Workflow
Unity Bank Recognized Again on Hovde Group's High-Performer List
Unity BancorpUnity Bancorp(US:UNTY) Newsfilter·2025-04-22 16:11

Core Insights - Unity Bank has been recognized as one of the top-performing small banks in the United States by the Hovde Group, marking the third consecutive year of inclusion in the high-performer list, indicating strong financial management and customer service [1][3]. Group 1: Performance Recognition - The Hovde Group's 2025 report evaluates small banks with market capitalizations between $100 million and $1.5 billion, ranking them based on financial metrics such as pre-tax pre-provision net revenue, efficiency ratios, loan and deposit growth, tangible book value growth, and employee productivity [2]. - Unity Bank's recognition reflects the strength of its strategic approach, employee dedication, and customer trust, emphasizing a focus on long-term, responsible growth [3]. Group 2: Company Overview - Unity Bancorp, Inc. (NASDAQ:UNTY) is the parent company of Unity Bank, which operates 21 branches across New Jersey and the Lehigh Valley, Pennsylvania, providing community-focused commercial banking services [5].