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Unity Bancorp Announces Second Quarter Dividend

1. Unity Bancorp declares a $0.14 cash dividend per share. 2. Dividend payable on June 20, 2025, for shareholders of record by June 6. 3. Company has $2.8 billion in assets and $2.2 billion in deposits. 4. Unity Bank services various customers across multiple New Jersey counties. 5. Forward-looking statements include risks that may affect future performance.

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+0.77%Current Return
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-0.67%S&P 500
$43.0305/22 04:04 PM EDTEvent Start
$43.3605/23 10:27 PM EDTLatest Updated
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FAQ

Why Bullish?

The announcement of a dividend can attract investors and improve stock attractiveness. Historically, dividends can positively impact share price, especially for income-focused investors.

How important is it?

The dividend declaration signals financial health and may enhance investor confidence, making it relevant to UNTY’s price.

Why Short Term?

Immediate investor sentiment may improve due to the dividend announcement, but long-term effects depend on financial stability and growth.

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JPMWFCBAC
May 22, 2025 16:00 ET  | Source: Unity Bancorp, Inc. CLINTON, N.J., May 22, 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 $0.14 per common share. Such dividend is payable on June 20, 2025, to shareholders of record as of June 6, 2025. Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $2.8 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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