UNTY Stock Analysis: Unity Bancorp | NASDAQ

Banks - Regional | NASDAQ, USA | Market Cap: 563m USD | 12M Return: 17.1% | US9132901029 | Charts, Fundamentals & Technical Analysis

Checking Accounts, Savings Deposits, Commercial Loans, Mortgage Lending
Total Rating 39
Safety 37
Buy Signal 0.01
Banks - Regional
Industry Rotation: +5.4
Market Cap: 563M
Avg Turnover: 3.13M
Risk 3d forecast
Volatility31.3%
VaR 5th Pctl5.20%
VaR vs Median0.67%
Reward TTM
Sharpe Ratio0.56
Rel. Str. IBD50.8
Rel. Str. Peer Group30.3
Character TTM
Beta0.489
Beta Downside0.274
Hurst Exponent0.533
Drawdowns 3y
Max DD23.58%
CAGR/Max DD1.47
CAGR/Mean DD4.96
EPS (Earnings per Share) EPS (Earnings per Share) of UNTY over the last years for every Quarter: "2021-09": 0.9, "2021-12": 0.92, "2022-03": 0.85, "2022-06": 0.88, "2022-09": 0.93, "2022-12": 0.93, "2023-03": 0.96, "2023-06": 0.95, "2023-09": 0.97, "2023-12": 0.96, "2024-03": 0.93, "2024-06": 0.93, "2024-09": 1.07, "2024-12": 1.13, "2025-03": 1.13, "2025-06": 1.61, "2025-09": 1.41, "2025-12": 1.52, "2026-03": 1.4, "2026-06": 1.42,
EPS CAGR: 21.05%
EPS Trend: 93.9%
Last SUE: -0.14
Qual. Beats: 0
Revenue Revenue of UNTY over the last years for every Quarter: 2021-09: 23.549, 2021-12: 24.626, 2022-03: 23.165, 2022-06: 25.789, 2022-09: 27.18, 2022-12: 32.13, 2023-03: 34.595, 2023-06: 37.377, 2023-09: 38.818, 2023-12: 39.929, 2024-03: 39.655, 2024-06: 39.669, 2024-09: 42.13, 2024-12: 42.001, 2025-03: 42.902, 2025-06: 50.186, 2025-09: 63.052, 2025-12: 49.766, 2026-03: 48.055, 2026-06: 48.556,
Rev. CAGR: 16.01%
Rev. Trend: 97.0%
Last SUE: 0.71
Qual. Beats: 0

Warnings

Below Avwap Earnings

Tailwinds

Confidence

Seasonality 11.7 years of data

Jan +0.3% 7
Feb -1.1% 29
Mar -2.9% 32
Apr -1.1% 19
May +0.5% 18
Jun +2.5% 33
Jul +1.3% 10
Aug -1.9% 23
Sep -1.4% 28
Oct +2.8% 17
Nov +5.8% 40
Dec -0.9% 16

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: UNTY Unity Bancorp

Unity Bancorp, Inc. (UNTY) is a bank holding company headquartered in Clinton, New Jersey, that operates through its subsidiary Unity Bank, delivering commercial and retail banking services. Its deposit offerings include personal and business checking, money market, savings, retirement, and various demand and time deposit accounts. The company extends a range of credit products, such as commercial, small business administration (SBA), consumer, mortgage, and home equity loans, along with owner- and non-owner-occupied commercial mortgages, and engages in residential construction, commercial, and industrial lending secured by real estate, receivables, inventory, and equipment.

Beyond core lending and deposit services, Unity provides ancillary banking products including credit and debit cards, wire transfers, safe deposit boxes, ATM access, internet and mobile banking, ACH origination, and remote deposit capture, as well as business services such as escrow, merchant, and online solutions. As a U.S. small-cap regional bank listed on NASDAQ, UNTY operates within the community banking segment of the financial sector, which typically derives the majority of revenue from net interest income on loans and securities rather than fee-based services.

Headlines to Watch Out For
  • Net interest margin compresses as deposit costs outpace asset repricing
  • Residential construction loan growth drives earning asset expansion
  • Credit quality deterioration raises provisioning amid commercial real estate stress
Piotroski VR-10 (Strict) 3.5
Net Income: 58.6m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.25 > 1.0
NWC/Revenue: -1.10k% < 20% (prev -1.06k%; Δ -45.96% < -1%)
CFO/TA 0.01 > 3% & CFO 28.5m > Net Income 58.6m
Net Debt (-37.6m) to EBITDA (80.2m): -0.47 < 3
Current Ratio: 0.17 > 1.5 & < 3
Outstanding Shares: last quarter (10.2m) vs 12m ago -0.02% < -2%
Gross Margin: 63.36% > 18% (prev 65.23%; Δ -1.87% > 0.5%)
Asset Turnover: 6.84% > 50% (prev 6.05%; Δ 0.79% > 0%)
Interest Coverage Ratio: 1.33 > 6 (EBIT TTM 77.5m / Interest Expense TTM 58.3m)
Altman Z'' -4.15
A: -0.72 (Total Current Assets 474.6m - Total Current Liabilities 2.78b) / Total Assets 3.19b
B: 0.08 (Retained Earnings 269.5m / Total Assets 3.19b)
C: 0.03 (EBIT TTM 77.5m / Avg Total Assets 3.06b)
D: 0.13 (Book Value of Equity 371.8m / Total Liabilities 2.82b)
Altman-Z'' = -4.15 = D
Beneish M -2.99
DSRI: 0.89 (Receivables 13.0m/12.4m, Revenue 209.4m/177.2m)
GMI: 1.03 (GM 65.23% / 63.36%)
AQI: 0.96 (AQ_t 0.85 / AQ_t-1 0.88)
SGI: 1.18 (Revenue 209.4m / 177.2m)
TATA: 0.01 (NI 58.6m - CFO 28.5m) / TA 3.19b)
Beneish M = -2.99 (Cap -4..+1) = A
What is the price of UNTY shares?

