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Unity Bancorp, Inc. (OQ:UNTY)

Business Focus: Commercial Banks

Apr 12, 2024 06:00 am ET
Unity Bancorp Reports Quarterly Earnings of $9.6 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.6 million, or $0.93 per diluted share, for the quarter ended March 31, 2024, compared to net income of $9.8 million, or $0.96 per diluted share for the...
Feb 22, 2024 04:01 pm ET
Unity Bancorp Announces 8% Increase in First Quarter Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.13 per common share. Such dividend is payable on March 29, 2024, to shareholders of record as of March 15,...
Jan 12, 2024 06:00 am ET
Unity Bancorp Reports Quarterly Earnings of $9.8 Million and Full Year Earnings of $39.7 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.8 million, or $0.96 per diluted share, for the quarter ended December 31, 2023, compared to net income of $9.9 million, or $0.97 per diluted share for the...
Dec 21, 2023 01:19 pm ET
Unity Bank Provides Multimillion Construction Loan for Clinton 122-Unit Assisted Living & Memory Care Center
Unity Bank has provided a multimillion construction loan to Somerset County entrepreneur Gulshan Chhabra to develop a 122-unit assisted living and memory care residential facility and an adult day care center at the site of Clinton’s former Holiday...
Nov 16, 2023 04:06 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.12 per common share. Such dividend is payable on December 29, 2023, to shareholders of record as of December...
Oct 13, 2023 06:00 am ET
Unity Bancorp Reports Quarterly Earnings of $9.9 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.9 million, or $0.97 per diluted share, for the quarter ended September 30, 2023, compared to net income of $9.7 million, or $0.95 per diluted share for the...
Oct 10, 2023 02:42 pm ET
Unity Bank Opens Parsippany Area Branch Joined by Business & Community Leaders
Unity Bank recently opened its first full service branch in Morris County, Unity’s third new retail banking site in the last 10 months. Leaders from business and government joined Unity and the Parsippany Area Chamber of Commerce for a...
Aug 17, 2023 04:05 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.12 per common share. Such dividend is payable on September 22, 2023, to shareholders of record as of...
Aug 01, 2023 12:42 pm ET
Unity Bank Ranked 13th Nationally by Bank Director in U.S. Ranking of the Best Publicly Traded Banks
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, has been selected for the second year in a row for the national Top 25 Banks ranking published by Bank Director magazine. Unity was 13th nationally on the ranking of the largest 300...
Jul 19, 2023 12:14 pm ET
Unity Bank Named Best Bank 2023 by Hunterdon Happening
Unity Bank was recently named the Best Bank 2023 by Hunterdon Happening, an annual rating of businesses located in Hunterdon County started in 2011. Hunterdon Happening reports that more than 300,000 votes were cast in the most recent review of...
Jul 14, 2023 06:00 am ET
Unity Bancorp Reports Quarterly Earnings of $9.7 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.7 million, or $0.95 per diluted share, for the quarter ended June 30, 2023, compared to net income of $10.3 million, or $0.96 per diluted share for the...
Jul 07, 2023 09:43 am ET
Unity Bank Awarded the Raymond James Community Bankers Cup
Unity Bank has been awarded the Raymond James Community Bankers Cup for 2022, an honor that recognizes the top 10% of community banks based on various profitability, operational efficiency, and balance sheet metrics. Unity was the only New Jersey...
Jun 28, 2023 04:28 pm ET
Unity Bank Appoints Industry Veteran Daniel Sharabba as SVP/Senior Retail Officer
Banking industry veteran Daniel Sharabba has joined Unity Bank as Senior Vice President/Senior Retail Officer. The Morris Plains resident is responsible for the development and execution of the community bank’s branch banking operations. “We are...
Jun 09, 2023 10:48 am ET
Unity Bank Loan Supports Mountain Lakes Veteran Low Income Housing Project
Unity Bank has provided a $350,000 commercial acquisition loan to Nouvelle, LLC of Franklin Lakes to help fund a four-unit disabled Veteran, low-income housing project at 367 Bloomfield Avenue, also known as 367 Route 46. Unity also sponsored...
