Compared to Estimates, Unity Bancorp (UNTY) Q1 Earnings: A Look at Key Metrics

Core Insights - Unity Bancorp reported revenue of $29.35 million for the quarter ended March 2025, reflecting a year-over-year increase of 14.8% [1] - Earnings per share (EPS) for the quarter was $1.13, up from $0.93 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $28.57 million by 2.74%, while the EPS also surpassed the consensus estimate of $1.12 by 0.89% [1] Financial Performance Metrics - Efficiency Ratio stood at 42.9%, slightly better than the average estimate of 43.2% from two analysts [4] - Average Earning Assets were reported at $2.48 billion, compared to the average estimate of $2.46 billion [4] - Net interest margin was 4.5%, exceeding the estimated 4.4% [4] - Total Noninterest Income reached $2.10 million, surpassing the average estimate of $1.95 million [4] - Net Interest Income was reported at $27.25 million, above the average estimate of $26.63 million [4] Stock Performance - Unity Bancorp's shares have returned -6.2% over the past month, compared to a -6.1% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]