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UNTY Q4 2023 Earnings — Unity Bancorp, Inc. Revenue & Financial Results | Market Cap Arena
UNTY
Unity Bancorp, Inc.
$509M
Q4 2023 Earnings
Financial Services
Banks - Regional
Income Statement
Revenue
$40M
+24.3% YoY
Gross Profit
$24M
61.2% margin
Operating Income
$13M
32.7% margin
Net Income
$10M
24.5% margin
EPS (Diluted)
$0.96
QoQ Revenue Growth
+2.9%
Cash Flow
Operating Cash Flow
$25M
Free Cash Flow
$25M
Stock-Based Comp.
$482,000
Balance Sheet
Total Assets
$2.6B
Total Liabilities
$2.3B
Stockholders' Equity
$261M
Cash & Equivalents
$195M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$40M
$32M
+24.3%
Gross Profit
$24M
$25M
-1.7%
Operating Income
$13M
$14M
-4.3%
Net Income
$10M
$10M
-1.9%
Revenue Segments
Service and loan fee income
$934,000
64%
Branch fee income
$534,000
36%
← FY 2023
All Quarters
Q1 2024 →