Unity Bancorp, Inc. (UNTY)

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Unity Bancorp, Inc. (UNTY) is up 7.9% since the beginning of the year. At $55 per share, UNTY is trading 4.1% below its 52-week high of $58. Investors who bought $1,000 worth of UNTY shares 5 years ago would now be looking at an investment worth $2,728.

Unity Bancorp, Inc. (UNTY) has returned 7.87% so far this year and 28.13% over the past 12 months. Looking at the last ten years, UNTY has achieved an annualized return of 18.83%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.

Based on dividend-adjusted daily data since Jan 20, 1997, UNTY's average daily return is +0.07%, while the average monthly return is +1.06%. At this rate, an investment would double in approximately 5.5 years.

Historically, 51% of months were positive and 49% were negative. The best month was Jan 2001 with a return of +90.7%, while the worst month was Dec 2000 at -33.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 9 months.

On a daily basis, UNTY closed higher 42% of trading days. The best single day was Sep 22, 1998 with a return of +51.5%, while the worst single day was Sep 2, 1998 at -55.1%.

Unity Bancorp, Inc. has an annualized alpha of 16.11%, beta of 0.38, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since January 20, 1997.

• This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (61.94%) than losses (60.54%) - typical of diversified or defensive assets.
• Beta of 0.38 may look defensive, but with R2 of 0.02 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.02 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

UNTY ranks 69 for risk / return — better than 69% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

Unity Bancorp, Inc. provided a 1.12% dividend yield over the last twelve months, with an annual payout of $0.62 per share. The company has been increasing its dividends for 12 consecutive years.

The table displays the monthly dividend distributions for Unity Bancorp, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Unity Bancorp, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Unity Bancorp, Inc. was 88.69%, occurring on Dec 29, 2000. Recovery took 1343 trading sessions.

The current Unity Bancorp, Inc. drawdown is 2.37%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Unity Bancorp, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Unity Bancorp, Inc. is priced in the market compared to other companies in the Banks - Regional industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.