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UNTY

Unity Bancorp, Inc.

UNTY

Unity Bancorp, Inc. • NASDAQ
$50.03 ▼ -0.56% (-0.28)
Market Cap $501.90 M
52w High $54.64
52w Low $36.65
Dividend Yield 0.56%
P/E 9.49
Volume 11.02K
Outstanding Shares 10.03M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $63.052M ▲ $12.38M ▼ $14.395M ▼ 22.83% ▼ $1.43 ▼ $19.593M ▼
Q2-2025 $50.186M ▲ $12.754M ▲ $16.491M ▲ 32.86% ▲ $1.64 ▲ $21.823M ▲
Q1-2025 $42.902M ▲ $12.611M ▲ $11.598M ▲ 27.034% ▼ $1.15 $16.108M ▲
Q4-2024 $42.001M ▼ $12.438M ▲ $11.505M ▲ 27.392% ▲ $1.15 ▲ $15.337M ▼
Q3-2024 $42.13M $11.789M $10.905M 25.884% $1.09 $15.535M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $290.663M ▼ $2.876B ▼ $2.542B ▼ $334.023M ▲
Q2-2025 $305.84M ▲ $2.929B ▲ $2.609B ▲ $319.84M ▲
Q1-2025 $302.031M ▲ $2.768B ▲ $2.462B ▲ $306.142M ▲
Q4-2024 $195.967M ▼ $2.654B ▲ $2.358B ▲ $295.583M ▲
Q3-2024 $292.152M $2.635B $2.351B $284.257M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $14.395M ▼ $45.54M ▲ $-69.112M ▼ $-66.675M ▼ $-90.247M ▼ $45.326M ▲
Q2-2025 $16.491M ▲ $-25.32M ▼ $-35.084M ▲ $142.544M ▲ $82.14M ▲ $-25.507M ▼
Q1-2025 $11.598M ▲ $17.854M ▼ $-82.766M ▼ $96.067M ▲ $31.155M ▲ $17.575M ▼
Q4-2024 $11.505M ▲ $23.02M ▲ $-44.246M ▲ $7.163M ▼ $-14.063M ▼ $22.681M ▲
Q3-2024 $10.905M $17.654M $-46.503M $25.932M $-2.917M $17.515M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Branch fee income
Branch fee income
 $0 ▲$0 ▲$0 ▲$0 ▲
Service and loan fee income
Service and loan fee income
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Unity Bancorp’s income statement shows a pattern of steady, measured growth rather than rapid swings. Revenue has climbed over the past several years, and profitability has kept pace, with operating and net income moving up roughly in line with that growth. Margins have been relatively stable, suggesting the bank has managed funding costs and operating expenses reasonably well despite a changing rate environment. Earnings per share have trended upward each year, indicating not only higher profits but also disciplined capital management. Overall, the income profile looks consistent and resilient, but, as with any bank, it remains sensitive to credit quality and interest rate shifts.

Balance Sheet

Balance Sheet The balance sheet has expanded over time, reflecting growth in the bank’s loan book and customer relationships. Assets and shareholders’ equity have both increased, pointing to a stronger capital base and a more durable franchise. Debt levels rose during the middle of the period but have since eased somewhat, which signals attention to funding mix and balance sheet risk. Cash levels move around, as is common for banks, but do not appear strained in the context of the overall balance sheet. In broad terms, Unity looks conservatively capitalized for a community bank, though it still faces the usual sector risks around loan concentrations and local economic conditions.

Cash Flow

Cash Flow Cash flow from operations has grown steadily alongside earnings, which is what you want to see: profits translating into cash. Free cash flow has broadly matched operating cash flow, reflecting limited capital spending needs for a bank of this size. This combination suggests the business generates dependable internal cash that can support growth, absorb credit losses, and fund returns of capital, subject to regulatory constraints. However, as with all banks, cash flows can change quickly in stressed environments if deposit behavior or credit conditions shift, so this strength should be viewed with that caveat.

Competitive Edge

Competitive Edge Unity sits in the community bank segment, focusing on small and mid-sized businesses and local consumers in its core New Jersey and Pennsylvania markets. Its edge is less about unique technology and more about long-standing relationships, local decision-making, and specialization in areas like SBA lending, where it has earned notable recognition. Programs tailored to business clients and community-focused offerings help deepen customer ties and make relationships stickier. Against that, the bank faces intense competition from larger regional and national players, as well as digital-first institutions, and its geographic concentration ties its fortunes closely to the health of its local economies.

Innovation and R&D

Innovation and R&D Unity is not a heavy spender on proprietary R&D but is an active adopter of proven financial technologies. The integration of a modern lending platform is aimed at speeding up loan decisions, improving compliance, and giving bankers a more complete view of customer relationships. The bank has invested meaningfully in cybersecurity and fraud prevention, which is critical for maintaining trust. Digital tools for businesses and consumers—online and mobile banking, remote deposit, electronic payments, and fraud controls—are designed to match customer expectations while keeping the personal, relationship-driven feel. Looking forward, the main innovation levers appear to be deeper fintech partnerships, continued enhancement of digital banking, and selective branch expansion rather than disruptive new products.

Summary

Taken together, Unity Bancorp looks like a steadily growing, profitable community bank that balances traditional relationship banking with practical technology upgrades. The financial statements show consistent earnings, a gradually strengthening capital base, and solid cash generation, all without dramatic volatility. Strategically, its strength lies in local market intimacy, SBA lending expertise, and community engagement, supported by modern—but not cutting-edge—digital capabilities. Key uncertainties center on interest rate movements, local economic cycles, credit quality, and the pace of technological change in banking. Unity’s future performance will largely depend on how well it maintains asset quality and community relationships while continuing to modernize its systems in a very competitive and regulated industry.

NEWS

November 20, 2025 · 4:23 PM UTC

Unity Bancorp, Inc. Announces Executive Leadership Promotions

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November 20, 2025 · 4:05 PM UTC

Unity Bancorp Announces Fourth Quarter Dividend

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October 14, 2025 · 6:00 AM UTC

Unity Bancorp Reports Quarterly Earnings of $14.4 Million

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