CEO James A. Hughes cited balanced loan and deposit growth, strong capital and liquidity, healthy loan pipelines, and improving deposit-gathering momentum.
Management said it remains encouraged by New Jersey economic and housing-market resilience, with stable home values and continued demand for residential and commercial banking.
Second-quarter results
Unity Bancorp posted net income of $14.5 million, or $1.42 per diluted share, for the quarter ended June 30, 2026.
That edged up from $14.3 million, or $1.40 per diluted share, in the quarter ended March 31, 2026.
Return on average assets was 2.01% while return on average equity was 15.86%, with net interest margin at 4.56%.
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