Unity Bancorp Inc

NASDAQ UNTY

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Unity Bancorp Inc Operating Income Margin 2 year CAGR for the quarter ending March 31, 2024: -96.12%

Unity Bancorp Inc Operating Income Margin 2 year CAGR is -96.12% for the quarter ending March 31, 2024, a -562.26% change year over year. Operating Income Margin indicates the percentage of revenue that represents operating income, showing the profitability of a company's core operations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Unity Bancorp Inc Operating Income Margin for the quarter ending March 31, 2023 was 95.31%, a -99.58% change year over year.
Unity Bancorp Inc Operating Income Margin for the quarter ending March 31, 2022 was 22,631.03%, a 34,546.50% change year over year.
Unity Bancorp Inc Operating Income Margin for the quarter ending March 31, 2021 was 65.32%, a 1.18% change year over year.
Unity Bancorp Inc Operating Income Margin for the quarter ending March 31, 2020 was 64.56%, a -9.83% change year over year.

NASDAQ: UNTY

Unity Bancorp Inc

CEO	Mr. David D. Dallas
IPO Date	Jan. 20, 1997
Location	United States
Headquarters	64 Old Highway 22, Clinton, NJ, United States, 08809
Employees	217
Sector	Financial Services
Industry	Banks - regional

Description

Unity Bancorp, Inc. operates as a bank holding company for Unity Bank that provides range of commercial and retail banking services to individuals, small and medium sized businesses, and professional communities. It offers personal and business checking accounts, time deposits, money market accounts, savings accounts, and retirement accounts, as well as noninterest and interest-bearing demand deposits. The company also provides small business administration loans; commercial loans; and residential mortgage and consumer loans, including residential real estate, home equity lines and loans, and residential construction lines, as well as personal loans. In addition, it offers credit and debit cards, wire transfer, safe deposit box, automated teller, and internet and mobile banking services; and automated clearing house origination and remote deposit capture services. Unity Bancorp, Inc. was incorporated in 1991 and is headquartered in Clinton, New Jersey.

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