Unity Bancorp (UNTY) Delivers 44.3% Net Profit Margin, Reinforcing Community Bullish Narratives

Unity Bancorp (UNTY) posted net profit margins of 44.3%, up from last year’s 39.4%, with earnings growth of 35.9% over the past year and an 11.6% annual average over five years. Investors will note that revenue is forecast to grow 9.8% per year going forward, while earnings are expected to rise 3.25% annually. The stock’s price-to-earnings ratio of 9.2x sits below both peers and the broader US bank industry average. With no material risks flagged and several rewards centering on sustained...