Press Release: Unity Bancorp Announces Second Quarter Dividend
Unity Bancorp's Board of Directors has declared a cash dividend of $0.12 per share on its common stock, payable on June 28, 2024, to shareholders of record as of June 14, 2024. This marks the company's 117th consecutive quarterly dividend. The bank also reported strong financial performance for the first quarter of 2024, including a net income of $8.3 million and a return on average assets of 1.14%.
Unity Bancorp Keeps Quarterly Dividend at $0.16 per Share, Payable June 18 to Holders of Record June 4
Unity Bancorp (UNTY) has announced that it will maintain its quarterly dividend at $0.16 per share. The dividend is scheduled to be paid on June 18, 2026, to shareholders who are on record as of June 4, 2026. This announcement indicates consistent returns for investors of the bank holding company.
Unity Bancorp declares $0.16 quarterly dividend
Unity Bancorp's Board of Directors has declared a quarterly cash dividend of $0.16 per common share, payable on June 18, 2026, to shareholders of record as of June 4, 2026. The company, headquartered in Clinton, New Jersey, manages approximately $3.0 billion in assets and $2.4 billion in deposits across its branch network. This announcement follows a strong first quarter where Unity Bancorp surpassed analyst earnings expectations and received a "buy" rating from DA Davidson due to its robust financial performance and growth capabilities.
New Jersey bank Unity Bancorp to pay $0.16 per share on June 18
Unity Bancorp (NASDAQ: UNTY) has declared a cash dividend of $0.16 per common share for the second quarter, payable on June 18, 2026, to shareholders of record as of June 4, 2026. The New Jersey-based financial services company boasts approximately $3.0 billion in assets and $2.4 billion in deposits. This dividend announcement highlights the bank's continued commitment to returning value to its shareholders.
Unity Bancorp (NASDAQ: UNTY) sets $0.16 Q2 cash dividend payout
Unity Bancorp (NASDAQ: UNTY) has declared a cash dividend of $0.16 per common share for the second quarter. The dividend is set to be paid on June 18, 2026, to shareholders on record as of June 4, 2026. The company, headquartered in Clinton, New Jersey, operates with approximately $3.0 billion in assets and $2.4 billion in deposits.
Unity Bancorp (UNTY) officer has restricted shares withheld for taxes
Unity Bancorp's Chief Lending Officer, James Joseph Donovan, had 69 restricted shares withheld at $52.43 per share to cover tax liabilities upon the vesting of 250 restricted shares. This transaction is categorized as a non-market, tax-withholding disposition, not a sale. After this event, Donovan maintains a significant equity stake in the company, holding 4,950 restricted shares with upcoming vesting dates and 181 common stock shares.
DA Davidson initiates coverage of Unity Bancorp (UNTY) with buy recommendation
DA Davidson has initiated coverage of Unity Bancorp (UNTY) with a "buy" recommendation. This analyst action suggests a positive outlook on the company's stock by the financial firm.
Demand deposits to total deposits of Unity Bancorp, Inc. – NASDAQ:UNTY
The article focuses on the demand deposits to total deposits ratio for Unity Bancorp, Inc. (NASDAQ: UNTY). It appears to be a financial data point presented on the TradingView platform, although the specific value and change over time are not included in the provided text. The content primarily lists navigation elements and copyright information from the TradingView website.
Demand deposits to total deposits of Unity Bancorp, Inc. – LS:923147
This article provides financial data for Unity Bancorp, Inc. (LS:923147), specifically focusing on its demand deposits to total deposits ratio. It appears to be a data-centric page from TradingView, offering an overview of the company's financials for investors and analysts. The page includes various market data and reference data provided by ICE Data Services and FactSet.
Savings deposits to total deposits of Unity Bancorp, Inc. – NASDAQ:UNTY
This article provides financial information for Unity Bancorp, Inc. (NASDAQ: UNTY) regarding its savings deposits as a percentage of total deposits. The data is presented within the TradingView platform, which also offers various market analysis tools and educational resources.
Savings deposits to total deposits of Unity Bancorp, Inc. – LS:923147
This article provides financial data on Unity Bancorp, Inc., specifically focusing on the ratio of savings deposits to total deposits. It lists the period, value, and change for this financial metric. The data is provided by ICE Data Services and FactSet, with SEC filings by Quartr.
