Unity Bancorp Financials
Unity Bancorp (UNTY) reported $173.6M in revenue for fiscal year 2025, up 11.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Unity’s engine is balance-sheet expansion: a larger asset base is producing more profit while retained earnings gradually thicken the capital cushion.
In FY2025, net income reached$58.0M while operating cash flow stayed near$44.9M , reversing the prior two years when cash roughly matched or exceeded earnings. That gap, alongside continued asset growth and still-rising returns, implies the profit step-up came more from deploying a bigger balance sheet than from a cleaner cash-conversion profile or a one-time expense reset.
Return on assets rose to
Total equity increased to
Financial Health Signals
Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Unity Bancorp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Unity Bancorp, and counted as zero in the overall score.
Unity Bancorp passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Unity Bancorp generates $0.77 in operating cash flow ($44.9M OCF vs $58.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Unity Bancorp generated $173.6M in revenue in fiscal year 2025. This represents an increase of 11.5% from the prior year.
Unity Bancorp reported $58.0M in net income in fiscal year 2025. This represents an increase of 39.8% from the prior year.
Unity Bancorp earned $5.67 per diluted share (EPS) in fiscal year 2025. This represents an increase of 39.7% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Unity Bancorp generated $44.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 6.2% from the prior year.
Unity Bancorp held $216.5M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Unity Bancorp paid $0.58 per share in dividends in fiscal year 2025. This represents an increase of 11.5% from the prior year.
Margins & Returns
Unity Bancorp's net profit margin was 33.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 6.8 percentage points from the prior year.
Unity Bancorp's ROE was 16.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.7 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Unity Bancorp spent $5.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 18.9% from the prior year.
Unity Bancorp invested $564K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 18.6% from the prior year.
Not reported for fiscal year 2025.
UNTY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $182.0M | $173.6M+11.5% | $155.7M+8.5% | $143.5M+42.4% | $100.7M+18.8% | $84.8M+7.4% | $78.9M+4.3% | $75.6M+12.5% | $67.3M+21.6% | $55.3M+17.6% | $47.0M+12.9% | $41.7M+11.3% | $37.4M+10.2% | $34.0M-3.5% | $35.2M-10.9% | $39.5M |
| SG&A Expenses | $39.1M | $32.2M+8.2% | $29.7M+2.4% | $29.1M+7.8% | $26.9M+8.8% | $24.8M+7.1% | $23.1M+11.9% | $20.7M+2.7% | $20.1M+17.5% | $17.1M+14.5% | $15.0M+4.6% | $14.3M+12.1% | $12.8M+4.1% | $12.3M-2.5% | $12.6M+6.6% | $11.8M |
| Interest Expense | $58.3M | $56.6M-0.9% | $57.1M+17.8% | $48.5M+356.2% | $10.6M+37.3% | $7.7M-46.5% | $14.5M-19.8% | $18.1M+33.6% | $13.5M+43.0% | $9.5M+7.8% | $8.8M+14.5% | $7.7M+4.8% | $7.3M+11.9% | $6.5M-16.0% | $7.8M-26.3% | $10.6M |
| Income Tax | $17.1M | $17.6M+35.7% | $12.9M-2.6% | $13.3M+2.5% | $13.0M+7.9% | $12.0M+60.7% | $7.5M+12.2% | $6.7M+23.6% | $5.4M-43.5% | $9.5M+31.5% | $7.3M+50.8% | $4.8M+53.0% | $3.1M+22.5% | $2.6M+15.3% | $2.2M+189.5% | $769K |
| Net Income | $58.6M | $58.0M+39.8% | $41.5M+4.4% | $39.7M+3.3% | $38.5M+6.5% | $36.1M+52.8% | $23.6M0.0% | $23.7M+7.9% | $21.9M+70.0% | $12.9M-2.4% | $13.2M+38.2% | $9.6M+49.1% | $6.4M+25.3% | $5.1M+20.5% | $4.2M+66.7% | $2.5M |
