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Unity Bancorp reports Q3 net income of $17.4M, or $1.70 per diluted share

UNTYUnity Bancorp Inc

Unity Bancorp reported net income of $17.4 million, or $1.70 per diluted share, for the quarter ended September 30, 2026, compared to $14.5 million, or $1.42 per diluted share, in the prior quarter. Net interest income rose $2.5 million to $34.3 million as net interest margin expanded 11 basis points to 4.67%. The company also announced that CEO James A. Hughes will retire on March 31, 2027, with President George Boyan succeeding him effective April 1, 2027. Unity Bancorp is a financial services organization headquartered in Clinton, New Jersey.

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