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Side-by-side financial comparison of Claros Mortgage Trust, Inc. (CMTG) and UNITY BANCORP INC (UNTY). Click either name above to swap in a different company.
Claros Mortgage Trust, Inc. is the larger business by last-quarter revenue ($46.7M vs $35.3M, roughly 1.3× UNITY BANCORP INC). UNITY BANCORP INC runs the higher net margin — 43.9% vs -468.9%, a 512.8% gap on every dollar of revenue. On growth, UNITY BANCORP INC posted the faster year-over-year revenue change (24.2% vs -22.4%). Over the past eight quarters, UNITY BANCORP INC's revenue compounded faster (17.5% CAGR vs -10.9%).
Claros Mortgage Trust, Inc. is a U.S.-based real estate investment trust that invests in diversified mortgage-related assets, including residential and commercial mortgage loans and mortgage-backed securities. It pursues stable, risk-adjusted long-term returns for shareholders via rigorous asset evaluation and active portfolio management.
Unity Bancorp Inc is a New Jersey-headquartered financial holding company operating Unity Bank. It offers a full range of commercial and retail banking services including business loans, deposit products, mortgage services, and personal banking solutions, primarily serving small and medium-sized enterprises and individual consumers across local communities in New Jersey and eastern Pennsylvania.
CMTG vs UNTY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $46.7M | $35.3M |
| Net Profit | $-219.2M | $15.5M |
| Gross Margin | — | — |
| Operating Margin | — | 55.8% |
| Net Margin | -468.9% | 43.9% |
| Revenue YoY | -22.4% | 24.2% |
| Net Profit YoY | -117.7% | 34.5% |
| EPS (diluted) | $-1.56 | $1.52 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $46.7M | $35.3M | ||
| Q3 25 | $46.1M | $32.8M | ||
| Q2 25 | $51.6M | $34.4M | ||
| Q1 25 | $43.4M | $29.4M | ||
| Q4 24 | $60.2M | $28.4M | ||
| Q3 24 | $64.9M | $27.7M | ||
| Q2 24 | $64.5M | $25.5M | ||
| Q1 24 | $58.8M | $25.6M |
| Q4 25 | $-219.2M | $15.5M | ||
| Q3 25 | $-9.5M | $14.4M | ||
| Q2 25 | $-181.7M | $16.5M | ||
| Q1 25 | $-78.6M | $11.6M | ||
| Q4 24 | $-100.7M | $11.5M | ||
| Q3 24 | $-56.2M | $10.9M | ||
| Q2 24 | $-11.6M | $9.5M | ||
| Q1 24 | $-52.8M | $9.6M |
| Q4 25 | — | 55.8% | ||
| Q3 25 | — | 57.5% | ||
| Q2 25 | — | 62.6% | ||
| Q1 25 | — | 52.6% | ||
| Q4 24 | — | 51.0% | ||
| Q3 24 | — | 52.7% | ||
| Q2 24 | — | 49.3% | ||
| Q1 24 | — | 50.0% |
| Q4 25 | -468.9% | 43.9% | ||
| Q3 25 | -20.7% | 43.8% | ||
| Q2 25 | -351.9% | 48.0% | ||
| Q1 25 | -181.3% | 39.5% | ||
| Q4 24 | -167.2% | 40.5% | ||
| Q3 24 | -86.7% | 39.4% | ||
| Q2 24 | -17.9% | 37.1% | ||
| Q1 24 | -89.7% | 37.5% |
| Q4 25 | $-1.56 | $1.52 | ||
| Q3 25 | $-0.07 | $1.41 | ||
| Q2 25 | $-1.30 | $1.61 | ||
| Q1 25 | $-0.56 | $1.13 | ||
| Q4 24 | $-0.72 | $1.13 | ||
| Q3 24 | $-0.40 | $1.07 | ||
| Q2 24 | $-0.09 | $0.92 | ||
