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Unity Bancorp, Inc. (UNTY)

Stock Price: $13.26 USD -0.30 (-2.21%)
Updated Aug 11, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 141.60M
Revenue (ttm) 64.38M
Net Income (ttm) 22.62M
Shares Out 10.68M
EPS (ttm) 2.05
PE Ratio 6.47
Forward PE 6.14
Dividend $0.32
Dividend Yield 2.41%

Stock Quote

Trading Day Aug 11, 2020
Last Price $13.26
Previous Close $13.56
Change ($) -0.30
Change (%) -2.21%
Day's Open 13.75
Day's Range 13.26 - 13.75
Day's Volume 15,901
52-Week Range 8.76 - 24.70

More Stats

Market Cap 141.60M
Enterprise Value 188.23M
Earnings Date (est) Oct 15, 2020
Ex-Dividend Date Jun 11, 2020
Shares Outstanding 10.68M
Float 6.09M
EPS (basic) 2.08
EPS (diluted) 2.05
FCF / Share 3.52
Dividend $0.32
Dividend Yield 2.41%
Earnings Yield 15.46%
FCF Yield 26.86%
Payout Ratio n/a
Shares Short 53,874
Short Ratio 3.92
Short % of Float 0.72%
Beta 1.23
PE Ratio 6.47
Forward PE 6.14
P/FCF Ratio 3.72
PS Ratio 2.20
PB Ratio 0.83
Revenue 64.38M
Operating Income 29.20M
Net Income 22.62M
Free Cash Flow 38.03M
Net Cash -46.63M
Net Cash / Share -4.37
Gross Margin 99.82%
Operating Margin 45.35%
Profit Margin 34.70%
FCF Margin 59.07%
ROA 1.28%
ROE 14.32%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (3)

Buy 3
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$17.50*
(31.98% upside)
Low
16.5
Current: $13.26
High
18.0
Target: 17.50
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue65.0360.7352.4848.1041.2234.2431.6830.7727.8327.82
Revenue Growth7.09%15.72%9.11%16.68%20.38%8.09%2.96%10.54%0.05%-
Gross Profit65.0360.7352.4848.1041.2234.2431.6830.7727.8327.82
Operating Income30.3227.3122.4320.4714.379.557.686.473.322.83
Net Income23.6521.9212.8913.219.566.415.124.242.552.24
Shares Outstanding10.8510.7310.569.429.278.648.308.228.077.89
Earnings Per Share2.142.011.201.381.020.740.480.310.120.09
EPS Growth6.47%67.5%-13.04%35.29%38.59%52.7%55.99%161.86%29.67%-
Dividend Per Share0.310.270.230.170.130.090.03---
Dividend Growth14.81%17.39%36.9%32.28%39.56%237.04%----
Operating Cash Flow33.2038.5914.458.792.9811.7211.4513.3116.3517.01
Capital Expenditures1.11-1.51-1.51-9.60-0.95-0.60-4.79-1.82-1.71-0.42
Free Cash Flow34.3237.0812.94-0.812.0311.126.6611.4914.6416.59
Cash & Equivalents15814615010688.1613099.4094.1982.5743.93
Total Debt29322028513110714012290.4790.4790.47
Net Cash / Debt-135-74.80-135-25.42-19.31-10.64-23.063.73-7.89-46.54
Assets1,7191,5791,4551,1901,0851,009921820811818
Liabilities1,5581,4411,3371,0841,006939864742737748
Book Value16113811810678.4770.1257.1777.5173.5670.09
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Unity Bancorp, Inc.
Country United States
Employees 191
CEO James A. Hughes

Stock Information

Ticker Symbol UNTY
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: UNTY
IPO Date January 20, 1997

Description

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. It offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts. The company also provides commercial, small business administration, consumer, mortgage, home equity, and personal loans. As of December 31, 2019, it offered its financial 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. The company was founded in 1991 and is based in Clinton, New Jersey.