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Unity Bancorp: Q2 Earnings Snapshot

AP - Contributor Content

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CLINTON, N.J. (AP) — CLINTON, N.J. (AP) — Unity Bancorp Inc. (UNTY) on Tuesday reported net income of $16.5 million in its second quarter.

The bank, based in Clinton, New Jersey, said it had earnings of $1.61 per share. Earnings, adjusted for non-recurring gains, came to $1.20 per share.

The bank holding company posted revenue of $48.4 million in the period. Its revenue net of interest expense was $34.4 million, exceeding Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNTY at https://www.zacks.com/ap/UNTY

Related Symbols

Symbol Last Chg %Chg
UNTY 51.87 -0.13 -0.25%
Unity Bancorp Inc

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