Return On Equity ratio Analysis of Unity Bancorp Inc - Deep Dive
Latest FY ROE
Period Ending - Dec-23
Good ROE
15.26
Period Ending - Dec-22
Good ROE
16.08
Growth
-5.07 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Good ROE
15.42
Most recent Quarter ROE
Period Ending - Mar-24
Indecisive ROE
3.59
ROE Analysis of Unity Bancorp Inc
ROE Ratio of Unity Bancorp Inc with value of 15.42 means its generates profits efficiently by using its Shareholders Fund. |
ROE Ratio of UNTY has fallen by -5.07 % Compared to previous Financial Year. |
ROE Ratio with value of 17.56 was highest in Year Dec-21 in last Five Years. |
ROE Ratio with value of 13.60 was lowest in Year Dec-20 in last Five Years. |
Latest ROE Ratio with value of 15.26 is lower than Average ROE of 15.44 in last five years. |
Other ROE Related Info of UNTY that may interest you.
Unity Bancorp Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
UNTY | 25.76 | 26.33 | 2.16 % | Banks-Regional |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..![Return On Equity Formula Return On Equity Formula](https://my.stockaio.com/help/template/FinDef/ProfitabilityRatios/ROERatio.jpg)
ROE Related Ratios
ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
No Significant Profitability |
FY - Historical Return On Equity of Unity Bancorp Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROE | 15.26 | 16.08 | 17.56 | 13.60 | 14.72 | 15.83 | 10.92 |
Change | -5.07 % | -8.44 % | 29.14 % | -7.63 % | -7.01 % | 44.98 % | -12.16 % |
FY Chart of Return On Equity of Unity Bancorp Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)