Unity Bancorp, Inc. (UNTY): Price and Financial Metrics

UNTY POWR Grades

• UNTY scores best on the Stability dimension, with a Stability rank ahead of 96.52% of US stocks.
• UNTY's strongest trending metric is Stability; it's been moving down over the last 177 days.
• UNTY's current lowest rank is in the Quality metric (where it is better than 38.56% of US stocks).

UNTY Stock Summary

• For UNTY, its debt to operating expenses ratio is greater than that reported by 79.67% of US equities we're observing.
• UNTY's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 90.75% of US stocks.
• The volatility of UNITY BANCORP INC's share price is greater than that of just 1.14% US stocks with at least 200 days of trading history.
• Stocks that are quantitatively similar to UNTY, based on their financial statements, market capitalization, and price volatility, are FFNW, PRK, UBCP, SBCF, and TCBI.
• UNTY's SEC filings can be seen here. And to visit UNITY BANCORP INC's official web site, go to www.unitybank.com.

UNTY Valuation Summary

• In comparison to the median Financial Services stock, UNTY's EV/EBIT ratio is 30.93% lower, now standing at 6.7.
• Over the past 243 months, UNTY's price/earnings ratio has gone down 14.3.

Below are key valuation metrics over time for UNTY.

UNTY Growth Metrics

The year over year net income to common stockholders growth rate now stands at 37.2%.
• Its 3 year cash and equivalents growth rate is now at 25.87%.
• Its year over year price growth rate is now at 21.58%.

Over the past 33 months, UNTY's revenue has gone up $27,974,000.

The table below shows UNTY's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-06-30	91.962	15.579	37.764
2022-03-31	89.988	19.438	36.731
2021-12-31	88.912	23.454	36.119
2021-09-30	85.71	21.106	33.718
2021-06-30	80.841	34.031	30.019
2021-03-31	75.333	33.91	26.772

UNTY's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• UNTY has a Quality Grade of C, ranking ahead of 53.98% of graded US stocks.
• UNTY's asset turnover comes in at 0.041 -- ranking 164th of 435 Banking stocks.
• SFST, SASR, and MRLN are the stocks whose asset turnover ratios are most correlated with UNTY.

The table below shows UNTY's key quality metrics over time.