Unity Bancorp, Inc. (UNTY)

Unity Bancorp Statistics

Total Valuation

Unity Bancorp has a market cap or net worth of $438.59 million. The enterprise value is $520.86 million.

Market Cap	438.59M
Enterprise Value	520.86M

Important Dates

The next estimated earnings date is Friday, January 10, 2025, before market open.

Earnings Date	Jan 10, 2025
Ex-Dividend Date	Dec 13, 2024

Share Statistics

Unity Bancorp has 9.99 million shares outstanding. The number of shares has decreased by -2.62% in one year.

Current Share Class	9.99M
Shares Outstanding	9.99M
Shares Change (YoY)	-2.62%
Shares Change (QoQ)	-0.01%
Owned by Insiders (%)	11.11%
Owned by Institutions (%)	40.22%
Float	6.27M

Valuation Ratios

The trailing PE ratio is 11.26 and the forward PE ratio is 9.97.

PE Ratio	11.26
Forward PE	9.97
PS Ratio	4.38
Forward PS	3.71
PB Ratio	1.54
P/TBV Ratio	1.55
P/FCF Ratio	8.89
P/OCF Ratio	8.79
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	13.11
EV / Sales	5.17
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	10.55

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	5.61
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 14.80%.

Return on Equity (ROE)	14.80%
Return on Assets (ROA)	1.53%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$425,376
Profits Per Employee	$167,574
Employee Count	237
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, Unity Bancorp has paid $13.24 million in taxes.

Income Tax	13.24M
Effective Tax Rate	25.00%

Stock Price Statistics

The stock price has increased by +57.31% in the last 52 weeks. The beta is 1.04, so Unity Bancorp's price volatility has been similar to the market average.

Beta (5Y)	1.04
52-Week Price Change	+57.31%
50-Day Moving Average	43.17
200-Day Moving Average	33.08
Relative Strength Index (RSI)	46.04
Average Volume (20 Days)	32,747

Short Selling Information

The latest short interest is 30,970, so 0.31% of the outstanding shares have been sold short.

Short Interest	30,970
Short Previous Month	33,175
Short % of Shares Out	0.31%
Short % of Float	0.49%
Short Ratio (days to cover)	1.12

Income Statement

In the last 12 months, Unity Bancorp had revenue of $100.81 million and earned $39.72 million in profits. Earnings per share was $3.90.

Revenue	100.81M
Gross Profit	100.81M
Operating Income	54.21M
Pretax Income	51.43M
Net Income	39.72M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$3.90

Balance Sheet

The company has $194.83 million in cash and $277.11 million in debt, giving a net cash position of -$82.27 million or -$8.24 per share.

Cash & Cash Equivalents	194.83M
Total Debt	277.11M
Net Cash	-82.27M
Net Cash Per Share	-$8.24
Equity (Book Value)	284.26M
Book Value Per Share	28.48
Working Capital	-2.12B

Cash Flow

In the last 12 months, operating cash flow was $49.87 million and capital expenditures -$515,000, giving a free cash flow of $49.35 million.

Operating Cash Flow	49.87M
Capital Expenditures	-515,000
Free Cash Flow	49.35M
FCF Per Share	$4.94

Margins

Gross Margin	n/a
Operating Margin	53.77%
Pretax Margin	52.52%
Profit Margin	39.39%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	48.96%

Dividends & Yields

This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 1.18%.

Dividend Per Share	$0.52
Dividend Yield	1.18%
Dividend Growth (YoY)	8.33%
Years of Dividend Growth	10
Payout Ratio	13.33%
Buyback Yield	2.62%
Shareholder Yield	3.80%
Earnings Yield	9.06%
FCF Yield	11.25%

Analyst Forecast

The average price target for Unity Bancorp is $47.50, which is 8.15% higher than the current price. The consensus rating is "Buy".

Price Target	$47.50
Price Target Difference	8.15%
Analyst Consensus	Buy
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on September 13, 2016. It was a forward split with a ratio of 1.1:1.

Last Split Date	Sep 13, 2016
Split Type	Forward
Split Ratio	1.1:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4