| Q1 24 | $-0.39 | $0.94 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $173.2M | — |
| Total DebtLower is stronger | $3.2B | — |
| Stockholders' EquityBook value | $1.5B | $345.6M |
| Total Assets | $4.7B | $3.0B |
| Debt / EquityLower = less leverage | 2.06× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $173.2M | — | ||
| Q3 25 | $339.5M | — | ||
| Q2 25 | $209.2M | — | ||
| Q1 25 | $127.8M | — | ||
| Q4 24 | $99.1M | — | ||
| Q3 24 | $113.9M | — | ||
| Q2 24 | $148.2M | — | ||
| Q1 24 | $232.5M | — |
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.7B | — | ||
| Q2 25 | $4.0B | — | ||
| Q1 25 | $4.7B | — | ||
| Q4 24 | $4.9B | $230.8M | ||
| Q3 24 | $5.1B | — | ||
| Q2 24 | $5.3B | — | ||
| Q1 24 | $5.5B | — |
| Q4 25 | $1.5B | $345.6M | ||
| Q3 25 | $1.7B | $334.0M | ||
| Q2 25 | $1.8B | $319.8M | ||
| Q1 25 | $1.9B | $306.1M | ||
| Q4 24 | $2.0B | $295.6M | ||
| Q3 24 | $2.1B | $284.3M | ||
| Q2 24 | $2.2B | $273.4M | ||
| Q1 24 | $2.2B | $266.8M |
| Q4 25 | $4.7B | $3.0B | ||
| Q3 25 | $5.4B | $2.9B | ||
| Q2 25 | $5.8B | $2.9B | ||
| Q1 25 | $6.7B | $2.8B | ||
| Q4 24 | $7.0B | $2.7B | ||
| Q3 24 | $7.3B | $2.6B | ||
| Q2 24 | $7.6B | $2.6B | ||
| Q1 24 | $7.8B | $2.6B |
| Q4 25 | 2.06× | — | ||
| Q3 25 | 2.09× | — | ||
| Q2 25 | 2.29× | — | ||
| Q1 25 | 2.42× | — | ||
| Q4 24 | 2.44× | 0.78× | ||
| Q3 24 | 2.44× | — | ||
| Q2 24 | 2.46× | — | ||
| Q1 24 | 2.47× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-30.5M | $44.9M |
| Free Cash FlowOCF − Capex | — | $44.3M |
| FCF MarginFCF / Revenue | — | 125.7% |
| Capex IntensityCapex / Revenue | — | 1.6% |
| Cash ConversionOCF / Net Profit | — | 2.90× |
| TTM Free Cash FlowTrailing 4 quarters | — | $81.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-30.5M | $44.9M | ||
| Q3 25 | $8.8M | $45.5M | ||
| Q2 25 | $-5.8M | $-25.3M | ||
| Q1 25 | $-35.8M | $17.9M | ||
| Q4 24 | $84.5M | $48.0M | ||
| Q3 24 | $39.2M | $17.7M | ||
| Q2 24 | $5.5M | $-8.4M | ||
| Q1 24 | $21.5M | $15.8M |
| Q4 25 | — | $44.3M | ||
| Q3 25 | — | $45.3M | ||
| Q2 25 | — | $-25.5M | ||
| Q1 25 | — | $17.6M | ||
| Q4 24 | — | $47.3M | ||
| Q3 24 | — | $17.5M | ||
| Q2 24 | — | $-8.6M | ||
| Q1 24 | — | $15.7M |
| Q4 25 | — | 125.7% | ||
| Q3 25 | — | 138.1% | ||
| Q2 25 | — | -74.2% | ||
| Q1 25 | — | 59.9% | ||
| Q4 24 | — | 166.5% | ||
| Q3 24 | — | 63.3% | ||
| Q2 24 | — | -33.7% | ||
| Q1 24 | — | 61.4% |
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 0.3% |
| Q4 25 | — | 2.90× | ||
| Q3 25 | — | 3.16× | ||
| Q2 25 | — | -1.54× | ||
| Q1 25 | — | 1.54× | ||
| Q4 24 | — | 4.17× | ||
| Q3 24 | — | 1.62× | ||
| Q2 24 | — | -0.89× | ||
| Q1 24 | — | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMTG
| Real Estate Owned Portfolio | $34.2M | 73% |
| Other | $11.1M | 24% |
| Mixed Use Property Fixed Rents | $1.4M | 3% |
UNTY
Segment breakdown not available.
