Unity Bancorp Announces Second Quarter Dividend

Rhea-AI Summary

Unity Bancorp (NASDAQ: UNTY) declared a cash dividend of $0.16 per common share. The dividend is payable on June 18, 2026 to shareholders of record as of June 4, 2026.

Unity Bancorp is a New Jersey-based financial services company with about $3.0 billion in assets and $2.4 billion in deposits.

AI-generated analysis. Not financial advice.

Positive

• $0.16 cash dividend per common share declared
• Dividend payable on June 18, 2026 to June 4 record holders
• Bank reports approximately $3.0 billion in assets and $2.4 billion in deposits

Negative

• None.

CLINTON, N.J., May 21, 2026 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.16 per common share. Such dividend is payable on June 18, 2026, to shareholders of record as of June 4, 2026.

Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $3.0 billion in assets and $2.4 billion in deposits. Unity Bank, the Company’s wholly owned subsidiary, provides financial services to retail, corporate and small business customers through its robust branch network located in Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union and Warren Counties in New Jersey and Northampton County in Pennsylvania. For additional information about Unity, visit our website at www.unitybank.com, or call 800-618-BANK.

This news release contains certain forward-looking statements, either expressed or implied, which are provided to assist the reader in understanding anticipated future financial performance. These statements may be identified by use of the words “believe”, “expect”, “intend”, “anticipate”, “estimate”, “project” or similar expressions. These statements involve certain risks, uncertainties, estimates and assumptions made by management, which are subject to factors beyond the Company’s control that could impede its ability to achieve these goals. These factors include those items included in our Annual Report on Form 10-K under the heading “Item IA-Risk Factors” as amended or supplemented by our subsequent filings with the SEC, as well as general economic conditions, trends in interest rates, the ability of our borrowers to repay their loans, our ability to manage and reduce the level of our nonperforming assets, results of regulatory exams, and the impact of any health crisis or national disasters on the Bank, its employees and customers, among other factors.

News Media & Financial Analyst Contact:
James Davies
FSVP and Chief Financial Officer
(908) 713-4330

FAQ

What dividend did Unity Bancorp (NASDAQ: UNTY) declare in May 2026?

Unity Bancorp declared a cash dividend of $0.16 per common share. According to Unity Bancorp, the dividend will be paid on June 18, 2026, to shareholders of record on June 4, 2026, offering a cash return for income-focused investors.

When is the record date and payment date for Unity Bancorp's $0.16 dividend?

The record date is June 4, 2026, and the payment date is June 18, 2026. According to Unity Bancorp, shareholders of record on June 4 will receive the $0.16 per share cash dividend on June 18, 2026, via normal distribution channels.

How much will Unity Bancorp shareholders receive from the June 18, 2026 dividend?

Shareholders will receive $0.16 in cash for each common share they own. According to Unity Bancorp, this dividend will be distributed on June 18, 2026, to investors recorded as shareholders by June 4, 2026, based on their then-current shareholdings.

What are Unity Bancorp's asset and deposit levels alongside the 2026 dividend?

Unity Bancorp reports approximately $3.0 billion in assets and $2.4 billion in deposits. According to Unity Bancorp, the bank provides financial services through a branch network across multiple New Jersey counties and Northampton County, Pennsylvania, supporting its capacity to pay the announced dividend.

Where does Unity Bancorp operate the branches supporting its dividend-paying business?

Unity Bancorp operates branches in several New Jersey counties and Northampton County, Pennsylvania. According to Unity Bancorp, its network serves retail, corporate and small business customers in Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union and Warren counties, plus Northampton County.