Unity Bancorp Q1 EPS $1.40 Beats Estimates

Unity Bancorp posted adjusted EPS $1.40 for Q1 2026, topping the $1.37 consensus estimate.
Revenue reached $33.61 million, slightly above the $33.39 million forecast, while net income rose 23.2% YoY to $14.3 million.
Loans grew $56.9 million (2.2%) and deposits increased $58.7 million (2.9%) indicating healthy demand in core markets.
CEO James A. Hughes highlighted solid profitability, organic growth and a new online banking platform rollout.