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Unity Bancorp (UNTY) Financials

Unity Bancorp logo
$58.12 0.00 (0.00%)
Closing price 07/2/2026 04:00 PM Eastern
Extended Trading
$58.16 +0.04 (+0.06%)
As of 07/2/2026 05:39 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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Annual Income Statements for Unity Bancorp

Annual Income Statements for Unity Bancorp

This table shows Unity Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 9.56 13 13 22 24 24 36 38 40 41 58
Consolidated Net Income / (Loss)		 9.56 13 13 22 24 24 36 38 40 41 58
Net Income / (Loss) Continuing Operations		 9.56 13 13 22 24 24 36 38 40 41 58
Total Pre-Tax Income 		14 20 22 27 30 31 48 51 53 54 76
Total Revenue		 42 49 54 63 67 77 89 98 103 107 132
Net Interest Income / (Expense)		 34 38 46 54 58 64 77 90 95 99 117
Total Interest Income		 42 47 55 67 76 79 85 101 143 156 174
Loans and Leases Interest Income		 40 45 52 64 73 77 83 95 134 146 165
Investment Securities Interest Income		 1.74 1.90 2.19 2.02 2.03 1.76 1.33 4.81 7.34 7.38 6.89
Deposits and Money Market Investments Interest Income		 - - - - 0.91 0.26 0.19 0.74 1.72 2.03 1.96
Total Interest Expense		 7.66 8.77 9.45 14 18 14 7.74 11 48 57 57
Deposits Interest Expense		 4.69 5.95 6.68 11 16 13 6.59 7.25 34 52 52
Long-Term Debt Interest Expense		 2.97 2.82 2.77 2.54 2.30 1.89 1.15 3.38 15 5.62 4.24
Total Non-Interest Income		 7.73 11 8.27 9.03 9.54 13 12 8.05 8.14 8.47 15
Other Service Charges		 4.44 3.27 4.59 4.86 1.35 1.47 1.56 2.82 4.44 5.19 6.18
Net Realized & Unrealized Capital Gains on Investments		 2.91 7.41 3.21 3.20 4.14 8.08 5.92 1.04 2.85 2.73 7.83
Other Non-Interest Income		 0.38 0.38 0.47 0.98 4.06 3.40 4.58 4.19 0.85 0.54 0.77
Provision for Credit Losses		 0.50 1.22 1.65 2.05 2.10 7.00 0.18 4.27 3.17 3.95 3.94
Total Non-Interest Expense		 27 28 30 33 35 39 41 42 47 49 52
Salaries and Employee Benefits		 14 15 17 20 21 23 25 27 29 30 32
Net Occupancy & Equipment Expense		 6.62 6.69 7.01 7.88 8.47 8.30 8.30 8.30 8.86 9.80 11
Marketing Expense		 1.03 1.10 1.18 1.41 1.36 0.91 1.24 1.21 1.44 1.61 1.68
Property & Liability Insurance Claims		 0.67 0.71 0.55 0.78 0.30 0.67 0.84 1.02 1.72 1.10 1.17
Other Operating Expenses		 4.24 4.18 4.19 3.23 3.92 6.25 5.63 4.97 5.91 6.48 6.49
Income Tax Expense		 4.81 7.26 9.54 5.39 6.66 7.48 12 13 13 13 18
Basic Earnings per Share		 $1.03 $1.40 $1.22 $2.04 $2.18 $2.21 $3.47 $3.66 $3.89 $4.13 $5.78
Weighted Average Basic Shares Outstanding		 9.27M 9.42M 10.56M 10.73M 10.85M 10.71M 10.40M 10.51M 10.21M 10.03M 10.03M
Diluted Earnings per Share		 $1.02 $1.38 $1.20 $2.01 $2.14 $2.19 $3.43 $3.59 $3.84 $4.06 $5.67
Weighted Average Diluted Shares Outstanding		 9.38M 9.57M 10.75M 10.92M 11.03M 10.81M 10.55M 10.71M 10.34M 10.20M 10.22M
Weighted Average Basic & Diluted Shares Outstanding		 8.46M 9.40M 10.60M 10.70M 10.90M 10.41M 10.46M 10.59M 10.14M 10.06M 10.02M
Cash Dividends to Common per Share		 $0.13 $0.18 $0.23 $0.27 $0.31 $0.32 $0.36 $0.43 $0.48 $0.52 $0.58

Quarterly Income Statements for Unity Bancorp

This table shows Unity Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 9.95 9.77 9.59 9.45 11 12 12 16 14 15 14
Consolidated Net Income / (Loss)		 9.95 9.77 9.59 9.45 11 12 12 16 14 15 14
Net Income / (Loss) Continuing Operations		 9.95 9.77 9.59 9.45 11 12 12 16 14 15 14
Total Pre-Tax Income 		13 13 13 13 15 14 15 22 19 20 18
Total Revenue		 26 27 26 25 28 28 29 34 33 35 34
Net Interest Income / (Expense)		 24 24 24 23 25 26 27 29 30 31 31
Total Interest Income		 37 38 38 38 40 40 41 43 44 46 45
Loans and Leases Interest Income		 35 35 36 36 37 38 39 40 42 44 43
Investment Securities Interest Income		 1.87 1.90 1.87 1.77 1.92 1.83 1.80 1.75 1.75 1.58 1.43
Deposits and Money Market Investments Interest Income		 0.48 0.47 0.42 0.44 0.70 0.48 0.33 0.49 0.47 0.67 0.56
Total Interest Expense		 13 14 14 15 15 14 14 14 15 14 14
Deposits Interest Expense		 9.64 11 12 13 14 13 12 13 13 14 13
Long-Term Debt Interest Expense		 3.82 2.87 2.25 1.19 1.06 1.11 1.13 1.08 1.08 0.94 0.98
Total Non-Interest Income		 2.04 2.57 1.72 2.03 2.80 1.92 2.10 5.82 2.97 3.90 2.88
Other Service Charges		 1.00 1.19 0.34 1.25 0.38 -2.21 1.69 1.43 1.46 1.59 1.81
Net Realized & Unrealized Capital Gains on Investments		 0.37 1.37 0.61 0.59 1.12 0.41 0.26 4.20 1.30 2.08 0.85
Other Non-Interest Income		 0.68 0.01 0.77 0.19 1.31 3.71 0.15 0.18 0.21 0.23 0.22
Provision for Credit Losses		 0.56 1.81 0.64 0.93 1.08 1.30 1.32 -0.18 0.54 2.26 1.05
Total Non-Interest Expense		 12 12 12 12 12 13 13 13 13 13 14
Salaries and Employee Benefits		 7.44 7.25 7.36 7.12 7.27 8.00 7.90 8.16 8.43 7.69 8.67
Net Occupancy & Equipment Expense		 2.11 2.35 2.39 2.47 2.45 2.48 2.61 2.58 2.83 2.81 2.85
Marketing Expense		 0.41 0.33 0.40 0.40 0.47 0.35 0.39 0.46 0.46 0.38 0.39
Property & Liability Insurance Claims		 0.40 0.35 0.34 0.32 0.25 0.20 0.24 0.31 0.32 0.30 0.30
Other Operating Expenses		 1.62 1.46 1.65 1.67 1.58 1.59 1.47 1.51 1.38 2.13 1.86
Income Tax Expense		 3.10 3.28 3.20 3.10 3.66 2.98 3.83 5.04 4.48 4.22 4.20
Basic Earnings per Share		 $0.98 $0.97 $0.95 $0.94 $1.09 $1.15 $1.15 $1.64 $1.43 $1.56 $1.43
Weighted Average Basic Shares Outstanding		 10.13M 10.21M 10.13M 10.02M 9.98M 10.03M 10.05M 10.03M 10.04M 10.03M 10.01M
Diluted Earnings per Share		 $0.97 $0.96 $0.93 $0.93 $1.07 $1.13 $1.13 $1.61 $1.41 $1.52 $1.40
Weighted Average Diluted Shares Outstanding		 10.26M 10.34M 10.28M 10.15M 10.15M 10.20M 10.25M 10.21M 10.23M 10.22M 10.20M
Weighted Average Basic & Diluted Shares Outstanding		 10.06M 10.14M 10.04M 9.98M 9.99M 10.06M 10.03M 10.03M 10.04M 10.02M 10.04M
Cash Dividends to Common per Share		 $0.12 $0.12 $0.13 $0.13 $0.13 $0.13 $0.14 $0.14 $0.15 $0.15 $0.16

