Press Releases May 21, 2026 04:01 PM

Unity Bancorp Announces Second Quarter Dividend

Unity Bancorp Declares $0.16 Per Share Second Quarter Dividend

By Ajmal Hussain
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Unity Bancorp, Inc., a financial services company based in New Jersey, announced a cash dividend of $0.16 per common share for the second quarter, payable June 18, 2026, to shareholders of record as of June 4, 2026. The company operates Unity Bank, serving retail, corporate, and small business customers across New Jersey and Pennsylvania with approximately $3 billion in assets.

Unity Bancorp Announces Second Quarter Dividend
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Key Points

  • Declaration of a $0.16 per share cash dividend for Q2 2026 reflects company profitability and shareholder returns.
  • Unity Bancorp operates a bank network serving several counties in New Jersey and Northampton County, Pennsylvania, indicating a regional banking focus.
  • The company holds approximately $3.0 billion in assets and $2.4 billion in deposits, highlighting its size and market presence in the regional banking sector.

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


Risks

  • Economic conditions and trends in interest rates could negatively impact the company's financial performance.
  • Ability of borrowers to repay loans may influence asset quality and profitability, affecting banking operations.
  • Regulatory examinations and external events such as health crises or national disasters pose uncertainties to business continuity and operational stability.

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