Pricing Log in Create free account
Saturday 17 October 2026 Export UNTY’s income statement to Excel — free account

Unity Bancorp, Inc.

UNTY Financial Banks Regional

Unity Bancorp, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $188.4 million, up 14.7% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS fell 12.2%, free cash flow fell 57.9% and total debt fell 15.7%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for ten.

56.40 0.34 +0.61%
Market cap
$563.0M
P/E
9.6×
Fwd P/E
9.5×
Dividend yield
1.13%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 1.82
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — 1 4 1 1 1 1 — — — 1 —
Insider Ownership 31.48%

Capital & Financial Ratios $m

Market Cap 562.99
Revenue 193.70
Net Income 58.62
Free Cash Flow 27.03
Net Debt 76.11
Current Ratio 1.17
Debt/Equity 0.88
P/E ratio 9.64
Fwd P/E 9.46
P/S ratio 2.92
P/B ratio 1.52
Past 5Y EPS Growth 20.96% (at or above 15%: strong)
This Y EPS Growth 17.08% (at or above 15%: strong)
Next Y EPS Growth 7.48%
Next Y revenue growth (25.69%) (below 0%: weak)
Next 5Y EPS Growth 10.28%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 59.38%
10-year low 10-year high
P/S against its own 10 years 70.81%
10-year low 10-year high
P/B against its own 10 years 66.86%
10-year low 10-year high

Dividends

Payout Ratio 0.11
Annual Dividend Rate 0.64
Annual Dividend Yield 1.13%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.69
0.16
0.16
0.17
2025 0.58
0.14
0.14
0.15
0.15
2024 0.52
0.13
0.13
0.13
0.13
2023 0.48
0.12
0.12
0.12
0.12
2022 0.43
0.10
0.11
0.11
0.11
2021 0.36
0.08
0.09
0.09
0.10
2020 0.32
0.08
0.08
0.08
0.08
2019 0.31
0.07
0.08
0.08
0.08
2018 0.27
0.06
0.07
0.07
0.07
2017 0.23
0.05
0.06
0.06
0.06
2016 0.17
0.04
0.04
0.05
0.05
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 195 180 217 250
Receivables — — — —
Inventory — — — —
Other — — — —
2,355 2,427 2,742 2,911
2023 2024 2025 Q'26
Payables 1,924 2,100 2,324 2,463
ST’ Debt — — — —
Other — — — —
1,950 2,128 2,355 2,496

Compound Annual Growth %

10y 5y 3y
Sales 14.33% 15.45% 20.09%
Cash Flow 31.15% 15.00% 1.72%
Earnings 19.75% 19.64% 14.65%
Book Value 15.98% 14.72% 13.05%

Revenue $m

Mar Jun Sep Dec Year
’26 48 49 — — —
’25 43 48 47 50 188
’24 40 40 42 42 164
’23 35 38 39 40 152
’22 23 26 27 32 109
’21 24 24 24 25 97
’20 22 22 23 25 92
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 15 (39) — — —
’25 18 (24) 45 7 45
’24 16 (8) 18 23 48
’23 14 (5) 13 25 47
’22 20 (8) (2) 33 43
’21 12 8 0 12 33
’20 11 8 13 (10) 22
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 14 (39) — — —
’25 18 (25) 44 7 44
’24 16 (9) 18 23 47
’23 14 (5) 13 25 46
’22 20 (8) (2) 32 41
’21 11 8 0 12 31
’20 11 9 13 (10) 23
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 1.40 1.42 — — —
’25 1.13 1.61 1.41 1.52 5.67
’24 0.93 0.93 1.07 1.13 4.06
’23 0.96 0.95 0.97 0.96 3.84
’22 0.85 0.88 0.93 0.93 3.59
’21 0.80 0.80 0.90 0.92 3.43
’20 0.49 0.47 0.54 0.69 2.19
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 8.75 15.35 18.24 16.74 8.76 17.20 24.80 20.01 25.33 36.65

