Unity Bancorp, Inc. (UNTY)

NASDAQFinancialsBanks - RegionalSnapshot 2026-10-23

$58.14+0.05%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge Unity Bancorp, Inc.’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

Comparable estimates unavailable

+10% or more+5%0%−5%−10% or less

A matching fiscal period and sufficient coverage are required.

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

The calculation requires same-period, same-provider snapshots, positive EPS, at least five analysts and a baseline within three days of the requested lookback.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	37.25M
EPS	—	1.552
Quarter ending 2027-03-31
Revenue	—	37.13M
EPS	—	1.516
Annual ending 2026-12-31
Revenue	—	142.22M
EPS	—	5.952
Annual ending 2027-12-31
Revenue	—	155.47M
EPS	—	6.384

Management figures unavailable.

What the Thesis Depends On

Three published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Quarterly dividend remains at $0.16 per share	The bank pays consistent dividends of $0.16 per share quarterly.	Intact	Dividend cut below $0.16 per share in any quarter	Required source inputs unavailable Cannot calculate Dividend per share from the available matching source inputs. Missing inputs are not treated as zero. Source date unavailableLast status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
EPS growth remains stable near $1.40 per quarter	Unity Bancorp delivers stable earnings with EPS around $1.40 per quarter.	Intact	EPS falls below $1.40 per share in any quarter	Diluted EPS: $1.42 per share FY2026-Q2; GAAP. Published target: >=1.40 USD per share per quarter. The stored target says 2026-Q4; this source reports FY2026-Q2. Fiscal/calendar alignment needs review. Source published Aug 6, 20261.42 USD/share · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 5a867890-fd32-4c07-b09a-6748bdadc5fa. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 4 of last 4 quarters. Diluted EPS ranged from $1.40 in 2026-Q1 to $1.70 in 2026-Q3. Full year 2026 EPS guidance low is $2.82. EPS shows a generally stable to improving trend consistent with management's stated goal of stable EPS growth. Delivery assessment Oct 24, 2026
P/E ratio remains below peer median of 11.98	Its valuation is cheap with a P/E of 9.52, below peers.	Broken	P/E rises above 12 without earnings growth	P/E (TTM): 9.94x As of 2026-10-23; trailing twelve months. The target timing and basis require a separate assessment. Market data as of Oct 23, 20269.9385 ratio · calculatedLast status assessment Oct 24, 2026 Measurement source consolidated · TTM valuation Period ending Oct 23, 2026 Source: mart.stock_valuation_daily. Reference: UNTY:2026-10-23. Source status: canonical calculation. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPSUnavailable

Unavailable → Unavailable · observed estimates

FY2027 revenue: comparable history unavailable.