Annual Cash Flow Statements for Unity Bancorp

This table details how cash moves in and out of Unity Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 -42 18 44 -4.74 13 61 26 -130 80 -14 36
Net Cash From Operating Activities		 2.98 8.79 14 39 33 22 33 43 47 48 45
Net Cash From Continuing Operating Activities		 2.98 8.79 14 39 33 22 33 43 47 48 45
Net Income / (Loss) Continuing Operations		 9.56 13 13 22 24 24 36 38 40 41 58
Consolidated Net Income / (Loss)		 9.56 13 13 22 24 24 36 38 40 41 58
Provision For Loan Losses		 0.50 1.22 1.65 2.05 2.10 7.00 0.18 4.16 3.12 3.95 3.88
Depreciation Expense		 0.53 0.73 1.24 1.94 1.62 1.91 1.61 2.76 2.38 2.57 2.81
Amortization Expense		 0.51 0.35 0.29 0.22 0.19 0.24 0.21 0.01 -0.26 -0.26 -0.09
Non-Cash Adjustments to Reconcile Net Income		 -7.79 -7.36 -2.86 11 4.16 -7.50 -7.35 -3.93 -2.47 -3.20 -7.35
Changes in Operating Assets and Liabilities, net		 -0.33 0.64 1.23 1.06 1.48 -2.98 1.76 1.21 4.44 3.48 -12
Net Cash From Investing Activities		 -111 -82 -220 -141 -133 -175 -41 -541 -58 -93 -257
Net Cash From Continuing Investing Activities		 -111 -82 -220 -141 -133 -175 -41 -541 -58 -93 -257
Purchase of Property, Leasehold Improvements and Equipment		 -0.95 -9.60 -1.51 -1.51 -0.71 -0.56 -1.25 -1.48 -0.96 -0.69 -0.56
Purchase of Investment Securities		 -144 -108 -251 -221 -234 -81 -147 -577 -70 -107 -304
Sale and/or Maturity of Investments		 34 35 32 82 99 28 35 -5.19 13 15 48
Net Cash From Financing Activities		 66 91 250 97 112 214 33 369 91 30 248
Net Cash From Continuing Financing Activities		 66 91 250 97 112 214 33 369 91 30 248
Net Change in Deposits		 100 51 97 165 42 308 201 29 137 176 224
Issuance of Debt		 47 90 220 210 283 0.00 0.00 343 39 1.07 5.27
Repayment of Debt		 -80 -50 -66 -275 -210 -83 -160 0.00 -66 -137 30
Repurchase of Common Equity		 - - - 0.00 0.00 -7.44 -4.19 -0.04 -16 -6.21 -5.04
Payment of Dividends		 -1.11 -1.52 -2.38 -2.80 -3.26 -3.30 -3.62 -4.37 -4.72 -5.02 -5.61
Other Financing Activities, Net		 0.00 0.55 0.51 0.58 0.24 0.23 0.38 1.36 1.28 1.48 -0.36
Cash Interest Paid		 7.67 8.80 9.45 14 18 15 7.86 10 47 57 56
Cash Income Taxes Paid		 4.79 7.59 7.00 5.94 8.22 11 14 14 13 14 14

Quarterly Cash Flow Statements for Unity Bancorp

This table details how cash moves in and out of Unity Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 10 33 -12 14 -2.92 -14 31 82 -90 13 13
Net Cash From Operating Activities		 13 25 16 -8.45 18 23 18 -25 46 6.83 15
Net Cash From Continuing Operating Activities		 13 25 16 -8.45 18 23 18 -25 46 6.83 15
Net Income / (Loss) Continuing Operations		 9.95 9.77 9.59 9.45 11 12 12 16 14 15 14
Consolidated Net Income / (Loss)		 9.95 9.77 9.59 9.45 11 12 12 16 14 15 14
Provision For Loan Losses		 0.53 1.70 0.64 0.91 1.03 1.37 1.36 -0.31 0.62 2.21 1.04
Depreciation Expense		 1.42 0.31 0.55 0.21 0.97 0.85 0.68 0.30 0.73 1.10 0.30
Amortization Expense		 -0.17 -0.07 0.03 -0.16 -0.06 -0.07 -0.02 -0.02 -0.02 -0.03 -0.08
Non-Cash Adjustments to Reconcile Net Income		 -1.00 0.05 -0.26 -0.89 -1.80 0.22 -0.51 -3.91 -0.94 -1.98 1.11
Changes in Operating Assets and Liabilities, net		 2.60 13 5.21 -18 6.61 9.15 4.75 -38 31 -9.94 -1.73
Net Cash From Investing Activities		 -2.38 3.80 -3.03 0.96 -47 -44 -83 -35 -69 -70 -48
Net Cash From Continuing Investing Activities		 -2.38 3.80 -3.03 0.96 -47 -44 -83 -35 -69 -70 -48
Purchase of Property, Leasehold Improvements and Equipment		 -0.21 -0.16 -0.08 -0.14 -0.14 -0.34 -0.28 -0.19 -0.21 0.12 -0.43
Purchase of Investment Securities		 -7.30 0.47 -6.87 -1.74 -50 -49 -90 72 -202 -83 -56
Sale and/or Maturity of Investments		 5.07 6.99 3.77 2.84 3.09 5.67 7.67 -107 133 13 8.98
Net Cash From Financing Activities		 -0.74 4.63 -25 22 26 7.16 96 143 -67 76 45
Net Cash From Continuing Financing Activities		 -0.74 4.63 -25 22 26 7.16 96 143 -67 76 45
Net Change in Deposits		 35 39 37 50 35 54 75 12 80 57 55
Issuance of Debt		 15 19 4.36 10 -10 -3.29 23 -1.80 -10 -5.93 -7.50
Repayment of Debt		 -49 -52 -61 -35 2.00 -43 -0.21 136 -135 30 0.00
Repurchase of Common Equity		 -0.92 -1.41 -4.08 -1.84 -0.28 -0.01 0.00 -1.94 - -3.10 -0.32
Payment of Dividends		 -1.17 -1.17 -1.26 -1.25 -1.25 -1.26 -1.36 -1.35 -1.45 -1.46 -1.54
Other Financing Activities, Net		 0.36 0.16 0.72 0.05 0.16 0.56 -0.45 0.05 0.05 -0.01 -0.47
Cash Interest Paid		 13 13 14 14 15 14 13 15 14 14 14
Cash Income Taxes Paid		 6.54 3.12 0.25 6.37 3.87 3.59 0.10 7.98 5.30 0.67 0.09

