Unity Bancorp Q4 2023 Earnings Report

Unity Bancorp EPS Results

• Actual EPS: $0.96
• Consensus EPS: $0.87
• Beat/Miss: Beat by +$0.09
• One Year Ago EPS: N/A

Unity Bancorp Revenue Results

• Actual Revenue: $26.60 million
• Expected Revenue: $24.90 million
• Beat/Miss: Beat by +$1.70 million
• YoY Revenue Growth: N/A

Unity Bancorp Announcement Details

• Quarter: Q4 2023
• Date: 1/12/2024
• Time: N/A

Unity Bancorp (NASDAQ:UNTY) operates as a bank holding company for Unity Bank that provides range of commercial and retail banking services to individuals, small and medium sized businesses, and professional communities. It offers personal and business checking accounts, time deposits, money market accounts, savings accounts, and retirement accounts, as well as noninterest and interest-bearing demand deposits. The company also provides small business administration loans; commercial loans; and residential mortgage and consumer loans, including residential real estate, home equity lines and loans, and residential construction lines, as well as personal loans. In addition, it offers credit and debit cards, wire transfer, safe deposit box, automated teller, and internet and mobile banking services; and automated clearing house origination and remote deposit capture services. Unity Bancorp, Inc. was incorporated in 1991 and is headquartered in Clinton, New Jersey.