Unity Bancorp (UNTY) Projected to Post Earnings on Wednesday

Key Points

• Unity Bancorp (UNTY) is set to release its Q2 2025 earnings on August 6th, with analysts expecting earnings of $1.17 per share and revenue of $30.30 million.
• In the previous quarter, Unity Bancorp reported earnings of $1.20 per share, exceeding estimates, and had a return on equity of 15.66% and a net margin of 28.72%.
• Unity Bancorp's stock price recently increased to $50.59, and analysts have varying price targets, ranging from $50.00 to $63.00.

Unity Bancorp (NASDAQ:UNTY - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of $1.17 per share and revenue of $30.30 million for the quarter.

Unity Bancorp (NASDAQ:UNTY - Get Free Report) last announced its quarterly earnings data on Tuesday, July 15th. The financial services provider reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.03. The business had revenue of $34.37 million for the quarter, compared to analyst estimates of $30.30 million. Unity Bancorp had a net margin of 28.72% and a return on equity of 15.66%. 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 Trading Down 2.6%

Shares of UNTY stock traded down $1.26 during trading hours on Friday, hitting $47.85. 84,730 shares of the company were exchanged, compared to its average volume of 72,401. The firm has a market cap of $479.94 million, a PE ratio of 9.69 and a beta of 0.78. Unity Bancorp has a 1 year low of $30.27 and a 1 year high of $54.64. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.83. The firm has a fifty day moving average of $47.80 and a 200 day moving average of $45.46.

Unity Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Friday, June 6th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, June 6th. Unity Bancorp's dividend payout ratio is presently 11.34%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of UNTY. AQR Capital Management LLC grew its position in Unity Bancorp by 70.8% in the first quarter. AQR Capital Management LLC now owns 11,419 shares of the financial services provider's stock valued at $465,000 after acquiring an additional 4,732 shares in the last quarter. Empowered Funds LLC grew its position in Unity Bancorp by 7.2% in the first quarter. Empowered Funds LLC now owns 37,456 shares of the financial services provider's stock valued at $1,524,000 after acquiring an additional 2,524 shares in the last quarter. Jane Street Group LLC acquired a new stake in Unity Bancorp in the first quarter valued at approximately $283,000. Finally, Strs Ohio acquired a new stake in Unity Bancorp in the first quarter valued at approximately $49,000. Hedge funds and other institutional investors own 42.31% of the company's stock.

Wall Street Analysts Forecast Growth

UNTY has been the topic of several recent analyst reports. Keefe, Bruyette & Woods increased their price objective on shares of Unity Bancorp from $55.00 to $63.00 and gave the stock an "outperform" rating in a report on Friday, July 18th. Wall Street Zen lowered shares of Unity Bancorp from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Finally, Piper Sandler cut their price target on shares of Unity Bancorp from $54.00 to $50.00 and set an "overweight" rating on the stock in a report on Monday, April 14th.

About Unity Bancorp

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.