Skip to content
Screener

Unity Bancorp UNTY Debt Issuance Proceeds

Debt Issuance Proceeds at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
$35.57B+48.5%
Valley National Bank logo
Valley National BankVLY
$210M
Greene County Bancorp logo
Greene County BancorpGCBC
$417K-26.7%
Midland States Bancorp logo
Midland States BancorpMSBI
$0-100%
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$2.65M-27.4%
Center Bancorp logo
Center BancorpCNOB
$698M+91.2%

Other financials

Income statement

See full
Revenue$33.7M-1.8%
Net income$14.5M-12.2%
EPS (diluted)$1.42-11.8%

Balance sheet

See full
Cash & equivalents$250.3M-14.8%
Total debt$5.0M+4.2%
Total equity$371.8M+16.2%
Total assets$3.2B+9.1%

Cash flow

See full
Operating cash flow-$38.7M-58.7%
CapEx$94.0K-49.7%
Free cash flow-$38.8M-57.9%

Valuation

See full
Market cap$602.76M+27.0%
P/E10.3×+0.9×
P/S4.5×+0.5×

Profitability

See full
Net margin43.3%+1.1pp
FCF margin20%-7.7pp

Returns & leverage

See full
Return on equity17%-0.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Unity Bancorp in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromIssuanceOfLongTermDebt.

The source filing: Unity Bancorp’s 10-Q, filed August 6, 2024.

Filed
Aug 6, 2024
Fiscal quarter
Q2 FY2024
Calendar quarter
Q2 2024
Accession
0000920427-24-000065
(In thousands)For the six months ended June 30, 2024For the six months ended June 30, 2023
FINANCING ACTIVITIES
Net increase in deposits86,69162,000
(Repayments of) proceeds from short-term borrowings(96,000)35,000
Proceeds from long-term borrowings14,3605,000
Proceeds from exercise of stock options769773
Dividends on common stock(2,509)(2,381)
Purchase of treasury stock, including excise tax accrual(5,918)(13,360)
Net cash (used in) provided by financing activities(2,607)87,032

ITEM 1 Consolidated Financial Statements (Unaudited)

FAQ

What is Unity Bancorp's debt issuance proceeds?
Unity Bancorp (UNTY) reported debt issuance proceeds of $10M in Q2 2024.
What does debt issuance proceeds mean?
Cash received from issuing bonds, notes, term loans, and other debt instruments in the capital markets or from bank lending.

Ask your AI about Unity Bancorp's debt issuance proceeds.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude