Unity Bancorp, Inc. is a bank holding company that serves as a holding company for Unity Bank (the Bank). The Company's primary business is ownership and supervision of the Bank. The Company, through the Bank, conducts a traditional and community-oriented commercial banking business and offers services, such as personal and business checking accounts, time deposits, money market accounts and regular savings accounts. It engages in lending activities and offers commercial, small business administration, consumer, mortgage, home equity and personal loans. The Bank is a full-service commercial bank, that provides business and consumer financial services through its office in Clinton, New Jersey and over 14 New Jersey branches located in Clinton, Edison, Flemington, Highland Park, Linden, Middlesex, North Plainfield, Phillipsburg, Scotch Plains, Somerset, South Plainfield, Union, Washington and Whitehouse. The Bank has over one Pennsylvania branch located in Forks Township.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Money Center Banks
- Sub-Industry: N/A
- Symbol: NASDAQ:UNTY
- CUSIP: N/A
- Web: www.unitybank.com
- Market Cap: $170.44 million
- Outstanding Shares: 10,534,000
- 52 Week Range: $10.43 - $18.00
Sales & Book Value:
- Trailing P/E Ratio:
- P/E Growth:
- Annual Revenue: $47.37 million
- Price / Sales: 3.60
- Book Value: $10.38 per share
- Price / Book: 1.56
- Annual Dividend: $0.20
- Dividend Yield: 1.5%
- Net Margins: 23.66%
- Return on Equity: 13.78%
- Return on Assets: 1.03%
- Debt-to-Equity Ratio: 1.42%
- Current Ratio: 1.09%
- Quick Ratio: 1.09%
- Average Volume: 15,176 shs.
- Beta: 0.37
- Short Ratio: 2.16
Frequently Asked Questions for Unity Bancorp (NASDAQ:UNTY)
What is Unity Bancorp's stock symbol?
Unity Bancorp trades on the NASDAQ under the ticker symbol "UNTY."
How often does Unity Bancorp pay dividends? What is the dividend yield for Unity Bancorp?
Unity Bancorp announced a quarterly dividend on Monday, May 1st. Investors of record on Thursday, June 15th will be paid a dividend of $0.06 per share on Thursday, June 29th. This represents a $0.24 annualized dividend and a yield of 1.48%. The ex-dividend date of this dividend is Tuesday, June 13th. This is an increase from Unity Bancorp's previous quarterly dividend of $0.05. View Unity Bancorp's Dividend History.
How were Unity Bancorp's earnings last quarter?
Unity Bancorp, Inc. (NASDAQ:UNTY) issued its quarterly earnings results on Monday, April, 24th. The company reported $0.30 earnings per share (EPS) for the quarter. The business earned $12.59 million during the quarter. Unity Bancorp had a return on equity of 13.78% and a net margin of 23.66%. View Unity Bancorp's Earnings History.
When will Unity Bancorp make its next earnings announcement?
Who are some of Unity Bancorp's key competitors?
Some companies that are related to Unity Bancorp include Bancorp (TBBK), United Insurance Holdings Corp (UIHC), Dynex Capital (DX), Ocwen Financial Corp (OCN), eHealth (EHTH), Community Healthcare Trust (CHCT), Farmland Partners (FPI), Capital City Bank Group (CCBG), Bluerock Residential Growth REIT (BRG), Macatawa Bank (MCBC), American National BankShares (AMNB), Marlin Business Services Corp. (MRLN), Old Line Bancshares, Inc. (MD) (OLBK), NEWTEK Business Services Corp (NEWT), Western New England Bancorp (WNEB), Resource Capital Corp. (RSO), Consolidated-Tomoka Land (CTO) and Farmers Capital Bank Corp (FFKT).
How do I buy Unity Bancorp stock?
Shares of Unity Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Unity Bancorp stock cost?
One share of Unity Bancorp stock can currently be purchased for approximately $16.18.
