Unity Bancorp Reports Quarterly Earnings of $10.9 Million
Unity Bancorp, Inc. (UNTY)
Last unity bancorp, inc. earnings: 4/17 06:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
snl.com/irw/corporateprofile/101233
Company Research
Source: GlobeNewswire
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 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. James A. Hughes, President and CEO, commented on the financial results: “We are excited to announce the highest quarterly earnings results in the Unity Bancorp Inc.’s history.
Show less
Read more
Impact Snapshot
Event Time:
UNTY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UNTY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UNTY alerts
High impacting Unity Bancorp, Inc. news events
Weekly update
A roundup of the hottest topics
UNTY
News
- Unity Bancorp (NASDAQ:UNTY) shareholders have earned a 17% CAGR over the last five years [Yahoo! Finance]Yahoo! Finance
- Unity Bancorp, Inc. (NASDAQ: UNTY) had its price target raised by analysts at Keefe, Bruyette & Woods from $43.00 to $51.00. They now have an "outperform" rating on the stock.MarketBeat
- Unity Bank Expands Sustainability Commitment with New EV Charging Stations [Yahoo! Finance]Yahoo! Finance
- Unity Bank Expands Sustainability Commitment with New EV Charging StationsGlobeNewswire
- Unity Bank's Amanda Roche Honored as a New Leader in Banking by NJ Bankers Association [Yahoo! Finance]Yahoo! Finance
UNTY
Earnings
- 10/11/24 - Beat
UNTY
Sec Filings
- 12/16/24 - Form 4
- 12/13/24 - Form 144
- 12/11/24 - Form 4
- UNTY's page on the SEC website