Unity Bancorp posts $14.5 million quarterly profit

• Unity Bancorp reported second-quarter net income of $14.5 million, or $1.42 per diluted share.
• The latest available UNTY price was up 1.3% at $57.35 before post-announcement trading began.
• The bank reported a 4.56% net interest margin, supported by balanced loan and deposit growth.

Unity Bancorp (NASDAQ:UNTY) reported second-quarter net income of $14.5 million, or $1.42 per diluted share, compared with US$14.3 million and US$1.40 in the previous quarter.

The result remained below the $16.5 million reported in 2Q25, which included $5.5 million of pre-tax one-time benefits, while first-half 2026 profit increased to $28.8 million from $28.1 million.

Unity generated a 2.01% return on average assets, a 15.86% return on average equity and a 4.56% net interest margin during the quarter.

The company attributed its performance to balanced loan and deposit growth, while reporting approximately $3.2 billion in assets and $2.5 billion in deposits.

Unity entered the quarter after reporting $14.3 million in first-quarter profit, a 4.53% net interest margin, $56.9 million of loan growth and US$55.1 million of deposit growth from year-end 2025.

The bank serves retail, small-business and corporate customers through branches across New Jersey and Pennsylvania’s Lehigh Valley and declared a US$0.16 second-quarter dividend in May.