Unity Bancorp Reports Quarterly Earnings of $9.9 Million
For the nine months ended September 30, 2023, Unity reported net income of $29.9 million or $2.88 per diluted share, compared to net income of $28.5 million or $2.67 per diluted share for the nine months ended September 30, 2022.
- For the nine months ended September 30, 2023, Unity reported net income of $29.9 million or $2.88 per diluted share, compared to net income of $28.5 million or $2.67 per diluted share for the nine months ended September 30, 2022.
- This represents a 5.0% increase in net income and a 7.9% increase in net income per diluted share.
- For the quarter, we achieved $9.9 million of net income, or $0.97 per diluted share.
- Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $2.6 billion in assets and $1.9 billion in deposits.