Unity Bancorp Inc (UNTY) - Net Assets
Based on the latest financial reports, Unity Bancorp Inc (UNTY) has net assets worth $345.63 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.97 Billion) and total liabilities ($2.62 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check UNTY cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $345.63 Million |
| % of Total Assets | 11.65% |
| Annual Growth Rate | 10.73% |
| 5-Year Change | 68.0% |
| 10-Year Change | 225.17% |
| Growth Volatility | 13.33 |
Unity Bancorp Inc - Net Assets Trend (1996–2025)
This chart illustrates how Unity Bancorp Inc's net assets have evolved over time, based on quarterly financial data. Also explore UNTY asset base for the complete picture of this company's asset base.
Annual Net Assets for Unity Bancorp Inc (1996–2025)
The table below shows the annual net assets of Unity Bancorp Inc from 1996 to 2025. For live valuation and market cap data, see Unity Bancorp Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $345.63 Million | +16.93% |
| 2024-12-31 | $295.58 Million | +13.06% |
| 2023-12-31 | $261.43 Million | +9.28% |
| 2022-12-31 | $239.23 Million | +16.28% |
| 2021-12-31 | $205.73 Million | +18.30% |
| 2020-12-31 | $173.91 Million | +8.21% |
| 2019-12-31 | $160.71 Million | +16.05% |
| 2018-12-31 | $138.49 Million | +17.26% |
| 2017-12-31 | $118.11 Million | +11.11% |
| 2016-12-31 | $106.29 Million | +35.45% |
| 2015-12-31 | $78.47 Million | +11.90% |
| 2014-12-31 | $70.12 Million | +22.65% |
| 2013-12-31 | $57.17 Million | -26.24% |
| 2012-12-31 | $77.51 Million | +5.37% |
| 2011-12-31 | $73.56 Million | +4.96% |
| 2010-12-31 | $70.08 Million | +3.27% |
| 2009-12-31 | $67.86 Million | +0.09% |
| 2008-12-31 | $67.80 Million | +43.47% |
| 2007-12-31 | $47.26 Million | +2.23% |
| 2006-12-31 | $46.23 Million | +12.95% |
| 2005-12-31 | $40.93 Million | +14.11% |
| 2004-12-31 | $35.87 Million | +16.60% |
| 2003-12-31 | $30.76 Million | +13.49% |
| 2002-12-31 | $27.11 Million | +9.14% |
| 2001-12-31 | $24.84 Million | +16.52% |
| 2000-12-31 | $21.31 Million | -2.23% |
| 1999-12-31 | $21.80 Million | -17.11% |
| 1998-12-31 | $26.30 Million | +31.50% |
| 1997-12-31 | $20.00 Million | +11.11% |
| 1996-12-31 | $18.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Unity Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 20227.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $243.94 Million | 70.58% |
| Common Stock | $105.89 Million | 30.64% |
| Other Comprehensive Income | $-1.09 Million | -0.32% |
| Total Equity | $345.63 Million | 100.00% |
Unity Bancorp Inc Competitors by Market Cap
The table below lists competitors of Unity Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Intrepid Potash Inc
NYSE:IPI
|
$532.52 Million |
|
Ehang Holdings Ltd
NASDAQ:EH
|
$532.59 Million |
|
Anhui Liuguo Chemical Co Ltd
SHG:600470
|
$532.76 Million |
|
Societe de la Tour Eiffel SA
PA:EIFF
|
$532.82 Million |
|
CapitaLand Malaysia Mall Trust
KLSE:5180
|
$532.26 Million |
|
Guangdong Tecsun Science & Technology Co Ltd
SHE:002908
|
$532.20 Million |
|
Zhongbai Holdings Group Co Ltd
SHE:000759
|
$532.20 Million |
|
Nanjing Zhongbei Group Co Ltd
SHE:000421
|
$532.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Unity Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 295,583,000 to 345,631,000, a change of 50,048,000 (16.9%).
- Net income of 57,951,000 contributed positively to equity growth.
- Dividend payments of 5,609,000 reduced retained earnings.
- Share repurchases of 5,039,000 reduced equity.
