unity bank provides financial services to retail and business customers through our branches located in hunterdon, middlesex, somerset, union and warren counties in new jersey and northampton county in pennsylvania. unity bank is a community-oriented commercial bank offering a variety of accounts, as well as a complete suite of business products and on-line services.
Company profile
Ticker
UNTY
Exchange
CEO
James Hughes
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
UNITY BANCORP INC /DE/
SEC CIK
Corporate docs
IRS number
223282551
UNTY stock data
Latest filings (excl ownership)
8-K
Results of Operations and Financial Condition
12 Apr 24
DEFA14A
Additional proxy soliciting materials
11 Mar 24
DEF 14A
Definitive proxy
11 Mar 24
10-K
2023 FY
Annual report
7 Mar 24
8-K
Other Events
22 Feb 24
8-K
Results of Operations and Financial Condition
12 Jan 24
8-K
Other Events
17 Nov 23
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Results of Operations and Financial Condition
13 Oct 23
8-K
Other Events
18 Aug 23
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 161.45 mm | 161.45 mm | 161.45 mm | 161.45 mm | 161.45 mm | 161.45 mm |
Cash burn (monthly) | (no burn) | 161.08 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 1.09 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 160.35 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 995.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
56.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 63 |
Opened positions | 7 |
Closed positions | 8 |
Increased positions | 23 |
Reduced positions | 18 |
13F shares | Current |
---|---|
Total value | 86.96 bn |
Total shares | 5.73 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Banc Funds | 991.61 k | $23.39 mm |
WELLINGTON TRUST Co N A | 492.01 k | $13.45 mm |
BLK Blackrock | 443.00 k | $10.45 bn |
Dimensional Fund Advisors | 441.25 k | $10.41 bn |
Wellington Management | 425.51 k | $10.04 bn |
Wellington Trust Company, National Association Multiple Common Trust Funds Trust, Micro Cap Equity Portfolio | 420.98 k | $11.51 mm |
Vanguard | 406.20 k | $9.58 bn |
Alliancebernstein | 300.07 k | $7.08 bn |
Pacific Ridge Capital Partners | 234.07 k | $5.52 bn |
Royce & Associates | 213.24 k | $5.03 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Mar 24 | James A Hughes | Restricted Stock | Payment of exercise | Dispose F | No | No | 28.68 | 1,011 | 29.00 k | 52,324 |
16 Mar 24 | James A Hughes | Restricted Stock | Payment of exercise | Dispose F | No | No | 28.02 | 2,426 | 67.98 k | 54,824 |
8 Mar 24 | George Boyan | Restricted Stock | Grant | Acquire A | No | No | 0 | 12,000 | 0.00 | 37,863 |
8 Mar 24 | James A Hughes | Restricted Stock | Grant | Acquire A | No | No | 0 | 18,000 | 0.00 | 60,824 |
6 Mar 24 | James A Hughes | Common Stock | Option exercise | Acquire M | No | No | 7.25 | 2,000 | 14.50 k | 139,735 |
6 Mar 24 | James A Hughes | Stock Option Common Stock | Option exercise | Dispose M | No | No | 7.25 | 2,000 | 14.50 k | 111,000 |
5 Mar 24 | James A Hughes | Common Stock | Sell | Dispose S | No | No | 27.2799 | 1,156 | 31.54 k | 137,735 |
5 Mar 24 | James A Hughes | Common Stock | Option exercise | Acquire M | No | No | 7.25 | 2,013 | 14.59 k | 138,891 |
5 Mar 24 | James A Hughes | Stock Option Common Stock | Option exercise | Dispose M | No | No | 7.25 | 2,013 | 14.59 k | 113,000 |