Unity Bancorp Q1 Net Income $14.3M, EPS $1.40

Unity Bancorp, Inc. reported net income of $14.3 million, or $1.40 per diluted share, for the first quarter ended March 31, 2026. This represents a 23.2% increase in net income compared to the same period last year. The company achieved solid organic growth, with gross loans increasing by $56.9 million (2.2%) and total customer deposits growing by $58.7 million (2.9%) from year-end 2025, highlighting strong profitability and balance sheet strength.