Unity Bancorp Reports Quarterly Earnings of $14.5 Million
UNITY BANCORP INC /NJ/ (UNTY) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 unty-ex99_1.htm EX-99.1 EX-99.1 Dil. EPS $1.42 $0.02 Q/Q ROE 15.86% 52 bps Q/Q NIM 4.56% 3 bps Q/Q ROA 2.01% 3 bps Q/Q Exhibit 99.1 For Immediate Release News Media & Financial Analyst Contact: Unity Bancorp, Inc. (NASDAQ: UNTY) James Davies, FSVP & CFO July 14, 2026 (9
How this was made
The 30-second read
Why it matters
The filing updates traders on profitability drivers (net interest income and NIM), credit costs (provision for credit losses), asset quality (nonaccrual ratios), funding (deposit growth and composition), and capital adequacy (regulatory ratios).
Market read
Fresh quarterly financial and regulatory-capital datapoints can shift expectations for earnings power and risk for a small-cap bank, especially around NIM sustainability and asset-quality stability.
What to watch
Regulatory capital ratios declined sequentially (CET1, Tier 1, Total Capital), and uninsured/un-collateralized deposits were 21.8% of total deposits, which may matter for funding risk perceptions.
Background
This is Unity Bancorp’s SEC Form 8-K Item 2.02 with an earnings release for the quarter ended June 30, 2026.
Ticker impact
Unity Bancorp reported Q2 net income of $14.5M, diluted EPS $1.42, NIM 4.56%, and loan and deposit growth in its 8-K results release.
Likely modest positive bias if investors focus on net interest income and stable credit performance, but capital ratio declines could temper upside.
The filing includes multiple current-quarter datapoints (income statement, credit provision, nonaccrual ratios, deposit growth, and regulatory capital ratios) that can drive near-term sentiment for a small-cap bank, though no explicit guidance or valuation catalyst is provided.
Market effects
Adds another datapoint on how small regional banks are performing under elevated rates, with NIM holding around mid-4% and credit-loss provision staying contained.
Highlights resilience commentary tied to New Jersey housing and community banking demand, relevant to NJ-focused lenders.
Limited; this is company-specific earnings and balance-sheet reporting with no cross-border policy or macro shock.
Counterpoint
Noninterest income fell sharply (down $1.0M) due to larger unrealized losses tied to a Patriot National Bancorp investment, which could signal mark-to-market pressure even if credit costs remain contained.
Key entities
- public_companyUnity Bancorp, Inc.
Parent company of Unity Bank, NASDAQ-listed, reporting Q2 2026 results and balance-sheet and capital metrics.
- public_companyPatriot National Bancorp, Inc.
Unity held ~2.2M shares; its subsequent OCC agreement termination and new office were noted as not impacting Q2 results.
