Unity Bancorp Reports Record Quarterly Earnings of $9.5 Million
Unity Bancorp, Inc. (UNTY)
Last unity bancorp, inc. earnings: 4/17 06:00 am
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Source: GlobeNewswire
CLINTON, N.J., Oct. 15, 2021 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.5 million, or $0.90 per diluted share, for the quarter ended September 30, 2021, a 64.2% increase compared to net income of $5.8 million, or $0.54 per diluted share for the prior year’s third quarter. For the nine months ended September 30, 2021, Unity reported net income of $26.4 million, or $2.50 per diluted share, a 61.8% increase compared to net income of $16.3 million or $1.50 per diluted share for the prior year’s period. James A. Hughes, President and CEO, commented on the financial results: “I am pleased to announce another excellent quarter for Unity, reflecting our increased earnings and revenue growth. Business segments are exhibiting strong performance and are making positive contributions to Unity's overall results. Steady growth in loans and deposits continue to drive core banking earnings and our capital base is on solid footing
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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