UNTY · Unity Bancorp Inc · Investor Relations
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Press releases and events scraped from the company’s investor relations website. Past events open our own call or event page when we host one; otherwise listings link to the original source.
Recent news
| Date | Headline |
|---|---|
| 2026-10-13 |
Unity Bancorp Reports Quarterly Earnings of $17.4 Million
CLINTON, N.J., Oct. 13, 2026 (GLOBE NEWSWIRE) - Unity Bancorp, Inc. (NASDAQ: UNTY, the "Company"), parent company of Unity Bank (the "Bank"), reported net income of $17.4 million, or $1.70 per diluted share, for the quarter ended September 30, 2026, compared to net income of $14.5 million, or $1.42 per diluted share for the quarter ended June 30, 2026. For the nine months ended September 30, 2026, Unity Bancorp, Inc. reported net income of $46.1 million, or $4.52 per diluted share, compared to net income of $42.5 million, or $4.15 per diluted share, for the nine months ended September 30, 2025. James A. Hughes, CEO, commented on the financial results: “We are pleased to report another strong quarter for Unity, highlighted by net income of $17.4 million, or $1.70 per diluted share, and continued momentum across our core banking franchise. Loan and deposit growth remained robust, net interest income increased, net interest margin expanded, and asset quality improved meaningfully during |
| 2026-10-01 |
Unity Bank Celebrates 20th Anniversary Charity Car Show Benefiting Family Promise
Join Unity Bank to support families in need CLINTON, N.J., Oct. 01, 2026 (GLOBE NEWSWIRE) - Unity Bank is inviting classic car owners, local businesses, and community members to participate in the 20th Anniversary Unity Bank Charity Car Show , to be held at the bank's corporate headquarters, located at 64 Old Highway 22 in Clinton, on Sunday, October 4, 2026, from 10:00 am to 2:00 pm. The event will benefit Family Promise of Warren County and Family Promise of Hunterdon County , with all proceeds helping the organizations continue their mission of assisting families experiencing or at risk of homelessness. Unity Bank employees also volunteer their time to organize and support the annual fundraiser. "For twenty years, our Charity Car Show has brought together car enthusiasts, local businesses, employees, and community members to make a meaningful difference for families in need," said James A. Hughes, CEO of Unity Bank. "What started as a local car show has grown into a signature |
| 2026-09-23 |
Unity Bancorp, Inc. and Unity Bank Announce Retirement of CEO James A. Hughes and Planned Leadership Succession
George Boyan to Become Chief Executive Officer on April 1, 2027; Hughes to Continue Serving on Company and Bank Board CLINTON, N.J., Sept. 23, 2026 (GLOBE NEWSWIRE) - Unity Bancorp, Inc. (NASDAQ: UNTY) and its wholly owned subsidiary, Unity Bank, today announced that James A. Hughes will retire from his position as Chief Executive Officer of the Company and the Bank effective March 31, 2027, following more than 26 years of dedicated service. Mr. Hughes will continue to serve on the Boards of Directors of both Unity Bancorp, Inc. and Unity Bank following his retirement. As part of a deliberate, multi-year succession planning process, the Boards unanimously selected current President George Boyan to succeed Mr. Hughes as Chief Executive Officer effective April 1, 2027. Mr. Boyan will continue to serve as President of the Company and the Bank, a position he has held since January 1, 2026. During his tenure with Unity, he has held key executive leadership responsibilities and has been a |
| 2026-08-20 |
Unity Bancorp Announces 6% Increase in Third Quarter Dividend
CLINTON, N.J., Aug. 20, 2026 (GLOBE NEWSWIRE) - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.17 per common share. Such dividend is payable on September 17, 2026, to shareholders of record as of September 3, 2026. “The increase in our quarterly cash dividend reflects the strength of Unity Bancorp’s financial performance, disciplined balance sheet management, and our continued commitment to delivering consistent value to our shareholders. We remain focused on maintaining a strong capital position while supporting sustainable growth and serving the communities in which we operate.” – James A. Hughes, CEO of Unity Bancorp, Inc. Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $3.2 billion in assets and $2.5 billion in deposits. Unity Bank, the Company’s wholly owned subsidiary, provides financial services to retail, corporate and |
| 2026-08-07 |
Unity Bancorp, Inc. Mourns the Passing of Director Robert ("Bobby") H. Dallas II
