Unity Bancorp reports USD 17.4 million profit. Unity Bancorp stock has USD 558.1 million value

Published on 10/20/2026 at 14:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter net interest margin reached 4.67 percent as net interest income rose to USD 34.3 million. Unity Bancorp stock costs EUR 49.45 on October 20, 2026.

Bank earnings and leadership dates

Third-quarter net income rose 20.1 percent quarter over quarter in 2026.
Net interest income reached USD 34.3 million in the third quarter of 2026.
Unity Bancorp stock trades at EUR 49.45 at 2:02 p.m. CEST at Lang & Schwarz on October 20, 2026.

UNTY, US9132901029, Illustration mit AI erstellt.

Unity Bancorp (ISIN US9132901029) reported USD 17.4 million in third-quarter net income on October 13, 2026, up 20.1 percent from the second quarter, according to Unity Bank. The result puts loan growth, margin expansion and a one-time tax benefit at the center of the investor debate.

Profit growth came with a tax benefit

The company said diluted earnings reached USD 1.70 per share for the quarter ended September 30, 2026, compared with USD 1.42 in the second quarter. Net interest income rose to USD 34.3 million from USD 31.8 million, while net interest margin expanded to 4.67 percent from 4.56 percent.

The earnings quality deserves attention. Unity purchased USD 27.6 million of transferable federal investment tax credits and USD 0.6 million of state tax credits in the third quarter, generating USD 2.6 million of tax savings. The effective tax rate fell to 13.1 percent from 22.4 percent in the prior quarter, according to the StockTitan filing.

What drives the margin?

The operating answer is loan growth. Gross loans reached USD 2.780 billion as of September 30, 2026, up 9.3 percent from December 31, 2025, while deposits rose 10.1 percent to USD 2.559 billion. That balance-sheet expansion supported the higher net interest income, although year-to-date noninterest income fell 34.2 percent to USD 7.156 million.

Credit quality offered a counterweight to the tax-driven earnings boost. Nonaccrual assets stood at USD 24.1 million on September 30, 2026, down from USD 31.3 million at December 31, 2025. The allowance for credit losses equaled 1.28 percent of gross loans, giving the results a measurable risk-control dimension.

Leadership dates set for 2027

The next two company dates concern management succession. CEO James A. Hughes is scheduled to retire on March 31, 2027, and President George Boyan is planned to become CEO on April 1, 2027, according to the October 13 filing. The transition adds continuity to the earnings story, but it also gives investors a specific execution milestone beyond the third-quarter numbers.

Stock valuation and trading context

Unity Bancorp has a market capitalization of USD 558.1 million as of October 19, 2026. Its primary listing is Nasdaq, where the stock was last at USD 55.57 on October 19, 2026 at 4:00 p.m. ET after regular trading. The euro quotation gives German investors a separate trading reference, while the operating figures remain reported in USD.

Unity Bancorp was trading at EUR 49.45 at Lang & Schwarz on October 20, 2026 at 2:02 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Unity Bancorp stock.