May 22, 2023 11:08 am ET
Unity Bank Opening First Branch in Morris County
Unity Bank is opening a new full-service branch in Lake Hiawatha, the community bank’s first location in Morris County and third new retail banking site since December. The new branch, located at 66 N. Beverwyck Road, will increase Unity’s retail...
May 10, 2023 12:01 pm ET
Unity Bank Selected for the ICBA Best-Performing Banks 2023 List
The Independent Community Bankers of America® (ICBA) has selected Unity Bank for its Best-Performing Banks 2023 list, which annually ranks the top community banks in the country. Unity, the only New Jersey headquartered bank selected for the...
Apr 27, 2023 04:56 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.12 per common share. Such dividend is payable on June 23, 2023, to shareholders of record as of June 9, 2023....
Apr 27, 2023 04:30 pm ET
Unity Bancorp Approves New Share Repurchase Program
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has approved a new Share Repurchase Program. Under this new program, the Company may repurchase up to 500,000 shares, or approximately 5.0% of...
Apr 17, 2023 06:00 am ET
Unity Bancorp Reports Quarterly Earnings of $10.3 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $10.3 million, or $0.96 per diluted share, for the quarter ended March 31, 2023, compared to net income of $10.0 million, or $0.93 per diluted share for the...
Mar 30, 2023 01:48 pm ET
Unity Bank Earns Top, 5-Star Rating from Nation’s Premier Bank Rating Firm
Unity Bank has earned the Top (5-Star) Rating for financial strength and stability from BauerFinancial, Inc., the nation’s premier bank rating firm. BauerFinancial rates every federally-insured U.S. chartered bank with the same strict standards,...
Feb 16, 2023 04:03 pm ET
Unity Bancorp Announces 9% Increase in First Quarter Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.12 per common share. Such dividend is payable on March 24, 2023, to shareholders of record as of March 10,...
Feb 06, 2023 01:48 pm ET
Unity Bank Opens Fort Lee Branch, Enhancing Bergen County Financial Services
Unity Bank has opened a new full service branch in Fort Lee, increasing its service footprint to 20 branches and enhancing its retail presence in Bergen County. The new branch is located at 899 Palisade Avenue at the intersection with Columbia...
Jan 13, 2023 06:00 am ET
Unity Bancorp Reports Quarterly Earnings of $10.0 Million and Full Year Earnings of $38.5 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $10.0 million, or $0.93 per diluted share, for the quarter ended December 31, 2022, compared to net income of $9.7 million, or $0.93 per diluted share for the...
Dec 05, 2022 10:21 pm ET
Unity Bank Opens Lakewood Branch, Plans New Fort Lee Branch
Unity Bank has opened a new full service branch in Lakewood at 1255 Route 70, expanding its branch network to Ocean County and the state’s fastest growing municipality. Unity also plans to open a Fort Lee branch in January, expanding the bank’s...
Nov 17, 2022 02:36 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.11 per common share. Such dividend is payable on December 30, 2022, to shareholders of record as of December...
Oct 14, 2022 06:00 am ET
Unity Bancorp Reports Quarterly Earnings of $9.9 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.9 million, or $0.93 per diluted share, for the quarter ended September 30, 2022, compared to net income of $9.5 million, or $0.90 per diluted share for the...
Aug 25, 2022 02:56 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.11 per common share. Such dividend is payable on September 23, 2022, to shareholders of record as of...
Aug 05, 2022 11:30 am ET
Unity Bank Selected as a Top 25 Bank by Bank Director in National Ranking of the Best Publicly Traded Banks
Unity Bancorp, Inc. (Nasdaq: UNTY), parent company of Unity Bank, has been selected for the first time for the national Top 25 Banks ranking published by Bank Director magazine. Unity was number 21 on the ranking of the largest 300 publicly traded...
Jul 14, 2022 06:00 am ET
Unity Bancorp Reports Quarterly Earnings of $9.5 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.5 million, or $0.88 per diluted share, for the quarter ended June 30, 2022, a 12.3% increase compared to net income of $8.4 million, or $0.80 per diluted...
Jul 12, 2022 12:38 pm ET
Unity Bank Added to Membership of US Small-Cap Russell 2000 Index
Unity Bancorp, Inc. (Nasdaq: UNTY), parent company of Unity Bank, was added as a member of the U.S. small-cap Russell 2000® Index, widely regarded as a bellwether of the U.S. economy due to its focus on American small businesses. The Russell 2000®...
