UNITY BANCORP INC /NJ/ UNTY

Financials SIC 6022 - State Commercial Banks NAICS Finance and Insurance › Credit Intermediation and Related Activities › Depository Credit Intermediation › Commercial Banking derived Nasdaq

Unity Bancorp, Inc., ("we", "us", "our", the "Company" or "Registrant"), is a bank holding company incorporated under the laws of the State of New Jersey to serve as a holding company for Unity Bank (the "Bank"). The Company has also elected to become a financial holding company pursuant to regulations of the Board of Governors of the Federal Reserve system (the "FRB"). The Company was organized at the direction of the Board of Directors of the Bank for the purpose of acquiring all the capital stock of the Bank. Pursuant to the New Jersey Banking Act of 1948 (the "Banking Act"), and pursuant to approval of the shareholders of the Bank, the Company acquired the Bank and became its holding company on December 1, 1994. The primary activity of the Company is ownership and supervision of the Bank. The Company also owns 100 percent of the common equity of Unity (NJ) Statutory Trust II. The trust has issued $10.3 million of preferred securities to investors.

Last close 58.14 2026-10-23
Market cap $583.9M 2026-06-30 share count
52-week range 44.34 - 62.50

Valuation FY2025 figures against the last close

P/S3.4x
P/E10.3x
P/FCF13.2x
EV/EBITDA—
Dividend yield1.0%
Diluted EPS5.67

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $173.6M$155.7M$143.5M$100.7M$84.8M$78.9M$75.6M$67.3M$55.3M$47.0M
Interest expense $117.0M$98.6M$95.0M$10.6M$7.7M$14.5M$18.1M$13.5M$9.5M$8.8M
Pre-tax income $75.5M$54.4M$53.0M$51.4M$48.1M$31.1M$30.3M$27.3M$22.4M$20.5M
Income tax $17.6M$12.9M$13.3M$13.0M$12.0M$7.5M$6.7M$5.4M$9.5M$7.3M
Net income $58.0M$41.5M$39.7M$38.5M$36.1M$23.6M$23.7M$21.9M$12.9M$13.2M
EPS, basic 5.784.133.893.663.472.212.182.041.221.40
EPS, diluted 5.674.063.843.593.432.192.142.011.201.38
Shares, diluted (wtd. avg.) 10.2M10.2M10.3M10.7M10.5M10.8M11.0M10.9M10.7M9.6M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $216.5M$180.4M$194.8M$114.8M$244.8M$219.3M$158.0M$145.5M$150.3M$105.9M
Property, plant and equipment $18.0M$18.8M$19.6M$20.0M$19.9M$20.2M$21.3M$23.4M$23.5M$23.4M
Goodwill $1.5M$1.5M$1.5M$1.5M$1.5M$1.5M$1.5M$1.5M$1.5M$1.5M
Total assets $2.97B$2.65B$2.58B$2.44B$2.03B$1.96B$1.72B$1.58B$1.46B$1.19B
Long-term debt —$230.8M$366.7M$393.3M$50.3M$210.3M$293.3M$220.3M$285.3M$131.3M
Total liabilities $2.62B$2.36B$2.32B$2.21B$1.83B$1.79B$1.56B$1.44B$1.34B$1.08B
Retained earnings $243.9M$227.3M$191.1M$157.0M$123.0M$90.7M$70.4M$50.2M$31.1M$20.7M
Total equity $345.6M$295.6M$261.4M$239.2M$205.7M$173.9M$160.7M$138.5M$118.1M$106.3M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $44.9M$48.0M$46.9M$42.7M$32.5M$22.3M$33.2M$38.6M$14.4M$8.8M
Depreciation and amortisation $1.4M$1.5M$1.4M$1.4M$1.6M$1.6M$1.7M$1.6M$1.4M$1.1M
Stock-based compensation $2.1M$1.8M$1.8M$1.7M$1.6M$1.4M$1.3M$1.1M$746.0K$545.0K
Capital expenditure $564.0K$693.0K$955.0K$1.5M$1.2M$559.0K$709.0K$1.5M$1.5M$9.6M
Investing cash flow -$256.8M-$92.8M-$57.8M-$541.3M-$40.5M-$175.4M-$133.1M-$140.7M-$219.6M-$81.8M
Financing cash flow $248.0M$30.5M$90.9M$368.6M$33.5M$214.3M$112.4M$97.3M$249.5M$90.8M
Dividends paid $5.6M$5.0M$4.7M$4.4M$3.6M$3.3M$3.3M$2.8M$2.4M$1.5M
Buybacks $5.0M$6.2M$15.7M$42.0K$4.2M$7.4M————

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000920427-26-000012.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 50M 100M 150M 200M Revenue, FY2016: 47M Net income, FY2016: 13.2M Revenue, FY2017: 55.3M Net income, FY2017: 12.9M Revenue, FY2018: 67.3M Net income, FY2018: 21.9M Revenue, FY2019: 75.6M Net income, FY2019: 23.7M Revenue, FY2020: 78.9M Net income, FY2020: 23.6M Revenue, FY2021: 84.8M Net income, FY2021: 36.1M Revenue, FY2022: 100.7M Net income, FY2022: 38.5M Revenue, FY2023: 143.5M Net income, FY2023: 39.7M Revenue, FY2024: 155.7M Net income, FY2024: 41.5M Revenue, FY2025: 173.6M Net income, FY2025: 58M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $47.0M $55.3M $67.3M $75.6M $78.9M $84.8M $100.7M $143.5M $155.7M $173.6M
Gross profit — — — — — — — — — —
Net income $13.2M $12.9M $21.9M $23.7M $23.6M $36.1M $38.5M $39.7M $41.5M $58.0M

Recent filings and events

  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event Item 8.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Other event Item 8.01
  • Results announced Item 2.02
  • Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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