UNTY Q1 2022 Earnings — Unity Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

UNTYUnity Bancorp, Inc.

$509M

Q1 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$23M-4.3% YoY

Gross Profit

$22M95.5% margin

Operating Income

$12M51.4% margin

Net Income

$9M39.3% margin

EPS (Diluted)

$0.85

QoQ Revenue Growth

-5.9%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$20M

Stock-Based Comp.

$394,000

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.9B

Stockholders' Equity

$215M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$23M	$24M	-4.3%
Gross Profit	$22M	$21M	+4.6%
Operating Income	$12M	$11M	+4.1%
Net Income	$9M	$8M	+7.2%

Revenue Segments

Service and loan fee income

$584,00068%

Branch fee income

$275,00032%