About Unity Bancorp (NASDAQ:UNTY)
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
Industry BANKS & THRIFTS
Trailing P/E Ratio18.5
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$63.58 million
Price / Sales3.73
Cash Flow$1.49 per share
Price / Cash14.86
Book Value$11.13 per share
Price / Book1.99
Net Income$12.89 million
Return on Equity12.84%
Return on Assets1.11%
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, February 23rd. Shareholders of record on Friday, March 16th will be paid a dividend of $0.06 per share on Friday, March 30th. This represents a $0.24 annualized dividend and a yield of 1.08%. The ex-dividend date is Thursday, March 15th. View Unity Bancorp's Dividend History.
How were Unity Bancorp's earnings last quarter?
Unity Bancorp, Inc. (NASDAQ:UNTY) issued its earnings results on Wednesday, January, 24th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter. The financial services provider had revenue of $14.54 million for the quarter. Unity Bancorp had a return on equity of 12.84% and a net margin of 20.28%. View Unity Bancorp's Earnings History.
Who are some of Unity Bancorp's key competitors?
Some companies that are related to Unity Bancorp include Arrow Financial (AROW), First Mid-Illinois Bancshares (FMBH), CNB Financial (CCNE), Atlantic Capital Bancshares (ACBI), Hingham Institution for Savings (HIFS), Capital City Bank Group (CCBG), Old Second Bancorp (OSBC), Franklin Financial Network (FSB), First Connecticut Bancorp (FBNK), Sierra Bancorp (BSRR), Century Bancorp (CNBKA), RBB Bancorp (RBB), Old Line Bancshares, Inc. (MD) (OLBK), MidWestOne Financial Group (MOFG), First Bancshares (FBMS), Enterprise Bancorp (EBTC), Home Bancorp (HBCP) and Farmers National Banc (FMNB).
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 (Age 60)
- James Alton Hughes, President, Chief Executive Officer, Director of the Company and the Bank (Age 54)
- Allen Tucker, Independent Vice Chairman of the Board of the Company and the Bank (Age 88)
- Alan J. Bedner, Chief Financial Officer, Executive Vice President of the Company and the Bank (Age 45)
- John J. Kauchak, Chief Operating Officer, Executive Vice President of the Company and the Bank (Age 61)
- Robert H. Dallas II, Director of the Company and the Bank (Age 68)
- Donald E. Souders Jr., Esq., Director (Age 49)
- Aaron Thomas Tucker Jr., Director
- Mark S. Brody, Independent Director of the Company and the Bank (Age 62)
- Wayne Courtright, Independent Director of the Company and the Bank (Age 67)
Has Unity Bancorp been receiving favorable news coverage?
Media coverage about UNTY stock has been trending positive recently, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Unity Bancorp earned a coverage optimism score of 0.27 on Accern's scale. They also assigned media stories about the financial services provider an impact score of 44.45 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Unity Bancorp's major shareholders?
Unity Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include Banc Funds Co. LLC (9.07%), BlackRock Inc. (3.44%), Royce & Associates LP (2.27%), Alliancebernstein L.P. (1.72%), Kennedy Capital Management Inc. (1.57%) and Renaissance Technologies LLC (0.41%). Company insiders that own Unity Bancorp stock include Donald E Jr Souders, James A Hughes and Peter E Maricondo. View Institutional Ownership Trends for Unity Bancorp.
Which major investors are selling Unity Bancorp stock?
Which major investors are buying Unity Bancorp stock?
UNTY stock was bought by a variety of institutional investors in the last quarter, including Royce & Associates LP, Alliancebernstein L.P., Wells Fargo & Company MN, Renaissance Technologies LLC, Deutsche Bank AG, BlackRock Inc. and Kennedy Capital Management Inc.. 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 $22.20.
How big of a company is Unity Bancorp?
Unity Bancorp has a market capitalization of $241.30 million and generates $63.58 million in revenue each year. The financial services provider earns $12.89 million in net income (profit) each year or $1.20 on an earnings per share basis. 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 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.
