Unity Bancorp, Inc. UNTY
Nov 4, 2026, 11:08 AM EST
- YTD
- +15.08%
- 1 year
- +31.33%
- Market cap
- 599.25M
- Revenue (ttm)
- 100.81M
- Profit margin
- 39.39%
- EPS (ttm)
- 6.04
- Shares out
- 9.99M
- P/E ratio
- 9.85
- Forward P/E
- 9.50
- Dividend
- 0.52 (1.18%)
- Ex-dividend date
- Dec 12, 2024
- YTD return
- +15.08%
- 1-year return
- +31.33%
- Volume
- 22.82K
- Avg volume
- 53.71K
- Open
- 59.16
- Previous close
- 57.88
- Day's range
- 59.05 – 60.28
- 52-week range
- 45.17 – 61.82
- Beta
- 1.00
- Analysts
- Buy
- Price target
- 48.00 (-19.4%)
- Earnings date
- Jan 10, 2025
6M +5.63 (+10.54%)
Key statistics
- Enterprise value
- 520.86M
- PEG ratio
- 0.00
- Price / sales
- 4.29
- Price / book
- 1.52
- Dividend yield
- 1.18%
- Payout ratio
- 13.08%
- Revenue growth
- 6.20%
- Free cash flow
- 0
- Total cash
- 194.83M
- Total debt
- 277.11M
- Return on equity
- 14.80%
- Short % of float
- 0.43%
- 50-day average
- 43.17
- 200-day average
- 33.08
Analyst view
Consensus: buy
- Target (low)
- 40.00
- Target (mean)
- 48.00
- Target (high)
- 53.00
- Strong buy2
- Buy1
- Hold0
- Sell0
- Strong sell0
Next earnings
Jan 10, 2025
Expected Jan 10, 2025. Consensus EPS estimate 1.06.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Jan 10, 2025 | Dec 1, 2024 | 1.08 | — | — | — |
| Oct 11, 2024 | Sep 1, 2024 | 0.97 | 1.07 | +0.10 | +10.31% |
| Jul 12, 2024 | Jun 1, 2024 | 0.94 | 0.93 | -0.01 | -1.06% |
| Apr 12, 2024 | Mar 1, 2024 | 0.91 | 0.93 | +0.02 | +2.20% |
| Jan 12, 2024 | Dec 1, 2023 | 0.87 | 0.96 | +0.09 | +10.34% |
| Oct 13, 2023 | Sep 1, 2023 | 0.89 | 0.97 | +0.08 | +8.99% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Dec 4, 2024 | Keefe, Bruyette & Woods | main | Outperform | Outperform |
| Oct 14, 2024 | Piper Sandler | reit | Overweight | Overweight |
| Jul 15, 2024 | Keefe, Bruyette & Woods | reit | Outperform | Outperform |
| Apr 6, 2023 | Keefe, Bruyette & Woods | main | — | Outperform |
| Dec 15, 2022 | Janney Montgomery Scott | init | — | Buy |
| Apr 7, 2022 | Piper Sandler | init | — | Overweight |
About Unity Bancorp, Inc.
Unity Bancorp, Inc. operates as a bank holding company for Unity Bank that provides range of commercial and retail banking services to individuals, small and medium sized businesses, and professional communities. It offers personal and business checking accounts, time deposits, money market accounts, savings accounts, and retirement accounts, as well as noninterest and interest-bearing demand deposits. The company also provides small business administration loans; commercial loans; and residential mortgage and consumer loans, including residential real estate, home equity lines and loans, and residential construction lines, as well as personal loans. In addition, it offers credit and debit cards, wire transfer, safe deposit box, automated teller, and internet and mobile banking services; and automated clearing house origination and remote deposit capture services. Unity Bancorp, Inc. was incorporated in 1991 and is headquartered in Clinton, New Jersey.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Country
- United States
- Website
- unitybank.com
News
Update: Unity Bancorp Q3 Adj. EPS $1.51 Misses $1.56 Estimate, Sales $36.650M Beat $35.663M Estimate 
Earnings Scheduled For October 13, 2026 
Unity Bancorp Q3 EPS $1.70 Beats $1.55 Estimate, Sales $36.650M Beat $35.663M Estimate - Unity Bancorp CEO James A. Hughes Plans To Retire, Effective March 31, 2027; President George Boyan Named Successor, Effective April 1, 2027
Unity Bancorp Purchases $27.60M Federal Investment Tax Credits On Sept 10, 2026; Purchases Tax Credits For $25.10M At $0.91 Per Dollar; Expects $2.50M Increase In Net Income In Q3 2026 
Unity Bancorp Raises Quarterly Dividend From $0.16 To $0.17 Per Share - Earnings Scheduled For July 14, 2026
- Unity Bancorp Q2 EPS $1.42 Misses $1.43 Estimate, Sales $33.748M Miss $34.616M Estimate
- Piper Sandler Maintains Overweight on Unity Bancorp, Raises Price Target to $68
This Unity Bancorp Analyst Begins Coverage On A Bullish Note; Here Are Top 4 Initiations For Friday
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BOVE DAVID G | Chief Technology Officer | Sale | Dec 12, 2024 | 3,525 |
| BOYAN GEORGE | Chief Financial Officer | Sale | Nov 21, 2024 | 47,644 |
| BRODY MARK S | Director | Sale | Nov 24, 2024 | 292,517 |
| COURTRIGHT WAYNE | Director | Conversion of Exercise of derivative security | Dec 3, 2024 | 114,821 |
| DONOVAN JAMES JOSEPH | Officer | Sale | Jul 25, 2024 | 4,666 |
| GERACI VINCENT | Officer | Sale | Nov 6, 2024 | 8,250 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Banc Funds Company, L.L.C. (The) | 8.41% | 840,044 | 36.40M | Sep 29, 2024 |
| Dimensional Fund Advisors LP | 4.90% | 488,992 | 21.19M | Sep 29, 2024 |
| Blackrock Inc. | 4.89% | 488,592 | 21.17M | Sep 29, 2024 |
| Vanguard Group Inc | 4.21% | 420,039 | 18.20M | Sep 29, 2024 |
| Alliancebernstein L.P. | 3.33% | 332,680 | 14.42M | Sep 29, 2024 |
| Wellington Management Group, LLP | 2.93% | 292,293 | 12.67M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 2.83% | 283,055 | 12.26M | Sep 29, 2024 |
| iShares Russell 2000 ETF | 2.20% | 219,567 | 9.51M | Oct 30, 2024 |
| Royce Capital Fund-Small Cap Portfolio | 1.44% | 143,440 | 6.22M | Sep 29, 2024 |
| Vanguard Extended Market Index Fund | 0.83% | 82,977 | 3.60M | Sep 29, 2024 |
| DFA U.S. Targeted Value Portfolio | 0.74% | 74,071 | 3.21M | Jul 30, 2024 |
| Fidelity Small Cap Index Fund | 0.72% | 72,315 | 3.13M | Aug 30, 2024 |