CLINTON, N.J., Aug. 07, 2026 (GLOBE NEWSWIRE) - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, today announced with profound sadness the passing of Robert ("Bobby") H. Dallas II. Mr. Dallas was a founding member of the Bank and served on the Company's Board since inception and brother of Chairman David D. Dallas. He played an instrumental role in helping guide Unity from a community bank startup to one of New Jersey's strongest independent banking franchises. His leadership, wisdom, and unwavering commitment to customers, communities, employees, and shareholders helped shape the organization for more than three decades. "We are deeply saddened by Bobby's passing," said James A. Hughes, Chief Executive Officer of Unity Bancorp, Inc. "For more than three decades, Bobby helped shape Unity's culture, values, and long-term success. He was a respected colleague, trusted advisor, and dear friend whose integrity, humility, and commitment to doing what was right earned the |
| 2026-08-04 |
Unity Bank Named New Jersey Economic Development Authority Premier Lender
Partnership expands access to capital for small businesses across New Jersey CLINTON, N.J., Aug. 04, 2026 (GLOBE NEWSWIRE) - Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, announced that it has been approved by the New Jersey Economic Development Authority Board as a participant in the NJEDA Premier Lender Program, joining a select group of financial institutions committed to advancing small business growth throughout the state. The Premier Lender Program is a strategic partnership between the NJEDA and more than two dozen banks across New Jersey. The program is designed to help small businesses overcome financial barriers that can impede growth, expansion, and job creation. Through the program, the NJEDA can guarantee or participate in a portion of a Premier Lender’s commercial loans or lines of credit, providing qualifying businesses with greater access to affordable financing for fixed assets and term working capital. “We are proud to be recognized as an |
| 2026-07-14 |
Unity Bancorp Reports Quarterly Earnings of $14.5 Million
CLINTON, N.J., July 14, 2026 (GLOBE NEWSWIRE) - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $14.5 million, or $1.42 per diluted share, for the quarter ended June 30, 2026, compared to net income of $14.3 million, or $1.40 per diluted share for the quarter ended March 31, 2026. For the six months ended June 30, 2026, Unity Bancorp reported net income of $28.8 million, or $2.82 per diluted share, compared to net income of $28.1 million, or $2.74 per diluted share, for the six months ended June 30, 2025. James A. Hughes, CEO, commented on the financial results: “We are pleased to announce that Unity Bancorp, Inc. delivered another strong quarter, reflecting the strength of our relationship-based banking model. During the second quarter, we generated net income of $14.5 million, or $1.42 per diluted share, producing a 2.01% return on average assets and a 15.86% return on average equity. Strong core operating performance, a 4.56% net interest |
| 2026-06-11 |
Unity Bank Appoints Sara M. Sooy and Alfred J. Gaburo to Board of Directors
New directors bring extensive experience in government affairs, financial oversight, banking, real estate finance, and community leadership CLINTON, N.J., June 11, 2026 (GLOBE NEWSWIRE) - Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, announced that its Board of Directors has voted to appoint Sara M. Sooy and Alfred J. Gaburo to the Unity Bank Board of Directors. Sooy brings significant banking, finance, governance, and public-sector leadership experience to the board. Her background includes public company audit committee service, credit risk evaluation, commercial real estate finance, enterprise risk governance, capital planning, and fiduciary oversight. She has held roles with Investors Bank and the New Jersey Economic Development Authority, and currently serves as a Somerset County Commissioner. Gaburo brings more than three decades of experience in public affairs, government relations, economic development, and strategic advocacy. He has represented leading |
| 2026-05-21 |
Unity Bancorp Announces Second Quarter Dividend
CLINTON, N.J., May 21, 2026 (GLOBE NEWSWIRE) - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.16 per common share. Such dividend is payable on June 18, 2026, to shareholders of record as of June 4, 2026. Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $3.0 billion in assets and $2.4 billion in deposits. Unity Bank, the Company’s wholly owned subsidiary, provides financial services to retail, corporate and small business customers through its robust branch network located in Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union and Warren Counties in New Jersey and Northampton County in Pennsylvania. For additional information about Unity, visit our website at www.unitybank.com, or call 800-618-BANK. This news release contains certain forward-looking statements, either expressed or implied, which are provided to assist the |
