Unity Bancorp, Inc. operates as a bank holding company for Unity Bank that provides a range of business and consumer financial services to individuals, small and medium sized businesses, and professional communities. The company offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts. It also provides commercial, small business administration, consumer, mortgage, home equity, and personal loans. As of February 22, 2018, the company offered its financial services through 18 retail service centers located in Bergen, Hunterdon, Middlesex, Somerset, Union, and Warren Counties in New Jersey, as well as Northampton County, Pennsylvania. Unity Bancorp, Inc. was founded in 1991 and is headquartered in Clinton, New Jersey.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:UNTY
CUSIPN/A
Phone908-730-7630
Debt
Debt-to-Equity Ratio1.55
Current Ratio1.16
Quick Ratio1.16
Price-To-Earnings
Trailing P/E Ratio14.94
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$63.58 million
Price / Sales3.92
Cash Flow$1.5377 per share
Price / Cash15.12
Book Value$11.13 per share
Price / Book2.09
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$12.89 million
Net Margins22.38%
Return on Equity14.20%
Return on Assets1.21%
Miscellaneous
Employees208
Outstanding Shares10,710,000
Unity Bancorp (NASDAQ:UNTY) Frequently Asked Questions
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, April 27th. Stockholders of record on Friday, June 15th will be paid a dividend of $0.07 per share on Friday, June 29th. This represents a $0.28 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Thursday, June 14th. This is a positive change from Unity Bancorp's previous quarterly dividend of $0.06. View Unity Bancorp's Dividend History.
How were Unity Bancorp's earnings last quarter?
Unity Bancorp, Inc. (NASDAQ:UNTY) announced its quarterly earnings results on Tuesday, April, 24th. The financial services provider reported $0.48 EPS for the quarter. The financial services provider had revenue of $15.16 million for the quarter. Unity Bancorp had a return on equity of 14.20% and a net margin of 22.38%. View Unity Bancorp's Earnings History.
Who are some of Unity Bancorp's key competitors?
Some companies that are related to Unity Bancorp include Lakeland Bancorp (LBAI), Republic Bancorp, Inc. KY Class A (RBCAA), Bryn Mawr Bank (BMTC), Carolina Financial (CARO), Community Trust Bancorp (CTBI), Guaranty Bancorp (GBNK), Stock Yards Bancorp (SYBT), TriCo Bancshares (TCBK), Origin Bancorp (OBNK), TrustCo Bank Corp NY (TRST), Central Pacific Financial (CPF), Preferred Bank (PFBC), German American Bancorp. (GABC), ConnectOne Bancorp (CNOB) and Univest Co. of Pennsylvania (UVSP).
Who are Unity Bancorp's key executives?
Unity Bancorp's management team includes the folowing people:
- Mr. David D. Dallas, Founder & Chairman (Age 63)
- Mr. James A. Hughes, Pres, CEO & Director (Age 59)
- Mr. Robert H. Dallas II, Founder & Director (Age 71)
- Mr. Alan J. Bedner Jr., Exec. VP & CFO (Age 47)
- Mr. John J. Kauchak, Exec. VP & COO (Age 65)
Has Unity Bancorp been receiving favorable news coverage?
News coverage about UNTY stock has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Unity Bancorp earned a media sentiment score of 0.09 on Accern's scale. They also assigned media coverage about the financial services provider an impact score of 45.67 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Unity Bancorp's major shareholders?
Unity Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.27%). Company insiders that own Unity Bancorp stock include James A Hughes and Peter E Maricondo. View Institutional Ownership Trends for Unity Bancorp.
Which institutional investors are buying Unity Bancorp stock?
UNTY stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP. Company insiders that have bought Unity Bancorp stock in the last two years include James A Hughes and Peter E Maricondo. View Insider Buying and Selling for Unity Bancorp.
How do I buy shares of Unity Bancorp?
Shares of UNTY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Unity Bancorp's stock price today?
One share of UNTY stock can currently be purchased for approximately $23.25.
How big of a company is Unity Bancorp?
Unity Bancorp has a market capitalization of $246.31 million and generates $63.58 million in revenue each year. Unity Bancorp employs 208 workers across the globe.
How can I contact Unity Bancorp?
Unity Bancorp's mailing address is 64 OLD HIGHWAY 22, CLINTON NJ, 08809. The financial services provider can be reached via phone at 908-730-7630 or via email at [email protected]
MarketBeat Community Rating for Unity Bancorp (UNTY)
MarketBeat's community ratings are surveys of what our community members think about Unity Bancorp and other stocks. Vote "Outperform" if you believe UNTY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UNTY will underperform the S&P 500 over the long term. You may vote once every thirty days.
