|Unity Bancorp Inc -- USA Stock|| |
USD 20.7 0.45 2.22%
Independent Vice Chairman of the Board of the Company and the Bank
Mr. Allen Tucker is an Independent Vice Chairman of the Board of Unity Bancorp, Inc., and the Bank. He was a Director of the Company and the Bank since 1995 and is the current Vice Chairman. Mr. Tucker is also the founder and Chairman of Tucker Enterprises. Mr. Tucker has extensive experience as a developerbuilder of real estate and has extensive knowledge of the NJ markets served by the Company. Mr. Tucker is a prominent businessman in NJ and has many contacts to generate new business for the Company.
Age: 87 Chairman Since 2000
The company has return on total asset (ROA)
of 1.09 %
which means that it generated profit of $1.09 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE)
of 13.29 %
meaning that it created $13.29 on every $100 dollars invested by stockholders.
The company currently holds 162.31 M in liabilities with Debt to Equity (D/E) ratio of 12.83 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations.
Unity Bancorp Inc. operates as a bank holding company for Unity Bank that offer a range of business and consumer financial services to retail, corporate, and small business customers. Unity Bancorp Inc (UNTY) is traded on NASDAQ General Markets in USA. It is located in NEW JERSEY, U.S.A and employs 150 people. Unity Bancorp is listed under Banking category by Fama And French industry classification.