Apr 28, 2022 12:11 pm ET
Unity Bank Board Vice Chairman Allen Tucker Retires, Succeeded by Son Aaron
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, today announced that Allen Tucker, 95, has retired as Vice Chairman of its Board of Directors. Tucker had been a member of the Unity Board since 1995. “Allen Tucker has been a...
Apr 28, 2022 08:41 am ET
Unity Bancorp Announces 10% Increase in Second Quarter Cash Dividend, Up 22% from Prior Year
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.11 per common share. Such dividend is payable on June 24, 2022, to shareholders of record as of June 10,...
Apr 14, 2022 06:00 am ET
Unity Bancorp Reports Quarterly Earnings of $9.1 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.1 million, or $0.85 per diluted share, for the quarter ended March 31, 2022, a 7.2 percent increase compared to net income of $8.5 million, or $0.80 per...
Feb 24, 2022 03:55 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.10 per common share. Such dividend is payable on March 25, 2022, to shareholders of record as of March 11,...
Jan 20, 2022 04:30 pm ET
Unity Bancorp Reports Record Breaking Quarterly Earnings of $9.7 Million And Full Year Earnings of $36.1 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.7 million, or $0.92 per diluted share, for the quarter ended December 31, 2021, a 32.7 percent increase compared to net income of $7.3 million, or $0.69 per...
Nov 18, 2021 12:43 pm ET
Unity Bancorp Announces 11% Increase in Fourth Quarter Cash Dividend, Up 25% from Prior Year
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.10 per common share. Such dividend is payable on December 31, 2021, to shareholders of record as of December...
Oct 15, 2021 06:00 am ET
Unity Bancorp Reports Record Quarterly Earnings of $9.5 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.5 million, or $0.90 per diluted share, for the quarter ended September 30, 2021, a 64.2% increase compared to net income of $5.8 million, or $0.54 per...
Oct 06, 2021 12:44 pm ET
Adult Day Center of Somerset County will Honor Unity Bank President & CEO James A. Hughes at the 2021 Generations Gala
The Adult Day Center (ADC) of Somerset County will honor Unity Bank President & CEO James A. Hughes at the Generations Gala to be held 6 p.m., Tuesday, November 16th at The Palace at Somerset Park. ADC is a nonprofit agency providing compassionate...
Aug 26, 2021 03:14 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.09 per common share. Such dividend is payable on September 24, 2021, to shareholders of record as of...
Jul 14, 2021 06:00 am ET
Unity Bancorp Reports Quarterly Earnings of $8.4 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $8.4 million, or $0.80 per diluted share, for the quarter ended June 30, 2021, a 62.8% increase compared to net income of $5.2 million, or $0.47 per diluted...
Jun 30, 2021 01:41 pm ET
Unity Bank is Only NJ Bank Named One of the Best Places to Work in New Jersey
Unity Bank has been named one of the 2021 Best Places to Work in New Jersey – the only bank in New Jersey to make the prestigious list. It is the fifth year in a row that Unity has been honored by the survey and awards program, which identifies,...
Jun 16, 2021 10:27 am ET
Unity Bank Donates $50,000 to St. Jude Children’s Research Hospital® for Inspiration4 Challenge, First All-Civilian Mission to Space
Unity Bank (NASDAQ: UNTY) donated $50,000 to St. Jude Children’s Research Hospital® as part of the Inspiration4 campaign, a $200 million fundraising initiative inspired by the world’s first all-civilian mission to space. Jared Isaacman, Founder and...
Jun 01, 2021 12:20 pm ET
Unity Bank is Top Ranked New Jersey Community Bank on American Banker Magazine’s Top 200 List
Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, was the top ranked New Jersey community bank on the recently published American Banker magazine list of the Top 200 Publicly Traded Community Banks with less than $2 billion in...
May 27, 2021 02:11 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.09 per common share. Such dividend is payable on June 25, 2021, to shareholders of record as of June 11,...