Annual Balance Sheets for Unity Bancorp

This table presents Unity Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 1,085 1,190 1,455 1,579 1,719 1,959 2,034 2,445 2,579 2,654 2,967
Cash and Due from Banks		 23 22 24 20 21 23 26 20 21 20 20
Interest Bearing Deposits at Other Banks		 - - - - - 197 219 95 174 160 197
Trading Account Securities		 71 62 70 64 67 48 79 141 136 145 124
Loans and Leases, Net of Allowance		 876 961 1,157 1,289 1,409 1,605 1,627 2,081 2,146 2,234 2,512
Loans and Leases		 889 973 1,171 1,305 1,426 1,628 1,649 2,107 2,172 2,261 2,545
Allowance for Loan and Lease Losses		 13 13 14 15 16 23 22 25 26 27 32
Premises and Equipment, Net		 15 23 23 23 21 20 20 20 20 19 18
Goodwill		 - - - - - - - - 1.52 1.52 1.52
Other Assets		 32 37 53 56 62 66 61 86 81 74 94
Total Liabilities & Shareholders' Equity		 1,085 1,190 1,455 1,579 1,719 1,959 2,034 2,445 2,579 2,654 2,967
Total Liabilities		 1,006 1,084 1,337 1,441 1,558 1,785 1,828 2,206 2,317 2,358 2,621
Non-Interest Bearing Deposits		 185 216 256 270 280 460 529 494 420 441 466
Interest Bearing Deposits		 709 730 787 937 970 1,098 1,230 1,293 1,505 1,660 1,858
Accrued Interest Payable		 0.46 0.43 0.44 0.41 0.46 0.25 0.13 0.69 1.92 1.70 2.14
Long-Term Debt		 107 131 285 220 293 210 50 393 367 231 266
Other Long-Term Liabilities		 - - 8.51 - 14 16 19 24 24 26 29
Total Equity & Noncontrolling Interests		 79 106 118 139 161 174 206 239 261 296 346
Total Preferred & Common Equity		 79 106 118 139 161 174 206 239 261 296 346
Preferred Stock		 - - - - - - - - 0.00 0.00 0.00
Total Common Equity		 78 106 118 138 161 174 206 239 261 296 346
Common Stock		 59 85 87 88 90 92 94 97 100 104 106
Retained Earnings		 20 21 31 50 70 91 123 157 191 227 244
Treasury Stock		 - - - - 0.00 -7.44 -12 -12 -27 -34 -3.10
Accumulated Other Comprehensive Income / (Loss)		 -0.47 0.16 0.21 -0.16 0.15 -1.19 0.32 -3.26 -2.74 -2.11 -1.10

Quarterly Balance Sheets for Unity Bancorp

This table presents Unity Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 2,340 2,476 2,552 2,563 2,568 2,598 2,635 2,768 2,929 2,876 3,027
Cash and Due from Banks		 25 24 23 26 21 31 29 26 26 21 25
Interest Bearing Deposits at Other Banks		 138 103 129 135 162 166 166 185 268 183 205
Trading Account Securities		 137 138 137 136 139 145 144 142 139 131 115
Loans and Leases, Net of Allowance		 1,919 2,128 2,141 2,147 2,148 2,144 2,190 2,317 2,354 2,438 2,568
Loans and Leases		 1,942 2,154 2,167 2,173 2,174 2,171 2,217 2,345 2,383 2,469 2,602
Allowance for Loan and Lease Losses		 24 26 26 26 26 26 27 28 29 30 33
Premises and Equipment, Net		 19 20 20 20 19 19 19 19 19 18 18
Goodwill		 - - - - - - - 1.52 1.52 1.52 1.52
Other Assets		 100 2,189 101 97 77 90 86 77 122 83 95
Total Liabilities & Shareholders' Equity		 2,340 2,476 2,552 2,563 2,568 2,598 2,635 2,768 2,929 2,876 3,027
Total Liabilities		 2,109 2,235 2,308 2,311 2,301 2,324 2,351 2,462 2,609 2,542 2,669
Non-Interest Bearing Deposits		 498 450 439 425 396 422 424 454 465 448 451
Interest Bearing Deposits		 1,299 1,374 1,410 1,459 1,566 1,589 1,622 1,721 1,723 1,820 1,928
Accrued Interest Payable		 0.29 0.93 0.72 1.41 1.55 1.66 1.77 2.15 1.46 1.79 2.30
Long-Term Debt		 290 384 433 399 310 285 277 254 387 242 259
Other Long-Term Liabilities		 22 26 25 25 29 27 26 31 32 31 29
Total Equity & Noncontrolling Interests		 230 240 244 252 267 273 284 306 320 334 358
Total Preferred & Common Equity		 230 240 244 252 267 273 284 306 320 334 358
Preferred Stock		 - - - - - - - - - - 0.00
Total Common Equity		 230 240 244 252 267 273 284 306 320 334 358
Common Stock		 96 98 99 100 102 102 103 104 105 105 106
Retained Earnings		 148 165 174 183 199 208 217 238 253 265 257
Treasury Stock		 -12 -20 -25 -26 -31 -33 -34 -34 -36 -36 -3.43
Accumulated Other Comprehensive Income / (Loss)		 -2.80 -3.18 -3.62 -3.96 -2.85 -3.08 -2.20 -1.83 -1.93 -1.27 -1.13

Annual Metrics And Ratios for Unity Bancorp

This table displays calculated financial ratios and metrics derived from Unity Bancorp's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 8,428,865.00 9,344,031.00 10,603,764.00 10,759,175.00 10,869,425.00 10,565,540.00 10,374,214.00 - - - 10,039,444.00
DEI Adjusted Shares Outstanding		 8,428,865.00 9,344,031.00 10,603,764.00 10,759,175.00 10,869,425.00 10,565,540.00 10,374,214.00 - - - 10,039,444.00
DEI Earnings Per Adjusted Shares Outstanding		 1.13 1.41 1.22 2.04 2.18 2.24 3.48 - - - 5.77
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 13.40% 18.21% 9.75% 15.98% 6.94% 15.27% 15.14% 10.17% 5.08% 3.82% 23.10%
EBITDA Growth		 34.13% 39.80% 11.21% 22.97% 9.02% 3.57% 50.13% 8.49% 1.71% 2.90% 37.97%
EBIT Growth		 50.40% 42.44% 9.61% 21.73% 11.02% 2.65% 54.66% 6.84% 3.06% 2.63% 38.83%
NOPAT Growth		 49.14% 38.21% -2.39% 70.01% 7.91% -0.04% 52.76% 6.47% 3.25% 4.39% 39.81%
Net Income Growth		 49.14% 38.21% -2.39% 70.01% 7.91% -0.04% 52.76% 6.47% 3.25% 4.39% 39.81%
EPS Growth		 25.93% 35.29% -13.04% 67.50% 6.47% 2.34% 56.62% 4.66% 6.96% 5.73% 39.66%
Operating Cash Flow Growth		 -74.55% 194.70% 64.42% 167.08% -13.96% -32.77% 45.72% 31.17% 9.94% 2.30% -6.42%
Free Cash Flow Firm Growth		 239.39% -212.41% -297.64% 143.51% -207.56% 230.56% 75.83% -305.74% 113.04% 225.04% -119.11%
Invested Capital Growth		 -11.71% 27.79% 69.79% -11.06% 26.54% -15.37% -33.36% 147.05% -0.69% -16.20% 16.21%
Revenue Q/Q Growth		 3.35% 3.20% 4.05% 2.58% 1.58% 6.95% 1.46% 3.35% -0.06% 1.72% 5.49%
EBITDA Q/Q Growth		 5.68% 4.90% 6.90% 4.72% 1.58% 8.69% 5.29% 1.16% -1.75% 3.63% 7.62%
EBIT Q/Q Growth		 9.96% 4.98% 7.08% 3.57% 1.98% 8.83% 5.87% 0.99% -1.10% 2.72% 7.41%
NOPAT Q/Q Growth		 10.88% 4.11% -4.87% 17.74% 1.36% 5.46% 7.12% 0.55% -0.47% 4.37% 7.35%
Net Income Q/Q Growth		 10.88% 4.11% -4.87% 17.74% 1.36% 5.46% 7.12% 0.55% -0.47% 4.37% 7.35%
EPS Q/Q Growth		 4.08% 6.15% -6.98% 18.24% 0.47% 6.83% 7.52% 0.00% 0.79% 4.37% 7.39%
Operating Cash Flow Q/Q Growth		 -51.58% 1.63% -10.87% 26.12% -4.42% -45.54% 235.90% 94.73% -14.90% -3.77% -26.50%
Free Cash Flow Firm Q/Q Growth		 212.76% -99.84% -199.21% 349.79% -151.28% 526.07% -11.99% -56.70% 148.50% 10.47% -169.62%
Invested Capital Q/Q Growth		 2.43% 11.31% 45.05% 10.95% 21.01% -8.42% -3.95% 21.51% -3.55% -6.23% 6.19%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 36.94% 43.69% 44.27% 46.93% 47.85% 42.99% 56.06% 55.21% 53.44% 52.96% 59.35%
EBIT Margin		 34.44% 41.50% 41.45% 43.50% 45.16% 40.22% 54.02% 52.39% 51.38% 50.79% 57.29%
Profit (Net Income) Margin		 22.91% 26.78% 23.82% 34.92% 35.23% 30.56% 40.54% 39.18% 38.50% 38.71% 43.96%
Tax Burden Percent		 66.52% 64.54% 57.47% 80.27% 78.02% 75.98% 75.04% 74.79% 74.93% 76.21% 76.74%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 33.48% 35.46% 42.53% 19.73% 21.98% 24.02% 24.96% 25.21% 25.07% 23.79% 23.26%
Return on Invested Capital (ROIC)		 4.82% 6.24% 4.02% 5.75% 5.82% 5.64% 11.28% 8.66% 6.30% 7.18% 10.18%
ROIC Less NNEP Spread (ROIC-NNEP)		 4.82% 6.24% 4.02% 5.75% 5.82% 5.64% 11.28% 8.66% 6.30% 7.18% 10.18%
Return on Net Nonoperating Assets (RNNOA)		 8.04% 8.06% 7.47% 11.33% 9.99% 8.49% 7.75% 8.63% 9.56% 7.70% 7.89%
Return on Equity (ROE)		 12.86% 14.30% 11.49% 17.08% 15.81% 14.13% 19.03% 17.29% 15.86% 14.88% 18.08%
Cash Return on Invested Capital (CROIC)		 17.26% -18.16% -47.71% 17.46% -17.61% 22.29% 51.32% -76.09% 6.99% 24.81% -4.81%
Operating Return on Assets (OROA)		 1.37% 1.80% 1.70% 1.80% 1.84% 1.69% 2.41% 2.30% 2.11% 2.08% 2.69%
Return on Assets (ROA)		 0.91% 1.16% 0.97% 1.44% 1.43% 1.29% 1.81% 1.72% 1.58% 1.58% 2.06%
Return on Common Equity (ROCE)		 12.86% 14.29% 11.49% 17.08% 15.81% 14.13% 19.03% 17.29% 15.86% 14.88% 18.08%
Return on Equity Simple (ROE_SIMPLE)		 12.17% 12.43% 10.92% 15.83% 14.72% 13.60% 17.56% 16.08% 15.19% 14.02% 16.77%
Net Operating Profit after Tax (NOPAT)		 9.56 13 13 22 24 24 36 38 40 41 58
NOPAT Margin		 22.91% 26.78% 23.82% 34.92% 35.23% 30.56% 40.54% 39.18% 38.50% 38.71% 43.96%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 52.60% 46.10% 46.75% 46.84% 45.42% 41.79% 38.51% 37.15% 38.15% 38.44% 33.91%
Operating Expenses to Revenue		 64.36% 56.03% 55.51% 53.24% 51.71% 50.74% 45.77% 43.26% 45.55% 45.52% 39.72%
Earnings before Interest and Taxes (EBIT)		 14 20 22 27 30 31 48 51 53 54 76
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 15 22 24 29 32 33 50 54 55 57 78
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.04 1.19 1.55 1.43 1.37 0.98 1.23 1.15 1.12 1.47 1.50
Price to Tangible Book Value (P/TBV)		 1.06 1.21 1.57 1.44 1.38 0.99 1.24 1.16 1.12 1.48 1.50
Price to Revenue (P/Rev)		 1.95 2.57 3.38 3.15 3.28 2.20 2.85 2.81 2.83 4.05 3.93
Price to Earnings (P/E)		 8.51 9.59 14.21 9.02 9.32 7.19 7.02 7.18 7.35 10.47 8.93
Dividend Yield		 1.45% 1.33% 1.33% 1.47% 1.53% 1.99% 1.47% 1.64% 2.07% 1.20% 1.38%
Earnings Yield		 11.75% 10.43% 7.04% 11.09% 10.73% 13.90% 14.24% 13.93% 13.61% 9.55% 11.20%
Enterprise Value to Invested Capital (EV/IC)		 0.54 0.64 0.79 0.76 0.78 0.42 0.23 0.88 0.74 0.92 0.93
Enterprise Value to Revenue (EV/Rev)		 2.41 3.08 5.88 4.34 5.30 2.08 0.66 5.65 4.50 4.52 4.30
