Unity Bancorp (UNTY) - Net assets

Net assets on the balance sheet as of June 2024 : HK$2.12 Billion

According to Unity Bancorp's latest financial reports the company has HK$2.12 Billion 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	$HK$2.04 B	9.24%
2022-12-31	$HK$1.86 B	16.52%
2021-12-31	$HK$1.60 B	18.99%
2020-12-31	$HK$1.34 B	7.72%
2019-12-31	$HK$1.25 B	15.41%
2018-12-31	$HK$1.08 B	17.53%
2017-12-31	$HK$0.92 B	11.95%
2016-12-31	$HK$0.82 B	35.52%
2015-12-31	$HK$0.60 B	11.82%
2014-12-31	$HK$0.54 B	22.68%
2013-12-31	$HK$0.44 B	-26.21%
2012-12-31	$HK$0.60 B	5.16%
2011-12-31	$HK$0.57 B	4.75%
2010-12-31	$HK$0.54 B	3.65%
2009-12-31	$HK$0.52 B	0.43%
2008-12-31	$HK$0.52 B	42.19%
2007-12-31	$HK$0.36 B	2.49%
2006-12-31	$HK$0.35 B	13.3%
2005-12-31	$HK$0.31 B	13.85%
2004-12-31	$HK$0.27 B	16.9%
2003-12-31	$HK$0.23 B	12.8%
2002-12-31	$HK$0.21 B	9.15%
2001-12-31	$HK$0.19 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Parke Bancorp PKBK	HK$2.27 B	7.10%	🇺🇸 USA
Peapack-Gladstone Financial PGC	HK$4.57 B	115.19%	🇺🇸 USA
Lakeland Bancorp LBAI	HK$9.17 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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