Apr 15, 2021 04:45 pm ET
Unity Bancorp Reports Quarterly Earnings of $8.5 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $8.5 million, or $0.80 per diluted share, for the quarter ended March 31, 2021, a 58.3% increase compared to net income of $5.4 million, or $0.49 per diluted...
Mar 26, 2021 10:01 am ET
Unity Bank Names Industry Veteran George Boyan Chief Financial Officer
Banking industry veteran George Boyan has joined Unity Bank as Chief Financial Officer (CFO) bringing more than 20 years of financial services industry leadership experience to the community bank. Boyan is responsible for financial and accounting...
Feb 25, 2021 04:01 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.08 per common share. Such dividend is payable on March 26, 2021, to shareholders of record as of March 12,...
Feb 12, 2021 11:52 am ET
Unity Bank Launches Partnership with NID Housing Counseling Agency and Donates $5,000 for Community Education Programs
Unity Bank recently donated $5,000 to the NID Housing Counseling Agency (NID-HCA), a U.S. Department of Housing and Urban Development (HUD) approved national network of housing counselors and community-development consultants with offices in...
Feb 04, 2021 12:00 pm ET
Unity Bancorp Approves New Share Repurchase Program
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has approved a new Share Repurchase Program. Under this new program, the Company may repurchase up to 750,000 shares, or approximately 7.5% of...
Jan 22, 2021 02:00 pm ET
Unity Bancorp Reports Quarterly Earnings of $7.3 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $7.3 million, or $0.69 per diluted share, for the quarter ended December 31, 2020, a 20.0 percent increase compared to net income of $6.1 million, or $0.55 per...
Nov 19, 2020 02:37 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.08 per common share. Such dividend is payable on December 31, 2020, to shareholders of record as of December...
Oct 26, 2020 08:50 am ET
Flemington’s Adam Kuras Joins Unity Bank as Chief Lending Officer
Adam Kuras has joined Unity Bank as Chief Lending Officer bringing more than 27 years of banking and finance leadership experience to the community bank. “We are very pleased to announce that Adam has joined our leadership team,” said Unity Bank...
Oct 21, 2020 06:00 am ET
Unity Bancorp Reports Quarterly Earnings of $5.8 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.8 million, or $0.54 per diluted share, for the quarter ended September 30, 2020, a 3.3 percent decrease compared to net income of $6.0 million, or $0.54 per...
Aug 27, 2020 03:37 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.08 per common share.  Such dividend is payable on September 25, 2020, to shareholders of record as of...
Aug 07, 2020 10:30 am ET
Unity Bank’s Virtual Car Show Raises $5,000 for Family Promise of Hunterdon and Warren Counties
Unity Bank has donated $5,000 to Family Promise of Hunterdon County and Family Promise of Warren County after holding its first virtual car show. The 14th Annual Cruisin’ Bob’s Classic Car Show, which for the prior 13 years had been held at the...
Jul 23, 2020 06:00 am ET
Unity Bancorp Reports Quarterly Earnings of $5.2 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.2 million, or $0.47 per diluted share, for the quarter ended June 30, 2020, an 11.4 percent decrease compared to $5.8 million, or $0.53 per diluted share...
Jun 09, 2020 03:50 pm ET
Unity Bank’s 14th Annual Classic Car Show Benefitting Family Promise Will Be Virtual in 2020
Unity Bank is seeking sponsors and classic car owners for the 14th Annual Cruisin’ Bob’s Classic Car Show, which for the last 13 years has been held at the bank’s Clinton headquarters, but will be virtual this year due to the coronavirus pandemic....
May 14, 2020 09:43 am ET
Unity Bank is Top Ranked New Jersey Community Bank on American Banker Magazine’s Top 200 List
Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, was the top ranked New Jersey community bank on the recently published American Banker magazine list of the Top 200 Publicly Traded Community Banks with less than $2 billion in...
May 05, 2020 06:00 am ET
Unity Bancorp Announces New Chief Financial Officer
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced today that industry veteran Anthony L. Cossetti will be joining the Company as Executive Vice President and Chief Financial Officer, effective June 8, 2020.  Mr. Cossetti...
