reports
Unity Bancorp Inc. Declares Cash Dividend
Unity Bancorp Inc. Declares Cash Dividend CLINTON, N.J., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.13 per common share. Such dividend is payable on December 31, 2024, to shareholders of record as of December 13, 2024. Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $2.6 billion in assets and $2.0 billion in deposits. Unity Bank, the Company’s wholly owned subsidiary, provides financial services...
Unity Bancorp Inc: 1 director
A director at Unity Bancorp Inc sold 1,043 shares at 44.978USD and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...
Unity Bancorp Reports Quarterly Earnings of $10.9 Million
Unity Bancorp Reports Quarterly Earnings of $10.9 Million CLINTON, N.J., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $10.9 million, or $1.07 per diluted share, for the quarter ended September 30, 2024, compared to net income of $9.5 million, or $0.93 per diluted share for the quarter ended June 30, 2024. This represents a 15.3% increase in net income and a 15.1% increase in net income per diluted share. For the nine months ended September 30, 2024, Unity Bancorp reported net income of $29.9 million, or $2.94 pe...
Unity Bank Awards $50,000 in Grants to Local Businesses Through FHLB S...
Unity Bank Awards $50,000 in Grants to Local Businesses Through FHLB Small Business Recovery Grant Program Supporting Local Businesses Through Economic Challenges CLINTON, N.J., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Unity Bank is proud to announce that five local businesses have each been awarded $10,000 grants through the Federal Home Loan Bank of New York (FHLB) Small Business Recovery Grant (SBRG) Program. These grants aim to help businesses overcome challenges posed by inflation, supply chain constraints, rising energy costs, and a volatile rate environment. As a committed member of...
Unity Bank’s 18th Annual Classic Car Show to Benefit Family Promise Se...
Unity Bank’s 18th Annual Classic Car Show to Benefit Family Promise Seeks Registrants and Sponsors Join Unity Bank to support families in need CLINTON, N.J., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Unity Bank is inviting classic car owners and local businesses to participate in the 18th Annual Crusin’ Bob’s Classic Car Show, which will be held at the bank’s Clinton headquarters, 64 Old Highway 22 in Clinton, on Sunday, October 27th, from 10:00 a.m. to 2:00 p.m. The event will benefit Family Promise of Warren County and Family Promise of Hunterdon County, with all proceeds going directly to ...
Unity Bank Ranked 13th Nationally and 5th in ROA Among Banks Under $5 ...
Unity Bank Ranked 13th Nationally and 5th in ROA Among Banks Under $5 Billion Unity Maintains Strong Ranking in Bank Director Magazine Listing CLINTON, N.J., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company, has once again been recognized in the prestigious Top 25 Banks ranking by magazine. Unity Bank is listed as the 13th best publicly traded bank in the nation and is 5th in Return on Assets (ROA) among banks with less than $5 billion in assets. This year's rankings reflect Unity Bank's continued progress, improving from its 2022 position of 21st ...
Unity Bancorp Inc. Declares Cash Dividend
Unity Bancorp Inc. Declares Cash Dividend CLINTON, N.J., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.13 per common share. Such dividend is payable on September 20, 2024, to shareholders of record as of September 6, 2024. Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $2.6 billion in assets and $2.0 billion in deposits. Unity Bank, the Company’s wholly owned subsidiary, provides financial service...
Unity Bancorp Inc. Announces New Share Repurchase Program
Unity Bancorp Inc. Announces New Share Repurchase Program CLINTON, N.J., Aug. 01, 2024 (GLOBE NEWSWIRE) -- 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 its outstanding common stock. The timing and amount of any repurchases will depend on a number of factors, including the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital, and the ...
Unity Bancorp Reports Quarterly Earnings of $9.5 Million
Unity Bancorp Reports Quarterly Earnings of $9.5 Million CLINTON, N.J., July 12, 2024 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.5 million, or $0.93 per diluted share, for the quarter ended June 30, 2024, compared to net income of $9.6 million, or $0.93 per diluted share for the quarter ended March 31, 2024. This represents a 1.4% decrease in net income and no change in net income per diluted share. For the six months ended June 30, 2024, Unity Bancorp reported net income of $19.0 million, or $1.86 per diluted share, co...
Unity Bancorp Declares Cash Dividend
Unity Bancorp Declares Cash Dividend CLINTON, N.J., May 16, 2024 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.13 per common share. Such dividend is payable on June 21, 2024, to shareholders of record as of June 7, 2024. Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $2.6 billion in assets and $2.0 billion in deposits. Unity Bank, the Company’s wholly owned subsidiary, provides financial services to retail, cor...
