Unity Bancorp (UNTY) Revenue & Revenue Breakdown
Unity Bancorp Revenue Highlights
Latest Revenue (Y)
$151.64M
Latest Revenue (Q)
$25.46M
Main Segment (Y)
Service and loan fee income
Unity Bancorp Revenue by Period
Unity Bancorp Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $151.64M | 55.31% |
| 2022-12-31 | $97.64M | 11.79% |
| 2021-12-31 | $87.33M | 16.51% |
| 2020-12-31 | $74.96M | 12.18% |
| 2019-12-31 | $66.82M | 6.18% |
| 2018-12-31 | $62.93M | 17.68% |
| 2017-12-31 | $53.48M | 13.65% |
| 2016-12-31 | $47.05M | 12.78% |
| 2015-12-31 | $41.72M | 13.40% |
| 2014-12-31 | $36.79M | 10.79% |
| 2013-12-31 | $33.21M | -2.58% |
| 2012-12-31 | $34.09M | -1.58% |
| 2011-12-31 | $34.63M | -1.24% |
| 2010-12-31 | $35.07M | 7.64% |
| 2009-12-31 | $32.58M | 3.34% |
| 2008-12-31 | $31.52M | 3.82% |
| 2007-12-31 | $30.37M | -3.24% |
| 2006-12-31 | $31.38M | 3.15% |
| 2005-12-31 | $30.42M | 13.58% |
| 2004-12-31 | $26.79M | 2.20% |
| 2003-12-31 | $26.21M | 10.53% |
| 2002-12-31 | $23.71M | 34.88% |
| 2001-12-31 | $17.58M | -9.19% |
| 2000-12-31 | $19.36M | 16.63% |
| 1999-12-31 | $16.60M | 12.93% |
| 1998-12-31 | $14.70M | 25.64% |
| 1997-12-31 | $11.70M | 37.65% |
| 1996-12-31 | $8.50M | - |
Unity Bancorp generated $151.64M in revenue during NA 2023, up 55.31% compared to the previous quarter, and up 240.96% compared to the same period a year ago.
Unity Bancorp Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $25.46M | 1.12% |
| 2024-03-31 | $25.18M | 1.03% |
| 2023-12-31 | $24.92M | -1.74% |
| 2023-09-30 | $25.36M | -0.57% |
| 2023-06-30 | $25.51M | 1.41% |
| 2023-03-31 | $25.15M | -5.14% |
| 2022-12-31 | $26.51M | 7.37% |
| 2022-09-30 | $24.69M | 0.89% |
| 2022-06-30 | $24.48M | 42098.28% |
| 2022-03-31 | $58.00K | -99.75% |
| 2021-12-31 | $23.20M | 6.43% |
| 2021-09-30 | $21.80M | 4.61% |
| 2021-06-30 | $20.84M | -2.75% |
| 2021-03-31 | $21.43M | 2.94% |
| 2020-12-31 | $20.82M | 10.82% |
| 2020-09-30 | $18.79M | 6.27% |
| 2020-06-30 | $17.68M | 0.94% |
| 2020-03-31 | $17.51M | 2.69% |
| 2019-12-31 | $17.06M | -0.10% |
| 2019-09-30 | $17.07M | 3.07% |
| 2019-06-30 | $16.56M | 2.73% |
| 2019-03-31 | $16.12M | 0.22% |
| 2018-12-31 | $16.09M | -1.45% |
| 2018-09-30 | $16.33M | 6.03% |
| 2018-06-30 | $15.40M | 1.84% |
| 2018-03-31 | $15.12M | 4.06% |
| 2017-12-31 | $14.53M | 6.33% |
| 2017-09-30 | $13.66M | 4.19% |
| 2017-06-30 | $13.12M | 7.76% |
| 2017-03-31 | $12.17M | -2.08% |
| 2016-12-31 | $12.43M | 3.17% |
| 2016-09-30 | $12.05M | 4.06% |
| 2016-06-30 | $11.58M | 5.21% |
| 2016-03-31 | $11.00M | 0.93% |
| 2015-12-31 | $10.90M | 0.05% |
| 2015-09-30 | $10.90M | 6.19% |
| 2015-06-30 | $10.26M | 6.22% |
| 2015-03-31 | $9.66M | 1.19% |
| 2014-12-31 | $9.55M | 0.65% |
| 2014-09-30 | $9.48M | 6.04% |
| 2014-06-30 | $8.95M | 1.50% |
| 2014-03-31 | $8.81M | 6.09% |
| 2013-12-31 | $8.31M | -0.31% |
| 2013-09-30 | $8.33M | 1.23% |
| 2013-06-30 | $8.23M | -1.26% |
| 2013-03-31 | $8.34M | 3.36% |
| 2012-12-31 | $8.07M | -8.35% |
| 2012-09-30 | $8.80M | 1.18% |
| 2012-06-30 | $8.70M | 2.05% |
| 2012-03-31 | $8.52M | 6.83% |
| 2011-12-31 | $7.98M | -11.42% |
| 2011-09-30 | $9.01M | 1.00% |
| 2011-06-30 | $8.92M | 2.15% |
| 2011-03-31 | $8.73M | -7.04% |
| 2010-12-31 | $9.39M | 5.85% |
| 2010-09-30 | $8.87M | 5.21% |
| 2010-06-30 | $8.43M | 0.70% |
| 2010-03-31 | $8.37M | -20.13% |
| 2009-12-31 | $10.48M | 30.72% |
| 2009-09-30 | $8.02M | 34.77% |
| 2009-06-30 | $5.95M | -26.73% |
| 2009-03-31 | $8.12M | 6.45% |
| 2008-12-31 | $7.63M | -0.70% |
| 2008-09-30 | $7.68M | -2.31% |
| 2008-06-30 | $7.87M | -2.77% |
| 2008-03-31 | $8.09M | 9.32% |
| 2007-12-31 | $7.40M | - |
Unity Bancorp generated $25.46M in revenue during Q2 2024, up 1.12% compared to the previous quarter, and up 101.21% compared to the same period a year ago.