Apr 29, 2020 01:38 pm ET
Unity Bank Provides $130 Million in PPP Loans, Saving Thousands of Jobs Through SBA COVID-19 Lending Program
Gary Shiman, Co-Owner and Executive Vice President of Bellari Home Remodeling of Branchburg, represents one of the nearly 1,000 businesses that will receive more than $130 million in Unity Bank loans through the Small Business Administration (SBA)...
Apr 23, 2020 02:57 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.08 per common share.  Such dividend is payable on June 26, 2020, to shareholders of record as of June 12,...
Apr 17, 2020 06:00 am ET
Unity Bancorp Reports Quarterly Earnings of $5.4 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.4 million, or $0.49 per diluted share, for the quarter ended March 31, 2020, a 6.5% decrease compared to the $5.7 million, or $0.52 per diluted share...
Apr 02, 2020 11:20 am ET
Unity Bank Offering SBA Loans for Businesses Coping with COVID-19
In response to the coronavirus (COVID-19) pandemic, Unity Bank will be offering its customers the Small Business Administration (SBA) Paycheck Protection Program, a loan designed to provide a direct incentive for small businesses to keep their...
Mar 31, 2020 10:32 am ET
Unity Bancorp, Inc. Announces Changes to the Manner of Holding the Annual Meeting of Shareholders to be Held on April 23, 2020
Unity Bancorp, Inc. (NASDAQ “UNTY”) announced today that due to the public health impact of the coronavirus outbreak (COVID-19), to support the health and well-being of our partners and shareholders, and to ensure compliance with all governmental...
Mar 12, 2020 02:36 pm ET
Unity Bank is the Only NJ Bank to be Named One of the 2020 Best Places to Work in New Jersey
Unity Bank has been named one of the 2020 Best Places to Work in New Jersey – the only bank in New Jersey to make the prestigious list. It is the fourth year in a row that Unity has been honored by the survey and awards program, which identifies,...
Feb 27, 2020 02:00 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.08 per common share.  Such dividend is payable on March 27, 2020 to shareholders of record as of March 13,...
Feb 21, 2020 02:53 pm ET
Unity Bancorp Issues Corrected Earnings Release; Corrections to Certain Capital Ratios
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, is issuing this corrected press release to revise the Common Equity Tier 1 Ratio (CET1), Tier 1 Risk Based Capital Ratio and Total Risk Based Capital ratios previously published in...
Jan 21, 2020 06:00 am ET
Unity Bancorp Reports Quarterly Earnings of $6.1 Million and Full Year Earnings of $23.7 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $6.1 million, or $0.55 per diluted share, for the quarter ended December 31, 2019, a 5.5% increase compared to the $5.8 million, or $0.53 per diluted share...
Nov 21, 2019 03:42 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.08 per common share.  Such dividend is payable on December 27, 2019, to shareholders of record as of December...
Oct 17, 2019 06:00 am ET
Unity Bancorp Reports Quarterly Earnings up 8.5%
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $6.0 million, or $0.54 per diluted share, for the quarter ended September 30, 2019, an 8.5 percent increase compared to the $5.5 million, or $0.50 per diluted...
Oct 02, 2019 12:22 pm ET
Community Banker Elected to the 2019 ICBA Federal Delegate Board
The Independent Community Bankers of America® (ICBA) announced that local community banker James Hughes, President & CEO of Unity Bank (NASDAQ: UNTY), Clinton, New Jersey was elected to the ICBA Federal Delegate Board. ICBA is the nation’s voice...
Sep 20, 2019 11:13 am ET
Unity Bank Selected for the Sandler O'Neill Sm-All Stars Class of 2019
For the second year in a row, Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, has been named to the Sandler O'Neill Sm-All Stars Class of 2019. Unity was one of only 30 publicly traded banks and thrifts – and one of only five...
Aug 22, 2019 03:42 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.08 per common share.  Such dividend is payable on September 27, 2019, to shareholders of record as of...
Jul 18, 2019 06:00 am ET
Unity Bancorp Reports Quarterly Earnings up 8.1%
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.8 million, or $0.53 per diluted share, an 8.2 percent increase, for the quarter ended June 30, 2019, compared to $5.4 million, or $0.49 per diluted share...