| EPS (Diluted) | $5.75 | $5.67+39.7% | $4.06+5.7% | $3.84+7.0% | $3.59+4.7% | $3.43+56.6% | $2.19+2.3% | $2.14+6.5% | $2.01+67.5% | $1.20-13.0% | $1.38+35.3% | $1.02+25.9% | $0.81+52.8% | $0.53+55.9% | $0.34 | $0.13 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
UNTY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.0B+11.8% | $2.7B+2.9% | $2.6B+5.5% | $2.4B+20.2% | $2.0B+3.8% | $2.0B+14.0% | $1.7B+8.9% | $1.6B+8.5% | $1.5B+22.3% | $1.2B+9.7% | $1.1B+7.5% | $1.0B+9.5% | $921.1M+12.4% | $819.7M+1.1% | $810.8M |
| Cash & Equivalents | $216.5M+20.0% | $180.4M-7.4% | $194.8M+69.7% | $114.8M-53.1% | $244.8M+11.6% | $219.3M+38.8% | $158.0M+8.6% | $145.5M-3.2% | $150.3M+41.9% | $105.9M | N/A | N/A | $99.4M+5.5% | $94.2M+14.1% | $82.6M |
| Goodwill | $1.5M0.0% | $1.5M0.0% | $1.5M+1.1% | $1.5M0.0% | $1.5M0.0% | $1.5M0.0% | $1.5M-1.1% | $1.5M0.0% | $1.5M0.0% | $1.5M+1.1% | $1.5M0.0% | $1.5M0.0% | $1.5M | N/A | N/A |
| Total Liabilities | $2.6B+11.1% | $2.4B+1.8% | $2.3B+5.0% | $2.2B+20.7% | $1.8B+2.4% | $1.8B+14.6% | $1.6B+8.2% | $1.4B+7.7% | $1.3B+23.4% | $1.1B+7.7% | $1.0B+7.2% | $938.7M+8.6% | $863.9M+16.4% | $742.2M+0.7% | $737.3M |
| Long-Term Debt | N/A | $230.8M-37.1% | $366.7M-6.8% | $393.3M+681.8% | $50.3M-76.1% | $210.3M-28.3% | $293.3M+33.1% | $220.3M-22.8% | $285.3M+117.3% | $131.3M+22.2% | $107.5M-23.5% | $140.5M+14.7% | $122.5M+35.4% | $90.5M | N/A |
| Total Equity | $345.6M+16.9% | $295.6M+13.1% | $261.4M+9.3% | $239.2M+16.3% | $205.7M+18.3% | $173.9M+8.2% | $160.7M+16.0% | $138.5M+17.3% | $118.1M+11.1% | $106.3M+35.5% | $78.5M+11.9% | $70.1M+22.7% | $57.2M-26.2% | $77.5M+5.4% | $73.6M |
| Retained Earnings | $243.9M+7.3% | $227.3M+19.0% | $191.1M+21.8% | $157.0M+27.6% | $123.0M+35.7% | $90.7M+28.7% | $70.4M+40.4% | $50.2M+61.2% | $31.1M+50.0% | $20.7M+6.0% | $19.6M+74.8% | $11.2M+100.0% | $5.6M+213.1% | $1.8M+309.4% | -$854K |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities.
UNTY Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $27.6M | $44.9M-6.4% | $48.0M+2.3% | $46.9M+9.9% | $42.7M+31.2% | $32.5M+45.7% | $22.3M-32.8% | $33.2M-14.0% | $38.6M+167.1% | $14.4M+64.4% | $8.8M+194.7% | $3.0M-74.5% | $11.7M+2.4% | $11.4M-14.0% | $13.3M-18.6% | $16.4M |
| Capital Expenditures | $617K | $564K-18.6% | $693K-27.4% | $955K-35.6% | $1.5M+18.7% | $1.2M+123.4% | $559K-21.2% | $709K-53.0% | $1.5M-0.1% | $1.5M-84.3% | $9.6M+908.9% | $951K+59.3% | $597K-87.5% | $4.8M+163.6% | $1.8M+5.9% | $1.7M |
| Free Cash Flow | $26.8M | $44.3M-6.2% | $47.3M+2.9% | $46.0M+11.6% | $41.2M+31.7% | $31.3M+43.7% | $21.8M-33.0% | $32.5M-12.4% | $37.1M+186.6% | $12.9M+1703.5% | -$807K-139.7% | $2.0M-81.7% | $11.1M+67.1% | $6.7M-42.1% | $11.5M-21.5% | $14.6M |
| Investing Cash Flow | -$275.4M | -$256.8M-176.7% | -$92.8M-60.4% | -$57.8M+89.3% | -$541.3M-1236.0% | -$40.5M+76.9% | -$175.4M-31.7% | -$133.1M+5.4% | -$140.7M+36.0% | -$219.6M-168.4% | -$81.8M | N/A | N/A | N/A | -$5.6M-116.6% | $33.7M |
| Financing Cash Flow | $204.4M | $248.0M+713.5% | $30.5M-66.5% | $90.9M-75.3% | $368.6M+1000.5% | $33.5M-84.4% | $214.3M+90.7% | $112.4M+15.5% | $97.3M-61.0% | $249.5M+174.9% | $90.8M | N/A | N/A | N/A | $3.9M+134.6% | -$11.4M |
| Dividends Paid | $6.0M | $5.6M+11.7% | $5.0M+6.4% | $4.7M+8.0% | $4.4M+20.9% | $3.6M+9.7% | $3.3M+1.3% | $3.3M+16.2% | $2.8M+17.7% | $2.4M+56.2% | $1.5M+37.4% | $1.1M+46.5% | $757K+302.7% | $188K | N/A | N/A |
