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Unity Bank Donates Over $25,000 to Food Pantries Across New Jersey and Pennsylvania Continuing Over a Decade of Holiday Giving Tradition CLINTON, NJ | January 2025 - In the spirit of giving, Unity Bank and its employees have donated over $25,000 to 21 food pantries across New Jersey and the Lehigh Valley, Pennsylvania. Each pantry received a $1,200 donation check, continuing the bank's longstanding commitment to supporting local communities during the holiday season.
Read Story: Unity Bank Donates $25,000 to Food Pantries
CLINTON, N.J., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $11.5 million, or $1.13 per diluted share, for the quarter ended December 31, 2024, compared to net income of $10.9 million, or $1.07 per diluted share for the quarter ended September 30, 2024. This represents a 5.5% increase in net income and a 5.6% increase in net income per diluted share. For the twelve months ended December 31, 2024, Unity Bancorp reported net income of $41.5 million, or $4.06 per diluted share, compared to net income of $39.7 million, or $3.84 per diluted share, for the twelve months ended December 31, 2023. This represents a 4.4% increase net income and a 5.7% increase in net income per diluted share.
Read Story: Unity Reports Quarterly & Full Year Earnings
Unity Bank’s Amanda Roche Honored as a New Leader in Banking by NJ Bankers Association Prestigious Recognition Celebrates Rising Stars in New Jersey’s Banking Industry CLINTON, NJ | November 2024 - Unity Bank proudly announces that Amanda Roche, Vice President and Finance Department Supervisor, has been recognized as a 2024 New Leader in Banking by the New Jersey Bankers Association (NJBankers). This esteemed award honors outstanding young professionals who are making significant contributions to the New Jersey banking sector.
Read Story: Roche Named Rising Star
Unity Bank Expands Sustainability Commitment with New EV Charging Stations Charge your car while you charge up with a cup of coffee CLINTON, NJ | October 2024 - Start your journey with a boost - for both you and your electric vehicle - at Unity Bank's new EV charging stations, now open to the public at its Clinton, New Jersey headquarters. The stations can accommodate up to four vehicles and are part of the Lynkwell charging network. EV drivers are invited to enjoy complimentary beverages from the Unity Bank café during business hours while their vehicles charge. Employees and customers of the bank will also benefit from a special discount on charging fees.
Read Story: EV Charging at Unity
Clinton, NJ -- 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 per diluted share, compared to net income of $29.9 million, or $2.88 per diluted share, for the nine months ended September 30, 2023. This represents no change in net income and a 2.1% increase in net income per diluted share, reflecting the Company’s repurchase of outstanding shares.
Read Story: Unity Reports Quarterly Earnings of $10.9 Million
Unity Bank Awards $50,000 in Grants to Local Businesses Through FHLB Small Business Recovery Grant Program Supporting Local Businesses Through Economic Challenges CLINTON, NJ | September 2024 - 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.
Read Story: Unity Awards FHLB Grants
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, NJ | September 2024 - 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.
Read Story: Unity's Charity Car Show
Unity Bank Ranked 13th Nationally and 5th in ROA Among Banks Under $5 Billion Unity Maintains Strong Ranking in Bank Director Magazine Listing CLINTON, NJ | August 2024 - Unity Bancorp, Inc. (NASDAQ: UNTY), Unity Bank's parent company, has once again been recognized in the prestigious Top 25 Banks ranking by Bank Director 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.
Read Story: Unity Ranked Top 25 Bank
Company Release - 8/15/2024
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.
Read Story: Unity Bancorp Declares Cash Dividend
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, compared to net income of $20.0 million, or $1.91 per diluted share, for the six months ended June 30, 2023. This represents a 4.7% decrease in net income and a 2.6% decrease in net income per diluted share.
Read Story: Unity Bancorp Reports Quarterly Earnings of $9.5 Million
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