Unity Bancorp Reports Quarterly Earnings of $9.1 Million
Unity Bancorp, Inc. (UNTY)
Last unity bancorp, inc. earnings: 4/17 06:00 am
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US:NASDAQ Investor Relations:
snl.com/irw/corporateprofile/101233
Company Research
Source: GlobeNewswire
CLINTON, N.J., April 14, 2022 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.1 million, or $0.85 per diluted share, for the quarter ended March 31, 2022, a 7.2 percent increase compared to net income of $8.5 million, or $0.80 per diluted share for the prior year’s first quarter. James A. Hughes, President and CEO, commented on the financial results: “Building on the momentum from 2021, Unity Bancorp continues to generate outstanding financial performance. Despite speculation about rate hikes, outsized inflation, supply-chain issues, and geopolitical uncertainty, our outstanding team has delivered Unity’s products and services to individuals and small businesses across New Jersey and the Lehigh Valley. Our loan portfolio grew nearly $70 million (over and above the nearly $18 million in PPP loans that were forgiven by the Small Business Administration), and our deposits grew more than $12 million. We do not simply measu
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News
- Unity Bancorp, Inc. (NASDAQ:UNTY) has caught the attention of institutional investors who hold a sizeable 39% stake [Yahoo! Finance]Yahoo! Finance
- Unity Bancorp: Respectable Quarter To Kick Off Regional Bank Earnings Season [Seeking Alpha]Seeking Alpha
- Unity Bancorp Reports Quarterly Earnings of $9.6 Million [Yahoo! Finance]Yahoo! Finance
- Unity Bancorp Reports Quarterly Earnings of $9.6 MillionGlobeNewswire
- Seeking Clues to Unity Bancorp (UNTY) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics [Yahoo! Finance]Yahoo! Finance
UNTY
Earnings
- 4/12/24 - Beat
UNTY
Sec Filings
- 4/25/24 - Form 8-K
- 4/25/24 - Form 8-K
- 4/12/24 - Form 8-K
- UNTY's page on the SEC website