| Share Buybacks | $3.4M | $5.0M-18.9% | $6.2M-60.4% | $15.7M+37261.9% | $42K-99.0% | $4.2M-43.7% | $7.4M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
UNTY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 33.4%+6.8pp | 26.6%-1.1pp | 27.7%-10.5pp | 38.2%-4.4pp | 42.6%+12.6pp | 30.0%-1.3pp | 31.3%-1.3pp | 32.6%+9.3pp | 23.3%-4.8pp | 28.1%+5.1pp | 22.9%+5.8pp | 17.1%+2.1pp | 15.1%+3.0pp | 12.1%+5.6pp | 6.4% |
| Return on Equity | 16.8%+2.7pp | 14.0%-1.2pp | 15.2%-0.9pp | 16.1%-1.5pp | 17.6%+4.0pp | 13.6%-1.1pp | 14.7%-1.1pp | 15.8%+4.9pp | 10.9%-1.5pp | 12.4%+0.2pp | 12.2%+3.0pp | 9.1%+0.2pp | 8.9%+3.5pp | 5.5%+2.0pp | 3.5% |
| Return on Assets | 1.9%+0.4pp | 1.6%0.0pp | 1.5%0.0pp | 1.6%-0.2pp | 1.8%+0.6pp | 1.2%-0.2pp | 1.4%0.0pp | 1.4%+0.5pp | 0.9%-0.2pp | 1.1%+0.2pp | 0.9%+0.2pp | 0.6%+0.1pp | 0.6%0.0pp | 0.5%+0.2pp | 0.3% |
| Debt-to-Equity | 7.58+6.8x | 0.78-0.6x | 1.40-0.2x | 1.64+1.4x | 0.24-1.0x | 1.21-0.6x | 1.83+0.2x | 1.59-0.8x | 2.42+1.2x | 1.24-0.1x | 1.37-0.6x | 2.00-0.1x | 2.14+1.0x | 1.17-8.9x | 10.02 |
| FCF Margin | 25.5%-4.8pp | 30.4%-1.7pp | 32.0%-8.9pp | 40.9%+4.0pp | 36.9%+9.3pp | 27.6%-15.4pp | 43.0%-12.2pp | 55.1%+31.7pp | 23.4%+25.1pp | -1.7%-6.6pp | 4.9%-24.8pp | 29.7%+10.1pp | 19.6%-13.0pp | 32.6%-4.4pp | 37.0% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
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Where Unity Bancorp Ranks
Frequently Asked Questions
What is Unity Bancorp's annual revenue?
Unity Bancorp (UNTY) reported $173.6M in total revenue for fiscal year 2025. This represents a 11.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Unity Bancorp's revenue growing?
Unity Bancorp (UNTY) revenue grew by 11.5% year-over-year, from $155.7M to $173.6M in fiscal year 2025.
Is Unity Bancorp profitable?
Yes, Unity Bancorp (UNTY) reported a net income of $58.0M in fiscal year 2025, with a net profit margin of 33.4%.
What is Unity Bancorp's net profit margin?
Unity Bancorp (UNTY) had a net profit margin of 33.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Unity Bancorp pay dividends?
Yes, Unity Bancorp (UNTY) paid $0.58 per share in dividends during fiscal year 2025.
What is Unity Bancorp's return on equity (ROE)?
Unity Bancorp (UNTY) has a return on equity of 16.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Unity Bancorp's free cash flow?
Unity Bancorp (UNTY) generated $44.3M in free cash flow during fiscal year 2025. This represents a -6.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Unity Bancorp's operating cash flow?
Unity Bancorp (UNTY) generated $44.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Unity Bancorp's total assets?
Unity Bancorp (UNTY) had $3.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Unity Bancorp's capital expenditures?
Unity Bancorp (UNTY) invested $564K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Unity Bancorp's debt-to-equity ratio?
Unity Bancorp (UNTY) had a debt-to-equity ratio of 7.58 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Unity Bancorp's return on assets (ROA)?
Unity Bancorp (UNTY) had a return on assets of 1.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Unity Bancorp's Piotroski F-Score?
Unity Bancorp (UNTY) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Unity Bancorp's earnings high quality?
Unity Bancorp (UNTY) has an earnings quality ratio of 0.77x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Unity Bancorp?
Unity Bancorp (UNTY) scores 62 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.