Consensus Ratings for Unity Bancorp (NASDAQ:UNTY) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Unity Bancorp (NASDAQ:UNTY)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Unity Bancorp (NASDAQ:UNTY)Earnings History by Quarter for Unity Bancorp (NASDAQ:UNTY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/24/2017|| || || || || || || || |
|4/24/2017||Q1 2017||$0.30||$12.59 million||View||N/A|
Earnings Estimates for Unity Bancorp (NASDAQ:UNTY)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Unity Bancorp (NASDAQ:UNTY)
|Payout Ratio:||14.53% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for Unity Bancorp (NASDAQ:UNTY)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Unity Bancorp (NASDAQ:UNTY)
Insider Ownership Percentage: 32.87%Insider Trades by Quarter for Unity Bancorp (NASDAQ:UNTY)
Institutional Ownership Percentage: 35.69%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/13/2016||Peter E Maricondo||Director||Buy||1,000||$12.46||$12,460.00|| |
|6/8/2016||Donald E Jr. Souders||Director||Sell||2,700||$12.12||$32,724.00|| |
|2/5/2016||Alan J. Bedner||CFO||Buy||1,950||$10.35||$20,182.50|| |
|2/4/2016||James A. Hughes||CEO||Buy||1,900||$10.50||$19,950.00|| |
|12/9/2015||Mary E Gross||Director||Sell||2,600||$11.02||$28,652.00|| |
|9/15/2015||Alan J Bedner||CFO||Sell||3,000||$9.75||$29,250.00|| |
|4/30/2015||James A Hughes||CEO||Buy||2,150||$9.31||$20,016.50|| |
|10/30/2014||Alan J Bedner||CFO||Sell||8,490||$9.05||$76,834.50|| |
|9/2/2014||Aaron Tucker||Director||Buy||14,600||$8.30||$121,180.00|| |
|9/2/2014||David D Dallas||Chairman||Buy||165,156||$8.30||$1,370,794.80|| |
|9/2/2014||James A Hughes||CEO||Buy||5,000||$8.30||$41,500.00|| |
|11/19/2013||David D Dallas||Chairman||Buy||31,148||$7.70||$239,839.60|| |
|5/31/2013||Alan J Bedner||CFO||Sell||3,600||$6.91||$24,876.00|| |
Headline Trends for Unity Bancorp (NASDAQ:UNTY)
Latest Headlines for Unity Bancorp (NASDAQ:UNTY)
|Unity Bancorp, Inc. (UNTY) Plans Quarterly Dividend of $0.06|
www.americanbankingnews.com - May 1 at 8:38 PM
|Unity Bancorp (UNTY) Getting Positive Press Coverage, Analysis Finds|
www.americanbankingnews.com - April 28 at 2:32 PM
|Unity Bancorp, Inc. (UNTY) Posts Earnings Results|
www.americanbankingnews.com - April 25 at 11:29 AM
|Unity Bancorp (UNTY) Given News Impact Score of 0.42|
www.americanbankingnews.com - April 25 at 11:12 AM
|Unity Bancorp posts 1Q profit|
marketbeat.com - April 24 at 6:18 AM
|Somewhat Positive Media Coverage Somewhat Likely to Effect Unity Bancorp (UNTY) Share Price|
www.americanbankingnews.com - April 13 at 2:34 PM
|Unity Bancorp Inc (UNTY.OQ)|
www.reuters.com - September 1 at 7:54 PM
|9:00 am Unity Bancorp increases quarterly dividend to $0.05/share from $0.04/share|
finance.yahoo.com - August 29 at 8:13 AM
|Unity Bancorp Declares 25% Increase in Cash Dividend and a 10% Stock Dividend|
www.nasdaq.com - August 26 at 10:54 AM
|UNITY BANCORP INC /NJ/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits|
biz.yahoo.com - August 2 at 8:26 PM
|Unity Bancorp Reports 16% Increase in Quarterly Net Income|
www.nasdaq.com - July 25 at 8:26 AM
|UNITY BANCORP INC /NJ/ Files SEC form 8-K, Submission of Matters to a Vote of Security Holders|
biz.yahoo.com - April 29 at 12:01 PM
|UNITY BANCORP INC /NJ/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhib|
biz.yahoo.com - March 15 at 9:36 AM
|UNITY BANCORP INC /NJ/ Files SEC form 10-K, Annual Report|
biz.yahoo.com - March 4 at 10:36 AM
|Unity Bancorp Announces Repurchase of Subordinated Debentures|
finance.yahoo.com - February 29 at 10:00 AM
|Unity Bancorp Inc. (UNTY)|
finance.yahoo.com - January 29 at 3:30 PM
|Unity Bancorp posts 4Q profit|
www.cnbc.com - January 27 at 6:28 AM
|UNITY BANCORP INC /NJ/ Financials|
finance.yahoo.com - December 8 at 1:17 PM
|UNITY BANCORP INC /NJ/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits|
biz.yahoo.com - November 19 at 3:08 PM
|UNITY BANCORP INC /NJ/ Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - November 6 at 1:24 PM
|UNITY BANCORP INC /NJ/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibi|
biz.yahoo.com - October 27 at 11:02 AM
|UNITY BANCORP INC /NJ/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex|
biz.yahoo.com - October 21 at 2:24 PM
Unity Bancorp (UNTY) Chart for Thursday, May, 25, 2017