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: Commercial Banks
- Sub-Industry: N/A
- Symbol: NASDAQ:UNTY
- CUSIP: N/A
- Web: www.unitybank.com
Capitalization:- Market Cap: $196.54 million
- Outstanding Shares: 10,566,000
Average Prices:- 50 Day Moving Avg: $17.67
- 200 Day Moving Avg: $17.01
- 52 Week Range: $11.85 - $18.90
P/E:- Trailing P/E Ratio: 14.76
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $48.97 million
- Price / Sales: 4.07
- Book Value: $10.64 per share
- Price / Book: 1.77
Dividend:- Annual Dividend: $0.24
- Dividend Yield: 1.3%
Profitability:- Net Margins: 21.65%
- Return on Equity: 12.32%
- Return on Assets: 1.06%
Debt:- Debt-to-Equity Ratio: 1.35%
- Current Ratio: 1.13%
- Quick Ratio: 1.13%
Misc:- Average Volume: 24,100 shs.
- Beta: 0.44
- Short Ratio: 16.48
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 declared a quarterly dividend on Friday, August 25th. Investors of record on Friday, September 15th will be paid a dividend of $0.06 per share on Friday, September 29th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Thursday, September 14th. View Unity Bancorp's Dividend History.
How were Unity Bancorp's earnings last quarter?
Unity Bancorp, Inc. (NASDAQ:UNTY) posted its earnings results on Tuesday, July, 25th. The company reported $0.32 EPS for the quarter. The company earned $13.17 million during the quarter. Unity Bancorp had a net margin of 21.65% and a return on equity of 12.32%. 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 Southern National Bancorp of Virginia (SONA), Old Second Bancorp (OSBC), Guaranty Bancshares (GNTY), Macatawa Bank Corporation (MCBC), Western New England Bancorp (WNEB), Summit Financial Group (SMMF), MutualFirst Financial (MFSF), Charter Financial Corp. (CHFN), Southern First Bancshares (SFST), Central Valley Community Bancorp (CVCY), Northrim BanCorp (NRIM), Civista Bancshares (CIVB), Orrstown Financial Services (ORRF), Investar Holding Corporation (ISTR), LCNB Corporation (LCNB), Capstar Financial Holdings (CSTR), First Business Financial Services (FBIZ) and Two River Bancorp (TRCB).
Who are Unity Bancorp's key executives?
Unity Bancorp's management team includes the folowing people:
- David D. Dallas, Chairman of the Board of the Company and Bank
- James Alton Hughes, President, Chief Executive Officer, Director of the Company and the Bank
- Allen Tucker, Independent Vice Chairman of the Board of the Company and the Bank
- Alan J. Bedner, Chief Financial Officer, Executive Vice President of the Company and the Bank
- John J. Kauchak, Chief Operating Officer, Executive Vice President of the Company and the Bank
- Robert H. Dallas II, Director of the Company and the Bank
- Donald E. Souders Jr., Esq., Director
- Aaron Thomas Tucker Jr., Director
- Mark S. Brody, Independent Director of the Company and the Bank
- Wayne Courtright, Independent Director of the Company and the Bank
Who owns Unity Bancorp stock?
Unity Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Banc Funds Co. LLC (9.24%), Vanguard Group Inc. (2.80%), Dimensional Fund Advisors LP (2.74%), Royce & Associates LP (2.14%), Alliancebernstein L.P. (2.02%) and Emerald Mutual Fund Advisers Trust (1.60%). Company insiders that own Unity Bancorp stock include Alan J Bedner, Donald E Jr Souders, James A Hughes, Mary E Gross and Peter E Maricondo. View Institutional Ownership Trends for Unity Bancorp.
Who sold Unity Bancorp stock? Who is selling Unity Bancorp stock?
Who bought Unity Bancorp stock? Who is buying Unity Bancorp stock?
Unity Bancorp's stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Northern Trust Corp, Bank of New York Mellon Corp, TIAA CREF Investment Management LLC, Vanguard Group Inc., Dimensional Fund Advisors LP, Schwab Charles Investment Management Inc. and California State Teachers Retirement System. Company insiders that have bought Unity Bancorp stock in the last two years include Alan J Bedner, James A Hughes and Peter E Maricondo. View Insider Buying and Selling for Unity Bancorp.
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.
What is Unity Bancorp's stock price today?
One share of Unity Bancorp stock can currently be purchased for approximately $18.85.
