|
Price: $33.2600
$0.38 
1.156%
|
| Day's High:
| $33.635
| Week Perf:
| 3.26 %
|
| Day's Low: |
$ 33.26 |
30 Day Perf: |
4.53 % |
| Volume (M): |
11 |
52 Wk High: |
$ 35.66 |
| Volume (M$): |
$ 363 |
52 Wk Avg: |
$27.88 |
| Open: |
$33.36 |
52 Wk Low: |
$22.50 |
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| Market Capitalization (Millions $) |
338 |
| Shares
Outstanding (Millions) |
10 |
| Employees |
150 |
| Revenues (TTM) (Millions $) |
99 |
| Net Income (TTM) (Millions $) |
39 |
| Cash Flow (TTM) (Millions $) |
46 |
| 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: 618-2265 Stock Exchange / Ticker: NASDAQ UNTY
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Customers Net Income fell by |
UNTY's Customers Net Profit Margin fell to |
-60.82 % |
5.98 %
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| Stock Performances by Major Competitors |
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| Product Service News
Published Thu, Aug 22 2024 4:44 PM UTC
'Unity Bank Achieves Noteworthy Rankings in National Banking Sector''By CSIMarket.com Staff Writer'Unity Bank continues to solidify its reputation in the financial industry, recently being ranked 13th nationally and 5th in Return on Assets (ROA) among banks with assets under $5 billion, according to the latest listings from Bank Director Magazine. This notable achievement ...
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| Dividend
Published Thu, Aug 15 2024 8:02 PM UTC
In a noteworthy announcement on August 15, 2024, Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, declared a cash dividend of $0.13 per common share. This decision reflects the company?s ongoing commitment to its shareholders and will be payable on September 20, 2024, to those on record as of September 6, 2024.
As of the writing of this article...
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| Stock Market Announcement
Published Thu, Aug 1 2024 1:01 PM UTC
Unity Bancorp Announces New Share Repurchase Program to Boost Investor Confidence
CLINTON, N.J., Aug. 01, 2024 - Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, has recently made an exciting announcement that is sure to grab the attention of investors. The company's Board of Directors has approved a new Share Repurchase Program, signaling its commit...
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| Dividend
Published Thu, May 16 2024 8:01 PM UTC
UNITY BANCORP DECLARES CASH DIVIDEND DESPITE CHALLENGING MARKET CONDITIONS
Clinton, N.J., May 16, 2024 - Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, announced today that its Board of Directors has declared a cash dividend of $0.13 per common share. This dividend, payable on June 21, 2024, will be distributed to shareholders of record as of June ...
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| Unity Bancorp Inc
Unity Bancorp Inc Reports Disappointing Q1 2024 Results but Remains Optimistic for Future Performance
CLINTON, N.J., April 12, 2024 - Unity Bancorp Inc (NASDAQ: UNTY) recently announced its financial results for the first quarter ended March 31, 2024, revealing a decline in earnings per share (EPS) and revenue.
EPS deteriorated by -3.12% to $0.93 from $0.96 in the same period of the previous year, while revenue decreased by -1.201% to $24.92 million in the first quarter of 2024 compared to $25.22 million in the previous year. In comparison to the prior quarter, EPS decreased from $0.97 per share, but revenue increased by 0.266% from $24.85 million.
Furthermore, the company reported a drop in earnings, which fell by -6.81% to $9.586 million in the first quarter of 2024 from $10.287 million in the corresponding period the previous year.
Looking at Unity Bancorp Inc's profitability, the operating margin decreased to 51.31%, and the net margin shrank to 38.47%. Operating earnings also decreased by -7.3% to $12.784 million, resulting in a decrease in the operating margin compared to the first quarter of 2023.
|
| Per Share |
Current |
| Earnings (TTM) |
3.8 $ |
| Revenues (TTM) |
9.79 $
|
| Cash Flow (TTM) |
4.55 $ |
| Cash |
14.31 $
|
| Book Value |
26.94 $
|
| Dividend (TTM) |
0.47 $ |
|
|
| Per Share |
|
| Earnings (TTM) |
3.8 $
|
| Revenues (TTM) |
9.79 $ |
| Cash Flow (TTM) |
4.55 $ |
| Cash |
14.31 $
|
| Book Value |
26.94 $ |
| Dividend (TTM) |
0.47 $ |
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4.47%