(UNTY) Unity Bancorp - Ratings and Ratios

Unity Bancorp Inc (NASDAQ:UNTY) is a bank holding company that provides a range of commercial and retail banking services through its subsidiary, Unity Bank. The companys product offerings include various deposit accounts, loans, and credit cards, as well as digital banking services and business solutions.

From a financial perspective, Unity Bancorp has a market capitalization of $458.02 million, indicating a relatively small-cap regional bank. The companys price-to-earnings ratio is 10.72, suggesting a relatively undervalued stock compared to its earnings. The forward P/E ratio is 8.39, implying expected earnings growth. The return on equity (RoE) is 14.99%, indicating a relatively strong profitability metric.

To further analyze Unity Bancorps performance, we can examine key performance indicators (KPIs) such as the net interest margin (NIM), efficiency ratio, and loan growth rate. A high NIM indicates a banks ability to maintain a healthy spread between interest income and expense. The efficiency ratio measures a banks ability to control operating expenses. Loan growth rate is a key indicator of a banks ability to expand its lending activities. As a regional bank, Unity Bancorps KPIs are likely influenced by the local economic conditions in New Jersey and surrounding areas.

Additional KPIs that may be relevant to Unity Bancorps analysis include the Texas Ratio, which measures a banks credit risk, and the capital adequacy ratio, which assesses a banks capital strength. A low Texas Ratio and high capital adequacy ratio would indicate a bank with a strong credit profile and robust capital position. By examining these KPIs, investors can gain a more comprehensive understanding of Unity Bancorps financial health and growth prospects.