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, as well as noninterest and interest-bearing demand deposits. It 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. the company offered its services through the Internet and nineteen branch offices located in Bergen, Hunterdon, Middlesex, Somerset, Union, and Warren counties in New Jersey, as well as Northampton County, Pennsylvania. Unity Bancorp, Inc. was incorporated in 1991 and is based in Clinton, New Jersey.
Revenue of Unity Bancorp, Inc. (UNTY)
Revenue in 2023 (TTM): $100.94 M
According to Unity Bancorp, Inc.'s latest financial reports the company's current revenue (TTM) is $100.94 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Unity Bancorp, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $100.94 M | $100.94 M | $1.4 M | $53 M | $39.71 M |
| 2022 | $97.64 M | $97.64 M | $64.82 M | $51.42 M | $38.46 M |
| 2021 | $87.34 M | $87.34 M | $49.74 M | $48.13 M | $36.12 M |
| 2020 | $74.96 M | $74.96 M | $33.03 M | $31.12 M | $23.64 M |
| 2019 | $66.82 M | $66.82 M | $31.93 M | $30.32 M | $23.65 M |
| 2018 | $62.93 M | $62.93 M | $42.76 M | $27.31 M | $21.92 M |
| 2017 | $53.48 M | $53.48 M | $23.67 M | $22.43 M | $12.89 M |
| 2016 | $47.05 M | $47.05 M | $18.94 M | $18.2 M | $11.73 M |
| 2015 | $41.72 M | $41.72 M | $14.9 M | $14.37 M | $9.56 M |
| 2014 | $36.79 M | $36.79 M | $10.94 M | $9.55 M | $6.41 M |
| 2013 | $33.21 M | $33.21 M | $8.95 M | $7.68 M | $5.12 M |
| 2012 | $34.09 M | $34.09 M | $7.83 M | $6.47 M | $4.24 M |
| 2011 | $34.63 M | $34.63 M | $4.36 M | $3.32 M | $2.55 M |
| 2010 | $35.07 M | $35.07 M | $4.11 M | $2.83 M | $2.24 M |
| 2009 | $32.58 M | $32.58 M | $-561,000 | $-1,979,000 | $-1,081,000 |
| 2008 | $31.53 M | $31.53 M | $3.22 M | $2.55 M | $1.93 M |
| 2007 | $30.37 M | $30.37 M | $7.78 M | $6.7 M | $4.73 M |
| 2006 | $31.38 M | $31.38 M | $9.62 M | $8.79 M | $5.85 M |
| 2005 | $30.42 M | $30.42 M | $10.93 M | $9.9 M | $6.21 M |
| 2004 | $26.79 M | $26.79 M | $9.42 M | $8.38 M | $5.33 M |
| 2003 | $26.21 M | $26.21 M | $8.17 M | $7.28 M | $4.58 M |
| 2002 | $23.71 M | $23.71 M | $7.02 M | $5.82 M | $3.71 M |
| 2001 | $17.58 M | $17.58 M | $2.88 M | $1.66 M | $2.04 M |
| 2000 | $19.36 M | $19.36 M | $-3,434,000 | $-5,073,000 | $-5,912,000 |
| 1999 | $16.6 M | $16.6 M | $-4,200,000 | $-5,800,000 | $-3,400,000 |
| 1998 | $14.7 M | $14.7 M | $3.8 M | $3.4 M | $2.1 M |
| 1997 | $11.7 M | $11.7 M | $3.7 M | $3.3 M | $2 M |
| 1996 | $8.5 M | $8.5 M | $2 M | $1.6 M | $1000 K |