Unity Bancorp(UNTY)

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Unity Bank Expands Sustainability Commitment with New EV Charging Stations
GlobeNewswire News Room· 2024-11-27 16:00
CLINTON, N.J., Nov. 27, 2024 (GLOBE NEWSWIRE) -- 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 ...
Unity Bancorp(UNTY) - 2024 Q3 - Quarterly Report
2024-11-12 14:04
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____. Commission File Number 1-12431 Unity Bancorp, Inc. (Exact name of registrant as specified in its charter) New Jersey 22-32 ...
Unity's new CEO pitches 'fundamentally different company' after rough year
CNBC· 2024-10-17 14:00
Five months into his tenure as CEO of Unity Software, Matt Bromberg is overseeing his first big product launch as he tries to push the company past an extended stretch of challenges. On Friday, the video game software company announced the sixth version of its flagship product, Unity Engine, a set of tools developers can use to produce games across a number of devices, including iPhones and Android phones. Unity 6 is emphasizing stability, predictable updates and the ability to support hundreds of players i ...
Unity Bancorp (UNTY) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2024-10-15 17:00
Unity Bancorp (UNTY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The power ...
Compared to Estimates, Unity Bancorp (UNTY) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-11 14:30
Unity Bancorp (UNTY) reported $27.66 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 8.1%. EPS of $1.07 for the same period compares to $0.97 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $26.4 million, representing a surprise of +4.79%. The company delivered an EPS surprise of +10.31%, with the consensus EPS estimate being $0.97. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...
Unity Bancorp (UNTY) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-11 12:11
Unity Bancorp (UNTY) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.31%. A quarter ago, it was expected that this bank holding company would post earnings of $0.94 per share when it actually produced earnings of $0.93, delivering a surprise of -1.06%. Over the last four quarters, ...
Unity Bancorp(UNTY) - 2024 Q3 - Quarterly Results
2024-10-11 10:10
Exhibit 99.1 Net Income (In Millions) $11.5 Dil. EPS ROA $11.0 $1.07 1.76% $10.5 10.5 ▲ 50.14 Q/Q ▲ 20 hps Q/Q $10.0 9.9 $9.5 ROE NIM 9.5 $9.0 15.55% 4.16% $8.5 ▲ 148 bps Q/Q ▲ 15 bps Q/Q $8.0 3Q23 4Q23 1Q 24 2Q 24 3Q24 News Media & Financial Analyst Contact: George Boyan, EVP & CFO (908) 713-4565 For Immediate Release Unity Bancorp, Inc. (NASDAQ: UNTY) October 11, 2024 Unity Bancorp Reports Quarterly Earnings of $10.9 Million James A. Hughes, President & CEO, commented on the financial results: "We are exc ...
Unity Bank's 18th Annual Classic Car Show to Benefit Family Promise Seeks Registrants and Sponsors
GlobeNewswire News Room· 2024-09-12 19:10
CLINTON, N.J., Sept. 12, 2024 (GLOBE NEWSWIRE) -- 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. The event will benefit Family Promise of Warren County and Family Promise of Hunterdon County, with all proceeds going directly to these non-profits. Unity Bank employees also volunteer their ti ...
Unity Bank Ranked 13th Nationally and 5th in ROA Among Banks Under $5 Billion
GlobeNewswire News Room· 2024-08-22 16:43
CLINTON, N.J., Aug. 22, 2024 (GLOBE NEWSWIRE) -- 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. This year's rankings reflect Unity Bank's continued progress, improving from its 2022 position of 21st overall. Unity Bank's total assets hav ...
Unity Bancorp(UNTY) - 2024 Q2 - Quarterly Report
2024-08-06 21:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____. Commission File Number 1-12431 Unity Bancorp, Inc. (Exact name of registrant as specified in its charter) New Jersey 22-3282551 ...