UNTY vs. NBN
Compare and contrast key facts about Unity Bancorp, Inc. (UNTY) and Northeast Bank (NBN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UNTY or NBN.
Correlation
The correlation between UNTY and NBN is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
UNTY vs. NBN - Performance Comparison
Key characteristics
UNTY:
2.10
NBN:
2.72
UNTY:
3.09
NBN:
3.86
UNTY:
1.37
NBN:
1.46
UNTY:
4.86
NBN:
5.70
UNTY:
11.30
NBN:
16.30
UNTY:
6.81%
NBN:
5.41%
UNTY:
36.65%
NBN:
32.52%
UNTY:
-88.06%
NBN:
-70.47%
UNTY:
-7.30%
NBN:
-9.40%
Fundamentals
UNTY:
$472.63M
NBN:
$840.41M
UNTY:
$4.06
NBN:
$7.57
UNTY:
11.61
NBN:
13.51
UNTY:
0.00
NBN:
0.00
UNTY:
$92.99M
NBN:
$228.97M
UNTY:
$92.99M
NBN:
$292.89M
UNTY:
$40.32M
NBN:
$69.91M
Returns By Period
The year-to-date returns for both investments are quite close, with UNTY having a 8.09% return and NBN slightly higher at 8.21%. Over the past 10 years, UNTY has underperformed NBN with an annualized return of 20.24%, while NBN has yielded a comparatively higher 27.35% annualized return.
UNTY
8.09%
-1.30%
39.96%
74.88%
21.08%
20.24%
NBN
8.21%
-1.77%
41.85%
88.43%
37.48%
27.35%
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Risk-Adjusted Performance
UNTY vs. NBN — Risk-Adjusted Performance Rank
UNTY
NBN
UNTY vs. NBN - Risk-Adjusted Performance 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.
Dividends
UNTY vs. NBN - Dividend Comparison
UNTY's dividend yield for the trailing twelve months is around 1.10%, more than NBN's 0.04% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UNTY Unity Bancorp, Inc. | 1.10% | 1.19% | 1.62% | 1.57% | 1.37% | 1.82% | 1.37% | 1.30% | 1.16% | 1.07% | 1.12% | 1.06% |
NBN Northeast Bank | 0.04% | 0.04% | 0.07% | 0.10% | 0.11% | 0.18% | 0.18% | 0.24% | 0.17% | 0.31% | 0.38% | 1.24% |
Drawdowns
UNTY vs. NBN - Drawdown Comparison
The maximum UNTY drawdown since its inception was -88.06%, which is greater than NBN's maximum drawdown of -70.47%. Use the drawdown chart below to compare losses from any high point for UNTY and NBN. For additional features, visit the drawdowns tool.
Volatility
UNTY vs. NBN - Volatility Comparison
The current volatility for Unity Bancorp, Inc. (UNTY) is 7.29%, while Northeast Bank (NBN) has a volatility of 7.74%. 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.
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