Unity Bancorp, Inc.
Unity Bancorp, Inc. (NASDAQ: UNTY) is trading at $54.73, about ₹5,258 at today's USD/INR rate, as of 29 Sep 2026, 1:46 PM ET, down 2.15% today. Indian residents can buy Unity Bancorp from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$54.54
Today's high
$56.23
52 week low
$44.34
52 week high
$62.50
UNTY opened at $56.00, closed previously at $55.93, and has traded between $44.34 and $62.50 over the past 52 weeks.
About
As the parent entity of Unity Bank, Unity Bancorp, Inc. delivers a comprehensive range of commercial and retail banking solutions, catering to individual consumers, small and mid-sized enterprises, and professional organizations. Its product portfolio encompasses various deposit accounts, such as personal and business checking, certificates of deposit (time deposits), money market accounts, and traditional savings accounts, alongside both interest-earning and non-interest-bearing demand deposit options. Furthermore, the bank extends a variety of lending products, including Small Business Administration (SBA) loans, commercial financing, and consumer credit facilities, which feature residential mortgages, home equity lines of credit and loans, residential construction financing, and personal loans. Customers can access these services both online and through its network of nineteen physical branches, strategically situated across Bergen, Hunterdon, Middlesex, Somerset, Union, and Warren counties in New Jersey, and Northampton County in Pennsylvania. Established in 1991, Unity Bancorp, Inc. maintains its corporate headquarters in Clinton, New Jersey.
Key statistics
Avg. volume
62.28K
Market cap
$549.54M
P/E Ratio
9.36
Price-to-sales ratio
2.62
Enterprise value
$568.47M
Free cash flow yield
8.55%
Debt-to-equity ratio
0.88
Return on equity
16.77%
ROIC
9.47%
Beta
0.62
Dividend yield
1.17%
Last dividend
$0.64
Financial overview
Revenue
$188.41M
Earnings per share
$5.78
Free cash flow
$44.34M
Net profit margin
27.99%
Gross margin
63.36%
EBITDA
$78.32M
Revenue growth
15.54%
Similar securities
This is not an investment recommendation
How to buy Unity Bancorp from India
Indian residents can buy Unity Bancorp shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Unity Bancorp and place an order
Find Unity Bancorp by name or by its ticker, UNTY, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Unity Bancorp trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Unity Bancorp position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Unity Bancorp from India
Trading and taxes when buying Unity Bancorp from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Unity Bancorp’s current yield is 1.17%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Unity Bancorp stock?
Yes. Unity Bancorp (UNTY) has been listed on NASDAQ since 1997, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Unity Bancorp share cost in rupees?
One Unity Bancorp share is $54.73 — about ₹5,258 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Unity Bancorp price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Unity Bancorp from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Unity Bancorp?
Yes. One Unity Bancorp share is $54.73, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Unity Bancorp.
How are gains on Unity Bancorp shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Unity Bancorp price. Paasa issues a capital-gains statement for your return.
Does Unity Bancorp pay a dividend, and how is it taxed in India?
Yes. Unity Bancorp pays a dividend and the current yield is 1.17%; the last declared dividend was $0.64 per share, about ₹61.48. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Unity Bancorp from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Unity Bancorp shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Unity Bancorp shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Unity Bancorp holding, its cost and its closing value.
How do I sell Unity Bancorp and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.