- Other comprehensive income increased equity by 1,012,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $57.95 Million | +16.77% |
| Dividends Paid | $5.61 Million | -1.62% |
| Share Repurchases | $5.04 Million | -1.46% |
| Other Comprehensive Income | $1.01 Million | +0.29% |
| Other Changes | $1.73 Million | +0.5% |
| Total Change | $- | 16.93% |
Book Value vs Market Value Analysis
This analysis compares Unity Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.57x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.73x to 1.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $5.46 | $53.15 | x |
| 1997-12-31 | $4.34 | $53.15 | x |
| 1998-12-31 | $5.31 | $53.15 | x |
| 1999-12-31 | $3.30 | $53.15 | x |
| 2000-12-31 | $3.90 | $53.15 | x |
| 2001-12-31 | $3.73 | $53.15 | x |
| 2002-12-31 | $3.16 | $53.15 | x |
| 2003-12-31 | $3.87 | $53.15 | x |
| 2004-12-31 | $4.18 | $53.15 | x |
| 2005-12-31 | $4.53 | $53.15 | x |
| 2006-12-31 | $5.25 | $53.15 | x |
| 2007-12-31 | $5.71 | $53.15 | x |
| 2008-12-31 | $8.48 | $53.15 | x |
| 2009-12-31 | $8.66 | $53.15 | x |
| 2010-12-31 | $8.56 | $53.15 | x |
| 2011-12-31 | $8.65 | $53.15 | x |
| 2012-12-31 | $9.04 | $53.15 | x |
| 2013-12-31 | $6.65 | $53.15 | x |
| 2014-12-31 | $8.02 | $53.15 | x |
| 2015-12-31 | $8.36 | $53.15 | x |
| 2016-12-31 | $11.10 | $53.15 | x |
| 2017-12-31 | $10.99 | $53.15 | x |
| 2018-12-31 | $12.69 | $53.15 | x |
| 2019-12-31 | $14.57 | $53.15 | x |
| 2020-12-31 | $16.08 | $53.15 | x |
| 2021-12-31 | $19.51 | $53.15 | x |
| 2022-12-31 | $22.35 | $53.15 | x |
| 2023-12-31 | $25.29 | $53.15 | x |
| 2024-12-31 | $28.97 | $53.15 | x |
| 2025-12-31 | $33.81 | $53.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Unity Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.77%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.76%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 8.58x
- Recent ROE (16.77%) is above the historical average (8.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 5.56% | 7.52% | 0.08x | 9.59x | $-800.00K |
| 1997 | 10.00% | 11.11% | 0.08x | 10.69x | $0.00 |
| 1998 | 7.98% | 9.59% | 0.09x | 9.68x | $-530.00K |
| 1999 | -15.60% | -11.60% | 0.07x | 20.14x | $-5.58 Million |
| 2000 | -27.74% | -16.57% | 0.10x | 16.70x | $-8.04 Million |
| 2001 | 8.22% | 6.97% | 0.08x | 15.27x | $-442.60K |
| 2002 | 13.68% | 11.49% | 0.07x | 15.97x | $998.40K |
| 2003 | 14.90% | 13.79% | 0.07x | 15.19x | $1.51 Million |
| 2004 | 14.86% | 15.77% | 0.07x | 14.37x | $1.74 Million |
| 2005 | 15.17% | 14.78% | 0.07x | 15.01x | $2.12 Million |
| 2006 | 12.64% | 11.50% | 0.07x | 15.01x | $1.22 Million |
| 2007 | 10.00% | 8.62% | 0.07x | 15.92x | $-1.00K |
| 2008 | 2.85% | 3.51% | 0.06x | 13.25x | $-4.85 Million |
| 2009 | -1.59% | -2.00% | 0.06x | 13.71x | $-7.87 Million |
| 2010 | 3.20% | 4.56% | 0.06x | 11.68x | $-4.77 Million |
| 2011 | 3.46% | 5.76% | 0.05x | 11.02x | $-4.81 Million |
| 2012 | 5.48% | 10.14% | 0.05x | 10.58x | $-3.51 Million |
| 2013 | 8.95% | 12.61% | 0.04x | 16.11x | $-602.30K |
| 2014 | 9.14% | 14.53% | 0.04x | 14.39x | $-604.30K |
| 2015 | 12.18% | 19.35% | 0.05x | 13.83x | $1.71 Million |
| 2016 | 12.43% | 24.01% | 0.05x | 11.19x | $2.58 Million |
| 2017 | 10.92% | 20.49% | 0.04x | 12.32x | $1.08 Million |
| 2018 | 15.83% | 28.67% | 0.05x | 11.40x | $8.07 Million |
| 2019 | 14.72% | 28.12% | 0.05x | 10.70x | $7.58 Million |
| 2020 | 13.60% | 25.98% | 0.05x | 11.26x | $6.25 Million |
| 2021 | 17.56% | 37.71% | 0.05x | 9.89x | $15.55 Million |
| 2022 | 16.08% | 35.52% | 0.04x | 10.22x | $14.53 Million |
| 2023 | 15.19% | 26.35% | 0.06x | 9.86x | $13.56 Million |
| 2024 | 14.02% | 25.42% | 0.06x | 8.98x | $11.89 Million |
| 2025 | 16.77% | 30.76% | 0.06x | 8.58x | $23.39 Million |
Industry Comparison
This section compares Unity Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $552,557,300
- Average return on equity (ROE) among peers: 11.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Unity Bancorp Inc (UNTY) | $345.63 Million | 5.56% | 7.58x | $532.37 Million |
| Ameris Bancorp (ABCB) | $1.46 Billion | 8.31% | 6.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $129.12 Million | 4.21% | 5.71x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $535.82 Million | 8.62% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $72.29 Million | 17.85% | 12.85x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.02 Billion | 12.80% | 9.17x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $65.10 Million | 11.83% | 10.90x | $62.60 Million |
About Unity Bancorp Inc
Unity Bancorp, Inc. operates as the bank holding company for Unity Bank that provides commercial and retail banking services. It offers personal and business checking, money market, savings, retirement, money market accounts, as well as time and noninterest and interest-bearing demand deposits. The company also provides commercial, small business administration, consumer, mortgage, and home equit… Read more