Unity Bancorp (UNTY) Mortgage Banking (2017 - 2021)
Unity Bancorp's Mortgage Banking was $295,000 in Q1 2021, down 6.9% from $317,000 a year earlier but up 3.5% from the prior quarter.
Unity Bancorp (UNTY) Mortgage Banking (2017 - 2021) Analysis & Trends
On a trailing twelve-month basis, Unity Bancorp's Mortgage Banking was $1.02 million through Mar 31, 2021, down 29.4% year-over-year; for FY2020, it came in at $1.05 million, down 30.4% from FY2019.
- Mortgage Banking shows a four-year compound annual growth rate of -4.7% (FY2016 to FY2020).
- In earlier years, Mortgage Banking was $1.5 million in FY2019 (-1.1%), $1.52 million in FY2018 (+9.8%), $1.38 million in FY2017 (+9.1%) and $1.27 million in FY2016.
- Quarterly Mortgage Banking has moved between $207,000 (Q2 2020) and $419,000 (Q2 2018) over five years.
- Compared with a year earlier, Mortgage Banking has declined for six straight quarters, with an average decline of 17.6% over the last eight quarters.
- The best year-over-year quarter for Mortgage Banking over five years was Q4 2018 (growth of 16.1%); the worst was Q2 2020 (a decline of 45.2%).
- Per Business Quant data, UNTY's Mortgage Banking in the three quarters before Q1 2021 was $285,000 (Q4 2020), $237,000 (Q3 2020) and $207,000 (Q2 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - |
| 10 | Unity Bancorp | 544.53 Mn | 544.53 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2021 | 295,000.00 |
| Dec 31, 2020 | 285,000.00 |
| Sep 30, 2020 | 237,000.00 |
| Jun 30, 2020 | 207,000.00 |
| Mar 31, 2020 | 317,000.00 |
| Dec 31, 2019 | 382,000.00 |
| Sep 30, 2019 | 373,000.00 |
| Jun 30, 2019 | 378,000.00 |
| Mar 31, 2019 | 368,000.00 |
| Dec 31, 2018 | 412,000.00 |
| Sep 30, 2018 | 357,000.00 |
| Jun 30, 2018 | 419,000.00 |
| Mar 31, 2018 | 330,000.00 |
| Dec 31, 2017 | 355,000.00 |
| Sep 30, 2017 | 355,000.00 |
Unity Bancorp Mortgage Banking API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=mortgage-banking&ticker=UNTY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "mortgage-banking", "ticker": "UNTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=mortgage-banking&ticker=UNTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();