UNITY BANCORP INC.

Unity Bancorp appointed Sara M. Sooy and Alfred J. Gaburo to the board of directors of Unity Bank. Sooy brings experience in banking, credit risk assessment and commercial real estate finance, while Gaburo has more than 30 years in public affairs, government relations and economic development. The board expansion comes as the stock trades near its 52-week high; Unity also reports 13 consecutive years of dividend increases and revenue growth of nearly 25%. » Więcej na de.investing.com

The board of directors of Unity Bancorp has declared a cash dividend of $0.16 per common share. The dividend will be paid on June 18, 2026 to shareholders of record as of June 4, 2026. Unity Bancorp is the parent company of Unity Bank, with total assets of about $3.0 billion and customer deposits of $2.4 billion. » Więcej na de.investing.com

Unity Bancorp promotes George Boyan to president effective January 1, 2026; he will also join the boards of directors of Unity Bancorp and Unity Bank. James Davies will move up as the new CFO, while CEO James Hughes remains in office and on the board. The bank, with about $2.9 billion in assets, $2.3 billion in deposits and a market capitalization of roughly $478 million, emphasized continuity in leadership; analysts have raised forecasts and Piper Sandler slightly increased its price target. The company also announced a quarterly cash dividend of $0.15 per share; next quarterly results are due January 15, 2026. » Więcej na de.investing.com