UNTY Q4 2022 Earnings — Unity Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

UNTYUnity Bancorp, Inc.

$509M

Q4 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$32M+30.5% YoY

Gross Profit

$25M77.4% margin

Operating Income

$14M42.4% margin

Net Income

$10M31.0% margin

EPS (Diluted)

$0.93

QoQ Revenue Growth

+18.2%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

$43M

Stock-Based Comp.

$442,000

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$2.2B

Stockholders' Equity

$239M

Cash & Equivalents

$115M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32M	$25M	+30.5%
Gross Profit	$25M	$24M	+5.8%
Operating Income	$14M	$13M	+3.8%
Net Income	$10M	$10M	+2.2%

Revenue Segments

Service and loan fee income

$618,00073%

Branch fee income

$225,00027%