Return On Asset ratio Analysis of Unity Bancorp Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Poor ROA
1.55
Period Ending - Dec-22
Poor ROA
1.57
Growth
-1.64 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Poor ROA
1.53
Most recent Quarter ROA
Period Ending - Mar-24
Poor ROA
0.373
ROA Analysis of Unity Bancorp Inc
| ROA Ratio of Unity Bancorp Inc with value of 1.53 means poor return on Assets in trailing twelve months. |
| ROA Ratio of Unity Bancorp Inc with value of 0.373 means poor return on Assets in latest Quarter ending on Mar-24. |
| ROA Ratio of UNTY has fallen by -1.64 % Compared to previous Financial Year. |
| ROA Ratio with value of 1.78 was highest in Year Dec-21 in last Five Years. |
| ROA Ratio with value of 1.21 was lowest in Year Dec-20 in last Five Years. |
| Latest ROA Ratio with value of 1.55 is Greater than Average ROA of 1.50 in last five years. |
Other ROA Related Info of UNTY that may interest you.
Unity Bancorp Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| UNTY | 27.98 | 27.43 | 2.01 % | Banks-Regional |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..
ROA Related Ratios
| ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
| No Significant Profitability | |
FY - Historical Return On Asset of Unity Bancorp Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | 1.55 | 1.57 | 1.78 | 1.21 | 1.38 | 1.39 | 0.886 |
| Change | -1.64 % | -11.44 % | 47.14 % | -12.28 % | -0.864 % | 56.69 % | -20.20 % |
FY Chart of Return On Asset of Unity Bancorp Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)