Unity Bancorp (UNTY) investor relations material

Executive summary

• Reported net income of $14.5 million ($1.42 diluted EPS) for Q2 2026, up from $14.3 million ($1.40 EPS) in Q1 2026 and $14.4 million in Q2 2025.

• Return on average assets was 2.01% and return on average equity was 15.86% for the quarter.

• Strong core operating performance, balanced loan and deposit growth, and robust capital and liquidity levels contributed to results.

Financial highlights

• Net interest income rose to $31.8 million, up $1.1 million sequentially; net interest margin increased 3 bps to 4.56%.

• Noninterest income was $1.9 million, down $1.0 million from Q1 2026 due to unrealized losses and lower loan fee income.

• Noninterest expense decreased to $13.9 million, primarily from lower occupancy and loan-related expenses.

• Effective tax rate was 22.4%, aided by $2.6 million in state tax credits purchased in Q2 2026.

• Book value per share increased to $37.02, up from $34.63 at year-end 2025.

Outlook and guidance

• Management expects continued profitable growth, strong asset quality, and long-term value creation in the second half of 2026.

• Healthy loan pipelines and deposit gathering efforts are expected to support future performance.