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	Unavailable	Unavailable	4 / 3
2026-07-25	$6.36	Unavailable	5 / 3
2026-07-26	Unavailable	Unavailable	4 / 3
2026-07-27	$6.36	Unavailable	5 / 3
2026-07-28	$6.36	Unavailable	5 / 3
2026-07-29	Unavailable	Unavailable	4 / 2
2026-07-30	Unavailable	Unavailable	4 / 2
2026-07-31	$6.36	Unavailable	5 / 3
2026-08-01	Unavailable	Unavailable	4 / 2
2026-08-02	$6.36	Unavailable	5 / 3
2026-08-03	Unavailable	Unavailable	4 / 2
2026-08-04	Unavailable	Unavailable	4 / 2
2026-08-05	$6.36	Unavailable	5 / 3
2026-08-06	Unavailable	Unavailable	4 / 2
2026-08-08	Unavailable	Unavailable	4 / 2
2026-08-09	$6.36	Unavailable	5 / 3
2026-08-10	Unavailable	Unavailable	4 / 2
2026-08-12	$6.36	Unavailable	5 / 3
2026-08-13	$6.36	Unavailable	5 / 3
2026-08-14	Unavailable	Unavailable	4 / 2
2026-08-15	Unavailable	Unavailable	4 / 2
2026-08-16	Unavailable	Unavailable	4 / 2
2026-08-17	Unavailable	Unavailable	4 / 2
2026-08-18	Unavailable	Unavailable	4 / 2
2026-08-19	Unavailable	Unavailable	4 / 2
2026-08-20	Unavailable	Unavailable	4 / 2
2026-08-21	Unavailable	Unavailable	4 / 2
2026-08-22	Unavailable	Unavailable	4 / 2
2026-08-23	Unavailable	Unavailable	4 / 2
2026-08-24	Unavailable	Unavailable	4 / 2
2026-08-25	Unavailable	Unavailable	4 / 2
2026-08-26	Unavailable	Unavailable	4 / 2
2026-08-27	Unavailable	Unavailable	4 / 2
2026-08-28	Unavailable	Unavailable	4 / 2
2026-08-29	Unavailable	Unavailable	4 / 2
2026-08-30	Unavailable	Unavailable	4 / 2
2026-08-31	Unavailable	Unavailable	4 / 2
2026-09-01	Unavailable	Unavailable	4 / 2
2026-09-02	Unavailable	Unavailable	4 / 2
2026-09-03	Unavailable	Unavailable	4 / 2
2026-09-04	Unavailable	Unavailable	4 / 2
2026-09-05	Unavailable	Unavailable	4 / 2
2026-09-06	Unavailable	Unavailable	4 / 2
2026-09-07	Unavailable	Unavailable	4 / 2
2026-09-08	Unavailable	Unavailable	4 / 2
2026-09-09	Unavailable	Unavailable	4 / 2
2026-09-10	Unavailable	Unavailable	4 / 2
2026-09-11	Unavailable	Unavailable	4 / 2
2026-09-12	Unavailable	Unavailable	4 / 2
2026-09-13	Unavailable	Unavailable	4 / 2
2026-09-14	Unavailable	Unavailable	4 / 2
2026-09-15	Unavailable	Unavailable	4 / 2
2026-09-16	Unavailable	Unavailable	4 / 2
2026-09-17	Unavailable	Unavailable	4 / 2
2026-09-18	Unavailable	Unavailable	4 / 2
2026-09-19	Unavailable	Unavailable	4 / 2
2026-09-20	Unavailable	Unavailable	4 / 2
2026-09-21	Unavailable	Unavailable	4 / 2
2026-09-22	Unavailable	Unavailable	4 / 2
2026-09-23	Unavailable	Unavailable	4 / 2
2026-09-24	Unavailable	Unavailable	4 / 2
2026-09-25	Unavailable	Unavailable	4 / 2
2026-09-26	Unavailable	Unavailable	4 / 2
2026-09-27	Unavailable	Unavailable	4 / 2
2026-09-28	Unavailable	Unavailable	4 / 2
2026-09-29	Unavailable	Unavailable	4 / 2
2026-09-30	Unavailable	Unavailable	4 / 2
2026-10-01	Unavailable	Unavailable	4 / 2
2026-10-02	Unavailable	Unavailable	4 / 2
2026-10-03	Unavailable	Unavailable	4 / 2
2026-10-04	Unavailable	Unavailable	4 / 2
2026-10-05	Unavailable	Unavailable	4 / 2
2026-10-06	Unavailable	Unavailable	4 / 2
2026-10-07	Unavailable	Unavailable	4 / 2
2026-10-08	Unavailable	Unavailable	4 / 2
2026-10-09	Unavailable	Unavailable	4 / 2
2026-10-10	Unavailable	Unavailable	4 / 2
2026-10-11	Unavailable	Unavailable	4 / 2
2026-10-12	Unavailable	Unavailable	4 / 2
2026-10-13	Unavailable	Unavailable	4 / 2
2026-10-14	Unavailable	Unavailable	4 / 2
2026-10-15	Unavailable	Unavailable	4 / 2
2026-10-16	Unavailable	Unavailable	4 / 3
2026-10-17	Unavailable	Unavailable	4 / 3
2026-10-18	Unavailable	Unavailable	4 / 3
2026-10-19	Unavailable	Unavailable	4 / 3
2026-10-20	Unavailable	Unavailable	4 / 3
2026-10-21	Unavailable	Unavailable	4 / 3
2026-10-22	Unavailable	Unavailable	4 / 3
2026-10-23	Unavailable	Unavailable	4 / 3
2026-10-24	Unavailable	Unavailable	4 / 3

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold
2026-05-01	4	0
2026-06-01	4	0
2026-07-01	5	1
2026-08-01	5	0
2026-09-01	5	0
2026-10-01	5	0

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 5 Buy / Strong Buy · 0 Hold · 0 Sell / Strong Sell

0 upgrades0 downgrades1 maintains

Recent actions · Sep 25–Oct 24 · 1 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Quarterly dividend remains at $0.16 per shareRequired source inputs unavailable
EPS growth remains stable near $1.40 per quarterDiluted EPS: $1.42 per share
P/E ratio remains below peer median of 11.98Published status: Broken

Next proof point

Next earnings date unavailable

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

1.1%Typical daily move · historical

Downside history

-12.3%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

Unity Bancorp, Inc. outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

UNTY is a regional bank with a growth and execution thesis, supported by robust earnings quality and strong recent financial performance. The long-term thesis is intact, but management is rated neutral and the evidence on profitable growth is mixed.

What's priced into Unity Bancorp, Inc.

The valuation evidence points to a premium versus peers, with a durable premium identified as the main driver. The valuation is tagged stretched, while the expectations gap is modest; fragility is low, so the snapshot does not show concentrated signs of a fragile setup.

What the fundamentals likely do

Through 2026-Q3, net income rose from $14.3 million in Q1 to $17.4 million, loans and deposits grew, and nonaccrual assets fell. Dividend payouts also increased, while recent momentum improved and the latest earnings event was positive. Near-term miss risk is quiet, but the small-company profile and recent peer misses remain risks, alongside a sector backdrop rated as a headwind.

What Unity Bancorp, Inc. hinges on

The next guidance update matters: a cut would be a meaningful negative, while continued execution would support the current thesis. The rate backdrop is another swing factor, since the evidence says rate cuts could weigh on financial companies. Continued earnings strength and higher guidance from sector bellwethers would support sector momentum.