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Upturn AI SWOT - About
Unity Bancorp Inc (UNTY)
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Upturn Advisory Summary
03/26/2025: UNTY (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 29.42% | Avg. Invested days 51 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 03/26/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 423.63M USD | Price to earnings Ratio 10.27 | 1Y Target Price 53 |
Price to earnings Ratio 10.27 | 1Y Target Price 53 | ||
Volume (30-day avg) 34527 | Beta 0.96 | 52 Weeks Range 25.29 - 51.05 | Updated Date 03/27/2025 |
52 Weeks Range 25.29 - 51.05 | Updated Date 03/27/2025 | ||
Dividends yield (FY) 1.34% | Basic EPS (TTM) 4.1 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 40.19% | Operating Margin (TTM) 54.17% |
Management Effectiveness
Return on Assets (TTM) 1.58% | Return on Equity (TTM) 14.88% |
Valuation
Trailing PE 10.27 | Forward PE 8.39 | Enterprise Value 478898976 | Price to Sales(TTM) 4.11 |
Enterprise Value 478898976 | Price to Sales(TTM) 4.11 | ||
Enterprise Value to Revenue 6.18 | Enterprise Value to EBITDA - | Shares Outstanding 10057600 | Shares Floating 6533314 |
Shares Outstanding 10057600 | Shares Floating 6533314 | ||
Percent Insiders 29.12 | Percent Institutions 52.45 |
Analyst Ratings
Rating 4.33 | Target Price 48 | Buy 2 | Strong Buy 1 |
Buy 2 | Strong Buy 1 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Unity Bancorp Inc
Company Overview
History and Background
Unity Bancorp, Inc. was founded in 1991 and is headquartered in Clinton, New Jersey. It operates as the holding company for Unity Bank, providing financial services to individuals, small businesses, and corporations in New Jersey and Pennsylvania.
Core Business Areas
- Commercial Lending: Provides term loans, lines of credit, equipment financing, and commercial real estate loans to businesses.
- Retail Banking: Offers checking and savings accounts, mortgages, personal loans, and other consumer banking products.
- Small Business Banking: Offers banking products and services tailored to small businesses, including lending and deposit solutions.
Leadership and Structure
James A. Hughes is the CEO and President. The company has a Board of Directors overseeing its operations.
Top Products and Market Share
Key Offerings
- Commercial Real Estate Loans: Loans secured by commercial properties. Market share data is difficult to determine precisely due to the fragmented nature of regional banking. Competitors include larger national and regional banks like PNC, Bank of America, and local community banks.
- Small Business Loans: Loans to small businesses for various purposes. Market share data is not readily available. Competitors include SBA lenders, online lenders, and other community banks. Estimated revenue attributed to this is around 35-40%.
- Residential Mortgages: Mortgages for individuals purchasing homes. Market share is difficult to pinpoint due to diverse market. Competitors include Rocket Mortgage, Wells Fargo and local credit unions.
Market Dynamics
Industry Overview
The banking industry is currently facing challenges related to interest rate volatility, increased regulatory scrutiny, and competition from fintech companies. Regional banks are consolidating.
Positioning
Unity Bancorp Inc. is a community-focused bank that aims to provide personalized service and tailored financial solutions. Their competitive advantages include local market knowledge and strong customer relationships.
Total Addressable Market (TAM)
The TAM for banking services in New Jersey and Pennsylvania is significant, estimated to be in the billions of dollars. Unity Bancorp Inc. holds a small but growing portion of this market.
Upturn SWOT Analysis
Strengths
- Strong local market presence
- Experienced management team
- Focus on customer service
- Sound asset quality
- Diversified loan portfolio
Weaknesses
- Limited geographic reach
- Smaller scale compared to larger banks
- Reliance on traditional banking products
- Dependence on local economy
- Brand Recognition outside their footprint
Opportunities
- Expansion into new markets within New Jersey and Pennsylvania
- Increased adoption of digital banking services
- Strategic acquisitions of other community banks
- Growth in the small business sector
- Potential to capitalize on fintech partnerships
Threats
- Increased competition from larger banks and fintech companies
- Economic downturn
- Rising interest rates
- Regulatory changes
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- PNC (PNC)
- Bank of America (BAC)
- Fulton Financial (FULT)
- OceanFirst Financial (OCFC)
Competitive Landscape
Unity Bancorp Inc. faces stiff competition from larger national and regional banks with greater resources and brand recognition. Its advantage lies in its community focus and personalized service.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been steady with slow expansion.
Future Projections: Analyst estimates for future growth are not readily available without specific financial subscriptions. Generally expect moderate growth in line with regional economy.
Recent Initiatives: Focus on expanding commercial lending and improving digital banking capabilities. Further initiatives cannot be determined without insider financial information.
Summary
Unity Bancorp Inc. is a stable community bank with a solid local presence. Its focus on personalized service provides a competitive advantage, but it needs to navigate industry headwinds such as rising interest rates and increased competition from larger banks and fintech companies. Continued investment in digital banking and strategic acquisitions could drive future growth. Maintaining asset quality and managing credit risk are crucial for long-term success.
Similar Companies
- FULT
- OCFC
- PBHC
Sources and Disclaimers
Data Sources:
- SEC Filings (10-K, 10-Q)
- Company Website
- Industry Reports
- Analyst Reports (where available)
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It does not constitute financial advice. Market share data is estimated and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Unity Bancorp Inc
Exchange NASDAQ | Headquaters Clinton, NJ, United States | ||
IPO Launch date 1997-01-20 | President, CEO & Director Mr. James A. Hughes | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 220 | Website https://www.unitybank.com |
Full time employees 220 | Website https://www.unitybank.com | ||
Unity Bancorp, Inc. operates as the bank holding company for Unity Bank that provides commercial and retail banking services. It offers personal and business checking, money market, savings, and retirement accounts, as well as time and noninterest and interest-bearing demand deposits. The company also provides commercial, small business administration, consumer, mortgage, and home equity and personal loans; and owner and non-owner-occupied commercial mortgages. In addition, it is involved in the residential construction, commercial, and industrial lending activities secured by business assets, including receivables, inventory, and equipment. Further, the company offers credit and debit cards, wire transfers, safe deposit boxes, automated teller, and internet and mobile banking services; automated clearing house origination and remote deposit capture services; and business services, such as escrow account, merchant, and online services. Unity Bancorp, Inc. was founded in 1991 and is headquartered in Clinton, New Jersey.
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