Enterprise Value to EBITDA (EV/EBITDA)		 6.53 7.06 13.28 9.25 11.07 4.84 1.19 10.23 8.41 8.54 7.25
Enterprise Value to EBIT (EV/EBIT)		 7.01 7.43 14.19 9.98 11.73 5.18 1.23 10.78 8.75 8.91 7.51
Enterprise Value to NOPAT (EV/NOPAT)		 10.53 11.51 24.68 12.43 15.04 6.81 1.64 14.42 11.68 11.69 9.79
Enterprise Value to Operating Cash Flow (EV/OCF)		 33.76 17.31 22.03 7.06 10.71 7.22 1.82 13.00 9.89 10.09 12.63
Enterprise Value to Free Cash Flow (EV/FCFF)		 2.94 0.00 0.00 4.10 0.00 1.72 0.36 0.00 10.52 3.38 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.37 1.24 2.42 1.59 1.83 1.21 0.24 1.64 1.40 0.78 0.77
Long-Term Debt to Equity		 1.37 1.24 2.42 1.59 1.83 1.21 0.24 1.64 1.40 0.78 0.77
Financial Leverage		 1.67 1.29 1.86 1.97 1.72 1.51 0.69 1.00 1.52 1.07 0.77
Leverage Ratio		 14.09 12.31 11.79 11.83 11.02 10.99 10.52 10.07 10.03 9.39 8.77
Compound Leverage Factor		 14.09 12.31 11.79 11.83 11.02 10.99 10.52 10.07 10.03 9.39 8.77
Debt to Total Capital		 57.79% 55.26% 70.72% 61.40% 64.60% 54.74% 19.65% 62.18% 58.38% 43.85% 43.50%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 57.79% 55.26% 70.72% 61.40% 64.60% 54.74% 19.65% 62.18% 58.38% 43.85% 43.50%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 42.20% 44.74% 29.28% 38.60% 35.40% 45.26% 80.35% 37.82% 41.62% 56.15% 56.50%
Debt to EBITDA		 6.97 6.09 11.91 7.48 9.13 6.32 1.01 7.26 6.65 4.07 3.40
Net Debt to EBITDA		 1.25 1.18 5.64 2.54 4.21 -0.27 -3.89 5.14 3.12 0.89 0.63
Long-Term Debt to EBITDA		 6.97 6.09 11.91 7.48 9.13 6.32 1.01 7.26 6.65 4.07 3.40
Debt to NOPAT		 11.24 9.94 22.13 10.05 12.40 8.89 1.39 10.23 9.24 5.57 4.59
Net Debt to NOPAT		 2.02 1.92 10.48 3.41 5.72 -0.38 -5.39 7.24 4.33 1.22 0.86
Long-Term Debt to NOPAT		 11.24 9.94 22.13 10.05 12.40 8.89 1.39 10.23 9.24 5.57 4.59
Noncontrolling Interest Sharing Ratio		 0.02% 0.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 34 -38 -153 67 -72 93 164 -338 44 143 -27
Operating Cash Flow to CapEx		 313.56% 91.59% 957.52% 2,560.72% 0.00% 3,993.38% 2,604.40% 2,879.15% 4,911.94% 6,924.53% 7,962.06%
Free Cash Flow to Firm to Interest Expense		 4.47 -4.39 -16.18 4.92 -3.96 6.45 21.22 -31.80 0.91 2.51 -0.48
Operating Cash Flow to Interest Expense		 0.39 1.00 1.53 2.86 1.84 1.54 4.20 4.01 0.97 0.84 0.79
Operating Cash Flow Less CapEx to Interest Expense		 0.27 -0.09 1.37 2.74 1.90 1.50 4.04 3.87 0.95 0.83 0.78
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.05
Fixed Asset Turnover		 2.74 2.56 2.31 2.68 3.00 3.73 4.44 4.92 5.21 5.59 7.16
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 186 238 403 359 454 384 256 633 628 526 612
Invested Capital Turnover		 0.21 0.23 0.17 0.16 0.17 0.18 0.28 0.22 0.16 0.19 0.23
Increase / (Decrease) in Invested Capital		 -25 52 166 -45 95 -70 -128 376 -4.36 -102 85
Enterprise Value (EV)		 101 152 318 273 356 161 59 555 464 484 567
Market Capitalization		 81 127 183 198 220 170 254 276 292 434 518
Book Value per Share		 $9.31 $11.38 $11.14 $12.87 $14.79 $16.46 $19.83 $22.69 $25.99 $29.60 $34.43
Tangible Book Value per Share		 $9.13 $11.21 $11.00 $12.73 $14.65 $16.32 $19.68 $22.54 $25.84 $29.45 $34.28
Total Capital		 186 238 403 359 454 384 256 633 628 526 612
Total Debt		 107 131 285 220 293 210 50 393 367 231 266
Total Long-Term Debt		 107 131 285 220 293 210 50 393 367 231 266
Net Debt		 19 25 135 75 135 -9.00 -195 279 172 50 50
Capital Expenditures (CapEx)		 0.95 9.60 1.51 1.51 -1.11 0.56 1.25 1.48 0.96 0.69 0.56
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 107 131 285 220 293 210 50 393 367 231 266
Total Depreciation and Amortization (D&A)		 1.04 1.08 1.53 2.16 1.81 2.15 1.82 2.77 2.12 2.32 2.72
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.13 $1.40 $1.22 $2.04 $2.18 $2.21 $3.47 $3.66 $3.89 $4.13 $5.78
Adjusted Weighted Average Basic Shares Outstanding		 8.43M 9.42M 10.56M 10.73M 10.85M 10.71M 10.40M 10.51M 10.21M 10.03M 10.03M
Adjusted Diluted Earnings per Share		 $1.12 $1.38 $1.20 $2.01 $2.14 $2.19 $3.43 $3.59 $3.84 $4.06 $5.67
Adjusted Weighted Average Diluted Shares Outstanding		 8.53M 9.57M 10.75M 10.92M 11.03M 10.81M 10.55M 10.71M 10.34M 10.20M 10.22M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $2.18 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 8.46M 10.50M 10.68M 10.80M 10.89M 10.41M 10.46M 10.59M 10.14M 10.06M 10.02M
Normalized Net Operating Profit after Tax (NOPAT)		 9.56 13 13 22 24 24 36 38 40 41 58
Normalized NOPAT Margin		 22.91% 26.78% 23.82% 34.92% 35.23% 30.56% 40.54% 39.18% 38.50% 38.71% 43.96%
Pre Tax Income Margin		 34.44% 41.50% 41.45% 43.50% 45.16% 40.22% 54.02% 52.39% 51.38% 50.79% 57.29%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 1.88 2.33 2.37 2.02 1.68 2.15 6.22 4.84 1.09 0.95 1.33
NOPAT to Interest Expense		 1.25 1.51 1.36 1.62 1.31 1.63 4.67 3.62 0.82 0.73 1.02
EBIT Less CapEx to Interest Expense		 1.75 1.24 2.21 1.91 1.74 2.11 6.06 4.70 1.07 0.94 1.32
NOPAT Less CapEx to Interest Expense		 1.12 0.41 1.20 1.51 1.37 1.59 4.50 3.48 0.80 0.71 1.01
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 11.60% 11.54% 18.46% 12.78% 13.76% 13.95% 10.01% 11.37% 11.89% 12.11% 9.68%
Augmented Payout Ratio		 11.60% 11.54% 18.46% 12.78% 13.76% 45.42% 21.62% 11.48% 51.41% 27.10% 18.37%

