UNTY

Unity Bancorp, Inc.

Halal Rating :
Uncomfortable
See Details
Last Price $45.27 Last updated:
Market Cap $386.01m
7D Change -0.19%
1 Year Change 71.2%

Company Overview

Industries
  • Finance
  • Insurance
  • And Real Estate
  • Banking
  • State Commercial Banks – Fed Reserve System
Exchange Nasdaq
Next Earnings Date

Unity Bancorp, Inc. operates as the holding company for Unity Bank that provides commercial and retail banking products and services to individuals, small and medium sized businesses, and professional communities. The company offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts. It also provides small business administration loans; commercial loans; and residential mortgage and consumer loans.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $27.66m $14.69m $24.86m $14.69m 89.87% 100.00%
June 30, 2024 $25.46m $14.56m $23.42m $14.56m 92.01% 100.00%
March 31, 2024 $25.56m $14.1m $23.84m $14.1m 93.28% 100.00%

Company Impact

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Justification for our Halal Rating

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