OverviewSuggest Edit

Unity Bancorp provides a range of business and consumer financial services to individuals, small and medium sized businesses, and professional communities. The Сompany offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts. It also provides commercial, small business administration, consumer, mortgage, home equity, and personal loans.
TypePublic
Founded1991
HQClinton, US
Websiteunitybank.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2019)197(+3%)
Job Openings14
Revenue (FY, 2019)$9.5 M(+6%)
Share Price (Sept 2020)$11.2 (-3%)
Cybersecurity ratingAMore

Unity Bancorp Office Locations

Unity Bancorp has an office in Clinton
Clinton, US (HQ)
64 Old Hwy 22
Show all (1)

Unity Bancorp Financials and Metrics

Unity Bancorp Revenue

Unity Bancorp's revenue was reported to be $9.54 m in FY, 2019
USD

Revenue (Q2, 2020)

2.8m

Net income (Q2, 2020)

5.2m

Market capitalization (22-Sept-2020)

119.7m

Closing stock price (22-Sept-2020)

11.2

Cash (30-Jun-2020)

24.1m
Unity Bancorp's current market capitalization is $119.7 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

82.6m94.2m99.4m29.4m22.7m105.9m23.7m20.0m21.1m

Accounts Receivable

576.2m572.3m665.6m749.3m876.2m4.5m1.2b1.3b1.4b

Prepaid Expenses

2.7m3.3m3.1m6.4m8.6m7.6m

Inventories

USDQ2, 2011

Financial Leverage

11.2 x
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Unity Bancorp Operating Metrics

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

Bank Branches

15 15 16

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

Total Loans

$761.83 m$784.64 m$821.70 m$855.56 m$888.96 m$886.99 m$915.04 m$949.83 m$973.41 m$1 b$1.05 b
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Unity Bancorp Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Unity Bancorp Online and Social Media Presence

Embed Graph

Unity Bancorp News and Updates

Unity Bancorp Reports Quarterly Earnings of $5.2 Million

CLINTON, N.J., July 23, 2020 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.2 million, or $0.47 per diluted share, for the quarter ended June 30, 2020, an 11.4 percent decrease compared to $5.8 million, or $0.53 per diluted share for…

Unity Bancorp Reports Quarterly Earnings of $5.4 Million

CLINTON, N.J., April 17, 2020 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.4 million, or $0.49 per diluted share, for the quarter ended March 31, 2020, a 6.5% decrease compared to the $5.7 million, or $0.52 per diluted share report…

Unity Bancorp, Inc. Announces Changes to the Manner of Holding the Annual Meeting of Shareholders to be Held on April 23, 2020

CLINTON, N.J., March 31, 2020 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ “UNTY”) announced today that due to the public health impact of the coronavirus outbreak (COVID-19), to support the health and well-being of our partners and shareholders, and to ensure compliance with all governmental d…

Unity Bancorp Reports Quarterly Earnings up 8.5%

CLINTON, N.J., Oct. 17, 2019 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $6.0 million, or $0.54 per diluted share, for the quarter ended September 30, 2019, an 8.5 percent increase compared to the $5.5 million, or $0.50 per diluted s…

Unity Bancorp Reports Quarterly Earnings up 9.8%

CLINTON, N.J., April 18, 2019 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.7 million, or $0.52 per diluted share, for the quarter ended March 31, 2019, compared to $5.2 million, or $0.48 per diluted share, for the prior year’s quar…

Unity Bancorp Reports Quarterly Earnings of $5.8 Million

CLINTON, N.J., Jan. 23, 2019 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.8 million, or $0.53 per diluted share, for the quarter ended December 31, 2018, compared to $2.5 million, or $0.23 per diluted share, for the prior year’s qu…
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Unity Bancorp Frequently Asked Questions

  • When was Unity Bancorp founded?

    Unity Bancorp was founded in 1991.

  • How many employees does Unity Bancorp have?

    Unity Bancorp has 197 employees.

  • What is Unity Bancorp revenue?

    Latest Unity Bancorp annual revenue is $9.5 m.

  • What is Unity Bancorp revenue per employee?

    Latest Unity Bancorp revenue per employee is $48.4 k.

  • Who are Unity Bancorp competitors?

    Competitors of Unity Bancorp include Kentucky Bancshares, MBT Financial and HomeStreet.

  • Where is Unity Bancorp headquarters?

    Unity Bancorp headquarters is located at 64 Old Hwy 22, Clinton.

  • Where are Unity Bancorp offices?

    Unity Bancorp has an office in Clinton.

  • How many offices does Unity Bancorp have?

    Unity Bancorp has 1 office.