UNTY FY 2023 Earnings — Unity Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

UNTYUnity Bancorp, Inc.

$509M

FY 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$151M+39.2% YoY

Gross Profit

$99M65.7% margin

Operating Income

$53M35.2% margin

Net Income

$40M26.3% margin

EPS (Diluted)

$3.84

Cash Flow

Operating Cash Flow

$47M

Free Cash Flow

$46M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.3B

Stockholders' Equity

$261M

Cash & Equivalents

$195M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$151M	$108M	+39.2%
Gross Profit	$99M	$93M	+6.1%
Operating Income	$53M	$51M	+3.1%
Net Income	$40M	$38M	+3.3%