MarketBeat Community Rating for Unity Bancorp (NASDAQ UNTY)MarketBeat's community ratings are surveys of what our community members think about Unity Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Unity Bancorp (NASDAQ:UNTY) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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)
Show:
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)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/23/2017 | | | | | | | N/A |  |
| 7/25/2017 | Q2 2017 | | $0.32 | | $13.17 million | View | N/A | |
| 4/24/2017 | Q1 2017 | | $0.30 | | $12.59 million | View | N/A | |
| 7/25/2016 | Q2 | | $0.33 | | $11.58 million | View | N/A | |
| 4/25/2016 | Q1 | | $0.48 | | $11.00 million | View | N/A | |
| 1/27/2016 | Q4 | | $0.31 | | $10.90 million | View | N/A | |
| 7/20/2015 | Q2 | | $0.28 | | $10.26 million | View | N/A | |
| 4/22/2015 | Q115 | | $0.23 | | $9.66 million | View | N/A | |
| 10/23/2014 | Q3 | | $0.24 | | $9.49 million | View | N/A | |
| 1/30/2014 | Q4 | | $0.17 | | | View | N/A | |
| 10/24/2013 | Q3 13 | | $0.15 | | | View | N/A | |
(Data available from 1/1/2011 forward)
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)| Next Dividend: | 9/29/2017 |
| Annual Dividend: | $0.24 |
| Dividend Yield: | 1.27% |
| Payout Ratio: | 19.05% (Trailing 12 Months of Earnings)
|
Dividend History by Quarter for Unity Bancorp (NASDAQ UNTY)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/25/2017 | quarterly | $0.06 | 1.37% | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 5/1/2017 | quarterly | $0.06 | 1.48% | 6/13/2017 | 6/15/2017 | 6/29/2017 |
| 2/24/2017 | quarterly | $0.05 | 1.18% | 3/15/2017 | 3/17/2017 | 3/31/2017 |
| 11/21/2016 | quarterly | $0.05 | 1.47% | 12/14/2016 | 12/16/2016 | 12/30/2016 |
| 8/26/2016 | Quarterly | $0.05 | | 9/9/2016 | 9/13/2016 | 9/29/2016 |
| 5/27/2016 | quarterly | $0.04 | 1.36% | 6/14/2016 | 6/16/2016 | 6/30/2016 |
| 2/29/2016 | quarterly | $0.04 | 1.57% | 3/15/2016 | 3/17/2016 | 3/31/2016 |
| 11/20/2015 | quarterly | $0.04 | 1.57% | 12/11/2015 | 12/15/2015 | 12/30/2015 |
| 8/28/2015 | quarterly | $0.04 | 1.58% | 9/11/2015 | 9/15/2015 | 9/30/2015 |
| 5/27/2015 | quarterly | $0.03 | 1.3% | 6/11/2015 | 6/15/2015 | 6/30/2015 |
| 3/2/2015 | quarterly | $0.03 | 1.25% | 3/12/2015 | 3/16/2015 | 3/31/2015 |
| 11/20/2014 | quarterly | $0.03 | 1.31% | 12/4/2014 | 12/8/2014 | 12/19/2014 |
| 8/28/2014 | quarterly | $0.03 | 1.34% | 9/10/2014 | 9/12/2014 | 9/26/2014 |
| 5/29/2014 | quarterly | $0.02 | 0.93% | 6/11/2014 | 6/13/2014 | 6/27/2014 |
| 2/27/2014 | quarterly | $0.02 | 1.02% | 3/13/2014 | 3/17/2014 | 3/31/2014 |
| 11/21/2013 | quarterly | $0.01 | 0.52% | 12/12/2013 | 12/16/2013 | 12/30/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Unity Bancorp (NASDAQ:UNTY)Insider Ownership Percentage: 29.63%
Institutional Ownership Percentage: 47.37%
Insider Trades by Quarter for Unity Bancorp (NASDAQ:UNTY)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/10/2017 | James A. Hughes | CEO | Buy | 875 | $16.95 | $14,831.25 | |
| 8/8/2017 | Peter E. Maricondo | Director | Buy | 1,000 | $18.10 | $18,100.00 | |
| 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 | |
(Data available from 1/1/2013 forward)
Headline Trends for Unity Bancorp (NASDAQ:UNTY)
Latest Headlines for Unity Bancorp (NASDAQ:UNTY)
| Source: |
|
| Date | Headline |
|---|
 | ETFs with exposure to Unity Bancorp, Inc. : September 14, 2017
finance.yahoo.com - September 15 at 10:48 AM |
| Unity Bancorp, Inc. :UNTY-US: Earnings Analysis: Q2, 2017 By the Numbers : September 12, 2017
finance.yahoo.com - September 13 at 10:48 AM |
| Unity Bank To Open New Branches in Bethlehem, Pa. and Ramsey
finance.yahoo.com - August 30 at 10:36 AM |
 | Unity Bancorp, Inc. (UNTY) Plans $0.06 Quarterly Dividend
www.americanbankingnews.com - August 25 at 6:52 PM |
| Insider Buying: Unity Bancorp, Inc. (UNTY) CEO Acquires 875 Shares of Stock
www.americanbankingnews.com - August 11 at 4:42 PM |
| Peter E. Maricondo Purchases 1,000 Shares of Unity Bancorp, Inc. (UNTY) Stock
www.americanbankingnews.com - August 10 at 4:48 PM |
| Unity Bancorp, Inc. (UNTY) Posts Earnings Results
www.americanbankingnews.com - July 26 at 11:39 AM |
| Unity Bancorp, Inc. (NASDAQ:UNTY) Set to Announce Earnings on Monday
www.americanbankingnews.com - July 22 at 10:22 AM |
 | How To Get A Better Bargain On Your Investment With Emerging Europe
www.forbes.com - July 21 at 8:18 AM |
 | How Tata’s New Chairman Plans to Fix India’s Biggest Company
fortune.com - July 21 at 8:18 AM |
| ETFs with exposure to Unity Bancorp, Inc. : June 8, 2017
finance.yahoo.com - June 26 at 2:19 PM |
| Unity Bancorp, Inc. : UNTY-US: Dividend Analysis : June 15th, 2017 (record date) : By the numbers : June 14, 2017
finance.yahoo.com - June 26 at 2:19 PM |
| Unity Bancorp, Inc. (UNTY) Upgraded to Buy by ValuEngine
www.americanbankingnews.com - June 2 at 9:50 PM |
| 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 (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 Tuesday, September, 19, 2017
