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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

What these ratings mean

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

Year	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	65.03	60.73	52.48	48.10	41.22	34.24	31.68	30.77	27.83	27.82
Revenue Growth	7.09%	15.72%	9.11%	16.68%	20.38%	8.09%	2.96%	10.54%	0.05%	-
Gross Profit	65.03	60.73	52.48	48.10	41.22	34.24	31.68	30.77	27.83	27.82
Operating Income	30.32	27.31	22.43	20.47	14.37	9.55	7.68	6.47	3.32	2.83
Net Income	23.65	21.92	12.89	13.21	9.56	6.41	5.12	4.24	2.55	2.24
Shares Outstanding	10.85	10.73	10.56	9.42	9.27	8.64	8.30	8.22	8.07	7.89
Earnings Per Share	2.14	2.01	1.20	1.38	1.02	0.74	0.48	0.31	0.12	0.09
EPS Growth	6.47%	67.5%	-13.04%	35.29%	38.59%	52.7%	55.99%	161.86%	29.67%	-
Dividend Per Share	0.31	0.27	0.23	0.17	0.13	0.09	0.03	-	-	-
Dividend Growth	14.81%	17.39%	36.9%	32.28%	39.56%	237.04%	-	-	-	-
Operating Cash Flow	33.20	38.59	14.45	8.79	2.98	11.72	11.45	13.31	16.35	17.01
Capital Expenditures	1.11	-1.51	-1.51	-9.60	-0.95	-0.60	-4.79	-1.82	-1.71	-0.42
Free Cash Flow	34.32	37.08	12.94	-0.81	2.03	11.12	6.66	11.49	14.64	16.59
Cash & Equivalents	158	146	150	106	88.16	130	99.40	94.19	82.57	43.93
Total Debt	293	220	285	131	107	140	122	90.47	90.47	90.47
Net Cash / Debt	-135	-74.80	-135	-25.42	-19.31	-10.64	-23.06	3.73	-7.89	-46.54
Assets	1,719	1,579	1,455	1,190	1,085	1,009	921	820	811	818
Liabilities	1,558	1,441	1,337	1,084	1,006	939	864	742	737	748
Book Value	161	138	118	106	78.47	70.12	57.17	77.51	73.56	70.09

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.