Unity Bancorp reports Q3 EPS $1.07, consensus 95c

James Hughes, President and CEO, commented on the financial results: “We are excited to announce the highest quarterly earnings results in the Unity Bancorp Inc.’s history. For the quarter, we achieved $10.9 million of net income, equivalent to $1.07 per diluted share. Our net interest margin expanded to 4.16% and we delivered an impressive ROA of 1.76% and ROE of 15.55%.”