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Unity Bancorp Announces 7% Increase in Third Quarter Dividend

1. Unity Bancorp declared a cash dividend of $0.15 per share. 2. Dividend payable on September 19, 2025, to shareholders of record as of September 5. 3. CEO indicates confidence in earnings strength and growth trajectory. 4. Unity Bancorp has approximately $2.9 billion in assets and $2.2 billion in deposits. 5. Forward-looking statements highlight uncertainties that may affect performance.

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FAQ

Why Bullish?

The dividend declaration indicates financial health and a positive outlook. Historically, similar announcements have led to stock price increases in the banking sector.

How important is it?

The dividend reflects strong company fundamentals, which typically boosts investor sentiment. Investors often react positively to dividends, providing immediate price support.

Why Short Term?

The immediate effect will be observed around the dividend payment date. However, the impact may diminish over time as other market factors come into play.

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BKUSNTRSIUSB
CLINTON, N.J., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.15 per common share. Such dividend is payable on September 19, 2025, to shareholders of record as of September 5, 2025. “The increase in our quarterly dividend reflects our continued confidence on Unity Bancorp’s earnings strength and long-term growth trajectory. We remain committed to delivering consistent shareholder returns while maintaining a disciplined and conservative approach to capital management.” – James A. Hughes, President & CEO of Unity Bancorp, Inc. Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $2.9 billion in assets and $2.2 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:George BoyanEVP and Chief Financial Officer(908) 713-4565

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