3 Bank Stocks With Recent Dividend Increases Worth Considering
Dividend hikes from Unity Bancorp, Stock Yards Bancorp and Chemung Financial highlight their profitability, capital strength and income appeal.
UNTY - Unity Bancorp, Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$68.00
DETAILS
HIGH:
$68.00
LOW:
$68.00
MEDIAN:
$68.00
CONSENSUS:
$68.00
UPSIDE:
14.59%
Stock News
Unity Bancorp Announces 6% Increase in Third Quarter Dividend
CLINTON, N.J., Aug. 20, 2026 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.17 per common share. Such dividend is payable on September 17, 2026, to shareholders of record as of September 3, 2026.
Unity Bancorp, Inc. Mourns the Passing of Director Robert ("Bobby") H. Dallas II
CLINTON, N.J., Aug. 07, 2026 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, today announced with profound sadness the passing of Robert ("Bobby") H. Dallas II. Mr. Dallas was a founding member of the Bank and served on the Company's Board since inception and brother of Chairman David D. Dallas. He played an instrumental role in helping guide Unity from a community bank startup to one of New Jersey's strongest independent banking franchises. His leadership, wisdom, and unwavering commitment to customers, communities, employees, and shareholders helped shape the organization for more than three decades.
Unity Bank Named New Jersey Economic Development Authority Premier Lender
Partnership expands access to capital for small businesses across New Jersey Partnership expands access to capital for small businesses across New Jersey
Unity Bancorp: A Resilient Regional Bank
Unity Bancorp, Inc. remains a quality Hold, with no compelling buy or sell catalyst as 2026 unfolds. Q2 showed strong loan and deposit growth, margin expansion to 4.56%, and resilient asset quality despite minor softening. UNTY trades at a significant premium to book value ($56 vs. $37.02), making shares expensive for new entry.
Compared to Estimates, Unity Bancorp (UNTY) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Unity Bancorp (UNTY) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Unity Bancorp (UNTY) Misses Q2 Earnings and Revenue Estimates
Unity Bancorp (UNTY) came out with quarterly earnings of $1.42 per share, missing the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.2 per share a year ago.
Unity Bancorp Reports Quarterly Earnings of $14.5 Million
CLINTON, N.J., July 14, 2026 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $14.5 million, or $1.42 per diluted share, for the quarter ended June 30, 2026, compared to net income of $14.3 million, or $1.40 per diluted share for the quarter ended March 31, 2026.
Unity Bancorp Remains Cheap Enough To Bank On
Unity Bancorp is maintained as a 'strong buy' due to robust fundamentals, expanding margins, and attractive valuation. UNTY's organic deposit growth, low uninsured deposit ratio (21.6%), and focus on debt reduction and liquidity strengthen its balance sheet. Net interest margin improved to 4.53%, with net profits rising from $11.6M to $14.3M and a low P/E multiple of 9.7.
Unity Bank Appoints Sara M. Sooy and Alfred J.
Unity Bank appoints Sara M. Sooy and Alfred J. Gaburo to its Board, adding strong expertise in banking, governance, real estate finance and public affairs.
Unity Bancorp Announces Second Quarter Dividend
CLINTON, N.J., May 21, 2026 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.16 per common share. Such dividend is payable on June 18, 2026, to shareholders of record as of June 4, 2026.
Here Are Friday’s Top Wall Street Analyst Research Calls: Arista Networks, BWX Technologies, Cisco Systems, Danaher, Doximity, Estee Lauder, Illumina, Texas Roadhouse, Workday, and More
Pre-Market Stock Futures: Futures are trading sharply lower as we get set to end one of the most exciting weeks on Wall Street in 25 years. Positive meetings in China with President Trump, who brought his CEO contingent and Elon Musk, and President Xi, massive upside earnings and forward guidance from an OG tech and... Here Are Friday's Top Wall Street Analyst Research Calls: Arista Networks, BWX Technologies, Cisco Systems, Danaher, Doximity, Estee Lauder, Illumina, Texas Roadhouse, Workday, and More
Unity Bancorp, Inc. (UNTY) Shareholder/Analyst Call Prepared Remarks Transcript
Unity Bancorp, Inc. (UNTY) Shareholder/Analyst Call Prepared Remarks Transcript
Unity Bancorp (UNTY) Surpasses Q1 Earnings and Revenue Estimates
Unity Bancorp (UNTY) came out with quarterly earnings of $1.4 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.13 per share a year ago.
Unity Bancorp Reports Quarterly Earnings of $14.3 Million
CLINTON, N.J., April 14, 2026 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $14.3 million, or $1.40 per diluted share, for the quarter ended March 31, 2026, compared to net income of $15.5 million, or $1.52 per diluted share for the quarter ended December 31, 2025.
Unity Bancorp, Inc. $UNTY Shares Purchased by JPMorgan Chase & Co.
JPMorgan Chase and Co. raised its holdings in Unity Bancorp, Inc. (NASDAQ: UNTY) by 31.4% in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,477 shares of the financial services provider's stock after buying an additional 15,628 shares during the quarter.
Unity Bancorp Stands Out From The Small-Cap Crowd
Unity Bancorp (UNTY) is rated Buy ahead of Q1 2026 earnings, reflecting sector-driven weakness despite strong company fundamentals. UNTY delivered nearly 40% EPS growth in FY 2025, with robust operational metrics that included a Q4 NIM of 4.60% and ROE of 18%. Non-accrual assets doubled year-over-year, driven by one large commercial mortgage, but management expects minimal loss and close monitoring continues.
Unity Bancorp (NASDAQ:UNTY) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why
Unity Bancorp, Inc. (NASDAQ: UNTY - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $51.24 and traded as low as $50.97. Unity Bancorp shares last traded at $51.83, with a volume of 47,348 shares changing hands. Analyst Upgrades and Downgrades
Unity Bancorp Should Enrich Shareholders Moving Forward
Unity Bancorp remains a 'Strong Buy' due to robust fundamentals, expanding margins, and an attractive valuation. Net interest margin reached 4.60% in Q4 2025, significantly above industry averages and continuing to expand. UNTY's asset quality is high, with return on assets at 2.20% and return on equity at 18.08%, both well above peer benchmarks.
Keep An Eye on These 4 Bank Stocks With Recent Dividend Hikes
Banks like CCBG, RRBI, UNTY and SFNC lifted dividends last week, signaling confidence as investors seek steady income amid a volatile market.
Price Targets
Unity Bancorp price target raised to $68 from $65 at Piper Sandler
$68.00
(was $57.94)
Piper Sandler
Unity Bancorp initiated with a Buy at DA Davidson
$68.00
(was $52.56)
D.A. Davidson
Unity Bancorp price target raised to $65 from $64 at Piper Sandler
$65.00
(was $54.01)
Justin Crowley
·
Piper Sandler
Unity Bancorp price target raised to $61 from $60 at Piper Sandler
$61.00
(was $49.31)
Piper Sandler
Piper Sandler Reiterates Overweight Rating on Unity Bancorp (UNTY)
$44.00
(was $35.13)
Justin Crowley
·
Piper Sandler
Janney Montgomery Scott Initiates Coverage On Unity Bancorp with Buy Rating, Announces Price Target of $32
$32.00
(was $26.82)
Janney Montgomery