Unity Bancorp Declares Cash Dividend
17 Agosto 2023 - 5:05PM
Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank,
announced that its Board of Directors has declared a cash dividend
of $0.12 per common share. Such dividend is payable on September
22, 2023, to shareholders of record as of September 8, 2023.
Unity Bancorp, Inc. is a financial service organization
headquartered in Clinton, New Jersey, with approximately $2.6
billion in assets and $1.8 billion in deposits. Unity Bank, the
company’s wholly owned subsidiary, provides financial services to
retail, corporate and small business customers through its robust
branch network located in Bergen, Hunterdon, Middlesex, Ocean,
Somerset, Union and Warren Counties in New Jersey and Northampton
County, Pennsylvania. For additional information about Unity, visit
our website at www.unitybank.com , or call 800-618-BANK.
This news release contains certain forward-looking statements,
either expressed or implied, which are provided to assist the
reader in understanding anticipated future financial performance.
These statements may be identified by use of the words “believe”,
“expect”, “intend”, “anticipate”, “estimate”, “project” or similar
expressions. These statements involve certain risks, uncertainties,
estimates and assumptions made by management, which are subject to
factors beyond the Company’s control and could impede its ability
to achieve these goals. These factors include those items included
in our Annual Report on Form 10-K under the heading “Item IA-Risk
Factors” as amended or supplemented by our subsequent filings with
the SEC, as well as general economic conditions, trends in interest
rates, the ability of our borrowers to repay their loans, our
ability to manage and reduce the level of our nonperforming assets,
and results of regulatory exams, and the impact of COVID-19 on the
Bank, its employees and customers, among other factors.
News Media & Financial Analyst Contact:George BoyanEVP and
Chief Financial Officer(908) 713-4565
Unity Bancorp (NASDAQ:UNTY)
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