Jul 16, 2019 11:22 am ET
Unity Bancorp Approves New Share Repurchase Program
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, today announced that its Board of Directors has approved a new Share Repurchase Program.  Under this new program, the Company may repurchase up to 525,000 shares, or approximately 5%...
May 06, 2019 02:49 pm ET
Unity Bank is Top Ranked New Jersey Community Bank on American Banker Magazine’s Top 200 List
Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, was the top ranked New Jersey community bank on the recently published American Banker magazine list of the Top 200 Publicly Traded Community Banks. Unity was ranked 13th...
Apr 25, 2019 01:57 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.08 per common share.  Such dividend is payable on June 28, 2019, to shareholders of record as of June 14,...
Apr 24, 2019 02:29 pm ET
REPEAT – Unity Bancorp Reports Quarterly Earnings up 9.8%
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.7 million, or $0.52 per diluted share, for the quarter ended March 31, 2019, compared to $5.2 million, or $0.48 per diluted share, for the prior year’s...
Apr 18, 2019 06:00 am ET
Unity Bancorp Reports Quarterly Earnings up 9.8%
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.7 million, or $0.52 per diluted share, for the quarter ended March 31, 2019, compared to $5.2 million, or $0.48 per diluted share, for the prior year’s...
Mar 20, 2019 11:38 am ET
For Third Straight Year, Unity Bank Named One of the Best Places to Work in New Jersey
Unity Bank has been named one of the 2019 Best Places to Work in New Jersey in the medium category. It is the third year in a row that Unity has been honored by the survey and awards program, which identifies, recognizes and honors the top places...
Feb 28, 2019 02:09 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.07 per common share.  Such dividend is payable on March 29, 2019, to shareholders of record as of March 15,...
Jan 23, 2019 06:00 am ET
Unity Bancorp Reports Quarterly Earnings of $5.8 Million
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.8 million, or $0.53 per diluted share, for the quarter ended December 31, 2018, compared to $2.5 million, or $0.23 per diluted share, for the prior year’s...
Nov 29, 2018 02:20 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.07 per common share.  Such dividend is payable on December 28, 2018, to shareholders of record as of December...
Oct 18, 2018 06:00 am ET
Unity Bancorp Reports Quarterly Earnings up 46% over Prior Year
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.5 million, or $0.50 per diluted share, for the quarter ended September 30, 2018, compared to $3.8 million, or $0.35 per diluted share, for the prior year’s...
Sep 21, 2018 01:02 pm ET
Unity Bank Selected for the Sandler O'Neill Sm-All Stars Class of 2018
Unity Bancorp, Inc. (NASDAQ:UNTY), the parent company of Unity Bank, has been named to the Sandler O'Neill Sm-All Stars Class of 2018. Unity was one of only 30 publicly traded banks and thrifts – and one of only two banks headquartered in New...
Aug 23, 2018 02:13 pm ET
Unity Bancorp Declares Cash Dividend
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.07 per common share.  Such dividend is payable on September 28, 2018, to shareholders of record as of...
Jul 19, 2018 03:00 pm ET
Unity Bancorp Reports Quarterly Earnings up 56% over Prior Year
Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, reported net income of $5.4 million, or $0.49 per diluted share, for the quarter ended June 30, 2018, compared to $3.4 million, or $0.32 per diluted share, for the prior year’s second...
Jun 27, 2018 12:43 pm ET
Unity Bank Again Receives Prestigious 5-Star Rating from BauerFinancial
For the fifth consecutive quarter, Unity Bank has received the prestigious “5-Star Rating” from BauerFinancial, Inc., the nation’s leading independent bank and credit union rating and research firm. The 5-Star rating is the highest ranking the...
May 10, 2018 10:41 am ET
Unity Bank is Top Ranked New Jersey Community Bank on American Banker Magazine’s Top 200 List
Unity Bancorp, Inc. (NASDAQ:UNTY), the parent company of Unity Bank, was the top ranked New Jersey community bank on the American Banker magazine list of the Top 200 Publicly Traded Community Banks. Unity was ranked 19th nationally on the respected...
Apr 26, 2018 06:00 am ET
Unity Bancorp Declares 17% Increase in Cash Dividend
CLINTON, N.J., April 26, 2018 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.07 per common share, an increase of 17% compared...
