Unity Bancorp (NASDAQ:UNTY) Hits New 1-Year High – Should You Buy?

Posted by Geri Gentry on Jun 15th, 2026

Unity Bancorp, Inc. (NASDAQ:UNTY – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $57.82 and last traded at $56.5020, with a volume of 5169 shares. The stock had previously closed at $56.63.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on UNTY. Weiss Ratings raised Unity Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. DA Davidson began coverage on Unity Bancorp in a research note on Friday, May 15th. They issued a “buy” rating and a $68.00 price objective on the stock. Finally, Brean Capital began coverage on Unity Bancorp in a research note on Wednesday, April 22nd. They issued a “buy” rating and a $61.00 price objective on the stock. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $64.75.

Check Out Our Latest Research Report on UNTY

Unity Bancorp Stock Performance

The company has a market capitalization of $562.25 million, a price-to-earnings ratio of 9.43 and a beta of 0.61. The stock has a 50 day moving average of $54.12 and a 200 day moving average of $53.26. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.72.

Unity Bancorp (NASDAQ:UNTY – Get Free Report) last issued its earnings results on Tuesday, April 14th. The financial services provider reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.03. The business had revenue of $33.61 million during the quarter, compared to the consensus estimate of $33.59 million. Unity Bancorp had a return on equity of 16.06% and a net margin of 31.33%. As a group, analysts predict that Unity Bancorp, Inc. will post 5.84 EPS for the current year.

Unity Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, June 4th. Unity Bancorp’s payout ratio is presently 10.77%.

Insider Buying and Selling

In other Unity Bancorp news, Director Mark S. Brody sold 1,600 shares of Unity Bancorp stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $55.23, for a total value of $88,368.00. Following the completion of the sale, the director directly owned 113,854 shares in the company, valued at approximately $6,288,156.42. The trade was a 1.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mary E. Gross sold 2,075 shares of Unity Bancorp stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $56.01, for a total value of $116,220.75. Following the completion of the sale, the director owned 18,479 shares of the company’s stock, valued at approximately $1,035,008.79. The trade was a 10.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 28.87% of the company’s stock.

Institutional Investors Weigh In On Unity Bancorp

Hedge funds have recently added to or reduced their stakes in the business. CWM LLC grew its stake in Unity Bancorp by 38.0% in the fourth quarter. CWM LLC now owns 857 shares of the financial services provider’s stock valued at $44,000 after acquiring an additional 236 shares during the period. Gator Capital Management LLC increased its holdings in shares of Unity Bancorp by 0.8% during the third quarter. Gator Capital Management LLC now owns 33,536 shares of the financial services provider’s stock valued at $1,639,000 after acquiring an additional 280 shares in the last quarter. Hsbc Holdings PLC increased its holdings in shares of Unity Bancorp by 5.1% during the second quarter. Hsbc Holdings PLC now owns 6,056 shares of the financial services provider’s stock valued at $287,000 after acquiring an additional 295 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Unity Bancorp by 14.8% during the second quarter. BNP Paribas Financial Markets now owns 2,883 shares of the financial services provider’s stock valued at $136,000 after acquiring an additional 372 shares in the last quarter. Finally, Rhumbline Advisers increased its holdings in shares of Unity Bancorp by 3.7% during the second quarter. Rhumbline Advisers now owns 10,805 shares of the financial services provider’s stock valued at $509,000 after acquiring an additional 385 shares in the last quarter. 42.31% of the stock is currently owned by institutional investors.

Unity Bancorp Company Profile

(Get Free Report)

Unity Bancorp, Inc is a bank holding company headquartered in Morrisville, Pennsylvania, trading on the NASDAQ under the ticker UNTY. Through its primary subsidiary, Unity Bank, the company delivers a comprehensive suite of commercial and retail banking services to individuals, businesses and municipal clients in its regional markets.

Founded in 1906, Unity Bank maintains a network of conveniently located branches across Bucks County and adjacent areas of southeastern Pennsylvania. The company’s deposit portfolio includes checking and savings accounts, money market accounts and certificates of deposit, while its loan offerings encompass commercial real estate, construction and land development, agricultural and consumer lending solutions.

Beyond traditional deposit and lending activities, Unity Bancorp provides cash management and merchant services, as well as internet and mobile banking platforms designed to streamline day-to-day financial operations.