UNTY Unity Bancorp Dashboard

Unity Bancorp, Inc. is a bank holding company, which engages in the ownership and supervision of Unity Bank. The firm accepts personal and business checking accounts, time deposits, money market accounts, regular savings accounts, and demand and savings deposits. Its loan portfolio comprises credit cards, mortgage, home equity, and personal loans. The company was founded in 1991 and is headquartered in Clinton, NJ.

Company profile

Ticker

UNTY

Exchange

NASDAQ

Website

www.snl.com/irw/corporateprofile/101233

CEO

James Hughes

Incorporated

New Jersey

Location

New Jersey

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

State Street • Citizens Financial • Northern Trust • M & T Bank • Bank Of New York Mellon • Fifth Third Bancorp • Popular • Associated Banc-Corp. • First Citizens Bancshares, Inc • Commerce Bancshares ...

Former names

UNITY BANCORP INC /DE/

SEC CIK

0000920427

Corporate docs

Articles of Incorporation & Bylaws

IRS number

223282551

UNTY stock data

S&P 500

1M 1Y 2Y 5Y

News

Pro users get this 30m faster

Mid-Afternoon Market Update: Dow Rises 75 Points; Rite Aid Shares Plummet

25 Mar 21

Toward the end of trading Thursday, the Dow traded up 0.23% to 32,495 while the NASDAQ fell 0.37% to 12,913.99. The S&P also rose, gaining 0.13% to 3,894.05.

Stocks That Hit 52-Week Highs On Thursday

4 Mar 21

Thursday's morning session saw 237 companies set new 52-week highs.

Unity Bancorp Q4 EPS $0.69 Up From $0.55 YoY

22 Jan 21

Unity Bancorp (NASDAQ:UNTY) reported quarterly earnings of $0.69 per share. This is a 25.45 percent increase over earnings of $0.55 per share from the same period last year.

Press releases

Pro users get this 30m faster

Unity Bank Names Industry Veteran George Boyan Chief Financial Officer

26 Mar 21

CLINTON, N.J., March 26, 2021 (GLOBE NEWSWIRE) -- Banking industry veteran George Boyan has joined Unity Bank as Chief Financial Officer (CFO) bringing more than 20 years of financial services industry leadership

Unity Bancorp Declares Cash Dividend

25 Feb 21

CLINTON, N.J., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.08 per common share. Such

Unity Bank Launches Partnership with NID Housing Counseling Agency and Donates $5,000 for Community Education Programs

12 Feb 21

CLINTON, N.J., Feb. 12, 2021 (GLOBE NEWSWIRE) -- Unity Bank recently donated $5,000 to the NID Housing Counseling Agency (NID-HCA), a U.S. Department of Housing and Urban Development (HUD) approved national network of

Unity Bancorp Approves New Share Repurchase Program

4 Feb 21

Unity Bancorp Reports Quarterly Earnings of $7.3 Million

22 Jan 21

Calendar

25 Mar 21

13 Apr 21

31 Dec 21

Financial summary

Financial statements Chart UNTY financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

UNTY insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
5 Apr 21	George Boyan	Restricted Stock	Grant	Aquire A	No	No	0	10,000	0	10,000
25 Mar 21	Janice Bolomey	Restricted Stock	Grant	Aquire A	No	No	0	4,500	0	10,500
25 Mar 21	Janice Bolomey	Stock Option Common Stock	Grant	Aquire A	No	No	20.56	12,000	246.72K	107,000
25 Mar 21	John J Kauchak	Restricted Stock	Grant	Aquire A	No	No	0	4,500	0	10,500
25 Mar 21	John J Kauchak	Stock Option Common Stock	Grant	Aquire A	No	No	20.56	12,000	246.72K	96,000
25 Mar 21	James A Hughes	Restricted Stock	Grant	Aquire A	No	No	0	10,000	0	27,949
25 Mar 21	James A Hughes	Stock Options Common Stock	Grant	Aquire A	No	No	20.56	25,000	514K	122,000

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

UNTY institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

54.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	49	51	-3.9%
Opened positions	1	3	-66.7%
Closed positions	3	6	-50.0%
Increased positions	23	19	+21.1%
Reduced positions	13	17	-23.5%

13F shares	Current	Prev Q	Change
Total value	130.19M	78.63M	+65.6%
Total shares	5.62M	5.08M	+10.7%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Banc Funds	695.92K	$12.21M	-1.9%
Endicott Management	660.64K	$11.59M	0.0%
WELLINGTON TRUST Co N A	542.36K	$9.52M	NEW
Wellington Management	542.36K	$9.52M	+3.5%
BLK Blackrock	425.4K	$7.47M	+8.8%
Kennedy Capital Management	359.28K	$6.31M	+2.1%
Dimensional Fund Advisors	358.26K	$6.29M	-1.3%
Vanguard	349.94K	$6.14M	+0.4%
EJF Capital	300K	$5.27M	0.0%
Royce & Associates	273.98K	$4.81M	+1.7%

Largest transactions	Shares	Bought/sold	Change
WELLINGTON TRUST Co N A	542.36K	+542.36K	NEW
BLK Blackrock	425.4K	+34.5K	+8.8%
California Public Employees Retirement System	13.08K	-26.47K	-66.9%
Elizabeth Park Capital Advisors	0	-24.52K	EXIT
Wellington Management	542.36K	+18.26K	+3.5%
JPM JPMorgan Chase & Co.	23.41K	+16.31K	+229.7%
Banc Funds	695.92K	-13.68K	-1.9%
Millennium Management	0	-12.93K	EXIT
Renaissance Technologies	29.95K	-7.95K	-21.0%
Kennedy Capital Management	359.28K	+7.46K	+2.1%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: abated, accuracy, Acknowledgement, Acknowledgment, adapted, admitting, aggressively, Aid, alter, AML, Biden, BSA, calendar, categorized, CECL, clarify, Clarifying, closure, commerce, Commissioner, convertible, countersigned, curtailed, cycle, dedesignate, dedesignating, demonstrate, dictated, disaster, disease, disregarded, distancing, Division, educate, eleven, emergency, Emerging, enable, epidemic, evolving, fewer, food, forbearance, forgivable, forgiven, formally, gradual, guaranty, guide, harm, health, heightened, Indemnification, inline, Interactive, Interagency, judgement, laundering, lifted, loosened, magnitude, matter, motivate, movement, NaN, narrow, NJDOBI, outbreak, pandemic, Paycheck, payroll, postretirement, PPP, prioritize, proactive, proactively, programmatic, promptly, quickly, rapidly, rebound, rehiring, rely, remedial, remediation, reopen, reopened, reopening, round, routine, Secrecy, shareholder, shortcut, shuttered, social, stay, Stipulation, strive, struggling, successful, suitable, supply, suspended, Task, Taxation, today, travel, underpayment, undesignated, unintended, unknown, unsafe, viewed, waive, waived, world, worth

Removed: Alan, Bedner, dividing, reconciling, revaluation

From filing 10-K 2020 FY