For Q1 FY2026 ended March 31, 2026, Unity Bancorp reported net income of $14.3 million, up 23.2% year-over-year. Diluted EPS was $1.40, an increase of 23.9% from the prior year. Total equity stood at $358.1 million.
•Net income rose 23.2% YoY to $14.3 million.
•Diluted EPS increased 23.9% to $1.40.
•Equity totaled $358.1 million at quarter end.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Unity Bancorp is the bank holding company for Unity Bank that provides commercial and retail banking services. It offers personal and business checking, money market, savings, retirement, money market accounts, as well as time and noninterest and interest-bearing demand deposits
Commercial, small business administration, consumer, mortgage, and home equity and personal loans; and owner and non-owner-occupied commercial mortgages. Additionally, it is involved in the residential construction, commercial, and industrial lending activities secured by business assets, including real estate, receivables, inventory, and equipment
Credit and debit cards, wire transfers, safe deposit boxes, automated teller, and internet and mobile banking services. Its portfolio also includes automated clearing house origination and remote deposit capture services, and business services, such as escrow account, merchant, and online services. Founded in 1991, Unity Bancorp is headquartered in Clinton, New Jersey.
Unity Bancorp, Inc. is the bank holding company for Unity Bank, which provides a range of commercial and retail banking services. The bank offers personal and business checking accounts, money market accounts, savings accounts, retirement accounts, and time deposits. On the lending side, it provides commercial loans, small business administration (SBA) loans, consumer loans, mortgage loans, home equity loans, and personal loans. It also engages in residential construction, commercial, and industrial lending, secured by business assets such as real estate, receivables, inventory, and equipment. Additional services include credit and debit cards, wire transfers, safe deposit boxes, automated teller services, and internet and mobile banking. For businesses, it offers automated clearing house (ACH) origination, remote deposit capture, escrow accounts, merchant services, and online services.
Where is Unity Bancorp (UNTY) listed and in which currency?
Unity Bancorp, Inc. is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol UNTY. The company's financials and stock trades are denominated in US Dollars (USD). As a US-based company, its primary operating currency is the US dollar, and all financial reporting is conducted in USD. Investors trading shares of UNTY on the Nasdaq exchange will transact in US dollars.
What sector and industry does Unity Bancorp (UNTY) belong to?
Unity Bancorp, Inc. operates in the Financial Services sector, specifically within the Banks - Regional industry. This classification indicates that the company is a regional bank holding company, focusing on providing traditional banking services to individuals and businesses in its local markets. Regional banks like Unity typically offer a mix of retail and commercial banking products, including deposits, loans, and other financial services, and they often have a strong presence in specific geographic areas. Unity Bank, the subsidiary, serves customers primarily in New Jersey and surrounding regions.
Where is Unity Bancorp headquartered and what markets does it serve?
Unity Bancorp, Inc. is headquartered in Clinton, New Jersey, United States. The company serves customers primarily in the state of New Jersey and surrounding areas through its subsidiary, Unity Bank. Founded in 1991, the bank has built a presence in the region by offering a full suite of banking services to both individuals and businesses. Its services are tailored to the local community, including commercial lending, small business administration loans, and residential mortgages. The bank also provides digital banking services, such as internet and mobile banking, to reach customers beyond its physical branch locations.
How does Unity Bancorp (UNTY) generate revenue?
Unity Bancorp generates revenue primarily through net interest income from its lending and deposit activities. The bank earns interest on loans it originates, including commercial loans, SBA loans, consumer loans, mortgages, home equity loans, and construction loans. It also earns interest on securities and other investments. On the deposit side, it offers various accounts such as checking, savings, money market, and time deposits, which provide a low-cost funding source. Additionally, the bank generates non-interest income from fees and service charges, including fees from credit and debit cards, wire transfers, safe deposit boxes, ATM services, and business services like ACH origination, remote deposit capture, escrow accounts, and merchant services. This diversified revenue stream supports the bank's profitability.