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Unity Bancorp inc   (UNTY)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $28.0200 $1.22 4.552%
Day's High: $28.02 Week Perf: 1.3 %
Day's Low: $ 26.41 30 Day Perf: 2.71 %
Volume (M): 39 52 Wk High: $ 30.70
Volume (M$): $ 1,090 52 Wk Avg: $25.07
Open: $26.41 52 Wk Low: $20.01



 Market Capitalization (Millions $) 290
 Shares Outstanding (Millions) 10
 Employees 150
 Revenues (TTM) (Millions $) 100
 Net Income (TTM) (Millions $) 40
 Cash Flow (TTM) (Millions $) 80
 Capital Exp. (TTM) (Millions $) 1

Unity Bancorp Inc

The Companys 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, including personal and business checking accounts, time deposits, money market accounts and regular savings accounts. The Company structures its specific services and charges in a manner designed to attract the business of the small and medium sized business and professional community, as well as that of individuals residing, working and shopping in its service area. The Company engages in a wide range of lending activities and offers commercial, Small Business Administration (“SBA”), consumer, mortgage, home equity and personal loans.

The Bank opened for business on September 16, 1991. The Bank received its charter from the New Jersey Department of Banking and Insurance on September 13, 1991. The Bank is a full-service commercial bank, providing a wide range of business and consumer financial services through its main office in Clinton, New Jersey and fourteen New Jersey branches located in Clinton, Edison, Flemington, Highland Park, Linden, Middlesex, North Plainfield, Phillipsburg, Scotch Plains, Somerset, South Plainfield, Union, Washington and Whitehouse. In addition, the Bank has one Pennsylvania branch located in Forks Township. The Banks primary service area encompasses the Route 22/Route 78 corridors between the Forks Township, Pennsylvania office and its Linden, New Jersey branch.

 



   Company Address: 64 Old Highway 22 Clinton 8809 NJ
   Company Phone Number: 730-7630   Stock Exchange / Ticker: NASDAQ UNTY
    Next quarterly dividend pay out on March 29, 2024.


Customers Net Income fell by UNTY's Customers Net Profit Margin fell to

-4.36 %

11.29 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BANR   -2.53%    
BK   -0.33%    
BPOP   -2.87%    
CFG   -2.19%    
FITB   -2.51%    
NTRS        1.27% 
• View Complete Report
   



Unity Bancorp Inc

Unity Bancorp Inc Weathered the Storm in Q4 2023, Despite Revenue Decline


Byline:
Publication: The

Unity Bancorp Inc, the parent company of Unity Bank, has recently released its financial results for the fourth quarter of 2023. Despite a decline in revenue, the company managed to increase its earnings per share, showcasing resilience and strategic focus in a challenging economic environment.
During the fourth quarter, Unity Bancorp reported a 6.76% increase in income per share to $0.97, while revenue fell by -0.695% year on year to $24.85 million. Compared to the preceding quarter, income remained consistent at $0.97 per share, while revenue decreased by -0.767% from $25.04 million.

Dividend

Unity Bancorp Boosts First Quarter Dividend by 8%, Demonstrating Strong Commitment to Shareholders

Published Thu, Feb 22 2024 9:02 PM UTC

Unity Bancorp Announces 8% Increase in First Quarter Dividend
CLINTON, N.J., Feb. 22, 2024 - In a recent press release, Unity Bancorp, Inc. (NASDAQ: UNTY) - the parent company of Unity Bank - announced an 8% increase in its first-quarter dividend. The Board of Directors declared a cash dividend of $0.13 per common share, payable on March 29, 2024, to shareholders of reco...

Product Service News

Navigating Challenges: Unity Bank Supports Assisted Living Center Amidst Fluctuating Corporate Performance

Published Thu, Dec 21 2023 6:20 PM UTC

Unity Bank Provides Multimillion Construction Loan for Clinton 122-Unit Assisted Living & Memory Care Center where Adult Day Care Center Also To Be Offered at Former Holiday Inn PropertyUnity Bancorp Inc's Corporate Customers Experience Increase in Cost of Revenue, While Revenues Show Mixed ResultsUnity Bancorp Inc, a prominent financial institution, recently announced its p...

Dividend

Unity Bancorp Boosts Investor Confidence with Cash Dividend Declaration and Commitment to Shareholders

Published Thu, Nov 16 2023 9:06 PM UTC


Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, recently made an exciting announcement regarding a cash dividend for its shareholders. The Board of Directors has declared a dividend of $0.12 per common share, demonstrating the company's commitment to providing returns to its investors. This dividend is scheduled to be distributed on December 29, 20...

Unity Bancorp Inc

Unity Bancorp Inc Reports Impressive 4.3% Increase in Moderate Income per Share for Q3 2023

Unity Bancorp Inc, the parent company of Unity Bank, has released its financial results for the third quarter of 2023. The company reported a 7.334% increase in revenue compared to the prior year, reaching $25.04 million. This growth exceeded the industry average, as the rest of the Regional Banks industry only saw a 0.27% increase in revenue during the same period.
Net income also saw a moderate increase of 2.6% to $9.9 million, resulting in an earnings per share of $0.97. This improvement in the bottom line demonstrates the company's strong performance in generating profits.






 

Unity Bancorp Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Unity Bancorp Inc does not provide revenue guidance.

Earnings Outlook
Unity Bancorp inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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