As of October 03, 2026, the stock is trading at USD 55.34 with a total of 42,880 shares traded. Over the past week, the price has changed by -1.27%, over one month by -5.60%, over three months by -4.51% and over the past year by +17.11%.

Current recommended Stop Loss: 52.60 (which is 5% or 2 ATR below the current price).

Is UNTY a buy, sell or hold?

Unity Bancorp has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy UNTY.

  • StrongBuy: 1
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the UNTY price?
Analysts Target Price 68.6 23.9%
Unity Bancorp (UNTY) - Fundamental Data Overview as of 27 September 2026
Market Cap USD = 562.9m (562.9m USD * 1.0 USD.USD)
P/E Trailing = 9.7478
P/E Forward = 8.3893
P/S = 4.3157
P/B = 1.5671
P/EG = 0.991
Revenue TTM = 209.4m USD
EBIT TTM = 77.5m USD
EBITDA TTM = 80.2m USD
Long Term Debt = 326.4m USD (from longTermDebt, last quarter)
Short Term Debt = 316.1m USD (from shortTermDebt, last quarter)
Debt = 332.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 5.60m
Net Debt = -37.6m USD (calculated: Debt 332.0m - CCE 369.6m)
Enterprise Value = 525.3m USD (562.9m + Debt 332.0m - CCE 369.6m)
Interest Coverage Ratio = 1.33 (Ebit TTM 77.5m / Interest Expense TTM 58.3m)
EV/FCF = 19.41x (Enterprise Value 525.3m / FCF TTM 27.1m)
FCF Yield = 5.15% (FCF TTM 27.1m / Enterprise Value 525.3m)
FCF Margin = 12.92% (FCF TTM 27.1m / Revenue TTM 209.4m)
Net Margin = 27.99% (Net Income TTM 58.6m / Revenue TTM 209.4m)
Gross Margin = 63.36% ((Revenue TTM 209.4m - Cost of Revenue TTM 76.7m) / Revenue TTM)
Gross Margin QoQ = 67.10% (prev 67.75%)
Tobins Q-Ratio = 0.16 (Enterprise Value 525.3m / Total Assets 3.19b)
Interest Expense / Debt = 17.55% (Interest Expense 58.3m / Debt 332.0m)
Taxrate = 22.56% (17.1m / 75.7m)
NOPAT = 60.0m (EBIT 77.5m * (1 - 22.56%))
Current Ratio = 0.17 (Total Current Assets 474.6m / Total Current Liabilities 2.78b)
Debt / Equity = 0.89 (Debt 332.0m / totalStockholderEquity, last quarter 371.8m)
Debt / EBITDA = -0.47 (Net Debt -37.6m / EBITDA 80.2m)
Debt / FCF = -1.39 (Net Debt -37.6m / FCF TTM 27.1m)
Total Stockholder Equity = 352.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.92% (Net Income 58.6m / Total Assets 3.19b)
RoE = 16.64% (Net Income TTM 58.6m / Total Stockholder Equity 352.4m)
RoCE = 11.41% (EBIT 77.5m / Capital Employed (Equity 352.4m + L.T.Debt 326.4m))
RoIC = 8.35% (NOPAT 60.0m / Invested Capital 718.5m)
WACC = 9.88% (E(562.9m)/V(894.9m) * Re(7.70%) + D(332.0m)/V(894.9m) * Rd(17.55%) * (1-Tc(0.23)))
Discount Rate = 7.70% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 1.72 | Cagr: -0.29%
[DCF] Terminal Value 67.58% ; FCFF base≈29.1m ; Y1≈25.6m ; Y5≈20.7m
[DCF] Fair Price = 30.11 (EV 264.7m - Net Debt -37.6m = Equity 302.3m / Shares 10.0m; r=9.88% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 93.95 | EPS CAGR: 21.05% | SUE: -0.14 | # QB: 0
Revenue Correlation: 97.03 | Revenue CAGR: 16.01% | SUE: 0.71 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.57 | Chg30d=+4.85% | Revisions=+50% | Analysts=4
EPS current Year (2026-12-31): EPS=5.89 | Chg30d=+0.82% | Revisions=+0% | GrowthEPS=+4.0% | GrowthRev=+6.2%
EPS next Year (2027-12-31): EPS=6.36 | Chg30d=+0.00% | Revisions=+50% | GrowthEPS=+7.9% | GrowthRev=+10.4%
[Analyst] Revisions Ratio: +46% (up=8, down=2)