Unity Bancorp Reports 59.4% Increase in Quarterly Earnings and 64.6% Increase in Year to Date Earnings
PR Newswire - Thu Oct 23, 5:00AM CDT
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income available to common shareholders of $1.9 million, or $0.24 per diluted share, for the three months ended September 30, 2014, a 59.4% increase compared to net income available to common shareholders of $1.2 million, or $0.15 per diluted share, for the same period a year ago. Return on average assets and average common equity for the quarter were 0.82% and 11.89%, respectively, compared to 0.62% and 8.25% for the same period a year ago.
UNTY: 9.00 (unch)
Unity Bancorp announces dividend of USD0.03 per share
M2 - Fri Aug 29, 3:49AM CDT
Unity Bancorp Inc (NASDAQ:UNTY), the parent company of Unity Bank, disclosed on Thursday that its board of directors authorised a common stock cash dividend of USD0.03 per share.
UNTY: 9.00 (unch)
Unity Bancorp Announces Completion of $6.3 Million Rights Offering; Offering Oversubscribed
PR Newswire - Thu Aug 28, 2:50PM CDT
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced today that it had successfully completed the sale of 760,713 common shares in its ten for one rights offering. The common shares in the offering were sold at a price of $8.30 per share, representing gross proceeds to the Company of $6.3 million, the maximum offered. The offering was significantly oversubscribed as $16.0 million was collected. The excess will be returned promptly to shareholders as directed by the Board of Directors. All shareholders exercising their basic subscription right will receive the shares they subscribed for. Unity Bancorp's Pro Forma Tier 1 Leverage Capital, Tier 1 Risk Based Capital and Total Risk Based Capital as of June 30, 2014 were 7.85, 10.40 and 12.91, respectively; an increase of 64 basis points, 89 basis points and 89 basis points, respectively.
UNTY: 9.00 (unch)
Unity Bancorp Declares Cash Dividend
PR Newswire - Thu Aug 28, 2:00PM CDT
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.03 per common share. Such dividend is payable on September 26, 2014, to shareholders of record as of September 12, 2014.
UNTY: 9.00 (unch)
Nasdaq stocks posting largest volume decreases
AP - Thu Aug 21, 5:08PM CDT
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
DNBF: 22.00 (+0.25), ASUR: 5.05 (+0.15), NVSL: 8.00 (-0.01), UNTY: 9.00 (unch), SLTC: 5.42 (-0.05), JAXB: 11.75 (-0.15), ONFC: 13.00 (-0.11), PBCP: 9.89 (-0.36), OBAS: 7.25 (+0.17), MFNC: 10.75 (unch)
Unity Bancorp Extends Rights Offering Until August 22, 2014
PR Newswire - Thu Aug 07, 2:15PM CDT
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced today that it has extended the expiration date of its previously announced rights offering to 5:00 p.m., Eastern Time, on August 22, 2014. This extension is being offered to ensure adequate time for stockholders to make their investment decision.
UNTY: 9.00 (unch)
Unity Bancorp Reports 73.2% Increase in Quarterly Earnings and 68.2% Increase in Six Month Earnings
PR Newswire - Thu Jul 24, 5:00AM CDT
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income available to common shareholders of $1.5 million, or $0.20 per diluted share, for the three months ended June 30, 2014, a 73.2% increase compared to net income available to common shareholders of $882 thousand, or $0.11 per diluted share, for the same period a year ago. Return on average assets and average common equity for the quarter were 0.68% and 10.31%, respectively, compared to 0.67% and 6.11% for the same period a year ago.
UNTY: 9.00 (unch)
Unity Bancorp Announces Commencement of $6.2 Million Rights Offering
PR Newswire - Mon Jun 30, 3:45PM CDT
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced today that it has commenced its previously disclosed rights offering. On or about July 7, 2014, the Company will distribute to holders of its common stock 1 right for each share of common stock owned as of June 26, 2014. Each subscription right will entitle its holder to purchase 0.10 shares of common stock of the Company at a subscription price of $8.30 per share.
UNTY: 9.00 (unch)
Unity Bank Launches Unity Financial Services To Provide Customers Investment Options
PR Newswire - Thu Mar 06, 10:30AM CST
Unity Bank has introduced Unity Financial Services, a division of the bank to offer customers a comprehensive range of investment products and services. Robert H. Junge of Lebanon, a Certified Financial Planner with 25 years of experience, has joined the bank as Program Manager, to manage investment services.
UNTY: 9.00 (unch)
Unity Bancorp Reports 66.8% Increase in Quarterly Earnings And 56.2% Increase in Annual Earnings
PR Newswire - Thu Jan 30, 5:00AM CST
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income available to common shareholders of $1.3 million, or $0.17 per diluted share, for the three months ended December 31, 2013, a 66.8% increase compared to $759 thousand, or $0.10 per diluted share, for the same period a year ago. Return on average assets and average common equity for the quarter were 0.57% and 8.87%, respectively, compared to 0.57% and 5.34% for the same period a year ago.
UNTY: 9.00 (unch)
Nasdaq stocks posting largest percentage decreases
AP - Tue Sep 10, 12:17PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at 1 p.m.:
URBN: 31.64 (-0.39), PRGN: 3.42 (-0.14), NBIX: 19.14 (-0.14), HDS: 28.25 (-0.15), EDGW: 7.35 (unch), CCXI: 5.04 (-0.09), UNTY: 9.00 (unch), CVV: 11.31 (-0.22)
Unity Bancorp Rings The NASDAQ Stock Market Closing Bell, Marking 15 Years on the Stock Exchange
PR Newswire - Tue Sep 03, 3:00PM CDT
Unity Bancorp President & CEO James A. Hughes rang The NASDAQ Stock Market Closing Bell in Times Square on Thursday, August 22, marking 15 years that Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, has been listed on the exchange and highlighting several financial milestones achieved during 2013.
UNTY: 9.00 (unch)