Unity Bancorp (UNTY) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Unity Bancorp

NasdaqGM•Financial Services•Banks - Regional

$60.13+1.04(0.02%)Market closed

Market Cap

$603.77M

P/E

10.3x

P/S

4.5x

P/B

1.6x

Unity Bancorp, Inc. operates as the bank holding company for Unity Bank that provides commercial and retail banking services. It offers personal and business checking, money market, savings, retirement, money market accounts, as well as time and noninterest and interest-bearing demand deposits. The company also provides commercial, small business administration, consumer, mortgage, and home equity and personal loans; and owner and non-owner-occupied commercial mortgages. In addition, it is involved in the residential construction, commercial, and industrial lending activities secured by business assets, including real estate, receivables, inventory, and equipment. Further, the company offers credit and debit cards, wire transfers, safe deposit boxes, automated teller, and internet and mobile banking services; automated clearing house origination and remote deposit capture services; and business services, such as escrow account, merchant, and online services. Unity Bancorp, Inc. was founded in 1991 and is headquartered in Clinton, New Jersey.

How this company scores

GoodMetricSide Score: 78/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (15/25).

Profitability25/25

Growth22/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality16/25

Strengths

Strong marginsHigh ROERising earningsCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 10.3x5y range 5.9x – 10.5x

Currently above its 20-quarter median.

P/S · 4.5x5y range 2.3x – 4.5x

Currently above its 20-quarter median.

P/B · 1.6x5y range 0.9x – 1.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Cash Burn

Watch

FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $603.77M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $135.44M
Q. Revenue: $33.75M
TTM EBITDA: $83.46M
TTM Op. Income: $80.71M
Q. Op. Income: $19.82M
TTM Net Income: $58.62M
Q. Net Income: $14.47M
EPS: $1.44
Shares Out.: $10.04M

$135.44M in TTM revenue grew 13.1% YoY, reaching $33.75M last quarter. TTM EBITDA of $83.46M and TTM operating income of $80.71M show growth is flowing through to the bottom line. TTM net income of $58.62M means revenue is converting into profit. Over the past year, TTM revenue is up 13% — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 96.9%
EBITDA Margin: 60.6%
Op. Margin: 58.7%
Net Margin: 42.9%

Op. margin of 58.7% is down 3.4% YoY — costs are rising relative to revenue. Net margin at 42.9% and gross margin of 96.9% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 5% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 10.3x
P/S Ratio: 4.5x
P/B Ratio: 1.6x

At 10.3x P/E, the stock trades below typical market levels. P/S of 4.5x and P/B of 1.6x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is up 10% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.19B
Cash: $250.32M
Long-Term Debt: $326.43M
Book Value: $371.81M
D/E Ratio: 0.9
Debt/EBITDA: 16.0

With $3.19B in assets and $326.43M in long-term debt, D/E is 0.9and book value is $371.81M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-38.75M
TTM Free Cash Flow: $27.93M
FCF Margin: 20.6%
FCF / Net Income: 0.5

TTM FCF of $27.93M on $-38.75M in operating cash flow. The FCF / Net Income ratio of 0.5x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.