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Banking industry

Unity Bancorp Announces Second Quarter Dividend

Strategic Insights

— 1 min read

Unity Bancorp, Inc., the parent company of Unity Bank, has declared a cash dividend of $0.14 per common share, payable on June 20, 2025, to shareholders of record as of June 6, 2025. This dividend declaration underscores the company's commitment to delivering value to its shareholders. With approximately $2.8 billion in assets and $2.2 billion in deposits, Unity Bancorp operates a robust financial services organization in New Jersey and Pennsylvania, providing financial services to retail, corporate, and small business customers through its branch network.

Key Takeaways:

  • Unity Bancorp declared a cash dividend of $0.14 per common share, payable on June 20, 2025, to shareholders of record as of June 6, 2025.
  • The dividend is a result of the company's commitment to delivering value to its shareholders and its robust financial health.
  • Unity Bancorp has approximately $2.8 billion in assets and $2.2 billion in deposits, demonstrating its stability in the financial services industry.
  • The company provides financial services to retail, corporate, and small business customers through its extensive branch network in New Jersey and Pennsylvania.
  • Unity Bank, Unity Bancorp's wholly owned subsidiary, has a strong presence in the region, with a focus on meeting the financial needs of its customers.
  • George Boyan, EVP and Chief Financial Officer, can be reached at (908) 713-4565 for news media and financial analyst inquiries.

Statistics:

  • Dividend amount: $0.14 per common share
  • Payable date: June 20, 2025
  • Record date: June 6, 2025
  • Assets: approximately $2.8 billion
  • Deposits: approximately $2.2 billion
  • Branch network: extends to Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union, and Warren counties in New Jersey, and Northampton County in Pennsylvania

Sources:

  • GlobeNewswire (2025, May 22) "Unity Bancorp, Inc. Declares Dividend on Common Stock"
  • Unity Bancorp, Inc.
  • SEC filings (Annual Report on Form 10-K, Item IA-Risk Factors, and subsequent filings)

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