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Unity Bancorp (Unity Bancorp) Net Margin % : 39.21% (As of Dec. 2023)


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What is Unity Bancorp Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Unity Bancorp's Net Income for the three months ended in Dec. 2023 was $9.8 Mil. Unity Bancorp's Revenue for the three months ended in Dec. 2023 was $24.9 Mil. Therefore, Unity Bancorp's net margin for the quarter that ended in Dec. 2023 was 39.21%.

The historical rank and industry rank for Unity Bancorp's Net Margin % or its related term are showing as below:

UNTY' s Net Margin % Range Over the Past 10 Years
Min: 17.42   Med: 32.86   Max: 41.03
Current: 39.34


UNTY's Net Margin % is ranked better than
82.36% of 1457 companies
in the Banks industry
Industry Median: 25.33 vs UNTY: 39.34

Unity Bancorp Net Margin % Historical Data

The historical data trend for Unity Bancorp's Net Margin % 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.

* Premium members only.

Unity Bancorp Net Margin % Chart

Unity Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.81 30.89 41.03 39.39 39.34

Unity Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.55 40.90 38.03 39.23 39.21

Competitive Comparison of Unity Bancorp's Net Margin %

For the Banks - Regional subindustry, Unity Bancorp's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Unity Bancorp's Net Margin % distribution charts can be found below:

* The bar in red indicates where Unity Bancorp's Net Margin % falls into.



Unity Bancorp Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Unity Bancorp's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=39.707/100.938
=39.34 %

Unity Bancorp's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=9.77/24.919
=39.21 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Unity Bancorp Net Margin % Related Terms

Thank you for viewing the detailed overview of Unity Bancorp's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Unity Bancorp (Unity Bancorp) Business Description

Traded in Other Exchanges
Address
64 Old Highway 22, Clinton, NJ, USA, 08809
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.
Executives
Daniel C Sharabba officer: Senior Retail Officer/SVP C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809
Minsu Kim officer: Chief Credit Officer/SVP C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809
Vincent Geraci officer: Director of Mortgage Lending C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809
Souders Donald E. Jr. director C/O UNITY BANK, 64 OLD HIGHWAY 22, CLINTON NJ 08809
James R Davies officer: Controller/FVP C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809
Dallas Robert H Ii director, 10 percent owner C/O UNITY BANCORP INC, 64 OLD HIGHWAY 22, CLINTON NJ 08809
David D Dallas director, 10 percent owner, other: Chairman of the Board C/O UNITY BANCORP INC, 64 OLD HIGHWAY 22, CLINTON NJ 08809
George Boyan officer: Chief Financial Officer C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809
Wayne Courtright director 9 MICHAEL COURT, MILLSTONE TOWNSHIP NJ 07726
John J Kauchak officer: EVP/COO C/O UNITYBANK CORP, 64 OLD HWY 22, CLINTON NJ 08809
Janice Bolomey officer: EVP/CAO C/O UNITY BANK, 64 OLD HIGHWAY 22, CLINTON NJ 08809
James Joseph Donovan officer: Chief Lending Officer/SVP C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809
Stephen Rooney officer: Chief Lending Officer/1st SVP 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Mark S Brody director
Laureen Cook officer: Chief Accounting Officer C/O UNITY BANK, 64 OLD HIGHWAY 22, CLINTON NJ 08809