UNTY vs. NBN
UNTY (Unity Bancorp, Inc.) and NBN (Northeast Bank) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, UNTY returned 19.74%/yr vs 27.55%/yr for NBN. Their 0.15 correlation means their historical movements had little consistent relationship.
Performance
UNTY vs. NBN - Performance Comparison
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Returns By Period
In the year-to-date period, UNTY achieves a 14.56% return, which is significantly lower than NBN's 19.49% return. Over the past 10 years, UNTY has underperformed NBN with an annualized return of 19.74%, while NBN has yielded a comparatively higher 27.55% annualized return.
UNTY
- 1D
- 0.37%
- 1M
- 1.32%
- 6M
- 9.81%
- YTD
- 14.56%
- 1Y
- 24.54%
- 3Y*
- 32.09%
- 5Y*
- 23.43%
- 10Y*
- 19.74%
- ALL TIME*
- 7.57%
NBN
- 1D
- 1.03%
- 1M
- -7.67%
- 6M
- 7.78%
- YTD
- 19.49%
- 1Y
- 33.57%
- 3Y*
- 37.75%
- 5Y*
- 31.32%
- 10Y*
- 27.55%
- ALL TIME*
- 10.61%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $17.90M | $16.83M | $17.61M | |
| $3.89M | $3.92M | $3.38M |
UNTY vs. NBN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UNTY Unity Bancorp, Inc. | 14.56% | 20.07% | 49.81% | 10.35% | 5.75% | 51.89% | -20.60% | 10.33% | 6.38% | 27.43% |
NBN Northeast Bank | 19.49% | 13.35% | 66.31% | 31.21% | 17.95% | 58.86% | 2.63% | 31.69% | -27.59% | 77.10% |
Correlation
The correlation between UNTY and NBN is 0.63, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.63 |
Correlation (3Y) Balances recent behavior with more history. | 0.62 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.53 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jan 20, 1997 | 0.15 |
Over the past year, UNTY and NBN have become more correlated (0.63) than their long-term average of 0.15, meaning their price movements have been converging.
Fundamentals
UNTY:
$591.31M
NBN:
$1.03B
UNTY:
$5.74
NBN:
$12.74
UNTY:
10.25
NBN:
9.75
UNTY:
0.71
NBN:
0.39
UNTY:
2.87
NBN:
2.74
UNTY:
1.62
NBN:
1.74
UNTY:
$209.43M
NBN:
$381.72M
UNTY:
$132.69M
NBN:
$233.61M
UNTY:
$78.57M
NBN:
$149.54M
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Return for Risk
UNTY vs. NBN — Risk / Return Rank
UNTY
NBN
UNTY vs. NBN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Unity Bancorp, Inc. (UNTY) and Northeast Bank (NBN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| UNTY | NBN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.15 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | 0.92 | +0.43 |
| Martin ratioReturn relative to average drawdown | 3.21 | 2.35 | +0.86 |
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Drawdowns
UNTY vs. NBN - Drawdown Comparison
The maximum UNTY drawdown since its inception was -88.69%, which is greater than NBN's maximum drawdown of -70.51%. Use the drawdown chart below to compare losses from any high point for UNTY and NBN.
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Drawdown Indicators
| UNTY | NBN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.69% | -70.51% | -18.18% |
Max Drawdown (1Y)Largest decline over 1 year | -15.92% | -27.57% | +11.65% |
Max Drawdown (3Y)Largest decline over 3 years | -23.58% | -27.57% | +3.99% |
Max Drawdown (5Y)Largest decline over 5 years | -30.94% | -29.30% | -1.64% |
Max Drawdown (10Y)Largest decline over 10 years | -59.97% | -70.25% | +10.28% |
Current DrawdownCurrent decline from peak | -1.09% | -9.70% | +8.61% |
Average DrawdownAverage peak-to-trough decline | -34.97% | -23.66% | -11.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.69% | 10.80% | -4.11% |
Volatility
UNTY vs. NBN - Volatility Comparison
The current volatility for Unity Bancorp, Inc. (UNTY) is 8.66%, while Northeast Bank (NBN) has a volatility of 10.99%. This indicates that UNTY experiences smaller price fluctuations and is considered to be less risky than NBN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UNTY | NBN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.66% | 10.99% | -2.33% |
Volatility (6M)Calculated over the trailing 6-month period | 18.13% | 22.04% | -3.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.85% | 35.05% | -6.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.70% | 33.15% | -3.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.32% | 40.86% | +1.46% |
Dividends
UNTY vs. NBN - Dividend Comparison
UNTY's dividend yield for the trailing twelve months is around 1.05%, more than NBN's 0.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBN Northeast Bank | 0.03% | 0.04% | 0.04% | 0.07% | 0.10% | 0.11% | 0.18% | 0.18% | 0.24% | 0.17% | 0.31% | 0.38% |
UNTY Unity Bancorp, Inc. | 1.05% | 1.12% | 1.19% | 1.62% | 1.57% | 1.37% | 1.82% | 1.37% | 1.30% | 1.16% | 1.07% | 1.12% |
Financials
UNTY vs. NBN - Financials Comparison
This section allows you to compare key financial metrics between Unity Bancorp, Inc. and Northeast Bank. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
UNTY vs. NBN - Profitability Comparison
UNTY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Unity Bancorp, Inc. reported a gross profit of 32.58M and revenue of 48.56M. Therefore, the gross margin over that period was 67.1%.
NBN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Northeast Bank reported a gross profit of 65.92M and revenue of 104.71M. Therefore, the gross margin over that period was 63.0%.
UNTY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Unity Bancorp, Inc. reported an operating income of 18.65M and revenue of 48.56M, resulting in an operating margin of 38.4%.
NBN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Northeast Bank reported an operating income of 42.45M and revenue of 104.71M, resulting in an operating margin of 40.5%.
UNTY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Unity Bancorp, Inc. reported a net income of 14.47M and revenue of 48.56M, resulting in a net margin of 29.8%.
NBN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Northeast Bank reported a net income of 34.34M and revenue of 104.71M, resulting in a net margin of 32.8%.
Frequently Asked Questions
UNTY and NBN have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NBN has higher volatility (10.99%) compared to UNTY (8.66%). In terms of maximum drawdown, UNTY dropped -88.69% vs NBN's -70.51%.
UNTY currently has the higher Sharpe Ratio (0.74 vs 0.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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