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Unity Bancorp - $UNTY STOCK NEWS

Welcome to our dedicated page for Unity Bancorp news (Ticker: $UNTY), a resource for investors and traders seeking the latest updates and insights on Unity Bancorp stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Unity Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Unity Bancorp's position in the market.

Rhea-AI Summary
Unity Bancorp, Inc. reports net income of $9.7 million, or $0.95 per diluted share, for Q2 2023, representing a 5.7% decrease in net income and a 1.0% decrease in net income per diluted share compared to Q1 2023. For the six months ended June 30, 2023, net income was $20.0 million, or $1.91 per diluted share, a 7.7% increase in net income and a 9.8% increase in net income per diluted share compared to the same period in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.37%
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-
Rhea-AI Summary
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2.11%
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none
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Rhea-AI Summary
Daniel Sharabba joins Unity Bank as Senior Vice President/Senior Retail Officer. Sharabba brings banking experience and a background in growing business and consumer relationships. He previously served as Regional Manager/Vice President at Citizens Bank and as Private Client Branch Manager/Vice President at J.P. Morgan Chase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
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management
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Rhea-AI Sentiment
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-0.67%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
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1.14%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
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0.47%
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none
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.89%
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dividends
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Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
2.89%
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buyback
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.81%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.22%
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none
Unity Bancorp

Nasdaq:UNTY

UNTY Rankings

UNTY Stock Data

274.80M
6.22M
28.8%
48.97%
0.99%
Commercial Banking
Finance and Insurance
Link
United States of America
CLINTON

About UNTY

unity bank provides financial services to retail and business customers through our branches located in hunterdon, middlesex, somerset, union and warren counties in new jersey and northampton county in pennsylvania. unity bank is a community-oriented commercial bank offering a variety of accounts, as well as a complete suite of business products and on-line services.