Unity Bancorp Revenue Breakdown
Unity Bancorp Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Service and loan fee income | $1.93M | $2.43M | $2.76M |
| Branch fee income | $997.00K | $1.12M | $1.13M |
Unity Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service and loan fee income (65.91%), and Branch fee income (34.09%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Service and loan fee income | $457.00K | $934.00K | $491.00K | $503.00K | $618.00K | $543.00K | $688.00K | $584.00K | $820.00K | - | - |
| Branch fee income | $243.00K | $534.00K | $228.00K | $235.00K | $225.00K | $336.00K | $281.00K | $275.00K | $272.00K | - | - |
| Service And Loan Fee Income | - | - | - | - | - | - | - | - | - | $804.00K | $509.00K |
| Branch Fee Income | - | - | - | - | - | - | - | - | - | $294.00K | $269.00K |
Unity Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Service and loan fee income (65.29%), and Branch fee income (34.71%).
Unity Bancorp Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| STEL | Stellar Bancorp | $590.82M | $152.18M |
| FRBA | First Bank | $173.24M | $55.44M |
| MRBK | Meridian | $168.27M | $47.62M |
| UNTY | Unity Bancorp | $151.64M | $25.46M |
| CHMG | Chemung Financial | $137.52M | $36.97M |
| OBT | Orange County Bancorp | $131.19M | $32.51M |
| MBCN | Middlefield Banc | $90.30M | $27.36M |
| PBHC | Pathfinder Bancorp | $72.74M | $10.40M |
| PBFS | Pioneer Bancorp | $71.03M | $27.35M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| PTRS | Partners Bancorp | $61.20M | $16.39M |
| AFBI | Affinity Bancshares | $45.17M | $12.93M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| WMPN | William Penn Ban | $34.97M | $8.74M |
| VBFC | Village Bank and Trust Financial | $33.24M | $11.26M |
| HVBC | HV Bancorp | $25.74M | $6.58M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
| TCBC | TC Bancshares | $21.92M | $6.04B |
| TCBS | Texas Community Bancshares | $19.33M | $4.42M |
| OFED | Oconee Federal Financial | $16.61M | $3.21M |
UNTY Revenue FAQ
What is Unity Bancorp’s yearly revenue?
Unity Bancorp's yearly revenue for 2023 was $151.64M, representing an increase of 55.31% compared to 2022. The company's yearly revenue for 2022 was $97.64M, representing an increase of 11.79% compared to 2021. UNTY's yearly revenue for 2021 was $87.34M, representing an increase of 16.51% compared to 2020.
What is Unity Bancorp’s quarterly revenue?
Unity Bancorp's quarterly revenue for Q2 2024 was $25.46M, a 1.12% increase from the previous quarter (Q1 2024), and a -0.20% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $25.18M, a 1.03% increase from the previous quarter (Q4 2023), and a 0.09% increase year-over-year (Q1 2023). UNTY's quarterly revenue for Q4 2023 was $24.92M, a -1.74% decrease from the previous quarter (Q3 2023), and a -6.02% decrease year-over-year (Q4 2022).
What is Unity Bancorp’s revenue growth rate?
Unity Bancorp's revenue growth rate for the last 3 years (2021-2023) was 73.63%, and for the last 5 years (2019-2023) was 126.94%.
What are Unity Bancorp’s revenue streams?
Unity Bancorp's revenue streams in c 23 are Service and loan fee income, and Branch fee income. Service and loan fee income generated $1.93M in revenue, accounting 65.91% of the company's total revenue, down -20.76% year-over-year. Branch fee income generated $997K in revenue, accounting 34.09% of the company's total revenue, down -10.74% year-over-year.
What is Unity Bancorp’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Unity Bancorp was Service and loan fee income. This segment made a revenue of $1.93M, representing 65.91% of the company's total revenue.