Unity Tax Provision from 2010 to 2024

UNTY Stock  USD 47.50  0.69  1.47%   
Unity Bancorp Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision will likely drop to about 9.8 M in 2024. Tax Provision is the amount set aside by Unity Bancorp to cover any estimated taxes for the current period. It reflects Unity Bancorp's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
3.1 M
Current Value
3.7 M
Quarterly Volatility
772.3 K
 
Covid
Check Unity Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unity Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 50.9 M or Selling General Administrative of 33.2 M, as well as many indicators such as Price To Sales Ratio of 1.85, Dividend Yield of 0.0124 or PTB Ratio of 1.4. Unity financial statements analysis is a perfect complement when working with Unity Bancorp Valuation or Volatility modules.
  
Check out the analysis of Unity Bancorp Correlation against competitors.
For more information on how to buy Unity Stock please use our How to Invest in Unity Bancorp guide.

Latest Unity Bancorp's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Unity Bancorp over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Unity Bancorp's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Unity Bancorp's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Unity Tax Provision Regression Statistics

Arithmetic Mean7,573,590
Geometric Mean7,003,955
Coefficient Of Variation42.68
Mean Deviation2,678,386
Median6,662,000
Standard Deviation3,232,184
Sample Variance10.4T
Range8.9M
R-Value0.83
Mean Square Error3.6T
R-Squared0.68
Significance0.0001
Slope597,303
Total Sum of Squares146.3T

Unity Tax Provision History

20249.8 M
202313.7 M
202213 M
202112 M
20207.5 M
20196.7 M
20185.4 M

About Unity Bancorp Financial Statements

Unity Bancorp investors use historical fundamental indicators, such as Unity Bancorp's Tax Provision, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Unity Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision13.7 M9.8 M

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Additional Tools for Unity Stock Analysis

When running Unity Bancorp's price analysis, check to measure Unity Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Unity Bancorp is operating at the current time. Most of Unity Bancorp's value examination focuses on studying past and present price action to predict the probability of Unity Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unity Bancorp's price. Additionally, you may evaluate how the addition of Unity Bancorp to your portfolios can decrease your overall portfolio volatility.