Quarterly Metrics And Ratios for Unity Bancorp

This table displays calculated financial ratios and metrics derived from Unity Bancorp's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 - - - - - - 10,057,597.00 10,031,119.00 10,033,030.00 10,039,444.00 10,016,427.00
DEI Adjusted Shares Outstanding		 - - - - - - 10,057,597.00 10,031,119.00 10,033,030.00 10,039,444.00 10,016,427.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - 1.15 1.64 1.43 1.54 1.43
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 2.93% -0.21% 0.92% -0.70% 8.14% 6.79% 14.84% 35.02% 18.67% 24.15% 14.49%
EBITDA Growth		 2.52% -6.88% 2.16% -12.76% 8.22% 14.94% 20.33% 73.08% 26.24% 36.37% 16.23%
EBIT Growth		 -1.66% -4.31% -7.30% -4.25% 11.65% 11.03% 20.65% 71.51% 29.51% 35.94% 19.86%
NOPAT Growth		 0.08% -1.87% -6.81% -2.54% 9.60% 17.76% 20.99% 74.43% 31.96% 34.48% 23.19%
Net Income Growth		 0.08% -1.87% -6.81% -2.54% 9.60% 17.76% 20.99% 74.43% 31.96% 34.48% 23.19%
EPS Growth		 4.30% 3.23% -3.13% -2.11% 10.31% 17.71% 21.51% 73.12% 31.78% 34.51% 23.89%
Operating Cash Flow Growth		 684.19% -24.79% 14.63% -66.32% 32.37% -7.56% 13.27% -199.68% 157.96% -70.32% -16.42%
Free Cash Flow Firm Growth		 50.49% 103.85% 116.57% 147.25% 183.47% 701.80% -51.07% -203.06% -100.28% -161.65% -250.58%
Invested Capital Growth		 25.12% -0.69% -7.73% -17.55% -13.81% -16.20% -2.90% 26.63% 2.61% 16.21% 10.17%
Revenue Q/Q Growth		 -0.24% 4.00% -3.91% -0.40% 8.65% 2.70% 3.33% 17.10% -4.51% 7.44% -4.70%
EBITDA Q/Q Growth		 -0.98% -7.10% 0.66% -5.79% 22.84% -1.34% 5.65% 35.50% -10.25% 6.14% -9.95%
EBIT Q/Q Growth		 -0.47% 0.01% -2.02% -1.81% 16.05% -0.55% 6.47% 39.57% -12.37% 4.39% -6.13%
NOPAT Q/Q Growth		 2.58% -1.81% -1.88% -1.38% 15.35% 5.50% 0.81% 42.19% -12.74% 7.52% -7.65%
Net Income Q/Q Growth		 2.58% -1.81% -1.88% -1.38% 15.35% 5.50% 0.81% 42.19% -12.74% 7.52% -7.65%
EPS Q/Q Growth		 2.11% -1.03% -3.13% 0.00% 15.05% 5.61% 0.00% 42.48% -12.42% 7.80% -7.89%
Operating Cash Flow Q/Q Growth		 362.54% 86.71% -36.70% -153.60% 308.95% 30.40% -22.44% -241.82% 279.86% -85.00% 118.41%
Free Cash Flow Firm Q/Q Growth		 55.52% 111.70% 309.70% 121.70% -21.42% 12.34% -75.00% -567.00% 99.78% -24,407.37% 38.94%
Invested Capital Q/Q Growth		 -3.85% -3.55% -8.23% -3.12% 0.51% -6.23% 6.34% 26.35% -18.55% 6.19% 0.81%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 55.91% 49.94% 52.32% 49.49% 55.95% 53.75% 54.82% 63.44% 59.62% 58.90% 55.65%
EBIT Margin		 51.01% 49.05% 50.02% 49.31% 52.67% 51.00% 52.55% 62.63% 57.48% 55.85% 55.01%
Profit (Net Income) Margin		 38.90% 36.73% 37.51% 37.14% 39.43% 40.50% 39.51% 47.98% 43.84% 43.87% 42.52%
Tax Burden Percent		 76.26% 74.88% 74.98% 75.32% 74.86% 79.42% 75.19% 76.60% 76.27% 78.56% 77.29%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 23.74% 25.12% 25.02% 24.68% 25.14% 20.58% 24.81% 23.40% 23.73% 21.44% 22.71%
Return on Invested Capital (ROIC)		 6.85% 6.01% 6.46% 6.20% 6.85% 7.51% 7.71% 9.08% 9.63% 10.16% 9.83%
ROIC Less NNEP Spread (ROIC-NNEP)		 6.85% 6.01% 6.46% 6.20% 6.85% 7.51% 7.71% 9.08% 9.63% 10.16% 9.83%
Return on Net Nonoperating Assets (RNNOA)		 9.79% 9.12% 8.83% 8.61% 8.62% 8.06% 7.58% 10.29% 8.09% 7.88% 7.58%
Return on Equity (ROE)		 16.64% 15.13% 15.29% 14.81% 15.47% 15.57% 15.29% 19.38% 17.72% 18.04% 17.42%
Cash Return on Invested Capital (CROIC)		 -15.51% 6.99% 14.54% 25.51% 21.38% 24.81% 10.59% -15.53% 6.91% -4.81% 0.63%
Operating Return on Assets (OROA)		 2.15% 2.01% 2.05% 1.98% 2.13% 2.09% 2.18% 2.72% 2.61% 2.62% 2.58%
Return on Assets (ROA)		 1.64% 1.51% 1.54% 1.49% 1.60% 1.66% 1.64% 2.08% 1.99% 2.06% 2.00%
Return on Common Equity (ROCE)		 16.64% 15.13% 15.29% 14.81% 15.47% 15.57% 15.29% 19.38% 17.72% 18.04% 17.42%
Return on Equity Simple (ROE_SIMPLE)		 15.81% 0.00% 14.62% 14.18% 13.97% 0.00% 14.20% 15.79% 16.16% 0.00% 16.93%
Net Operating Profit after Tax (NOPAT)		 9.95 9.77 9.59 9.45 11 12 12 16 14 15 14
NOPAT Margin		 38.90% 36.73% 37.51% 37.14% 39.43% 40.50% 39.51% 47.98% 43.84% 43.87% 42.52%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 38.93% 37.34% 39.69% 39.25% 36.85% 38.12% 37.15% 32.56% 35.68% 30.86% 35.45%
Operating Expenses to Revenue		 46.81% 44.14% 47.47% 47.06% 43.43% 44.42% 42.96% 37.88% 40.87% 37.75% 41.87%
Earnings before Interest and Taxes (EBIT)		 13 13 13 13 15 14 15 22 19 20 18
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 14 13 13 13 15 15 16 22 20 21 19
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.91 1.12 1.03 1.07 1.19 1.47 1.32 1.46 1.46 1.50 1.45
Price to Tangible Book Value (P/TBV)		 0.92 1.12 1.04 1.08 1.19 1.48 1.33 1.47 1.47 1.50 1.46
Price to Revenue (P/Rev)		 2.24 2.83 2.67 2.85 3.21 4.05 3.65 3.91 3.90 3.93 3.82
Price to Earnings (P/E)		 5.79 7.35 7.07 7.58 8.51 10.47 9.31 9.27 9.03 8.93 8.56
Dividend Yield		 2.06% 2.07% 2.24% 2.12% 1.86% 1.20% 1.32% 1.16% 1.15% 1.38% 1.43%
Earnings Yield		 17.28% 13.61% 14.15% 13.19% 11.76% 9.55% 10.75% 10.79% 11.08% 11.20% 11.68%
Enterprise Value to Invested Capital (EV/IC)		 0.72 0.74 0.70 0.68 0.75 0.92 0.80 0.79 0.91 0.93 0.89
Enterprise Value to Revenue (EV/Rev)		 4.54 4.50 3.89 3.70 3.99 4.52 4.03 4.69 4.21 4.30 4.03
