Unity Bancorp, Inc. (UNTY)
Company Info
| ISIN | US9132901029 |
|---|---|
| CUSIP | 913290102 |
| Sector | Financial Services |
| Industry | Banks - Regional |
| IPO Date | Jan 20, 1997 |
Highlights
| Market Cap | $452.59M |
|---|---|
| EPS (TTM) | $3.95 |
| PE Ratio | 11.48 |
| Total Revenue (TTM) | $117.90M |
| Gross Profit (TTM) | $117.90M |
| EBITDA (TTM) | $27.63M |
| Year Range | $24.56 - $46.17 |
| Target Price | $42.33 |
| Short % | 0.34% |
| Short Ratio | 1.13 |
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: UNTY vs. PEBK, UNTY vs. NECB
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Unity Bancorp, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Unity Bancorp, Inc. had a return of 55.36% year-to-date (YTD) and 85.81% in the last 12 months. Over the past 10 years, Unity Bancorp, Inc. had an annualized return of 20.51%, outperforming the S&P 500 benchmark which had an annualized return of 11.41%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 55.36% | 25.70% |
| 1 month | 38.43% | 3.51% |
| 6 months | 65.48% | 14.80% |
| 1 year | 85.81% | 37.91% |
| 5 years (annualized) | 17.86% | 14.18% |
| 10 years (annualized) | 20.51% | 11.41% |
Monthly Returns
The table below presents the monthly returns of UNTY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -7.43% | -0.04% | 1.28% | -2.46% | 3.94% | 6.20% | 17.08% | -1.99% | 0.78% | 13.56% | 55.36% | ||
| 2023 | -3.15% | -0.23% | -13.23% | 1.49% | -1.73% | 4.21% | 12.42% | -8.88% | -2.55% | 2.69% | 14.01% | 8.35% | 10.35% |
| 2022 | 13.29% | -4.67% | -0.95% | 3.11% | 0.52% | -8.34% | 5.82% | 0.04% | -10.06% | 14.14% | -0.52% | -3.74% | 5.75% |
| 2021 | 7.12% | 5.59% | 11.24% | 0.23% | 9.93% | -8.67% | 0.73% | 2.88% | 2.81% | 8.33% | 2.56% | 1.35% | 51.89% |
| 2020 | -2.88% | -21.85% | -31.37% | 22.74% | -0.35% | 0.47% | -12.52% | 6.16% | -12.25% | 21.07% | 25.46% | 0.21% | -20.60% |
| 2019 | -4.58% | 11.51% | -14.24% | 14.41% | -6.71% | 13.09% | -8.77% | -5.21% | 13.28% | -1.40% | 1.42% | 2.25% | 10.33% |
| 2018 | 4.05% | 0.49% | 6.82% | 0.00% | 5.23% | -1.43% | 7.25% | 0.00% | -5.87% | -7.55% | 4.96% | -6.26% | 6.38% |
| 2017 | 4.78% | 2.74% | 0.59% | -3.54% | -2.45% | 8.24% | 7.56% | -6.22% | 14.50% | -0.25% | 5.06% | -4.54% | 27.43% |
| 2016 | -7.54% | -11.71% | 12.12% | 1.41% | 2.52% | 7.86% | -0.71% | 2.93% | 8.97% | -4.06% | 11.34% | 15.03% | 40.46% |
| 2015 | -2.86% | 2.18% | -2.67% | 2.75% | -1.18% | 6.52% | 1.02% | 2.42% | -3.15% | 3.38% | 2.67% | 20.69% | 34.13% |
| 2014 | 1.57% | 0.51% | 1.92% | 7.55% | 0.70% | 8.02% | -2.21% | -1.16% | 7.71% | -5.50% | 1.10% | 2.83% | 24.49% |
| 2013 | -1.51% | -2.03% | 8.14% | 9.52% | -1.82% | 1.56% | 12.54% | -3.02% | -3.58% | -0.67% | 6.21% | -2.54% | 23.27% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of UNTY is 90, placing it in the top 10% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Unity Bancorp, Inc. (UNTY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Unity Bancorp, Inc. provided a 1.12% dividend yield over the last twelve months, with an annual payout of $0.51 per share. The company has been increasing its dividends for 10 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.51 | $0.48 | $0.43 | $0.36 | $0.32 | $0.31 | $0.27 | $0.23 | $0.17 | $0.13 | $0.09 | $0.03 |
Dividend yield | 1.12% | 1.62% | 1.57% | 1.37% | 1.82% | 1.37% | 1.30% | 1.16% | 1.07% | 1.12% | 1.06% | 0.39% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.39 | |
| 2023 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.48 |
| 2022 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.43 |
| 2021 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.36 |
| 2020 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.32 |
| 2019 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.31 |
| 2018 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.27 |
| 2017 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.23 |
| 2016 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.17 |
| 2015 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.13 |
| 2014 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.09 |
| 2013 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.03 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
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 88.07%, occurring on Dec 27, 2000. Recovery took 1175 trading sessions.
The current Unity Bancorp, Inc. drawdown is 1.37%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -88.07% | May 18, 1998 | 616 | Dec 27, 2000 | 1175 | Jan 30, 2006 | 1791 |
| -82.02% | May 30, 2006 | 595 | Mar 6, 2009 | 1742 | Nov 16, 2016 | 2337 |
| -59.97% | Jul 27, 2018 | 427 | Apr 7, 2020 | 283 | May 21, 2021 | 710 |
| -30.94% | Jan 11, 2022 | 330 | May 4, 2023 | 164 | Dec 28, 2023 | 494 |
| -17.11% | Jan 21, 1997 | 73 | Jul 10, 1997 | 33 | Sep 3, 1997 | 106 |
Volatility
Volatility Chart
The current Unity Bancorp, Inc. volatility is 17.69%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Unity Bancorp, Inc. compared to its peers in the Banks - Regional industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for UNTY in comparison to other companies of the Banks - Regional industry. Currently, UNTY has a PE value of 11.5. This PE ratio falls in the average range for the industry.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for UNTY in comparison to other companies of the Banks - Regional industry. Currently, UNTY has a PEG value of 0.0. This PEG ratio falls in the average range for the industry.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Unity Bancorp, Inc..
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Income Statement
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