Unity Bancorp (UNTY) could produce exceptional returns because of its solid growth attributes.
Unity Bancorp (UNTY) could produce exceptional returns because of its solid growth attributes.
The financial sector is booming, including small caps like Unity Bancorp NASDAQ: UNTY, Plumas Bancorp NASDAQ: PLBC, and Community Trust Bancorp NASDAQ: CTBI. The results from 2024 show consumers remain healthy, commercial volumes are improving, and higher-for-longer interest rates drive solid investment income.
The headline numbers for Unity Bancorp (UNTY) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Unity Bancorp (UNTY) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $0.96 per share a year ago.
Unity Bancorp (UNTY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
CLINTON, N.J., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Start your journey with a boost – for both you and your electric vehicle – at Unity Bank's new EV charging stations, now open to the public at its Clinton, New Jersey headquarters.
Unity Bancorp (UNTY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Unity Bancorp (UNTY) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.97 per share a year ago.
CLINTON, N.J., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Unity Bank is inviting classic car owners and local businesses to participate in the 18th Annual Crusin' Bob's Classic Car Show, which will be held at the bank's Clinton headquarters, 64 Old Highway 22 in Clinton, on Sunday, October 27th, from 10:00 a.m.