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Sports| 4/9/2026, 5:08:42 AM

Unity Bancorp Set to Announce Q1 2026 Earnings: What to Expect

Unity Bancorp Set to Announce Q1 2026 Earnings: What to Expect

Unity Bancorp, a leading financial services provider, is scheduled to release its Q1 2026 earnings report on Friday, April 10th, before the market opens. The report is highly anticipated by investors and analysts, as it will provide insight into the company's performance and future prospects. According to analyst expectations, Unity Bancorp is expected to announce earnings of $1.37 per share and revenue of $33.59 million for the quarter.

The company's previous quarterly earnings results, released on January 13th, showed a strong performance, with the financial services provider reporting $1.41 EPS for the quarter, surpassing analysts' consensus estimates of $1.35 by $0.06. Unity Bancorp also reported a net margin of 30.76% and a return on equity of 15.88%. The firm's revenue for the quarter was $33.70 million, exceeding analysts' expectations of $33.39 million.

Unity Bancorp's stock has been performing well, with the company's shares opening at $55.67 on Thursday. The company has a 12-month low of $38.01 and a 12-month high of $57.30. The company's current ratio is 1.16, and its debt-to-equity ratio is 0.77. The stock has a market cap of $557.81 million, a PE ratio of 9.82, and a beta of 0.64.

The company recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, March 6th received a dividend of $0.16 per share, representing a $0.64 dividend on an annualized basis and a dividend yield of 1.1%. This is an increase from the company's previous quarterly dividend of $0.15. Unity Bancorp's dividend payout ratio is currently 11.29%.

In other news, several insiders have sold shares of the company's stock in recent transactions. SVP Minsu Kim sold 750 shares of the business's stock in a transaction dated Thursday, January 15th, at an average price of $56.13, for a total value of $42,097.50. Director Robert H. Dallas II also sold 7,725 shares of the business's stock in a transaction that occurred on Friday, March 13th, at an average price of $49.60, for a total transaction of $383,160.00.

Institutional investors and hedge funds have also been active in the company's stock. Price T Rowe Associates Inc. MD purchased a new position in Unity Bancorp in the fourth quarter worth $230,000. Franklin Resources Inc. grew its holdings in Unity Bancorp by 10.8% in the fourth quarter, purchasing an additional 480 shares during the last quarter. Verition Fund Management LLC and Creative Planning also acquired new positions in Unity Bancorp during the third quarter, valued at approximately $261,000 and $244,000, respectively.

As Unity Bancorp prepares to release its Q1 2026 earnings report, investors and analysts will be closely watching the company's performance and future prospects. With a strong track record of delivering solid earnings results, Unity Bancorp is well-positioned for continued growth and success in the financial services industry.

The company's upcoming earnings report will provide valuable insight into its current performance and future prospects. Investors will be looking for signs of continued growth and stability, as well as any potential challenges or risks that the company may face. With a diverse range of financial services and a strong commitment to its customers, Unity Bancorp is well-positioned to continue delivering strong results and driving long-term growth.

In conclusion, Unity Bancorp's Q1 2026 earnings report is highly anticipated by investors and analysts. With a strong track record of delivering solid earnings results, the company is well-positioned for continued growth and success in the financial services industry. As the company prepares to release its earnings report, investors will be closely watching its performance and future prospects, looking for signs of continued growth and stability.

Summary Points

01

Unity Bancorp is scheduled to release its Q1 2026 earnings report on Friday, April 10th, before the market opens.

02

Analysts expect the company to announce earnings of $1.37 per share and revenue of $33.59 million for the quarter.

03

The company's previous quarterly earnings results showed a strong performance, with the financial services provider reporting $1.41 EPS for the quarter.

04

Unity Bancorp's stock has been performing well, with the company's shares opening at $55.67 on Thursday.

05

The company recently declared a quarterly dividend, which was paid on Friday, March 20th, representing a $0.64 dividend on an annualized basis and a dividend yield of 1.1%.