DA Davidson initiates Unity Bancorp stock with buy rating on growth outlook
DA Davidson has initiated coverage on Unity Bancorp Inc. (NASDAQ: UNTY) with a "buy" rating and a price target of $68.00, citing the company's strong organic growth capabilities, profitability, and efficiency. The firm highlighted Unity Bancorp's return on equity of 18%, attractive valuation metrics (P/E of 8.82 and PEG of 0.22), and a net interest margin that surpasses peers. This initiation follows Unity Bancorp's recent first-quarter earnings that exceeded analyst expectations, with adjusted EPS of $1.40 and revenue of $33.61 million.
Loan losses (actual) of Unity Bancorp, Inc. – NASDAQ:UNTY
This article provides financial data specifically on the actual loan losses for Unity Bancorp, Inc. (NASDAQ: UNTY). It appears to be a stub or a data-focused page from TradingView, indicating where this financial metric can be found within their platform. The content is primarily structural, listing navigation elements and company information related to TradingView and data providers.
DA Davidson initiates coverage of Unity Bancorp (UNTY) with buy recommendation
DA Davidson has initiated coverage of Unity Bancorp (UNTY) with a buy recommendation. The investment bank views UNTY as an attractive investment opportunity within the community banking sector. This new coverage suggests a positive outlook from DA Davidson on Unity Bancorp's financial prospects.
Net loan losses of Unity Bancorp, Inc. – LS:923147
The article focuses on the net loan losses of Unity Bancorp, Inc. under the ticker LS:923147, as presented on TradingView. It provides a brief overview of financial data for the company. The content appears to be a stub or data placeholder rather than a detailed analytical article.
This Unity Bancorp Analyst Begins Coverage On A Bullish Note; Here Are Top 4 Initiations For Friday
DA Davidson analyst Jake Civiello initiated coverage on four companies, including Unity Bancorp, Eastern Bankshares, CNB Financial Corporation, and Orrstown Financial Services. Unity Bancorp and Eastern Bankshares received "Buy" ratings with price targets of $68 and $24 respectively, while CNB Financial and Orrstown Financial received "Neutral" ratings. This report details the specific ratings and price targets for these companies.
This Unity Bancorp Analyst Begins Coverage On A Bullish Note; Here Are Top 4 Initiations For Friday
DA Davidson analyst Jake Civiello initiated coverage on four financial stocks: Unity Bancorp, Eastern Bankshares, CNB Financial Corporation, and Orrstown Financial Services. Civiello assigned a Buy rating to Eastern Bankshares with a $24 price target and a Buy rating to Unity Bancorp with a $68 price target. CNB Financial and Orrstown Financial Services both received Neutral ratings with price targets of $34 and $41, respectively.
Unity Bancorp : UNTY
The article provides a brief overview of Unity Bancorp (UNTY), a bank holding company based in Clinton, New Jersey. It details the company's stock data, including its current price and sector, and outlines the range of banking services it offers to individuals and businesses. The content also mentions a recent article by Lee Jackson related to top Wall Street analyst research calls.
Unity Bancorp (NASDAQ:UNTY) Coverage Initiated at DA Davidson
DA Davidson has initiated coverage on Unity Bancorp (NASDAQ:UNTY) with a "buy" rating and a $68 price target, suggesting a 29% upside. This follows the company's recent earnings report where EPS and revenue slightly beat analyst expectations. The stock currently holds a consensus "Buy" rating from five analysts with an average target price of $64.75.
Unity Bancorp Inc stock (US91336L1070): shares react to first?quarter 2026 earnings
Unity Bancorp Inc has released its financial results for the first quarter of 2026, showing modest growth in net interest income to approximately $26 million and total loans reaching roughly $2.6 billion. The New Jersey-based community bank maintained stable credit quality with nonperforming loans at 0.7% and capital ratios above regulatory minimums. The company's performance reflects its focus on community banking, disciplined underwriting, and managing a competitive financial landscape.
Unity Bank Partners With Morris County Clerk’s Office To Support Veterans
Unity Bank recently collaborated with the Morris County Clerk’s Office to offer free on-site Veteran Identification Cards to local veterans at its Lake Hiawatha branch. This initiative helps veterans easily obtain official identification, connecting them with vital services and discounts. Dhaval Bhatt, Area Manager at Unity Bank, expressed the bank's pride in supporting veterans and reinforcing community partnerships.