Enterprise Value to EBITDA (EV/EBITDA)		 8.35 8.41 7.26 7.12 7.68 8.54 7.51 8.19 7.23 7.25 6.79
Enterprise Value to EBIT (EV/EBIT)		 8.74 8.75 7.74 7.42 7.94 8.91 7.83 8.51 7.48 7.51 6.98
Enterprise Value to NOPAT (EV/NOPAT)		 11.74 11.68 10.32 9.84 10.59 11.69 10.27 11.13 9.74 9.79 9.05
Enterprise Value to Operating Cash Flow (EV/OCF)		 8.50 9.89 8.23 8.38 8.43 10.09 8.91 16.92 8.61 12.63 13.07
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 10.52 4.61 2.42 3.24 3.38 7.42 0.00 13.38 0.00 148.02
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.58 1.40 1.16 1.04 0.97 0.78 0.83 1.21 0.72 0.77 0.72
Long-Term Debt to Equity		 1.58 1.40 1.16 1.04 0.97 0.78 0.83 1.21 0.72 0.77 0.72
Financial Leverage		 1.43 1.52 1.37 1.39 1.26 1.07 0.98 1.13 0.84 0.77 0.77
Leverage Ratio		 10.16 10.03 9.94 9.95 9.69 9.39 9.31 9.32 8.91 8.77 8.72
Compound Leverage Factor		 10.16 10.03 9.94 9.95 9.69 9.39 9.31 9.32 8.91 8.77 8.72
Debt to Total Capital		 61.25% 58.38% 53.72% 51.05% 49.36% 43.85% 45.31% 54.78% 42.01% 43.50% 41.93%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 61.25% 58.38% 53.72% 51.05% 49.36% 43.85% 45.31% 54.78% 42.01% 43.50% 41.93%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 38.75% 41.62% 46.28% 48.95% 50.64% 56.15% 54.69% 45.22% 57.99% 56.50% 58.07%
Debt to EBITDA		 7.11 6.65 5.59 5.32 5.06 4.07 4.27 5.65 3.33 3.40 3.20
Net Debt to EBITDA		 4.23 3.12 2.29 1.64 1.51 0.89 0.71 1.37 0.53 0.63 0.36
Long-Term Debt to EBITDA		 7.11 6.65 5.59 5.32 5.06 4.07 4.27 5.65 3.33 3.40 3.20
Debt to NOPAT		 10.00 9.24 7.94 7.36 6.98 5.57 5.84 7.67 4.48 4.59 4.26
Net Debt to NOPAT		 5.95 4.33 3.25 2.26 2.08 1.22 0.97 1.86 0.71 0.86 0.49
Long-Term Debt to NOPAT		 10.00 9.24 7.94 7.36 6.98 5.57 5.84 7.67 4.48 4.59 4.26
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -121 14 58 128 101 113 28 -132 -0.29 -70 -43
Operating Cash Flow to CapEx		 6,232.24% 15,467.08% 20,207.69% -6,167.15% 12,700.72% 6,790.56% 6,399.28% -13,540.11% 21,280.37% 0.00% 3,511.06%
Free Cash Flow to Firm to Interest Expense		 -8.98 1.03 4.11 8.81 6.86 8.22 2.09 -9.42 -0.02 -4.82 -2.95
Operating Cash Flow to Interest Expense		 0.99 1.81 1.12 -0.58 1.20 1.67 1.32 -1.80 3.14 0.47 1.03
Operating Cash Flow Less CapEx to Interest Expense		 0.98 1.80 1.11 -0.59 1.19 1.65 1.30 -1.82 3.12 0.48 1.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.05 0.05 0.05
Fixed Asset Turnover		 5.31 5.21 5.28 5.29 5.45 5.59 5.84 6.37 6.70 7.16 7.39
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 651 628 576 559 561 526 560 707 576 612 617
Invested Capital Turnover		 0.18 0.16 0.17 0.17 0.17 0.19 0.20 0.19 0.22 0.23 0.23
Increase / (Decrease) in Invested Capital		 131 -4.36 -48 -119 -90 -102 -17 149 15 85 57
Enterprise Value (EV)		 468 464 402 382 420 484 446 562 526 567 549
Market Capitalization		 231 292 276 294 338 434 404 468 487 518 519
Book Value per Share		 $24.90 $25.99 $26.31 $27.23 $28.48 $29.60 $30.44 $31.88 $33.29 $34.43 $35.75
Tangible Book Value per Share		 $24.75 $25.84 $26.16 $27.08 $28.33 $29.45 $30.29 $31.73 $33.14 $34.28 $35.60
Total Capital		 651 628 576 559 561 526 560 707 576 612 617
Total Debt		 399 367 310 285 277 231 254 387 242 266 259
Total Long-Term Debt		 399 367 310 285 277 231 254 387 242 266 259
Net Debt		 237 172 127 88 83 50 42 94 39 50 29
Capital Expenditures (CapEx)		 0.21 0.16 0.08 0.14 0.14 0.34 0.28 0.19 0.21 -0.12 0.43
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 399 367 310 285 277 231 254 387 242 266 259
Total Depreciation and Amortization (D&A)		 1.25 0.24 0.59 0.05 0.91 0.78 0.67 0.28 0.70 1.08 0.22
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.98 $0.97 $0.95 $0.94 $1.09 $1.15 $1.15 $1.64 $1.43 $1.56 $1.43
Adjusted Weighted Average Basic Shares Outstanding		 10.13M 10.21M 10.13M 10.02M 9.98M 10.03M 10.05M 10.03M 10.04M 10.03M 10.01M
Adjusted Diluted Earnings per Share		 $0.97 $0.96 $0.93 $0.93 $1.07 $1.13 $1.13 $1.61 $1.41 $1.52 $1.40
Adjusted Weighted Average Diluted Shares Outstanding		 10.26M 10.34M 10.28M 10.15M 10.15M 10.20M 10.25M 10.21M 10.23M 10.22M 10.20M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 10.06M 10.14M 10.04M 9.98M 9.99M 10.06M 10.03M 10.03M 10.04M 10.02M 10.04M
Normalized Net Operating Profit after Tax (NOPAT)		 9.95 9.77 9.59 9.45 11 12 12 16 14 15 14
Normalized NOPAT Margin		 38.90% 36.73% 37.51% 37.14% 39.43% 40.50% 39.51% 47.98% 43.84% 43.87% 42.52%
Pre Tax Income Margin		 51.01% 49.05% 50.02% 49.31% 52.67% 51.00% 52.55% 62.63% 57.48% 55.85% 55.01%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.97 0.95 0.91 0.86 0.99 1.05 1.14 1.53 1.30 1.36 1.28
NOPAT to Interest Expense		 0.74 0.71 0.68 0.65 0.74 0.84 0.86 1.17 0.99 1.07 0.99
EBIT Less CapEx to Interest Expense		 0.95 0.94 0.90 0.85 0.98 1.03 1.12 1.52 1.29 1.37 1.25
NOPAT Less CapEx to Interest Expense		 0.72 0.70 0.67 0.64 0.73 0.81 0.84 1.16 0.98 1.08 0.96
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 11.73% 11.89% 12.22% 12.51% 12.41% 12.11% 11.77% 10.33% 10.03% 9.68% 9.56%
Augmented Payout Ratio		 47.63% 51.41% 41.83% 33.80% 31.58% 27.10% 16.68% 14.75% 13.64% 18.37% 18.40%

