Unity Bancorp declares a $0.15 cash dividend, payable December 19, 2025, to shareholders of record by December 5, 2025.
Quiver AI Summary
Unity Bancorp, Inc., headquartered in Clinton, New Jersey, has declared a cash dividend of $0.15 per common share, set to be paid on December 19, 2025, to shareholders on record as of December 5, 2025. The company, which operates Unity Bank, manages approximately $2.9 billion in assets and $2.3 billion in deposits, serving retail, corporate, and small business customers across multiple counties in New Jersey and Pennsylvania. The announcement includes forward-looking statements regarding the company's financial performance, acknowledging risks and uncertainties that may affect its future goals, as detailed in their SEC filings. For more information, investors can visit Unity's website or contact their financial department.
Potential Positives
- Declaration of a cash dividend of $0.15 per common share demonstrates financial stability and commitment to returning value to shareholders.
- The dividend payment date and record date provide clarity to shareholders, promoting investor confidence in the company's financial practices.
- Unity Bancorp's solid asset base of approximately $2.9 billion and significant deposit levels of $2.3 billion highlight its strength in the financial sector.
Potential Negatives
- The announcement of a cash dividend may signify that the company has limited growth opportunities to reinvest profits, indicating potential challenges in expanding operations.
- The mention of various risks and uncertainties in forward-looking statements highlights vulnerabilities that could negatively impact future performance and investor confidence.
- The need to disclose risks such as nonperforming assets and economic conditions may raise concerns about the company's financial stability and operational resilience.
FAQ
What is the declared cash dividend for Unity Bancorp in 2025?
Unity Bancorp has declared a cash dividend of $0.15 per common share.
When will the cash dividend be payable?
The cash dividend will be payable on December 19, 2025.
Who are the shareholders eligible for the dividend?
Shareholders of record as of December 5, 2025, are eligible for the dividend.
What financial services does Unity Bank provide?
Unity Bank offers financial services to retail, corporate, and small business customers.
Where is Unity Bancorp headquartered?
Unity Bancorp is headquartered in Clinton, New Jersey.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$UNTY Insider Trading Activity
$UNTY insiders have traded $UNTY stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $UNTY stock by insiders over the last 6 months:
- JAMES JOSEPH DONOVAN (Chief Lending Officer/FSVP) sold 167 shares for an estimated $8,065
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$UNTY Hedge Fund Activity
We have seen 67 institutional investors add shares of $UNTY stock to their portfolio, and 59 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BANC FUNDS CO LLC removed 83,000 shares (-15.8%) from their portfolio in Q3 2025, for an estimated $4,056,210
- SEGALL BRYANT & HAMILL, LLC removed 36,676 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $1,792,356
- BLACKROCK, INC. removed 30,840 shares (-5.7%) from their portfolio in Q3 2025, for an estimated $1,507,150
- CITADEL ADVISORS LLC removed 29,674 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $1,397,051
- TWO SIGMA INVESTMENTS, LP added 27,340 shares (+115.9%) to their portfolio in Q3 2025, for an estimated $1,336,105
- AMERICAN CENTURY COMPANIES INC added 24,791 shares (+15.2%) to their portfolio in Q3 2025, for an estimated $1,211,536
- MORGAN STANLEY added 21,514 shares (+23.6%) to their portfolio in Q3 2025, for an estimated $1,051,389
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$UNTY Analyst Ratings
Wall Street analysts have issued reports on $UNTY in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Piper Sandler issued a "Overweight" rating on 10/15/2025
- Keefe, Bruyette & Woods issued a "Outperform" rating on 07/18/2025
To track analyst ratings and price targets for $UNTY, check out Quiver Quantitative's $UNTY forecast page.
$UNTY Price Targets
Multiple analysts have issued price targets for $UNTY recently. We have seen 2 analysts offer price targets for $UNTY in the last 6 months, with a median target of $62.0.
Here are some recent targets:
- Justin Crowley from Piper Sandler set a target price of $61.0 on 10/15/2025
- David Konrad from Keefe, Bruyette & Woods set a target price of $63.0 on 07/18/2025
Full Release
CLINTON, N.J., Nov. 20, 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 December 19, 2025, to shareholders of record as of December 5, 2025.
Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $2.9 billion in assets and $2.3 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 Boyan
EVP and Chief Financial Officer
(908) 713-4565