UNTY UNITY BANCORP INC /NJ/

Overview and Growth

In fiscal 2025, UNITY BANCORP INC /NJ/ reported net income of $57.95M. On a per-share basis, diluted EPS was $5.67, which connects the reported earnings outcome with the company’s diluted share count. Against diluted EPS of $4.06 in fiscal 2024, the current result was 39.7% higher. The diluted weighted-average share count was 10.22M, linking total earnings with the per-share result received by shareholders. Diluted shares moved 0.2% from 10.20M in fiscal 2024, leaving the current share base higher year over year. At period end, total assets were $2.97B, framing the scale of the bank’s balance-sheet commitments and providing the base for evaluating earnings returns, capitalization, liquidity, and its shareholder-capital buffer.

Profitability

The bank reported net income of $57.95M after all recognized revenue, expense, and tax items. Before income taxes, the company reported $75.51M of earnings, providing a bridge between the operating result and final net income. The reported income-tax provision was $17.56M, the amount recognized between pretax income and the final net-income result. The effective relationship between income tax and positive pretax income was 23.3%, without assuming a statutory-rate comparison. Return on period-end equity was 16.8%, relating annual net income to the equity capital on the balance sheet. Return on period-end assets was 2.0%, connecting net income with the company’s total asset base. The company moved from fiscal 2024 net income of $41.45M to $57.95M, with the current outcome ending above that comparison. For a banking business, profitability is best read through net income together with returns on the asset base and shareholder capital. Considering returns on both assets and equity distinguishes the profitability of the bank’s financial balance sheet from the result earned on shareholder capital and shows how the two perspectives differ.

Liquidity and Capital Structure

At period end, the $2.97B asset base was financed through $2.62B of liabilities and $345.63M of equity. Cash and equivalents totaled $216.52M, identifying the most liquid reported component available within the broader current-asset balance. The equity-to-assets relationship was 11.7%, placing book capital against the total resource base. Liabilities represented 88.3% of total assets, quantifying the liability-funded share of the company’s resource base. The cash-to-assets relationship was 7.3%, comparing reported cash and equivalents with the full positive asset balance. Total assets were 11.8% higher than fiscal 2024 assets of $2.65B, measuring the company’s own balance-sheet change. Against $295.58M of equity in fiscal 2024, the current book-equity balance moved 16.9% and ended higher. The reported cash balance changed 20.0% from $180.44M in fiscal 2024, ending higher year over year. For a bank, the equity-to-assets relationship shows the shareholder-capital buffer supporting a balance sheet funded primarily through liabilities. For a bank, asset growth describes the changing scale of the financial balance sheet, and equity growth shows whether the shareholder-capital layer moved in the same direction.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.