Financials Breakdown Chart

Key Financial Trends

Unity Bancorp (NASDAQ: UNTY) showed solid first-quarter 2026 earnings, but the latest results also highlight some balance sheet and cash flow pressures beneath the surface.

In Q1 2026, Unity Bancorp reported net income of $14.3 million, up from $11.6 million in Q1 2025 and slightly below $15.5 million in Q4 2025. Earnings per share came in at $1.43, while diluted EPS was $1.40. Revenue was $33.6 million, with net interest income of $30.7 million and non-interest income of $2.9 million.

The quarter was supported by strong operating cash flow of $14.9 million, an improvement from $6.8 million in Q4 2025 and negative $25.3 million in Q2 2025. However, investing cash outflows remained heavy at $47.5 million, driven mostly by investment securities purchases. Financing cash flow was positive at $45.2 million, helped by a $55.1 million increase in deposits.

Over the last year, Unity Bancorp has grown its loan book and earnings, but profitability appears to be coming with a higher funding and credit cost profile. Loans and leases net of allowance increased to $2.57 billion at March 31, 2026, from $2.44 billion a year earlier. At the same time, total equity rose to $358.1 million from $306.1 million.

Key trends from the last several quarters:

  • Q1 2026 net income rose to $14.3 million, up from $11.6 million in Q1 2025.
  • Operating cash flow improved sharply to $14.9 million in Q1 2026 from $6.8 million in Q4 2025.
  • Deposits increased by $55.1 million in Q1 2026, supporting liquidity.
  • Retained earnings climbed to $256.6 million, from $237.5 million at the end of Q1 2025.
  • Total common equity increased to $358.1 million, indicating a stronger capital base.
  • Loan growth has been steady, with net loans and leases rising from $2.32 billion in Q1 2025 to $2.57 billion in Q1 2026.
  • Net interest income held up well at $30.7 million, only modestly below $31.4 million in Q4 2025.
  • Non-interest income remains lumpy quarter to quarter, reflecting gains and service fee variability.
  • Provision for credit losses was $1.0 million in Q1 2026, signaling ongoing credit-cost pressure.
  • Investing cash outflows were large at $47.5 million, reflecting continued security purchases and balance sheet deployment.

Compared with 2024, 2025, and early 2026, Unity Bancorp has generally delivered consistent earnings in the low-to-mid teens millions per quarter, but with some volatility in fee income, deposit movement, and credit provisioning. The bank’s net interest income has remained resilient, yet operating results still depend heavily on deposit costs and the pace of loan growth.

Bottom line: Unity Bancorp looks like a fundamentally profitable regional bank with improving equity and recurring earnings power. That said, investors should watch whether deposit growth continues, whether credit provisions stay contained, and whether investment activity keeps suppressing cash generation in future quarters.

07/05/26 12:33 PM ETAI Generated. May Contain Errors.

Unity Bancorp Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Unity Bancorp's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Unity Bancorp's net income appears to be on an upward trend, with a most recent value of $57.95 million in 2025, rising from $9.56 million in 2015. The previous period was $41.45 million in 2024. Find out what analysts predict for Unity Bancorp in the coming months.

Over the last 10 years, Unity Bancorp's total revenue changed from $41.72 million in 2015 to $131.81 million in 2025, a change of 215.9%.

Unity Bancorp's total liabilities were at $2.62 billion at the end of 2025, a 11.1% increase from 2024, and a 160.4% increase since 2015.

In the past 10 years, Unity Bancorp's cash and equivalents has ranged from $19.70 million in 2022 to $26.05 million in 2021, and is currently $19.84 million as of their latest financial filing in 2025.

Over the last 10 years, Unity Bancorp's book value per share changed from 9.31 in 2015 to 34.43 in 2025, a change of 269.8%.


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Financial statements for NASDAQ:UNTY last updated on 7/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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