Unity Bancorp Reports Quarterly Earnings of $9.6 Million
Unity Bancorp Reports Quarterly Earnings of $9.6 Million CLINTON, N.J., April 12, 2024 (GLOBE NEWSWIRE) -- 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 quarter ended December 31, 2023. This represents a 1.9% decrease in net income and a 3.1% decrease in net income per diluted share. James A. Hughes, President and CEO, commented on the financial results: “We are pleased to announce another str...
Unity Bancorp Announces 8% Increase in First Quarter Dividend
Unity Bancorp Announces 8% Increase in First Quarter Dividend CLINTON, N.J., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.13 per common share. Such dividend is payable on March 29, 2024, to shareholders of record as of March 15, 2024. This represents an 8% increase from the $0.12 dividend per common share paid in the prior quarter. “We are pleased to announce another increase in our dividend payout, a testament to our robust financial performance and our unwave...
Unity Bancorp Reports Quarterly Earnings of $9.8 Million and Full Year...
Unity Bancorp Reports Quarterly Earnings of $9.8 Million and Full Year Earnings of $39.7 Million CLINTON, N.J., Jan. 12, 2024 (GLOBE NEWSWIRE) -- 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 quarter ended September 30, 2023. This represents a 1.8% decrease in net income and a 1.0% decrease in net income per diluted share. For the twelve months ended December 31, 2023, the Company reported n...
Unity Bank Provides Multimillion Construction Loan for Clinton 122-Uni...
Unity Bank Provides Multimillion Construction Loan for Clinton 122-Unit Assisted Living & Memory Care Center Adult Day Care Center Also To Be Offered at Former Holiday Inn Property CLINTON, N.J., Dec. 21, 2023 (GLOBE NEWSWIRE) -- 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 Inn at 111 West Main Street, which closed during the COVID-19 pandemic. , which includes 12 affordable housing units for Cli...
Unity Bancorp Declares Cash Dividend
Unity Bancorp Declares Cash Dividend CLINTON, N.J., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.12 per common share. Such dividend is payable on December 29, 2023, to shareholders of record as of December 15, 2023. Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $2.6 billion in assets and $1.9 billion in deposits. Unity Bank, the Company’s wholly owned subsidiary, provides financial services to...
Unity Bancorp Reports Quarterly Earnings of $9.9 Million
Unity Bancorp Reports Quarterly Earnings of $9.9 Million CLINTON, N.J., Oct. 13, 2023 (GLOBE NEWSWIRE) -- 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 quarter ended June 30, 2023. This represents a 2.6% increase in net income and a 2.1% increase in net income per diluted share. For the nine months ended September 30, 2023, Unity reported net income of $29.9 million or $2.88 per diluted sh...
Unity Bank Opens Parsippany Area Branch Joined by Business & Community...
Unity Bank Opens Parsippany Area Branch Joined by Business & Community Leaders Bank Celebrates First Morris County Branch with Donations to Morris County Sheriff’s CrimeStoppers, Lake Hiawatha Fire Department & Parsippany PBS PARSIPPANY-TROY HILLS, N.J., Oct. 10, 2023 (GLOBE NEWSWIRE) -- 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 ribbon-cutting ceremony at the branch, located at 66 N. Beverwyck Road in the ...
Unity Bancorp Declares Cash Dividend
Unity Bancorp Declares Cash Dividend CLINTON, N.J., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.12 per common share. Such dividend is payable on September 22, 2023, to shareholders of record as of September 8, 2023. Unity Bancorp, Inc. is a financial service organization headquartered in Clinton, New Jersey, with approximately $2.6 billion in assets and $1.8 billion in deposits. Unity Bank, the company’s wholly owned subsidiary, provides financial services to r...
Unity Bank Ranked 13th Nationally by Bank Director in U.S. Ranking of ...
Unity Bank Ranked 13th Nationally by Bank Director in U.S. Ranking of the Best Publicly Traded Banks Unity Ranked 7th Nationally Among Banks in its Asset Category CLINTON, N.J., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of , has been selected for the second year in a row for the national Top 25 Banks ranking published by magazine. Unity was 13th nationally on the ranking of the largest 300 publicly traded banks and 7th nationally for banks in the $1 billion to $5 billion asset category. Both of those rankings represented improvements from the...
Unity Bank Named Best Bank 2023 by Hunterdon Happening
Unity Bank Named Best Bank 2023 by Hunterdon Happening CLINTON, N.J., July 19, 2023 (GLOBE NEWSWIRE) -- was recently named the Best Bank 2023 by , 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 local businesses. “We are honored to be selected as the best bank in Hunterdon County by Hunterdon Happening,” said Unity Bank President & CEO James A. Hughes. “The award is a tribute to our employees who are dedicated to providing the best possible service to our customers...
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