Pretax income is the income that a company earns before paying income taxes. Unity Bancorp's pretax income for the
three
months ended in Dec. 2023 was $13.0 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $53.0 Mil.
Unity Bancorp's pretax margin was 52.37%.
During the past 13 years, Unity Bancorp's highest Pretax Margin was 54.67%. The lowest was 25.97%. And the median was 43.82%.
Unity Bancorp Pre-Tax Income Historical Data
The historical data trend for Unity Bancorp's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Unity Bancorp's Pre-Tax Income
For the Banks - Regional subindustry, Unity Bancorp's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Unity Bancorp's Pre-Tax Income Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Unity Bancorp's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Unity Bancorp's Pre-Tax Income falls into.
Unity Bancorp Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
Unity Bancorp's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $53.0 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Unity Bancorp (NAS:UNTY) Pre-Tax Income Explanation
Unity Bancorp's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, Unity Bancorp's highest Pretax Margin was 54.67%. The lowest was 25.97%. And the median was 43.82%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Unity Bancorp Pre-Tax Income Related Terms
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Unity Bancorp (Unity Bancorp) Business Description
Unity Bancorp Inc is a bank holding company that serves as a holding company for Unity Bank. It conducts a traditional and community-oriented commercial banking business and offers services, including personal and business checking accounts, time deposits, money market accounts and regular savings accounts. The company structures its specific services and charges in a manner designed to attract the business of the small and medium sized business and professional community, as well as that of individuals residing, working and shopping in its service area. The company engages in a wide range of lending activities and offers commercial, Small Business Administration, consumer, mortgage, home equity and personal loans.
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