Unity Bancorp, Inc. operates as the holding company for Unity Bank that provides a range of banking products and 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 December 31, 2018, the company offered its financial services through 19 branch offices 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
Phone908-730-7630
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$85.19 million
Profitability
Miscellaneous
Employees190
Next Earnings Date4/16/2020 (Estimated)
OptionableNot Optionable
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 announced a quarterly dividend on Thursday, November 21st. Stockholders of record on Friday, December 13th will be given a dividend of $0.08 per share on Friday, December 27th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date is Thursday, December 12th. View Unity Bancorp's Dividend History.
How were Unity Bancorp's earnings last quarter?
Unity Bancorp, Inc. (NASDAQ:UNTY) announced its quarterly earnings data on Thursday, October, 17th. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.53 by $0.01. The financial services provider earned $17.11 million during the quarter, compared to the consensus estimate of $16.80 million. Unity Bancorp had a return on equity of 15.84% and a net margin of 27.77%. View Unity Bancorp's Earnings History.
When is Unity Bancorp's next earnings date?
What price target have analysts set for UNTY?
1 brokers have issued 1 year price targets for Unity Bancorp's stock. Their forecasts range from $24.00 to $24.00. On average, they expect Unity Bancorp's stock price to reach $24.00 in the next twelve months. This suggests a possible upside of 12.6% from the stock's current price. View Analyst Price Targets for Unity Bancorp.
What is the consensus analysts' recommendation for Unity Bancorp?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unity Bancorp in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Unity Bancorp.
Has Unity Bancorp been receiving favorable news coverage?
Headlines about UNTY stock have been trending extremely negative this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Unity Bancorp earned a media sentiment score of -4.5 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Unity Bancorp.
Are investors shorting Unity Bancorp?
Unity Bancorp saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 19,500 shares, a decline of 36.3% from the December 15th total of 30,600 shares. Based on an average daily trading volume, of 13,300 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.3% of the company's shares are sold short. View Unity Bancorp's Current Options Chain.
Who are some of Unity Bancorp's key competitors?
Some companies that are related to Unity Bancorp include German American Bancorp. (GABC), Republic Bancorp, Inc. KY (RBCAA), Stock Yards Bancorp (SYBT), Washington Trust Bancorp (WASH), ConnectOne Bancorp (CNOB), Lakeland Bancorp (LBAI), Oritani Financial (ORIT), Great Southern Bancorp (GSBC), Origin Bancorp (OBNK), Horizon Bancorp (HBNC), Community Trust Bancorp (CTBI), Central Pacific Financial (CPF), Bryn Mawr Bank (BMTC), HomeStreet (HMST) and TrustCo Bank Corp NY (TRST).
What other stocks do shareholders of Unity Bancorp own?
Who are Unity Bancorp's key executives?
Unity Bancorp's management team includes the folowing people:
- Mr. David D. Dallas, Founder & Chairman (Age 64)
- Mr. James A. Hughes, Pres, CEO & Director (Age 60)
- Mr. Robert H. Dallas II, Founder & Director (Age 72)
- Mr. Alan J. Bedner Jr., Exec. VP & CFO (Age 48)
- Mr. John J. Kauchak, Exec. VP & COO (Age 66)
Who are Unity Bancorp's major shareholders?
Unity Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.12%). Company insiders that own Unity Bancorp stock include Alan J Bedner, James A Hughes, John J Kauchak, Stephen Rooney and Wayne Courtright. View Institutional Ownership Trends for Unity Bancorp.
Which major investors are selling Unity Bancorp stock?
UNTY stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC. Company insiders that have sold Unity Bancorp company stock in the last year include Alan J Bedner, John J Kauchak, Stephen Rooney and Wayne Courtright. 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, Robinhood, Fidelity and Charles Schwab.
What is Unity Bancorp's stock price today?
One share of UNTY stock can currently be purchased for approximately $21.32.
How big of a company is Unity Bancorp?
Unity Bancorp has a market capitalization of $231.75 million and generates $85.19 million in revenue each year. The financial services provider earns $21.92 million in net income (profit) each year or $2.14 on an earnings per share basis. Unity Bancorp employs 190 workers across the globe.View Additional Information About Unity Bancorp.
What is Unity Bancorp's official website?
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 (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 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.
