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Clinton, NJ, January 20, 2022 - 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 diluted share for the prior year’s fourth quarter. For the year ended December 31, 2021, Unity reported net income of $36.1 million, or $3.43 per diluted share, compared to net income of $23.6 million, or $2.19 per diluted share for the year ended December 31, 2020.
Read Story: Unity Reports Record Breaking Earnings
Unity Bank Donates $34,200 to Food Pantries in NJ and Lehigh Valley
Bergen, Hunterdon, Middlesex, Somerset, Union and Warren Counties in N.J. and Northampton County, Pa. Food Banks Receive Support
CLINTON, N.J. (December 27, 2021) – Unity Bank and its employees have donated $34,200 to 19 food pantries in New Jersey and Lehigh Valley, Pennsylvania. The funds were contributed by Unity Bank employees and matched by the bank as part of a special annual holiday community service project that was started more than 10 years ago.
Read Story: Unity Bank Donates $34,200 to Food Pantries
Unity Bancorp Announces 11% Increase in Fourth Quarter Cash Dividend, Up 25% from Prior Year
CLINTON, N.J., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.10 per common share. Such dividend is payable on December 31, 2021, to shareholders of record as of December 17, 2021.
Read Story: Unity Bancorp Announces 11% Increase in Fourth Quarter Cash Dividend
Unity Bank’s Car Show Raises $8,000 for Family Promise of Hunterdon and Warren Counties
CLINTON, N.J. (November 4, 2021) – Unity Bank has donated $8,000 to Family Promise of Hunterdon County and Family Promise of Warren County, the proceeds from the 15th Annual Cruisin’ Bob’s Classic Car Show held at the bank’s Clinton headquarters. The bank donates all proceeds from the car show to the non-profits, in addition to donating volunteer time to coordinate the event.
Read Story: Unity Bank’s Car Show Raises $8,000
CENTURION Union Center, Community Leaders Welcome New Unity Bank Branch Location in Union Township
UNION, N.J. (October 20, 2021) – Community and business leaders joined Unity Bank and the Union Township Chamber of Commerce to celebrate the bank’s new branch location at CENTURION Union Center.
Read Story: Union Branch Ribbon Cutting
Clinton, NJ, October 15, 2021 - 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 diluted share for the prior year’s third quarter. For the nine months ended September 30, 2021, Unity reported net income of $26.4 million, or $2.50 per diluted share, a 61.8% increase compared to net income of $16.3 million or $1.50 per diluted share for the prior year’s period.
Read Story: Unity Reports Record Quarterly Earnings
Adult Day Center of Somerset County will Honor Unity Bank President & CEO James A. Hughes at the 2021 Generations Gala
Fundraiser to be held November 16th at The Palace at Somerset Park
CLINTON, N.J. (October 6, 2021) – 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 day care services for vulnerable seniors, adults living with a disability or dementia-related illness, as well as support and education for their caregiving families..
Read Story: ADC of Somerset Honors Unity Bank CEO
Unity Bank’s 15th Annual Classic Car Show Benefiting Family Promise Will Be Held October 17th
CLINTON, N.J. (September 8, 2021) – Unity Bank is seeking sponsors and classic car owners for the 15th Annual Cruisin’ Bob’s Classic Car Show, which will be held at the bank’s Clinton headquarters October 17th from 10:00 a.m. to 2:00 p.m. All proceeds from car show sponsorships, car registrations, 50/50 raffle and food sales will benefit Family Promise of Hunterdon County and Family Promise of Warren County.
Read Story: Unity Bank's 15th Annual Classic Car Show
CLINTON, N.J., Aug. 26, 2021 - 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 September 10, 2021.
Read Story: Unity Bancorp Declares Cash Dividend 8/2021
Clinton, NJ, July 14, 2021 - 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 share for the prior year’s second quarter. For the six months ended June 30, 2021, Unity reported net income of $16.9 million, or $1.60 per diluted share, a 60.5% increase compared to $10.5 million or $0.96 per diluted share for the prior year’s period.
Read Story: Unity Bancorp Reports Quarterly Earnings of $8.4 Million
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