Apr 18, 2018 01:20 pm ET
Unity Bank Ranked 43rd Nationally on S&P Global Market Intelligence List of Best-Performing Community Banks
CLINTON, N.J., April 18, 2018 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), the parent company of Unity Bank, was one of only two New Jersey community banks to break the top 50 of S&P Global Market Intelligence (NYSE:SPGI)...
Mar 12, 2018 12:45 pm ET
Unity Bank Named One of the Best Places to Work in New Jersey
CLINTON, N.J., March 12, 2018 (GLOBE NEWSWIRE) -- Unity Bank has been named one of the 2018 Best Places to Work in New Jersey in the small/medium category. It is the second year in a row that...
Feb 22, 2018 12:00 pm ET
Unity Bancorp Declares Cash Dividend
CLINTON, N.J., Feb. 22, 2018 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.06 per common share.  Such dividend is payable on...
Jan 24, 2018 06:00 am ET
Unity Bancorp Reports Quarterly Net Income of $2.5 million or $0.23 per share and Core Net Income for the Quarter, Excluding the Impact of Nonrecurring Items, of $4.2 million or $0.39 per share
CLINTON, N.J., Jan. 24, 2018 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, reported net income of $2.5 million or $0.23 per diluted share for the three months ended December 31, 2017, compared to net...
Dec 26, 2017 11:20 am ET
Unity Bank to Provide Employees with $750 Bonuses in Response to Federal Tax Reform Legislation
CLINTON, N.J., Dec. 26, 2017 (GLOBE NEWSWIRE) -- In response to Congressional approval of tax reform legislation, Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced today that its Board of Directors has elected to provide all employees...
Nov 16, 2017 02:32 pm ET
Unity Bancorp Declares Cash Dividend
CLINTON, N.J., Nov. 16, 2017 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.06 per common share.  Such dividend is payable on...
Nov 08, 2017 08:52 am ET
Unity Bank Receives Prestigious 5-Star Rating from BauerFinancial
Independent Analysis Results in Highest Bank Ranking Available
May 22, 2017 03:16 pm ET
Unity Bank Named One of the Best Places to Work in New Jersey
CLINTON, N.J., May 22, 2017 (GLOBE NEWSWIRE) -- Unity Bank has been named one of the 2017 Best Places to Work in New Jersey in the small/medium category. This survey and awards program identifies, recognizes and honors the top places of employment in New Jersey that benefit the state's economy, workforce and businesses....
Dec 08, 2016 05:00 pm ET
Unity Bancorp Announces Completion of $15.0 Million Common Stock Offering
CLINTON, N.J., Dec. 08, 2016 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced today that it had successfully completed an at the market common stock issuance. A total of 1,068,400 common shares were sold at a weighted average price of $14.04 per share, representing gross proceeds to the Company of $15.0 million.  Net proceeds from the transaction, after the sales commission and other expenses, are expected to be approximately $14.5 million....
Oct 25, 2016 06:00 am ET
Unity Bancorp Reports 18% Increase in Quarterly Net Income
CLINTON, N.J., Oct. 25, 2016 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, reported increased quarterly and year-to-date earnings.  Major contributing factors included strong loan growth, expanded net interest margin, increased levels of noninterest income and expense control. ...
Aug 26, 2016 09:00 am ET
Unity Bancorp Declares 25% Increase in Cash Dividend and a 10% Stock Dividend
CLINTON, N.J., Aug. 26, 2016 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a 25 percent increase in its cash dividend from $0.04 per common share to $0.05 per common share.  Such dividend is payable on September 29, 2016, to shareholders of record as of September 13, 2016....
Aug 09, 2016 10:00 am ET
Jul 25, 2016 06:00 am ET
Unity Bancorp Reports 16% Increase in Quarterly Net Income
CLINTON, N.J., July 25, 2016 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, reported increased quarterly and year-to-date earnings.  Major contributing factors included strong loan growth, expanded net interest margin, increased levels of noninterest income and expense control. ...
May 26, 2016 11:00 am ET
Unity Bancorp Declares Cash Dividend
CLINTON, N.J., May 26, 2016 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.04 per common share.  Such dividend is payable on June 30, 2016, to shareholders of record as of June 16, 2016....