Unity Bancorp

Unity Bancorp, Inc. is a financial service organization headquartered in Clinton, New Jersey. Unity Bank provides financial services to retail, corporate and small business customers through its 15 retail service centers located in Hunterdon, Middlesex, Somerset, Union and Warren Counties in New Jersey and Northampton County, Pennsylvania. The Company, through the Bank, conducts a traditional and community-oriented commercial banking business, and offers services, including personal and business checking accounts and time deposits, money market accounts and regular savings accounts.

Company Growth (employees)
Type
Public
HQ
Clinton, US
Founded
1991
Size (employees)
175 (est)
Unity Bancorp was founded in 1991 and is headquartered in Clinton, US

Unity Bancorp Office Locations

Unity Bancorp has an office in Clinton
Clinton, US (HQ)
64 Old Hwy 22

Unity Bancorp Financials and Metrics

Unity Bancorp Financials

Unity Bancorp's revenue was reported to be $58.1 m in FY, 2016
USD

Net income (Q3, 2017)

3.8 m

EBIT (Q3, 2017)

11.3 m

Market capitalization (11-Dec-2017)

217.4 m

Cash (30-Sep-2017)

104.8 m
Unity Bancorp's current market capitalization is $217.4 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

34 m44.1 m49.4 m58.1 m

Revenue growth, %

30%12%18%

Cost of goods sold

7.7 m8.8 m

Gross profit

41.7 m49.3 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

12.1 m12.8 m15.5 m13.7 m14.3 m14.8 m15.5 m

Cost of goods sold

1.8 m1.9 m2.2 m2.1 m2.2 m2.2 m2.3 m

Gross profit

10.3 m10.9 m13.3 m11.6 m12 m12.6 m13.2 m

Gross profit Margin, %

85%85%86%84%85%85%85%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

99.4 m129.8 m88.2 m105.9 m

Accounts Receivable

3.3 m3.5 m3.9 m4.5 m

PP&E

15.7 m15.2 m15.2 m23.4 m

Total Assets

921.1 m1 b1.1 b1.2 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

74.7 m128.2 m95.3 m101.6 m133.8 m90.4 m88.9 m126.5 m96.1 m84.7 m103.2 m104.8 m104.8 m

PP&E

15.7 m15.5 m15.5 m15.4 m15.5 m15.4 m15.3 m19.2 m20.4 m22.3 m23.3 m23.1 m

Goodwill

1.5 m

Total Assets

876.1 m961.2 m932.4 m969.6 m1 b1 b1.1 b1.1 b1.1 b1.2 b1.2 b1.3 b1.3 b
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    5.1 m6.4 m9.6 m13.2 m

    Depreciation and Amortization

    1.3 m1.4 m530 k734 k

    Cash From Operating Activities

    11.4 m11.7 m3 m8.8 m

    Purchases of PP&E

    (29.1 m)(9.9 m)(2.3 m)(9.3 m)
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    3.8 m1.3 m2.8 m4.7 m1.9 m4.4 m6.9 m4.2 m7 m10 m3.2 m6.6 m3.8 m

    Depreciation and Amortization

    961 k397 k610 k902 k166 k352 k493 k247 k504 k632 k249 k797 k

    Cash From Operating Activities

    9.7 m2.1 m3.6 m5.2 m561 k(93 k)(361 k)3.9 m5.3 m6.8 m10.7 m12.7 m

    Purchases of PP&E

    (25.9 m)(9.9 m)(9.9 m)(9.9 m)(9.9 m)(1 m)(1 m)(2.1 m)(4.2 m)(8.3 m)(15.5 m)(25.7 m)
      Y, 2017

      Financial Leverage

      11.5 x
      Show all financial metrics

      Unity Bancorp Operating Metrics

      Unity Bancorp's Total Loans Issued was reported to be $1 b in Q2, 2017
      FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

      Total Loans Issued

      $761.83 m$784.64 m$821.7 m$855.56 m$888.96 m$886.99 m$915.04 m$949.83 m$973.41 m$1 b$1.05 b

      Non-performing Loans

      $11.37 m$9.14 m$8.84 m$10.74 m$7.26 m$6.89 m$6.54 m$6.53 m$7.24 m$7.76 m$5.68 m

      Bank Branches

      151516
      Show all operating metrics

      Unity Bancorp Market Value History

      Unity Bancorp's Web-traffic and Trends

      Unity Bancorp Company Life and Culture

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