Unity Bancorp (NASDAQ:UNTY) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Unity Bancorp (NASDAQ:UNTY) Earnings History and Estimates Chart
Unity Bancorp (NASDAQ UNTY) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/24/2018||Q4 2017||$0.39||$14.54 million||View||N/A|
|10/19/2017||Q3 2017||$0.35||$13.83 million||View||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|
|1/26/2017||Q4 2016||$0.32||$12.43 million||View||N/A|
|10/25/2016||Q3 2016||$0.32||$12.05 million||View||N/A|
|10/21/2015||Q3 2015||$0.27||$10.90 million||View||N/A|
|1/29/2015||Q4 2014||$0.18||$9.55 million||View||N/A|
|7/24/2014||Q2 2014||$0.18||$8.95 million||View||N/A|
|4/23/2014||Q1 2014||$0.15||$8.81 million||View||N/A|
|10/24/2013||Q3 13||$0.15||$8.52 million||View||N/A|
|7/25/2013||Q2 2013||$0.10||$8.46 million||View||N/A|
|4/25/2013||Q1 2013||$0.09||$8.51 million||View||N/A|
Unity Bancorp (NASDAQ:UNTY) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Unity Bancorp (NASDAQ:UNTY) Dividend Information
|Payout Ratio:||20.00% (Trailing 12 Months of Earnings) |
Unity Bancorp (NASDAQ:UNTY) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Unity Bancorp (NASDAQ UNTY) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 29.94%
Institutional Ownership Percentage: 49.00%
Unity Bancorp (NASDAQ UNTY) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|12/13/2017||James A Hughes||CEO||Sell||5,000||$20.34||$101,700.00||102,855|| |
|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||18,377|| |
|6/8/2016||Donald E Jr. Souders||Director||Sell||2,700||$12.12||$32,724.00||12,570|| |
|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||9,288|| |
|9/15/2015||Alan J Bedner||CFO||Sell||3,000||$9.75||$29,250.00||9,287|| |
|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|| |
Unity Bancorp (NASDAQ UNTY) News Headlines
|Unity Bancorp Inc (UNTY) Files 10-K for the Fiscal Year Ended on December 31, 2017|
finance.yahoo.com - March 2 at 5:42 PM
|Royce & Associates LP Grows Position in Unity Bancorp, Inc. (UNTY)|
www.americanbankingnews.com - March 2 at 10:44 AM
|Banc Funds Co. LLC Trims Stake in Unity Bancorp, Inc. (UNTY)|
www.americanbankingnews.com - March 2 at 4:45 AM
|Unity Bancorp, Inc. (UNTY) Announces Quarterly Dividend of $0.06|
www.americanbankingnews.com - February 23 at 5:22 PM
|Unity Bancorp Reports Quarterly Net Income of $2.5 million or $0.23 per share and Core Net Income for the Quarter, Excluding the Impact of Nonrecurring Items, of $4.2 million or $0.39 per share|
finance.yahoo.com - January 24 at 4:14 PM
|Unity Bancorp (UNTY) Set to Announce Quarterly Earnings on Wednesday|
www.americanbankingnews.com - January 17 at 3:10 AM
|Unity Bank to Provide Employees with $750 Bonuses in Response to Federal Tax Reform Legislation|
finance.yahoo.com - December 28 at 5:13 PM
|Unity Bancorp, Inc. : UNTY-US: Dividend Analysis : December 15th, 2017 (record date) : By the numbers : December 18, 2017|
finance.yahoo.com - December 18 at 5:48 PM
|Insider Selling: Unity Bancorp, Inc. (UNTY) CEO Sells 5,000 Shares of Stock|
www.americanbankingnews.com - December 15 at 2:40 PM
|ETFs with exposure to Unity Bancorp, Inc. : December 5, 2017|
finance.yahoo.com - December 5 at 5:44 PM
|Unity Bancorp, Inc. :UNTY-US: Earnings Analysis: Q3, 2017 By the Numbers : December 4, 2017|
finance.yahoo.com - December 4 at 5:47 PM
|Unity Bancorp (UNTY) Rating Lowered to Hold at ValuEngine|
www.americanbankingnews.com - December 2 at 9:18 AM
|Unity Bancorp, Inc. (UNTY) to Issue $0.06 Quarterly Dividend|
www.americanbankingnews.com - November 17 at 5:41 PM
|Unity Bancorp, Inc. (UNTY) Announces Earnings Results|
www.americanbankingnews.com - October 20 at 11:26 AM
|Unity Bancorp Reports 24.4% Increase in Quarterly Net Income|
finance.yahoo.com - October 20 at 9:45 AM
|Unity Bancorp, Inc. (UNTY) Scheduled to Post Earnings on Monday|
www.americanbankingnews.com - October 16 at 3:50 AM
|Unity Bancorp, Inc. : UNTY-US: Dividend Analysis : September 15th, 2017 (record date) : By the numbers : October 4, 2017|
finance.yahoo.com - October 6 at 12:11 PM
|ETFs with exposure to Unity Bancorp, Inc. : September 28, 2017|
finance.yahoo.com - October 3 at 2:14 PM
|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
|Unity Bancorp posts 1Q profit|
marketbeat.com - April 24 at 6:18 AM
|Unity Bancorp Inc (UNTY.OQ)|
www.reuters.com - September 1 at 7:54 PM
|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 posts 4Q profit|
www.cnbc.com - January 27 at 6:28 AM
|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 (NASDAQ:UNTY) SEC Filings
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Unity Bancorp (NASDAQ:UNTY) Income Statement, Balance Sheet and Cash Flow Statement
Unity Bancorp (NASDAQ UNTY) Stock Chart for Monday, March, 19, 2018