UNTY FY 2024 Earnings — Unity Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

UNTYUnity Bancorp, Inc.

$509M

FY 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$163M+8.2% YoY

Gross Profit

$102M62.5% margin

Operating Income

$54M33.4% margin

Net Income

$41M25.4% margin

EPS (Diluted)

$4.06

Cash Flow

Operating Cash Flow

$48M

Free Cash Flow

$47M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$2.4B

Stockholders' Equity

$296M

Cash & Equivalents

$180M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$163M	$151M	+8.2%
Gross Profit	$102M	$99M	+3.0%
Operating Income	$54M	$53M	+2.6%
Net Income	$41M	$40M	+4.4%