Unity Bancorp (UNTY) reported third-quarter 2026 net income of $17.4 million, or $1.70 per diluted share, compared with $14.5 million, or $1.42 per diluted share, in the second quarter.
Net interest income rose to $34.3 million for the quarter ended September 30, 2026, while net interest margin expanded to 4.67%. The company reported a 13.1% effective tax rate, including tax savings from transferable federal and state investment tax credits.
- Quarterly net income was $17.377 million, up 20.1% from $14.472 million in the prior quarter.
- Basic earnings per share were $1.73, compared with $1.44 in the second quarter.
- Total gross loans reached $2.780 billion, up $235.6 million, or 9.3%, from December 31, 2025.
- Total deposits were $2.559 billion, up $235.4 million, or 10.1%, from year-end 2025.
- Nonaccrual assets were $24.1 million as of September 30, down from $31.3 million at December 31, 2025.
- The company increased its third-quarter cash dividend 6% to $0.17 per common share.
$UNTY Insider Trading Activity
$UNTY insiders have traded $UNTY stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $UNTY stock by insiders over the last 6 months:
- GEORGE BOYAN (President) has made 0 purchases and 2 sales selling 7,349 shares for an estimated $434,736.
- MARY E. GROSS sold 2,075 shares for an estimated $116,220
- MARK S BRODY sold 1,600 shares for an estimated $88,376
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$UNTY Hedge Fund Activity
We have seen 82 institutional investors add shares of $UNTY stock to their portfolio, and 47 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 95,603 shares (+inf%) to their portfolio in Q2 2026, for an estimated $5,610,940
- WELLINGTON MANAGEMENT GROUP LLP removed 65,359 shares (-33.4%) from their portfolio in Q2 2026, for an estimated $3,835,919
- BRIDGEWAY CAPITAL MANAGEMENT, LLC removed 50,000 shares (-58.1%) from their portfolio in Q2 2026, for an estimated $2,934,500
- BLACKROCK, INC. added 42,393 shares (+8.3%) to their portfolio in Q2 2026, for an estimated $2,488,045
- AMERICAN CENTURY COMPANIES INC added 35,778 shares (+15.6%) to their portfolio in Q2 2026, for an estimated $2,099,810
- AQR CAPITAL MANAGEMENT LLC added 32,124 shares (+182.3%) to their portfolio in Q2 2026, for an estimated $1,885,357
- TWO SIGMA INVESTMENTS, LP added 27,795 shares (+66.1%) to their portfolio in Q2 2026, for an estimated $1,631,288
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
