Unity Bank Recognized Again on Hovde Group’s High-Performer List
Unity Bank (NASDAQ: UNTY) has been named one of the top-performing small banks in the United States by the Hovde Group for the third time. The recognition comes as part of Hovde's 2025 annual ranking of small banks with market capitalizations between $100 million and $1.5 billion.
The evaluation criteria included key financial metrics such as pre-tax pre-provision net revenue, efficiency ratios, loan and deposit growth, tangible book value growth, and employee productivity. James Hughes, President & CEO of Unity Bank, emphasized that this recognition validates their strategy focused on long-term, responsible growth.
Unity Bank (NASDAQ: UNTY) è stata nominata per la terza volta una delle piccole banche più performanti degli Stati Uniti dal Hovde Group. Il riconoscimento fa parte della classifica annuale 2025 di Hovde, che valuta le piccole banche con capitalizzazioni di mercato comprese tra 100 milioni e 1,5 miliardi di dollari.
I criteri di valutazione hanno incluso indicatori finanziari chiave come ricavi netti pre-tasse e pre-accantonamenti, indici di efficienza, crescita di prestiti e depositi, incremento del valore contabile tangibile e produttività dei dipendenti. James Hughes, Presidente e CEO di Unity Bank, ha sottolineato che questo riconoscimento conferma la loro strategia incentrata su una crescita responsabile e a lungo termine.
Unity Bank (NASDAQ: UNTY) ha sido nombrada por tercera vez como uno de los bancos pequeños con mejor desempeño en Estados Unidos por el Hovde Group. Este reconocimiento forma parte del ranking anual 2025 de Hovde, que evalúa bancos pequeños con capitalizaciones de mercado entre 100 millones y 1,5 mil millones de dólares.
Los criterios de evaluación incluyeron métricas financieras clave como ingresos netos antes de impuestos y provisiones, ratios de eficiencia, crecimiento de préstamos y depósitos, aumento del valor contable tangible y productividad de los empleados. James Hughes, presidente y CEO de Unity Bank, destacó que este reconocimiento valida su estrategia enfocada en un crecimiento responsable y sostenible a largo plazo.
Unity Bank (NASDAQ: UNTY)는 Hovde Group으로부터 미국 내 소규모 은행 중 상위권에 세 번째로 선정되었습니다. 이 평가는 시가총액이 1억 달러에서 15억 달러 사이인 소규모 은행을 대상으로 한 Hovde의 2025년 연례 순위의 일부입니다.
평가 기준에는 세전·충당금 전 순수익, 효율성 비율, 대출 및 예금 성장, 유형 장부가치 성장, 직원 생산성과 같은 주요 재무 지표가 포함되었습니다. Unity Bank의 사장 겸 CEO인 James Hughes는 이번 수상이 장기적이고 책임 있는 성장을 목표로 한 그들의 전략을 입증한다고 강조했습니다.
Unity Bank (NASDAQ: UNTY) a été désignée pour la troisième fois comme l'une des petites banques les plus performantes des États-Unis par le Hovde Group. Cette reconnaissance fait partie du classement annuel 2025 de Hovde des petites banques ayant une capitalisation boursière comprise entre 100 millions et 1,5 milliard de dollars.
Les critères d’évaluation comprenaient des indicateurs financiers clés tels que le revenu net avant impôts et provisions, les ratios d’efficacité, la croissance des prêts et des dépôts, l’augmentation de la valeur comptable tangible et la productivité des employés. James Hughes, président et CEO de Unity Bank, a souligné que cette distinction valide leur stratégie axée sur une croissance responsable et durable à long terme.
Unity Bank (NASDAQ: UNTY) wurde zum dritten Mal vom Hovde Group als eine der leistungsstärksten kleinen Banken in den USA ausgezeichnet. Die Anerkennung ist Teil des jährlichen Hovde-Rankings 2025 für kleine Banken mit einer Marktkapitalisierung zwischen 100 Millionen und 1,5 Milliarden US-Dollar.
Die Bewertungskriterien umfassten wichtige Finanzkennzahlen wie Vorsteuer-Nettoeinnahmen vor Rückstellungen, Effizienzquoten, Kredit- und Einlagenwachstum, Wachstum des materiellen Buchwerts und Mitarbeiterproduktivität. James Hughes, Präsident und CEO von Unity Bank, betonte, dass diese Auszeichnung ihre Strategie bestätigt, die auf langfristiges und verantwortungsbewusstes Wachstum ausgerichtet ist.
- Third-time recognition as top-performing small bank by respected financial advisory firm
- Demonstrates sustained excellence in financial performance metrics
- Shows consistent strength in operational efficiency and growth metrics
- None.
Bank earns spot for the third time in annual ranking of top-performing small banks
CLINTON, N.J., April 22, 2025 (GLOBE NEWSWIRE) -- Unity Bank has been named one of the top-performing small banks in the United States by the Hovde Group, a nationally respected financial advisory and research firm. This marks the third time Unity Bancorp, Inc. (NASDAQ: UNTY) has been included in Hovde’s annual high-performer list, underscoring the bank’s sustained excellence in financial management and customer service.
The 2025 edition of Hovde Group’s report evaluates small banks with market capitalizations between
“Being recognized again by the Hovde Group reflects the consistent strength of our strategy, the dedication of our employees, and the continued trust of our customers,” said James Hughes, President & CEO of Unity Bank. “This recognition reinforces our focus on long-term, responsible growth.”
Unity Bank joins a select group of institutions that have been recognized multiple times for outstanding performance in the small bank sector.
More information about the full report and methodology is available through Hovde Group’s research platform or via coverage from financial publications.
About Unity Bancorp, Inc.
Unity Bancorp, Inc. (NASDAQ: UNTY) is the parent company of Unity Bank, a financial services organization based in Clinton, New Jersey. Unity Bank operates 21 branches across New Jersey and the Lehigh Valley, Pennsylvania, offering community-focused commercial banking services, including deposit accounts, loans, and digital services. For details, visit unitybank.com or call 800-618-BANK (800-618-2265). Unity Bank is a member of the Federal Deposit Insurance Corporation (FDIC). To learn about FDIC insurance, visit FDIC.gov.
Contact:
Crystal Rose
Marketing Director
(908) 713-4310
Crystal.Rose@unitybank.com
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