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 0.12, 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:
1.59
NBN:
1.82
UNTY:
2.40
NBN:
2.67
UNTY:
1.30
NBN:
1.33
UNTY:
3.89
NBN:
3.97
UNTY:
6.99
NBN:
9.05
UNTY:
8.51%
NBN:
6.79%
UNTY:
37.44%
NBN:
33.67%
UNTY:
-88.07%
NBN:
-70.47%
UNTY:
-7.46%
NBN:
-10.44%
Fundamentals
UNTY:
$460.95M
NBN:
$840.41M
UNTY:
$3.90
NBN:
$7.57
UNTY:
11.84
NBN:
13.51
UNTY:
0.00
NBN:
0.00
UNTY:
$117.90M
NBN:
$214.12M
UNTY:
$117.90M
NBN:
$278.04M
UNTY:
$40.97M
NBN:
$93.07M
Returns By Period
In the year-to-date period, UNTY achieves a 51.00% return, which is significantly lower than NBN's 67.76% return. Over the past 10 years, UNTY has underperformed NBN with an annualized return of 20.12%, while NBN has yielded a comparatively higher 26.63% annualized return.
UNTY
51.00%
-1.79%
70.66%
59.46%
15.95%
20.12%
NBN
67.76%
-5.96%
64.25%
64.19%
33.16%
26.63%
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Risk-Adjusted Performance
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 1.18%, more than NBN's 0.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UNTY Unity Bancorp, Inc. | 1.18% | 1.62% | 1.57% | 1.37% | 1.82% | 1.37% | 1.30% | 1.16% | 1.07% | 1.12% | 1.06% | 0.39% |
NBN Northeast Bank | 0.04% | 0.07% | 0.10% | 0.11% | 0.18% | 0.18% | 0.24% | 0.17% | 0.31% | 0.38% | 1.24% | 3.76% |
Drawdowns
UNTY vs. NBN - Drawdown Comparison
The maximum UNTY drawdown since its inception was -88.07%, 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
Unity Bancorp, Inc. (UNTY) has a higher volatility of 9.60% compared to Northeast Bank (NBN) at 8.46%. This indicates that UNTY's price experiences larger fluctuations and is considered to be riskier 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