UNTY Q2 2024 Earnings — Unity Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

UNTYUnity Bancorp, Inc.

$509M

Q2 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$40M+6.1% YoY

Gross Profit

$24M61.0% margin

Operating Income

$13M31.6% margin

Net Income

$9M23.8% margin

EPS (Diluted)

$0.93

QoQ Revenue Growth

+0.0%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$9M

Stock-Based Comp.

$450,000

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.3B

Stockholders' Equity

$273M

Cash & Equivalents

$197M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$40M	$37M	+6.1%
Gross Profit	$24M	$25M	-2.6%
Operating Income	$13M	$13M	-4.2%
Net Income	$9M	$10M	-2.5%

Revenue Segments

Service and loan fee income

$467,00064%

Branch fee income

$266,00036%