 08809 and employs 222 people. Unity Bancorp is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 458.16 M. Unity Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 9.99 M outstanding shares of which 23.72 K shares are at this time shorted by private and institutional investors with about 0.87 trading days to cover. Unity Bancorp currently holds about 163.38 M in cash with 46.91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.51.
Check Unity Bancorp Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Unity Bancorp is $458.16 Million. Over half of Unity Bancorp's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Note, that even with substantial debt, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Unity Ownership Details

Unity Stock Institutional Holders

InstituionRecorded OnShares
Bridgeway Capital Management, Llc2024-06-30
75.6 K
American Century Companies Inc2024-09-30
63.9 K
Northern Trust Corp2024-09-30
62.4 K
Kennedy Capital Management Inc2024-06-30
59.4 K
John W. Rosenthal Capital Management, Inc.2024-06-30
52 K
Jpmorgan Chase & Co2024-06-30
49.2 K
Goldman Sachs Group Inc2024-06-30
37.6 K
Bank Of New York Mellon Corp2024-06-30
35.1 K
Empowered Funds, Llc2024-06-30
31.7 K
Banc Funds Co Llc2024-06-30
941 K
Dimensional Fund Advisors, Inc.2024-09-30
489 K
View Unity Bancorp Diagnostics

Unity Bancorp Historical Income Statement

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. View More Fundamentals

Unity Stock Against Markets

Unity Bancorp Corporate Management

John KauchakChief Operations Officer, Executive VP, Chief Operations Officer of Unity Bank and Executive VP of Unity BankProfile
Michelle KirmserFirst CounselProfile
Vincent GeraciFirst LendingProfile
James DaviesSenior ControllerProfile

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.