Unity Bancorp (UNTY) to Release Earnings on Friday

Unity Bancorp (NASDAQ:UNTY - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Friday, July 11th. Analysts expect Unity Bancorp to post earnings of $1.17 per share and revenue of $30.30 million for the quarter.

Unity Bancorp (NASDAQ:UNTY - Get Free Report) last issued its quarterly earnings results on Friday, April 11th. The financial services provider reported $1.13 EPS for the quarter, beating analysts' consensus estimates of $1.12 by $0.01. The company had revenue of $29.35 million for the quarter, compared to analyst estimates of $28.81 million. Unity Bancorp had a return on equity of 14.99% and a net margin of 25.95%. During the same period last year, the company earned $0.93 earnings per share. On average, analysts expect Unity Bancorp to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Unity Bancorp Price Performance

Shares of UNTY opened at $52.29 on Friday. The firm has a market capitalization of $524.42 million, a price-to-earnings ratio of 12.27 and a beta of 0.72. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.15 and a current ratio of 1.15. The stock's fifty day moving average is $44.43 and its 200-day moving average is $44.21. Unity Bancorp has a one year low of $26.27 and a one year high of $52.26.

Unity Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Friday, June 6th were paid a dividend of $0.14 per share. The ex-dividend date was Friday, June 6th. This represents a $0.56 annualized dividend and a yield of 1.07%. Unity Bancorp's payout ratio is 13.15%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on UNTY shares. Piper Sandler lowered their price objective on shares of Unity Bancorp from $54.00 to $50.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. Wall Street Zen cut Unity Bancorp from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th.

Insider Activity

In other news, Director Donald E. Jr. Souders sold 1,333 shares of Unity Bancorp stock in a transaction that occurred on Thursday, April 24th. The shares were sold at an average price of $41.23, for a total value of $54,959.59. Following the transaction, the director owned 8,477 shares of the company's stock, valued at $349,506.71. The trade was a 13.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 29.68% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Strs Ohio acquired a new position in shares of Unity Bancorp in the 1st quarter worth $49,000. Empowered Funds LLC grew its holdings in shares of Unity Bancorp by 7.2% in the 1st quarter. Empowered Funds LLC now owns 37,456 shares of the financial services provider's stock worth $1,524,000 after acquiring an additional 2,524 shares during the last quarter. AQR Capital Management LLC increased its stake in Unity Bancorp by 70.8% in the 1st quarter. AQR Capital Management LLC now owns 11,419 shares of the financial services provider's stock worth $465,000 after purchasing an additional 4,732 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in Unity Bancorp in the 1st quarter worth about $283,000. Institutional investors and hedge funds own 42.31% of the company's stock.

Unity Bancorp Company Profile

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.

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