UNTY

Unity Bancorp Inc

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Advanced Chart

51.360

-0.09(-0.175%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

51.8686

Open

51.440

VWAP

51.22

Vol

27.98K

Mkt Cap

515.30M

Low

50.760

Amount

1.43M

EV/EBITDA(TTM)

12.74

Total Shares

10.04M

876.67M

EV/OCF(TTM)

4.18

P/S(TTM)

4.58

Unity Bancorp, Inc. is a bank holding company that serves as a holding company for Unity Bank (the Bank). The primary activity of the Company is ownership and supervision of the Bank. The Bank, the Company’s wholly-owned subsidiary, provides financial services to retail, corporate and small business customers through its branch network located in Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union and Warren Counties in New Jersey and Northampton County in Pennsylvania. The Bank conducts a traditional and community-oriented commercial banking business and offers services, including personal and business checking accounts, time deposits, money market accounts, savings accounts, credit cards, debit cards, wire transfers, safe deposit boxes, access to automated teller services, and Internet and mobile banking, typical of a community banking business. The Bank also offers retirement accounts, automated clearing house (ACH) origination and remote deposit capture (RDC).

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q3

FY2025Q4

FY2026Q1

31.35M

+13.36%

1.283

+19.94%

31.86M

+12.16%

1.290

+14.16%

32.32M

+10.11%

1.273

+12.68%

Estimates Revision

The market is revising Upward the revenue expectations for Unity Bancorp, Inc. (UNTY) for FY2025, with the revenue forecasts being adjusted by 1.73% over the past three months. During the same period, the stock price has changed by 12.48%.

Revenue Estimates for FY2025

Revise Upward

+1.73%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+9.38%

In Past 3 Month

Stock Price

Go Up

+12.48%

In Past 3 Month

2 Analyst Rating

Wall Street analysts forecast UNTY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for UNTY is 61.50 USD with a low forecast of 60.00 USD and a high forecast of 63.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

0 Hold

0 Sell

Moderate Buy

Current: 51.360

Low

60.00

Averages

61.50

High

63.00

Current: 51.360

Low

60.00

Averages

61.50

High

63.00

Keefe Bruyette

Outperform

maintain

$55 -> $63

2025-07-18

Reason

Keefe Bruyette

Price Target

$55 -> $63

2025-07-18

maintain

Outperform

Reason

Keefe Bruyette raised the firm's price target on Unity Bancorp to $63 from $55 and keeps an Outperform rating on the shares. Unity posted a strong quarter driven by modest net interest margin expansion and continued strong loan growth, the analyst tells investors in a research note.

Piper Sandler

Justin Crowley

Buy

Maintains

$54 → $50

2025-04-14

Reason

Piper Sandler

Justin Crowley

Price Target

$54 → $50

2025-04-14

Maintains

Buy

Reason

Piper Sandler lowered the firm's price target on Unity Bancorp to $50 from $54 and keeps an Overweight rating on the shares following quarterly results. The firm notes Unity put up a strong start to 2025 with a 6c revenue beat driven by margin expansion that outpaced expectations while the bank also registered its strongest quarter of loan growth in over 2 years. Core profitability progressed higher through all of 2024, and this trend continued through Q1 2025 with a core ROA of 1.86% posted in the period. The bank continues to demonstrate a peer-leading return profile, and is positioned well with a very strong capital and liquidity base while credit quality remains in check, Piper adds.

Keefe, Bruyette & Woods

Christopher O'Connell

Buy

Reiterates

$51 → $55

2025-01-16

Reason

Keefe, Bruyette & Woods

Christopher O'Connell

Price Target

$51 → $55

2025-01-16

Reiterates

Buy

Reason

Piper Sandler

Justin Crowley

Buy

Reiterates

$53 → $54

2025-01-16

Reason

Piper Sandler

Justin Crowley

Price Target

$53 → $54

2025-01-16

Reiterates

Buy

Reason

Piper Sandler raised the firm's price target on Unity Bancorp to $54 from $53 and keeps an Overweight rating on the shares. The firm notes Unity Bancorp reported Q4 EPS of $1.13, and excluding a one-time valuation-related SERP adjustment as well as normalizing the tax rate, it pegs core at $1.14. The result came in above Piper's $1.09 estimate and consensus at $1.06.

Keefe, Bruyette & Woods

Christopher O'Connell

Buy

Maintains

$43 → $51

2024-12-04

Reason

Keefe, Bruyette & Woods

Christopher O'Connell

Price Target

$43 → $51

2024-12-04

Maintains

Buy

Reason

Piper Sandler

Justin Crowley

Buy

Reiterates

$40 → $44

2024-10-14

Reason

Piper Sandler

Justin Crowley

Price Target

$40 → $44

2024-10-14

Reiterates

Buy

Reason

Piper Sandler raised the firm's price target on Unity Bancorp to $44 from $40 and keeps an Overweight rating on the shares following a "very impressive" quarter. The $1.04 core number handily beat the firm's and consensus, and, in Piper's view, there wasn't much at all to not like in looking at results.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Unity Bancorp Inc (UNTY.O) is 9.86, compared to its 5-year average forward P/E of 7.73. For a more detailed relative valuation and DCF analysis to assess Unity Bancorp Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Overvalued

5Y Average PE

7.73

Current PE

9.86

Overvalued PE

8.82

Undervalued PE

6.64

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

2.89

Current PS

0.00

Overvalued PS

3.39

Undervalued PS

2.38