UNTY

In the past six months, Unity Bancorp's stock price has been impacted by strong financial results, including EPS growth and a year-over-year increase in net income. The company has a strong record of dividend growth. Despite strong company fundamentals, the stock has experienced sector-driven weakness, mirroring a broader decline in the regional banking sector. A notable event impacting the company's financials was the doubling of non-accrual assets year-over-year, primarily due to one large owner-occupied commercial mortgage relationship.