Unity Bancorp, Inc. (UNTY)

Unity Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Interest Income	107.15	98.61	95	90.11	77.04	64.44
Net Interest Income Growth	13.00%	3.80%	5.43%	16.96%	19.56%	11.88%
Non-Interest Income	8.57	7.88	8.14	8.05	11.45	13.06
Non-Interest Income Growth	10.00%	-3.10%	1.12%	-29.71%	-12.39%	37.07%
Revenues Before Loan Losses	115.73	106.49	103.13	98.15	88.48	77.5
Provision for Credit Losses	4.58	2.41	1.83	4.16	0.18	7
Revenue	111.14	104.09	101.3	93.99	88.3	70.5
Revenue Growth (YoY)	10.29%	2.75%	7.77%	6.44%	25.26%	8.42%
Compensation Expenses	31.33	29.75	29.05	26.95	24.77	23.12
Selling, General & Admin	8.15	7.72	6.84	6.38	6.53	5.98
Other Non-Interest Expenses	11.11	11.27	11.09	9.13	8.5	9.54
Total Non-Interest Expense	50.26	48.74	46.98	42.46	40.78	39.26
Pretax Income	66.01	54.39	53	51.42	48.13	31.12
Provision for Income Taxes	15.51	12.94	13.29	12.96	12.01	7.48
Net Income	50.5	41.45	39.71	38.46	36.12	23.64
Net Income to Common	50.5	41.45	39.71	38.46	36.12	23.64
Net Income Growth	30.29%	4.39%	3.25%	6.47%	52.76%	-0.04%
Shares Outstanding (Basic)	10	10	10	11	10	11
Shares Outstanding (Diluted)	10	10	10	11	11	11
Shares Change (YoY)	-0.12%	-1.32%	-3.43%	1.51%	-2.48%	-1.95%
EPS (Basic)	5.03	4.13	3.89	3.66	3.47	2.21
EPS (Diluted)	4.94	4.06	3.84	3.59	3.43	2.19
EPS Growth	30.34%	5.73%	6.96%	4.67%	56.62%	2.34%
Free Cash Flow	32.26	47.29	45.95	41.19	32.33	22.32
Free Cash Flow Growth	-31.78%	2.92%	11.57%	27.40%	44.82%	-31.30%
Free Cash Flow Per Share	3.16	4.64	4.45	3.85	3.07	2.06
Dividends Per Share	0.540	0.520	0.480	0.430	0.360	0.320
Dividend Growth	3.85%	8.33%	11.63%	19.44%	12.50%	3.23%
Profit Margin	45.44%	40.42%	39.70%	40.91%	40.90%	33.54%
FCF Margin	29.03%	46.12%	45.94%	43.82%	36.61%	31.66%
EBITDA	2.8	2.58	2.38	2.76	1.61	1.91
EBITDA Margin	2.51%	2.52%	2.38%	2.93%	1.82%	2.71%
Effective Tax Rate	23.50%	23.79%	25.07%	25.21%	24.96%	24.02%

Updated Aug 6, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q