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Unity Bancorp Inc. Declares Cash Dividend

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Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, has declared a cash dividend of $0.13 per common share. The dividend will be payable on September 20, 2024, to shareholders of record as of September 6, 2024. Unity Bancorp is a financial services organization based in Clinton, New Jersey, with approximately $2.6 billion in assets and $2.0 billion in deposits. Unity Bank provides financial services to retail, corporate, and small business customers through its branch network in New Jersey and Pennsylvania.

Unity Bancorp, Inc. (NASDAQ: UNTY), la holding di Unity Bank, ha dichiarato un dividendo in contante di $0,13 per azione comune. Il dividendo sarà pagabile il 20 settembre 2024, ai possessori di azioni registrati fino al 6 settembre 2024. Unity Bancorp è un'organizzazione di servizi finanziari con sede a Clinton, nel New Jersey, e dispone di circa $2,6 miliardi in attivi e $2,0 miliardi in depositi. Unity Bank offre servizi finanziari a clienti retail, aziendali e piccole imprese attraverso la sua rete di filiali nel New Jersey e in Pennsylvania.

Unity Bancorp, Inc. (NASDAQ: UNTY), la empresa matriz de Unity Bank, ha declarado un dividendo en efectivo de $0.13 por acción ordinaria. El dividendo se pagará el 20 de septiembre de 2024, a los accionistas registrados hasta el 6 de septiembre de 2024. Unity Bancorp es una organización de servicios financieros con sede en Clinton, Nueva Jersey, con aproximadamente $2.6 mil millones en activos y $2.0 mil millones en depósitos. Unity Bank ofrece servicios financieros a clientes minoristas, corporativos y pequeñas empresas a través de su red de sucursales en Nueva Jersey y Pensilvania.

Unity Bancorp, Inc. (NASDAQ: UNTY), Unity Bank의 모회사,가 보통주당 $0.13의 현금 배당금을 선언했습니다. 이 배당금은 2024년 9월 20일에 지급되며, 2024년 9월 6일 기준 주주에게 해당됩니다. Unity Bancorp는 뉴저지주 클린턴에 위치한 금융 서비스 조직으로 약 $26억의 자산과 $20억의 예금을 보유하고 있습니다. Unity Bank는 뉴저지와 펜실베이니아의 지점 네트워크를 통해 소매, 기업 및 중소기업 고객에게 금융 서비스를 제공합니다.

Unity Bancorp, Inc. (NASDAQ: UNTY), la société mère de Unity Bank, a déclaré un dividende en espèces de 0,13 $ par action ordinaire. Le dividende sera versé le 20 septembre 2024 aux actionnaires enregistrés au 6 septembre 2024. Unity Bancorp est une organisation de services financiers basée à Clinton, dans le New Jersey, avec environ 2,6 milliards de dollars d'actifs et 2,0 milliards de dollars de dépôts. Unity Bank fournit des services financiers aux particuliers, aux entreprises et aux petites entreprises par le biais de son réseau d'agences dans le New Jersey et en Pennsylvanie.

Unity Bancorp, Inc. (NASDAQ: UNTY), die Muttergesellschaft von Unity Bank, hat eine Bargelddividende von $0,13 pro Stammaktie erklärt. Die Dividende wird am 20. September 2024 an Aktionäre ausgezahlt, die am 6. September 2024 im Aktienregister stehen. Unity Bancorp ist eine Finanzdienstleistungsorganisation mit Sitz in Clinton, New Jersey, mit etwa $2,6 Milliarden an Vermögenswerten und $2,0 Milliarden an Einlagen. Unity Bank bietet Finanzdienstleistungen für Privatkunden, Unternehmen und kleine Unternehmen über ihr Filialnetz in New Jersey und Pennsylvania an.

Positive
  • Declared cash dividend of $0.13 per common share
  • Assets of approximately $2.6 billion
  • Deposits of approximately $2.0 billion
  • Extensive branch network across multiple counties in New Jersey and Pennsylvania
Negative
  • None.

CLINTON, N.J., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.13 per common share. Such dividend is payable on September 20, 2024, to shareholders of record as of September 6, 2024.

Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $2.6 billion in assets and $2.0 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 and 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, the impacts of any health crisis or natural disaster, its employees and customers, among other factors.

News Media & Financial Analyst Contact:
George Boyan
EVP and Chief Financial Officer
(908) 713-4565


FAQ

What is the amount of Unity Bancorp's (UNTY) latest dividend?

Unity Bancorp (UNTY) has declared a cash dividend of $0.13 per common share.

When is the payment date for Unity Bancorp's (UNTY) recent dividend?

The dividend is payable on September 20, 2024.

What is the record date for Unity Bancorp's (UNTY) latest dividend?

The record date for the dividend is September 6, 2024.

What are Unity Bancorp's (UNTY) current asset and deposit figures?

Unity Bancorp has approximately $2.6 billion in assets and $2.0 billion in deposits.

Unity Bancorp

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