Unity Bancorp Reports Quarterly Earnings of $11.6 Million [Yahoo! Finance]
Unity Bancorp, Inc. (UNTY)
Last unity bancorp, inc. earnings: 4/17 06:00 am
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Source: Yahoo! Finance
million, or $1.13 per diluted share, for the quarter ended March 31, 2025, compared to net income of $11.5 million, or $1.13 per diluted share for the quarter ended December 31, 2024. This represents a 0.8% increase in net income. James A. Hughes, President and CEO, commented on the financial results: “We are pleased to announce another strong quarter for Unity Bancorp, Inc. We earned $11.6 million in net income, or $1.13 per diluted share, representing 1.83% ROA and 15.56% ROE. Our Commercial and Residential lending had strong originations, growing loans by $84.5 million in the first quarter, a 3.74% increase from year-end. Our Retail division also demonstrated their deposit gathering capabilities, with customer deposits (ex-brokered deposits) increasing by $90.7 million, or 4.82%, quarter over quarter. We will continue to diligently manage our balance sheet, and aim to fund future credit growth by growing deposits in tandem. Furthermore, we will continue to maintain disciplined
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UNTY
News
- Investors in Unity Bancorp (NASDAQ:UNTY) have seen stellar returns of 233% over the past five years [Yahoo! Finance]Yahoo! Finance
- Unity Bancorp, Inc. Announces Executive Leadership Promotions [Yahoo! Finance]Yahoo! Finance
- Unity Bancorp declares $0.15 dividend [Seeking Alpha]Seeking Alpha
- Unity Bancorp Announces Fourth Quarter Dividend [Yahoo! Finance]Yahoo! Finance
- Unity Bancorp, Inc. Announces Executive Leadership PromotionsGlobeNewswire
UNTY
Earnings
- 10/14/25 - Beat
UNTY
Sec Filings
- 12/18/25 - Form 8-K
- 12/15/25 - Form 4
- 12/11/25 - Form 4
- UNTY's page on the SEC website