Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
14 January 1997Website:
http://www.unitybank.comNext earnings report:
12 July 2024Last dividends:
07 June 2024Next dividends:
N/APrice
after hours | Fri, 05 Jul 2024 20:30:21 GMTAnalysts recommendations
Institutional Ownership
UNTY Latest News
The key figures for Unity Bancorp (UNTY) offer a glimpse into the company's performance in the first quarter of 2024, but it could be beneficial to compare certain important metrics with Wall Street projections and the figures from the same period last year.
Gain a more in-depth understanding of Unity Bancorp's (UNTY) potential performance for the first quarter of 2024 by looking beyond Wall Street's revenue and profit forecasts and analyzing the projections for its critical indicators.
Unity Bancorp (UNTY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Unity Bancorp (UNTY) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
The headline numbers for Unity Bancorp (UNTY) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Unity Bancorp has posted a rise in third-quarter revenue and earnings that beat analysts' expectations in what it called a “challenging economic environment.” Its shares rose 0.8% to $23.73 in early Friday trading in New York.
Unity Bancorp (UNTY) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.93 per share a year ago.
Solid revenue growth, opening new branches, efforts to bolster fee income and efficient capital deployments make Unity Bancorp (UNTY) stock a compelling investment idea.
On July 14, 2023, Unity Bancorp Inc ( UNTY , Financial) recorded a significant price change of 5.15%, with the stock trading at $24.3 per share. Boasting a market cap of $244.7 million and sales of $100.8 million, the company's EPS stands at $3.7.
Although the revenue and EPS for Unity Bancorp (UNTY) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
What type of business is Unity Bancorp?
Unity Bancorp, Inc. operates as the holding company for Unity Bank that provides commercial and retail banking products and services to individuals, small and medium sized businesses, and professional communities. The company offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts, as well as noninterest and interest-bearing demand deposits. It also provides small business administration loans; commercial loans; and residential mortgage and consumer loans, including residential real estate, home equity lines and loans, and residential construction lines, as well as personal loans. the company offered its services through the Internet and nineteen branch offices located in Bergen, Hunterdon, Middlesex, Somerset, Union, and Warren counties in New Jersey, as well as Northampton County, Pennsylvania. Unity Bancorp, Inc. was incorporated in 1991 and is based in Clinton, New Jersey.
What sector is Unity Bancorp in?
Unity Bancorp is in the Financial Services sector
What industry is Unity Bancorp in?
Unity Bancorp is in the Banks - Regional industry
What country is Unity Bancorp from?
Unity Bancorp is headquartered in United States
When did Unity Bancorp go public?
Unity Bancorp initial public offering (IPO) was on 14 January 1997
What is Unity Bancorp website?
https://www.unitybank.com
Is Unity Bancorp in the S&P 500?
No, Unity Bancorp is not included in the S&P 500 index
Is Unity Bancorp in the NASDAQ 100?
No, Unity Bancorp is not included in the NASDAQ 100 index
Is Unity Bancorp in the Dow Jones?
No, Unity Bancorp is not included in the Dow Jones index
When does Unity Bancorp report earnings?
The next expected earnings date for Unity Bancorp is 12 July 2024