Unity Bancorp (UNTY) Stock Price, News & Analysis

Company Overview

Unity Bancorp, Inc. is the bank holding company for Unity Bank, a community-oriented financial institution founded in 1910 and headquartered in Kearny, New Jersey. With more than a century of service, the company has grown through a combination of organic expansion and strategic acquisitions, maintaining a focus on personalized banking relationships and local market knowledge. Unity Bancorp is backed by a seasoned board of directors and an executive leadership team committed to prudent risk management and long-term shareholder value.

Through Unity Bank, the company offers a full suite of commercial and retail banking products. Business clients can access commercial loans, lines of credit, equipment financing and SBA-guaranteed lending, as well as treasury management services tailored to the needs of small and mid-sized enterprises. Consumer banking services include checking and savings accounts, money market deposits, certificates of deposit and residential mortgage lending, supported by a team of mortgage specialists and consumer loan officers.

Unity Bancorp’s geographic footprint spans Northern New Jersey and the greater New York City metropolitan area, with branch locations in Bergen, Essex, Hudson and Passaic counties. The company also offers online and mobile banking platforms, enabling customers to manage deposits, payments, transfers and loan applications digitally. Its regional focus allows for close customer engagement and rapid decision-making in underwriting and service delivery.

The company’s leadership emphasizes community reinvestment and responsive customer service, underpinned by a strong capital position and disciplined credit approach. Unity Bancorp regularly participates in local economic development initiatives, supporting small business growth and affordable housing projects. By combining traditional banking values with modern digital tools, the institution aims to foster lasting relationships and sustainable growth in its core markets.

Key Stats

• Today's Range: $50.90 to $54.64
• 50-Day Range: $42.30 to $53.99
• 52-Week Range: $30.28 to $54.64
• Volume: 130,793 shs
• Average Volume: 38,108 shs
• Market Capitalization: $512.83 million
• P/E Ratio: 12.00
• Dividend Yield: 1.10%
• Price Target: $52.50
• Consensus Rating: Buy

Unity Bancorp Stock Analysis - MarketRank™

Unity Bancorp scored higher than 72% of companies evaluated by MarketBeat, and ranked 410th out of 933 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Unity Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Unity Bancorp has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 12.63%

Earnings Growth

Earnings for Unity Bancorp are expected to grow by 12.63% in the coming year, from $4.83 to $5.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Unity Bancorp is 12.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.86.

Price to Earnings Ratio vs. Sector

The P/E ratio of Unity Bancorp is 12.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.20.

Price to Book Value per Share Ratio

Unity Bancorp has a P/B Ratio of 1.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

85.20% of the float of Unity Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Unity Bancorp has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Unity Bancorp has recently increased by 8,132.88%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Unity Bancorp pays a meaningful dividend of 1.10%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Unity Bancorp has been increasing its dividend for 12 years.

Dividend Coverage

The dividend payout ratio of Unity Bancorp is 13.15%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Unity Bancorp will have a dividend payout ratio of 10.29% next year. This indicates that Unity Bancorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

85.20% of the float of Unity Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Unity Bancorp has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Unity Bancorp has recently increased by 8,132.88%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.64

News Sentiment

Unity Bancorp has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.94 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Unity Bancorp this week, compared to 2 articles on an average week.

Search Interest

4 people have searched for UNTY on MarketBeat in the last 30 days.

MarketBeat Follows

2 people have added Unity Bancorp to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Unity Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $54,960.00 in company stock.

Percentage Held by Insiders

29.68% of the stock of Unity Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

42.31% of the stock of Unity Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

UNTY Stock Analysis - Frequently Asked Questions

How have UNTY shares performed this year?

Unity Bancorp's stock was trading at $43.61 on January 1st, 2025. Since then, UNTY shares have increased by 17.2% and is now trading at $51.13.

How were Unity Bancorp's earnings last quarter?

Unity Bancorp, Inc. (NASDAQ:UNTY) released its quarterly earnings results on Friday, April, 11th. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.12 by $0.01. The financial services provider earned $29.35 million during the quarter, compared to analysts' expectations of $28.81 million. Unity Bancorp had a trailing twelve-month return on equity of 14.99% and a net margin of 25.95%.

Who are Unity Bancorp's major shareholders?

Unity Bancorp's top institutional shareholders include Delphi Management Inc. MA (0.30%). Insiders that own company stock include David D Dallas, James A Hughes, Wayne Courtright, Mark S Brody, John J Kauchak, Peter E Maricondo, Mary E Gross, David G Bove, Donald E Jr Souders, Vincent Geraci, George Boyan, James Joseph Donovan and Minsu Kim.
View institutional ownership trends.

How do I buy shares of Unity Bancorp?

Shares of UNTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Unity Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Unity Bancorp investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), ServiceNow (NOW), Adobe (ADBE) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 4/11/2025
• Record date for 6/20 Dividend: 6/06/2025
• Ex-Dividend for 6/20 Dividend: 6/06/2025
• Dividend Payable: 6/20/2025
• Today: 7/13/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - NORTHEAST
• Sub-Industry: Banking
• Current Symbol: NASDAQ:UNTY
• CIK: 920427
• Web: www.unitybank.com
• Phone: (908) 730-7630
• Fax: 908-730-9430
• Employees: 230
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Unity Bancorp: $52.50
• High Price Target: $55.00
• Low Price Target: $50.00
• Potential Upside/Downside: +2.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.26
• Trailing P/E Ratio: 12.00
• Forward P/E Ratio: 10.59
• P/E Growth: N/A
• Net Income: $41.45 million
• Net Margins: 25.95%
• Pretax Margin: 34.06%
• Return on Equity: 14.99%
• Return on Assets: 1.63%

Debt

• Debt-to-Equity Ratio: 0.83
• Current Ratio: 1.15
• Quick Ratio: 1.15

Sales & Book Value

• Annual Sales: $164.21 million
• Price / Sales: 3.12
• Cash Flow: $4.39 per share
• Price / Cash Flow: 11.66
• Book Value: $29.60 per share
• Price / Book: 1.73

Miscellaneous

• Outstanding Shares: 10,030,000
• Free Float: 7,054,000
• Market Cap: $512.83 million
• Optionable: Optionable
• Beta: 0.72