- Unity Bank (UNTY, Financial) recognized among top-performing small banks in the U.S. for the third time.
- Hovde Group's evaluation included financial metrics like net revenue and efficiency ratios.
- Recognition underscores Unity Bank's focus on long-term and responsible growth.
Unity Bank (NASDAQ: UNTY) has been honored for the third time as one of the top-performing small banks in the United States by the Hovde Group, a well-regarded financial advisory and research firm. This accolade is part of Hovde's 2025 annual ranking, which focuses on small banks with market capitalizations between $100 million and $1.5 billion.
The evaluation process considered various financial metrics, including pre-tax pre-provision net revenue, efficiency ratios, growth in loans and deposits, tangible book value growth, and employee productivity. James Hughes, President & CEO of Unity Bank, commented on the recognition, stating, "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."
This achievement highlights Unity Bank's commitment to sustainable and responsible growth, aligning with their long-term business strategy. Unity Bank operates 21 branches across New Jersey and the Lehigh Valley, Pennsylvania, offering a wide range of community-focused commercial banking services.