Analyst estimates 2026–2028

Powerpack
High 17.10 20.95 25.50 24.70 23.75 28.91 31.37 29.88 48.44 57.24
People
People Employees 194 208 207 209 210 214 232 237 228 245
Revenue/emp, $m 0.30 0.31 0.37 0.41 0.44 0.45 0.47 0.64 0.72 0.77
Income, $m
Income, $m Revenue 58 64 76 85 92 97 109 152 164 188
Gross margin, % 84.91 85.13 82.28 78.81 84.24 92.01 90.23 68.02 65.21 69.96
EBT 20 22 27 30 31 48 51 53 54 76
EBT margin, % 35.24 35.28 35.79 35.59 33.88 49.70 47.27 34.95 33.12 40.08
Net income 13 13 22 24 24 36 38 40 41 58
Depreciation 1 2 2 2 2 2 3 2 2 3
Per share, $
Per share, $ Revenue 6.17 6.02 7.11 7.86 8.58 9.31 10.35 14.86 16.37 18.78
Earnings 1.40 1.22 2.04 2.18 2.19 3.43 3.66 3.89 4.13 5.78
Cash flow 0.93 1.37 3.60 3.06 2.08 3.13 4.06 4.60 4.78 4.48
Capex (0.77) (0.04) (0.10) 0.13 0.09 (0.12) (0.14) (0.09) (0.07) (0.06)
Free cash flow 0.16 1.32 3.50 3.19 2.18 3.01 3.92 4.50 4.71 4.42
Book value 11.29 11.19 12.91 14.82 16.24 19.78 22.77 25.61 29.47 34.45
Shares, m 9 11 11 11 11 10 11 10 10 10
Valuation, ×
Valuation, × P/E 11.14 16.34 10.18 10.35 7.98 7.61 7.32 7.43 10.56 8.96
P/S 2.54 3.34 2.92 2.87 2.05 2.82 2.58 1.94 2.66 2.75
P/B 1.39 1.80 1.61 1.52 1.08 1.33 1.17 1.13 1.48 1.50
EV/Sales 2.97 5.46 3.90 4.46 1.95 0.81 5.14 3.08 2.97 3.02
EV/FCF 115.57 24.85 7.93 10.99 7.67 2.51 13.58 10.16 10.31 12.82
Cash, $m
Cash, $m Operating cash flow 9 14 39 33 22 33 43 47 48 45
Capex (7) 0 (1) 1 1 (1) (1) (1) (1) (1)
Free cash flow 1 14 38 35 23 31 41 46 47 44
Balance, $m
Balance, $m Working capital 119 261 221 309 260 104 397 404 299 387
Total debt 131 285 220 293 210 50 393 367 231 266
Net debt 25 135 75 135 (9) (195) 279 172 50 50
Shareholders’ equity 106 118 138 161 174 206 239 261 296 346
Returns, %
Returns, % ROA 1.16 0.97 1.44 1.43 1.29 1.81 1.72 1.58 1.58 2.06
ROIC 9.71 5.54 8.00 6.40 11.79 268.08 6.21 7.64 9.83 11.94
ROE 14.30 11.49 17.08 15.81 14.13 19.03 17.29 15.86 14.88 18.08
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Unity Bancorp, Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
FBIZ First Business Financial Services, Inc. $586.5M 10.7× 9.4× +7.37% (above 0%: growing) +36.30% (above 0%: growing) +181.48% (above 0%: growing) 63.47% 0.00% Compare
KRNY Kearny Financial $585.0M 15.7× 10.6× +2.23% (above 0%: growing) 0.00% +72.16% (above 0%: growing) 52.34% 0.00% Compare
GCBC Greene County Bancorp, Inc. $583.1M 14.3× — +7.97% (above 0%: growing) +21.82% (above 0%: growing) +40.48% (above 0%: growing) 67.04% 0.00% Compare
BWB Bridgewater Bancshares, Inc. $568.0M 10.9× 9.5× +2.96% (above 0%: growing) +23.68% (above 0%: growing) +287.44% (above 0%: growing) 54.53% 0.00% Compare
SFST Southern First Bancshares, Inc. $566.3M 12.6× 11.5× +10.76% (above 0%: growing) +50.62% (above 0%: growing) +66.02% (above 0%: growing) 58.21% 0.00% Compare
UNTY Unity Bancorp, Inc. $563.0M 9.6× 9.5× +0.29% (above 0%: growing) −12.20% (below 0%: shrinking) −57.88% (below 0%: shrinking) 69.50% 0.00%
SUPV Grupo Supervielle S.A. $559.2M — (loss-making) — −1.93% (below 0%: shrinking) −28.57% (below 0%: shrinking) −129.06% (below 0%: shrinking) 64.28% 0.00% Compare
CIVB Civista Bancshares, Inc. $558.0M 9.9× 9.4× +4.29% (above 0%: growing) −2.82% (below 0%: shrinking) +44.49% (above 0%: growing) 72.61% 0.00% Compare
NRIM Northrim BanCorp Inc $543.4M 7.6× 9.5× +3.99% (above 0%: growing) +29.58% (above 0%: growing) +934.70% (above 0%: growing) 84.32% 0.00% Compare
Median of peers $567.2M 10.9× 9.5× +4.14% +22.75% +69.09% 63.88% 0.00%

All 323 Banks Regional stocks →

Unity Bancorp, Inc. (UNTY) key facts

  • Strength: Unity Bancorp, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $188.4 million, up 14.7% from fiscal 2024.
  • Strength: Net income was $58.0 million, or $5.78 per share (basic), a net margin of 30.8%.
  • Unity Bancorp, Inc. (UNTY) is a Banks Regional company in the Financial sector, listed on Nasdaq.
  • As of October 16, 2026, UNTY traded at $56.40, a market capitalization of $563.0 million.
  • At that price the stock trades at 9.6× trailing-twelve-month earnings and 2.9× sales; its P/E is higher than 59% of its own readings over the past ten years.
  • Unity Bancorp, Inc. pays an annual dividend of $0.64 per share, a yield of 1.13%, with a payout ratio of 11.1%.
  • Return on equity was 18.1% and debt-to-equity 0.88.
  • Its Piotroski F-score is 6 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Unity Bancorp, Inc. (UNTY) Latest News

No news at this impact. Lower the threshold for more.
stockrow.com/UNTY · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com