UNTY Q1 2021 Earnings — Unity Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

UNTYUnity Bancorp, Inc.

$501M

Q1 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$24M+11.1% YoY

Gross Profit

$21M87.4% margin

Operating Income

$11M47.3% margin

Net Income

$8M35.1% margin

EPS (Diluted)

$0.80

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$11M

Stock-Based Comp.

$374,000

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.8B

Stockholders' Equity

$181M

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$24M	$22M	+11.1%
Gross Profit	$21M	$16M	+32.6%
Operating Income	$11M	$7M	+64.3%
Net Income	$8M	$5M	+58.3%