Unity Bancorp (UNTY) - Net assets

Net assets on the balance sheet as of June 2024 : ₹22.93 B

According to Unity Bancorp's latest financial reports the company has ₹22.93 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Unity Bancorp - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹21.76 B	9.94%
2022-12-31	$₹19.79 B	29.12%
2021-12-31	$₹15.33 B	20.74%
2020-12-31	$₹12.69 B	11%
2019-12-31	$₹11.43 B	18.75%
2018-12-31	$₹9.63 B	27.74%
2017-12-31	$₹7.54 B	4.4%
2016-12-31	$₹7.22 B	38.53%
2015-12-31	$₹5.21 B	17.49%
2014-12-31	$₹4.43 B	25.6%
2013-12-31	$₹3.53 B	-16.76%
2012-12-31	$₹4.24 B	9.08%
2011-12-31	$₹3.89 B	23.85%
2010-12-31	$₹3.14 B	-0.61%
2009-12-31	$₹3.16 B	-6.21%
2008-12-31	$₹3.37 B	80.87%
2007-12-31	$₹1.86 B	-8.98%
2006-12-31	$₹2.04 B	11.16%
2005-12-31	$₹1.84 B	30.56%
2004-12-31	$₹1.41 B	0.53%
2003-12-31	$₹1.40 B	7.95%
2002-12-31	$₹1.29 B	8.47%
2001-12-31	$₹1.19 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Parke Bancorp PKBK	₹24.56 B	7.10%	🇺🇸 USA
Peapack-Gladstone Financial PGC	₹49.35 B	115.19%	🇺🇸 USA
Lakeland Bancorp LBAI	₹98.94 B	331.40%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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