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Compared to Estimates, Unity Bancorp (UNTY) Q2 Earnings: A Look at Key Metrics
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For the quarter ended June 2026, Unity Bancorp (UNTY - Free Report) reported revenue of $33.75 million, down 1.8% over the same period last year. EPS came in at $1.42, compared to $1.20 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $34.8 million, representing a surprise of -3.01%. The company delivered an EPS surprise of -1.39%, with the consensus EPS estimate being $1.44.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Unity Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net interest margin: 4.6% versus the two-analyst average estimate of 4.6%.
Efficiency Ratio: 40.5% versus the two-analyst average estimate of 41.3%.
Total Noninterest Income: $1.92 million compared to the $2.75 million average estimate based on two analysts.
Net Interest Income: $31.83 million compared to the $32.05 million average estimate based on two analysts.
Shares of Unity Bancorp have returned +3.6% over the past month versus the Zacks S&P 500 composite's +1.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Compared to Estimates, Unity Bancorp (UNTY) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2026, Unity Bancorp (UNTY - Free Report) reported revenue of $33.75 million, down 1.8% over the same period last year. EPS came in at $1.42, compared to $1.20 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $34.8 million, representing a surprise of -3.01%. The company delivered an EPS surprise of -1.39%, with the consensus EPS estimate being $1.44.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Unity Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Unity Bancorp here>>>
Shares of Unity Bancorp have returned +3.6% over the past month versus the Zacks S&P 500 composite's +1.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.