News & Videos - UNITY BANCORP INC.

CLINTON, N.J., Jan. 26, 2017 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, reported increased quarterly and year-to-date earnings. Major contributing factors included strong loan growth, increased levels of noninterest income, expense control and improved credit quality. Net income was $3.2 million, or $0.32 per diluted share, for the three months ended December 31, 2016, a 19.7% increase compared to net income of $2.6 million, or $0.28 per diluted share,...

CLINTON, N.J., Dec. 08, 2016 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced today that it had successfully completed an at the market common stock issuance. A total of 1,068,400 common shares were sold at a weighted average price of $14.04 per share, representing gross proceeds to the Company of $15.0 million. Net proceeds from the transaction, after the sales commission and other expenses, are expected to be approximately $14.5 million. Unity...

CLINTON, N.J., Nov. 18, 2016 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.05 per common share. Such dividend is payable on December 30, 2016, to shareholders of record as of December 16, 2016. Unity Bancorp, Inc. is a financial service organization headquartered in Clinton, New Jersey, with approximately $1.2 billion in assets and $933 million in deposits. Unity Bank provides...

CLINTON, N.J., Oct. 25, 2016 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, reported increased quarterly and year-to-date earnings. Major contributing factors included strong loan growth, expanded net interest margin, increased levels of noninterest income and expense control. Net income was $3.0 million, or $0.32 per diluted share, for the three months ended September 30, 2016, an 18.4% increase compared to net income of $2.6 million, or $0.27 per diluted...