| 2026-04-14 |
Unity Bancorp Reports Quarterly Earnings of $14.3 Million
CLINTON, N.J., April 14, 2026 (GLOBE NEWSWIRE) - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $14.3 million, or $1.40 per diluted share, for the quarter ended March 31, 2026, compared to net income of $15.5 million, or $1.52 per diluted share for the quarter ended December 31, 2025. James A. Hughes, CEO, commented on the financial results: “We are pleased to report another strong quarter for Unity Bancorp, Inc., highlighted by solid profitability and continued execution of our organic growth strategy. For the quarter, we delivered net income of $14.3 million, or $1.40 per diluted share, producing a 2.04% return on average assets and a 16.38% return on average equity. These results represent a $2.7 million, or 23.2%, increase in net income compared to the same period last year, and reflect the underlying strength of our balance sheet and core earnings power. We entered 2026 with positive momentum, and during the first quarter we achieved |
| 2026-02-26 |
Unity Bancorp Announces 7% Increase in First Quarter Dividend
CLINTON, N.J., Feb. 26, 2026 (GLOBE NEWSWIRE) - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.16 per common share. Such dividend is payable on March 20, 2026, to shareholders of record as of March 6, 2026. “The increase in our quarterly cash dividend reflects the strength of Unity Bancorp’s financial performance, disciplined balance sheet management, and our continued commitment to delivering consistent value to our shareholders. We remain focused on maintaining a strong capital position while supporting sustainable growth and serving the communities in which we operate.” – James A. Hughes, CEO of Unity Bancorp, Inc. Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $3.0 billion in assets and $2.3 billion in deposits. Unity Bank, the Company’s wholly owned subsidiary, provides financial services to retail, corporate and small |
| 2026-01-30 |
Piper Sandler Names Unity Bank a Top Bank Investment Idea for 2026
Firm highlights Unity’s loan growth, profitability, and strategic discipline as key drivers of long-term value CLINTON, N.J., Jan. 30, 2026 (GLOBE NEWSWIRE) - Piper Sandler, a leading investment bank and institutional securities firm, has named Unity Bancorp, Inc. (NASDAQ: UNTY) one of its Top Bank Investment Ideas for 2026 , recognizing the company’s strong performance and sustained growth potential. The recognition was featured in Piper Sandler’s annual Financial Services Top Ideas report, which compiles the firm’s highest-conviction investment recommendations across the banking sector. Analyst Justin Crowley , who covers Northeast and Mid-Atlantic banks for Piper Sandler, provided the firm’s outlook on Unity Bancorp. “In a state where many banks are struggling to grow, Unity is achieving double-digit loan growth and capitalizing on market dislocation,” Crowley noted in the report. “Their 4.5% net interest margin is the envy of most peers and is supported by strong pricing power in |
| 2026-01-13 |
Unity Bancorp Reports Quarterly Earnings of $15.5 Million and Full Year Earnings of $58.0 Million
CLINTON, N.J., Jan. 13, 2026 (GLOBE NEWSWIRE) - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $15.5 million, or $1.52 per diluted share, for the quarter ended December 31, 2025, compared to net income of $14.4 million, or $1.41 per diluted share for the quarter ended September 30, 2025. For the twelve months ended December 31, 2025, Unity Bancorp reported net income of $58.0 million, or $5.67 per diluted share, compared to net income of $41.5 million, or $4.06 per diluted share, for the twelve months ended December 31, 2024. James A. Hughes, CEO, commented on the financial results: “We are pleased to report a record year for Unity Bancorp, Inc. For the year, we generated $58.0 million in net income, or $5.67 per diluted share, delivering a 2.17% ROA and 18.07% ROE. This represents a $16.5 million, or 39.8% increase in net income from the prior year. For the fourth quarter, net income totaled $15.5 million, or $1.52 per diluted share, |
| 2025-11-20 | Unity Bancorp, Inc. Announces Executive Leadership Promotions |
| 2025-11-20 | Unity Bancorp Announces Fourth Quarter Dividend |
| 2025-10-14 | Unity Bancorp Reports Quarterly Earnings of $14.4 Million |
| 2025-08-21 | Unity Bancorp Announces 7% Increase in Third Quarter Dividend |
Source: https://unitybancorp.q4ir.com/corporate-overview/corporate-profile/default.aspx