Unity Bancorp, Inc. (UNTY)
Unity Bancorp, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Clinton, NJ, US. The stock last traded at $56.05, up 1.30% on the session, giving a market capitalisation of $562.8M. On trailing twelve-month figures it carries a trailing P/E of 9.58, a net margin of 28.0%. Its beta of 0.62 implies it has historically moved less than the broad market.
As the parent entity of Unity Bank, Unity Bancorp, Inc. delivers a comprehensive range of commercial and retail banking solutions, catering to individual consumers, small and mid-sized enterprises, and professional organizations. Its product portfolio encompasses various deposit accounts, such as personal and business checking, certificates of deposit (time deposits), money market accounts, and traditional savings accounts, alongside both interest-earning and non-interest-bearing demand deposit options. Furthermore, the bank extends a variety of lending products, including Small Business Administration (SBA) loans, commercial financing, and consumer credit facilities, which feature residential mortgages, home equity lines of credit and loans, residential construction financing, and personal loans. Customers can access these services both online and through its network of nineteen physical branches, strategically situated across Bergen, Hunterdon, Middlesex, Somerset, Union, and Warren counties in New Jersey, and Northampton County in Pennsylvania. Established in 1991, Unity Bancorp, Inc. maintains its corporate headquarters in Clinton, New Jersey.
Unity Bancorp, Inc. is most often compared with the following Financial Services names: