UNTY Q4 2024 Earnings — Unity Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

UNTYUnity Bancorp, Inc.

$509M

Q4 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$42M+5.2% YoY

Gross Profit

$27M64.1% margin

Operating Income

$14M34.5% margin

Net Income

$12M27.4% margin

EPS (Diluted)

$1.13

QoQ Revenue Growth

-0.3%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$23M

Stock-Based Comp.

$442,000

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$2.4B

Stockholders' Equity

$296M

Cash & Equivalents

$180M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$42M	$40M	+5.2%
Gross Profit	$27M	$24M	+10.1%
Operating Income	$14M	$13M	+11.0%
Net Income	$12M	$10M	+17.8%

Revenue Segments

Service and loan fee income

$955,00057%

Branch fee income

$728,00043%