Unity Bancorp : Quarterly Report for Quarter Ending March 31, 2026 (Form 10-Q)
Unity Bancorp, Inc. reported net income of $14.3 million, or $1.40 diluted earnings per share, for the three months ended March 31, 2026, an increase from $11.6 million, or $1.13 per diluted share, in the same period of 2025. The company saw a 12.8% increase in net interest income and a rise in net interest margin to 4.53%. Total assets grew by 2.0% to $3.0 billion, driven by increases in loans and cash, with the bank maintaining its "well capitalized" regulatory status.
Unity Bank Welcomes Sanjay T. Patel as Director of SBA Lending
Unity Bank has appointed Sanjay T. Patel as its new Director of SBA Lending. Patel brings over 25 years of experience in commercial and small business banking, having previously served at Unity Bank for 15 years where he significantly expanded its SBA platform. His expertise is expected to enhance the bank's SBA lending operations and support for small businesses.
Unity Bank Welcomes Sanjay T. Patel as Director of SBA Lending
Sanjay T. Patel has joined Unity Bank as Director of SBA Lending, bringing over 25 years of experience in commercial and small business banking, with a focus on SBA lending. Patel previously spent 15 years at Unity Bank, where he significantly expanded the bank's SBA platform. CEO James Hughes highlights Patel's expertise and relationship-building skills as valuable assets to the bank's customers and SBA team.
Unity Bancorp (NASDAQ:UNTY) Shares Pass Above 200-Day Moving Average - Here's What Happened
Unity Bancorp (NASDAQ:UNTY) recently saw its shares trade above its 200-day moving average, reaching $53.65. This comes amid positive analyst sentiment, with a consensus "Buy" rating and an average price target of $63.67. The company also reported strong Q1 earnings, beating estimates, and increased its quarterly dividend to $0.16 per share.
Unity Bancorp (UNTY) surpasses Q1 earnings and revenue estimates
Unity Bancorp (UNTY) reported strong first-quarter results, exceeding both earnings and revenue estimates. The financial institution achieved earnings per share of $1.15, surpassing the Zacks Consensus Estimate, and posted revenues of $25.22 million, also beating expectations. This performance reflects a positive start to the year for Unity Bancorp.
Unity Bancorp Shareholders Reelect Directors, Ratify 2026 Auditor
Unity Bancorp shareholders reelected five directors, including George Boyan, Wayne Courtright, David D. Dallas, Robert H. Dallas, and Peter E. Maricondo, at their April 23, 2026 Annual Meeting. They also ratified the appointment of Wolf & Company P.C. as the independent external auditor for the 2026 fiscal year. TipRanks' AI Analyst "Spark" rates UNTY as "Outperform" due to its strong financial performance, attractive valuation, and favorable corporate updates.
Unity Bancorp Shareholders Reelect Directors, Ratify 2026 Auditor
Unity Bancorp shareholders have re-elected five incumbent directors and ratified Wolf & Company P.C. as their independent external auditor for the 2026 fiscal year during their annual meeting on April 23, 2026. The company, which operates as a community-focused financial institution, also received an "Outperform" rating from TipRanks’ AI Analyst, Spark, citing strong profitability and attractive valuation, despite anticipated declines in 2025 revenue and free cash flow. A recent analyst rating maintains a Buy with a $61.00 price target for UNTY stock.
Unity Bancorp Shareholders Reelect Directors, Ratify 2026 Auditor
Unity Bancorp's shareholders re-elected all nominated directors and ratified Wolf & Company P.C. as the independent auditor for the 2026 fiscal year during their annual meeting on April 23, 2026. This move ensures governance continuity and stability for the community-oriented financial institution. According to TipRanks' AI Analyst, Spark, the company (UNTY) is rated "Outperform" due to its strong financial performance, profitability, improved leverage, and attractive valuation.
[8-K] UNITY BANCORP INC /NJ/ Reports Material Event
Unity Bancorp, Inc. (NASDAQ: UNTY) announced the results of its Annual Meeting of Shareholders held on April 23, 2026. Shareholders elected directors and ratified Wolf & Company P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2026. A total of 7,969,020 shares were present or represented by proxy at the meeting.
Have Insiders Sold Unity Bancorp Shares Recently?
