Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
155.74M | 99.97M | 97.64M | 87.33M | 74.96M | Gross Profit |
155.74M | 99.97M | 97.64M | 87.33M | 74.96M | EBIT |
154.13M | 52.99M | 62.06M | 48.13M | 31.12M | EBITDA |
0.00 | 0.00 | 54.18M | 49.74M | 33.03M | Net Income Common Stockholders |
41.45M | 39.71M | 38.46M | 36.12M | 23.64M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
114.09M | 112.43M | 115.09M | 82.53M | 70.31M | Total Assets |
2.65B | 2.58B | 2.44B | 2.03B | 1.93B | Total Debt |
230.81M | 366.75M | 393.31M | 50.31M | 250.31M | Net Debt |
50.38M | 171.97M | 373.61M | 24.26M | 228.71M | Total Liabilities |
2.36B | 2.32B | 2.21B | 1.83B | 1.76B | Stockholders Equity |
295.58M | 261.43M | 239.23M | 205.73M | 169.23M |
Cash Flow | Free Cash Flow | |||
47.99M | 45.95M | 41.19M | 22.18M | 33.19M | Operating Cash Flow |
47.99M | 46.91M | 42.67M | 23.45M | 33.74M | Investing Cash Flow |
-92.81M | -57.85M | -541.28M | -31.44M | -186.78M | Financing Cash Flow |
30.49M | 90.92M | 368.59M | 33.49M | 214.33M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
77 Outperform | $416.38M | 9.71 | 15.17% | 1.26% | 6.99% | 12.46% | |
74 Outperform | $441.85M | 14.43 | 7.44% | 3.02% | 22.17% | -15.57% | |
71 Outperform | $461.57M | 9.33 | 8.34% | 3.41% | 15.26% | 160.27% | |
66 Neutral | $487.73M | 18.15 | 4.44% | 2.83% | 5.42% | 67.14% | |
63 Neutral | $408.93M | 13.83 | 7.61% | 4.38% | 16.37% | 0.52% | |
63 Neutral | $12.46B | 9.55 | 8.14% | 17103.96% | 12.70% | -4.66% | |
60 Neutral | $452.66M | 31.13 | 4.21% | ― | 60.34% | -63.03% |
At the 2025 Annual Meeting of Shareholders, Unity Bancorp reported its financial performance for 2024, highlighting a net income increase to $41.45 million from $39.71 million in 2023. The company also noted a strong asset quality with net charge-offs remaining low and a strategic focus on maintaining a diversified business model and strong capital management practices.
Spark’s Take on UNTY Stock
According to Spark, TipRanks’ AI Analyst, UNTY is a Outperform.
Unity Bancorp’s strong financial performance, marked by robust revenue growth and a debt-free balance sheet, is a major strength. The valuation is attractive, with a low P/E ratio indicating potential undervaluation. Technical indicators are mixed, suggesting caution in the short-term outlook. Overall, the company is well-positioned in its industry, with opportunities for further improvement in cash flow and return on equity.
To see Spark’s full report on UNTY stock, click here.