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Unity Bank recognized again on Hovde Group’s high-performer list

CLINTON, NJ (Hunterdon County) – Unity Bank has been named one of the top-performing small banks in the United States by the Hovde Group, a nationally respected financial advisory and research firm.

This marks the third time Unity Bancorp, Inc. (NASDAQ: UNTY) has been included in Hovde’s annual high-performer list, underscoring the bank’s sustained excellence in financial management and customer service.

The 2025 edition of Hovde Group’s report evaluates small banks with market capitalizations between $100 million and $1.5 billion, ranking them on key financial metrics such as pre-tax pre-provision net revenue, efficiency ratios, loan and deposit growth, tangible book value growth, and employee productivity.

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“Being recognized again by the Hovde Group reflects the consistent strength of our strategy, the dedication of our employees, and the continued trust of our customers,” said James Hughes, President & CEO of Unity Bank. “This recognition reinforces our focus on long-term, responsible growth.”

Unity Bank joins a select group of institutions that have been recognized multiple times for outstanding performance in the small bank sector.

Jay Edwards

Born and raised in Northwest NJ, Jay has a degree in Communications and has had a life-long interest in local radio and various styles of music. Jay has held numerous jobs over the years such as stunt car driver, bartender, voice-over artist, traffic reporter (award winning), NY Yankee maintenance crewmember and peanut farm worker. His hobbies include mountain climbing, snowmobiling, cooking, performing stand-up comedy and he is an avid squirrel watcher. Jay has been a guest on America’s Morning Headquarters,program on The Weather Channel, and was interviewed by Sam Champion.

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