Unity Bancorp: Q1 Earnings Insights - Unity Bancorp (NASDAQ:UNTY)

Unity Bancorp UNTY reported its Q1 earnings results on Thursday, April 14, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Unity Bancorp beat estimated earnings by 4.94%, reporting an EPS of $0.85 versus an estimate of $0.81.

Revenue was up $3.81 million from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 2.34% increase in the share price the next day.

Here's a look at Unity Bancorp's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.86	0.81	0.75	0.73
EPS Actual	0.92	0.90	0.80	0.80
Revenue Estimate	22.47M	21.89M	21.18M	21.69M
Revenue Actual	23.47M	22.53M	21.34M	18.34M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.