UNTY Q2 2022 Earnings — Unity Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

UNTYUnity Bancorp, Inc.

$509M

Q2 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$26M+10.4% YoY

Gross Profit

$23M90.3% margin

Operating Income

$13M48.9% margin

Net Income

$9M36.6% margin

EPS (Diluted)

$0.88

QoQ Revenue Growth

+11.3%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$8M

Stock-Based Comp.

$439,000

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.9B

Stockholders' Equity

$221M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$26M	$23M	+10.4%
Gross Profit	$23M	$21M	+10.2%
Operating Income	$13M	$11M	+15.8%
Net Income	$9M	$8M	+12.3%

Revenue Segments

Service and loan fee income

$688,00071%

Branch fee income

$281,00029%