Unity Bancorp (UNTY) to Release Earnings on Friday

Unity Bancorp (NASDAQ:UNTY) is expected to be posting its Q2 2025 quarterly earnings results before the market opens on Friday, July 11th. Analysts expect Unity Bancorp to post earnings of $1.17 per share and revenue of $30.30 million for the quarter.

Unity Bancorp (NASDAQ:UNTY) last issued its quarterly earnings data on Friday, April 11th. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.12 by $0.01. The firm had revenue of $29.35 million during the quarter, compared to analysts’ expectations of $28.81 million. Unity Bancorp had a net margin of 25.95% and a return on equity of 14.99%. During the same period in the prior year, the company posted $0.93 earnings per share. On average, analysts expect Unity Bancorp to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Unity Bancorp Price Performance

NASDAQ UNTY opened at $52.29 on Friday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.83. Unity Bancorp has a 1 year low of $26.27 and a 1 year high of $52.26. The company has a fifty day simple moving average of $44.43 and a 200 day simple moving average of $44.21. The company has a market cap of $524.42 million, a P/E ratio of 12.27 and a beta of 0.72.

Unity Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Friday, June 6th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 1.07%. The ex-dividend date was Friday, June 6th. Unity Bancorp’s payout ratio is presently 13.15%.

Insider Activity

In related news, Director Donald E. Jr. Souders sold 1,333 shares of the stock in a transaction dated Thursday, April 24th. The stock was sold at an average price of $41.23, for a total transaction of $54,959.59. Following the completion of the transaction, the director directly owned 8,477 shares in the company, valued at approximately $349,506.71. This trade represents a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 29.68% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Unity Bancorp

Hedge funds have recently modified their holdings of the stock. Strs Ohio bought a new position in shares of Unity Bancorp in the first quarter valued at $49,000. Empowered Funds LLC grew its position in shares of Unity Bancorp by 7.2% in the 1st quarter. Empowered Funds LLC now owns 37,456 shares of the financial services provider’s stock valued at $1,524,000 after acquiring an additional 2,524 shares during the period. AQR Capital Management LLC grew its position in shares of Unity Bancorp by 70.8% in the 1st quarter. AQR Capital Management LLC now owns 11,419 shares of the financial services provider’s stock valued at $465,000 after acquiring an additional 4,732 shares during the period. Finally, Jane Street Group LLC bought a new position in shares of Unity Bancorp in the 1st quarter valued at about $283,000. Institutional investors own 42.31% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Wall Street Zen cut shares of Unity Bancorp from a “buy” rating to a “hold” rating in a research note on Saturday, May 24th. Piper Sandler dropped their price objective on shares of Unity Bancorp from $54.00 to $50.00 and set an “overweight” rating for the company in a research report on Monday, April 14th.

Unity Bancorp Company Profile

Unity Bancorp, Inc operates as a bank holding company for Unity Bank that provides range of commercial and retail banking services to individuals, small and medium sized businesses, and professional communities. It offers personal and business checking accounts, time deposits, money market accounts, savings accounts, and retirement accounts, as well as noninterest and interest-bearing demand deposits.