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Unity Bancorp: Q1 Earnings Snapshot

April 16, 2021 GMT

CLINTON, N.J. (AP) _ Unity Bancorp Inc. (UNTY) on Thursday reported first-quarter earnings of $8.5 million.

The Clinton, New Jersey-based bank said it had earnings of 80 cents per share.

The bank holding company posted revenue of $24.3 million in the period. Its revenue net of interest expense was $21.7 million, which did not meet Street forecasts.

Unity Bancorp shares have risen 18% since the beginning of the year. The stock has increased 77% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNTY at https://www.zacks.com/ap/UNTY