An Independent Director at Unity Bancorp recently sold US$116k worth of stock at US$56.01 per share, accounting for 8.5% of their holding. While this was the largest insider sale in the past year, it occurred at a price close to the current market value, suggesting it might not be a major concern for investors. The article notes that insiders haven't purchased any shares in the last year, and insider ownership is stated as 9.7%.
Have Insiders Sold Unity Bancorp Shares Recently?
Unity Bancorp (NASDAQ:UNTY) recently saw an insider sale, with Independent Director Mary Gross selling US$116k worth of stock. This transaction, while significant, only represented 8.5% of her total holding and occurred at a price close to the current market value, lessening immediate concern. Despite no insider buying over the last year, the company's insiders still own 9.7% of the stock, suggesting a reasonable alignment of interests with shareholders.
[8-K] UNITY BANCORP INC /NJ/ Reports Material Event
UNITY BANCORP INC /NJ/ filed an 8-K report detailing a material event, specifically a Regulation FD Disclosure and Financial Statements and Exhibits. The filing includes a presentation by President and CEO James A. Hughes for the Company’s Annual Meeting of Shareholders taking place on April 23, 2026. The presentation highlights the company's financial performance for 2025 versus 2024, first-quarter 2026 results, loan and deposit growth, asset quality, income statements, and strategic vision.
Brean Capital Initiates Coverage on Unity Bancorp (NASDAQ:UNTY)
Brean Capital has initiated coverage on Unity Bancorp (NASDAQ:UNTY) with a "Buy" rating and a $61 price target, indicating a potential upside of 15.5%. Other firms like Piper Sandler and Keefe, Bruyette & Woods have also raised their price targets, contributing to a consensus "Buy" rating with an average target of $63.67. Despite recent insider selling, institutional investors have increased their holdings, and insiders still retain a significant ownership stake in the company.
Unity Bancorp director Mary Gross sells $116,220 in company stock By Investing.com
Unity Bancorp director Mary E. Gross sold 2,075 shares of company stock for $116,220 on April 17, 2026. This transaction occurred near the stock's 52-week high, with the company demonstrating a strong 35% return over the past year. Unity Bancorp has also raised its dividend for 13 consecutive years and recently reported first-quarter earnings that surpassed analyst expectations.
Unity Bancorp (NASDAQ:UNTY) Director Mary Gross Sells 2,075 Shares
Unity Bancorp (NASDAQ:UNTY) Director Mary Gross sold 2,075 shares of the company's stock on April 17th at an average price of $56.01, totaling $116,220.75. This transaction reduced her stake by approximately 10.1% to 18,479 shares. The company recently increased its quarterly dividend to $0.16.
Director trims Unity Bancorp (UNTY) stake, keeps 18,479 shares
Unity Bancorp director Mary E. Gross sold 2,075 shares of common stock at $56.0101 per share on April 17, 2026. Following this open-market sale, she retains direct ownership of 18,479 common shares and 4,000 restricted shares with future vesting dates. This transaction represents a partial reduction of her existing position rather than a full exit from the company.
Unity Bank Welcomes Sanjay T. Patel as Director of SBA Lending
Unity Bank announced that Sanjay T. Patel has joined as its Director of SBA Lending, bringing over 25 years of experience in commercial and small business banking, with a focus on SBA lending. Patel previously spent 15 years at Unity Bank, where he significantly expanded the bank's SBA platform. In his new role, he will leverage his expertise to support small businesses and grow the bank's SBA loan production.
UNTY (NASDAQ: UNTY) affiliate notifies sale of 2,075 restricted shares via Morgan Stanley
An affiliate of UNTY (Unity Bancorp Inc.) has filed Form 144, announcing the proposed sale of 2,075 restricted common stock shares. These shares, originating from four separate lots dated January 2026, will be sold through Morgan Stanley Smith Barney LLC on NASDAQ. This filing provides transparency regarding the potential entry of these shares into the market.
Unity Bank Welcomes Sanjay T. Patel as Director of SBA Lending
Unity Bank has announced the appointment of Sanjay T. Patel as its new Director of SBA Lending. This strategic hire aims to enhance the bank's Small Business Administration loan programs, leveraging Patel's extensive experience in the financial sector. The move is expected to bolster Unity Bank's support for small businesses and expand its lending capabilities.
