Unity Bancorp Reports Quarterly Earnings of $16.5 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 15 2025
0mins
Source: Newsfilter
Financial Performance: Unity Bancorp, Inc. reported a net income of $16.5 million for Q2 2025, up from $11.6 million in Q1 2025, with significant contributions from one-time gains related to securities sales and credit loss releases. For the first half of 2025, net income reached $28.1 million compared to $19.0 million in the same period of 2024.
Future Outlook: The company remains optimistic about growth due to strong loan demand and stable economic conditions, anticipating potential rate cuts that could further enhance economic performance in the second half of the year.
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Analyst Views on UNTY
Wall Street analysts forecast UNTY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for UNTY is 60.50 USD with a low forecast of 60.00 USD and a high forecast of 61.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 53.080
Low
60.00
Averages
60.50
High
61.00
Current: 53.080
Low
60.00
Averages
60.50
High
61.00
About UNTY
Unity Bancorp, Inc. is a bank holding company that serves as a holding company for Unity Bank (the Bank). The primary activity of the Company is ownership and supervision of the Bank. The Bank, the Company’s wholly-owned subsidiary, provides financial services to retail, corporate and small business customers through its branch network located in Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union and Warren Counties in New Jersey and Northampton County in Pennsylvania. The Bank conducts a traditional and community-oriented commercial banking business and offers services, including personal and business checking accounts, time deposits, money market accounts, savings accounts, credit cards, debit cards, wire transfers, safe deposit boxes, access to automated teller services, and Internet and mobile banking, typical of a community banking business. The Bank also offers retirement accounts, automated clearing house (ACH) origination and remote deposit capture (RDC).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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