Unity Bancorp (NASDAQ:UNTY) Stock Price Down 4.9% - Here's What Happened
Unity Bancorp (NASDAQ:UNTY) stock dropped 4.9% on Wednesday, with very light trading volume. Despite the decline, analysts maintain a "Buy" consensus with an average price target of $65, following recent increases from Piper Sandler and Keefe, Bruyette & Woods. The company recently reported strong quarterly earnings, beating expectations, and increased its quarterly dividend.
Unity Bancorp: Q1 Earnings Snapshot
Unity Bancorp Inc. reported a net income of $14.3 million in its first quarter, with earnings of $1.40 per share. The bank holding company, based in Clinton, New Jersey, achieved a revenue of $48.1 million. Its revenue net of interest expense was $33.6 million, aligning with Street forecasts.
Unity Bancorp beats estimates with Q1 earnings of $1.40
Unity Bancorp (NASDAQ: UNTY) reported strong first-quarter earnings, exceeding analyst expectations with adjusted EPS of $1.40 and revenue of $33.61 million. The bank's net income increased by 23.2% year-over-year to $14.3 million, driven by solid profitability and organic growth in loans and deposits. Unity Bancorp continues to see healthy loan demand and is investing in enhancing its customer experience.
Unity Bancorp Reports Q1 2026 Earnings, EPS Beats Estimates
Unity Bancorp Inc. reported Q1 2026 earnings with net income of $14.3 million, or $1.40 per diluted share, which beat estimates despite challenges. The bank experienced modest net interest margin compression and higher operating expenses, offset by steady loan growth and a lower provision for credit losses. This performance reflects the broader pressures on regional banks, with investors keenly watching how Unity Bancorp manages these headwinds while maintaining profitability.
Press Release: Unity Bancorp Reports Quarterly Earnings of $14.3 Million
Unity Bancorp reported its fourth-quarter financial results, with revenue increasing 35% year-over-year to $609 million, surpassing the consensus estimate. However, the company also reported a quarterly loss of 66 cents per share. The article mentions these figures in relation to Unity Software (U.US), implying a re-reporting of information.
Unity Bancorp beats estimates with Q1 earnings of $1.40
Unity Bancorp (NASDAQ:UNTY) reported strong first-quarter earnings, with adjusted earnings per share of $1.40, surpassing analyst estimates. The company also exceeded revenue expectations and saw its net income increase by 23.2% year-over-year. CEO James A. Hughes attributed the success to solid profitability and consistent execution of their organic growth strategy, including growth in loans and deposits, and investments in customer experience.
Unity Bancorp (NASDAQ:UNTY) Announces Earnings Results, Beats Estimates By $0.03 EPS
Unity Bancorp (NASDAQ:UNTY) reported strong quarterly earnings, beating analyst estimates by $0.03 EPS with $1.40 EPS and $33.61 million in revenue. The company also announced an increase in its quarterly dividend to $0.16 per share, representing an annualized dividend of $0.64. Analysts maintain a "Buy" rating with a consensus price target of $65.00, though insiders have seen some selling activity.
Unity Bancorp Reports Quarterly Earnings of $14.3 Million
Unity Bancorp, Inc. reported net income of $14.3 million, or $1.40 per diluted share, for the quarter ending March 31, 2026. This represents a 23.2% increase in net income compared to the same period last year. The company saw strong organic growth, with gross loans increasing by $56.9 million and total customer deposits growing by $58.7 million in the first quarter of 2026.
A $3B New Jersey bank grew loans and deposits as profit hit $14.3M
Unity Bancorp (NASDAQ: UNTY) reported a net income of $14.3 million for the first quarter of 2026, or $1.40 per diluted share, marking a 23.2% increase year-over-year. The New Jersey-based bank, with approximately $3.0 billion in assets, also demonstrated strong organic growth with gross loans rising by $56.9 million and core customer deposits increasing by $58.7 million since year-end 2025. This performance highlights the bank's strong balance sheet, core earnings power, and effective relationship-based banking model amidst broader economic conditions.
Unity Bancorp: Q1 Earnings Snapshot
Unity Bancorp Inc. (UNTY) reported a net income of $14.3 million for its first quarter, with earnings per share of $1.40. The bank holding company, based in Clinton, New Jersey, achieved $48.1 million in revenue and its revenue net of interest expense reached $33.6 million, aligning with Street forecasts.
