UNITY BANCORP Files 8-K on Financial Condition, Operations
Ticker: UNTY · Form: 8-K · Filed: Jan 12, 2024 · CIK: 920427
| Field | Detail |
|---|---|
| Company | Unity Bancorp Inc /Nj/ (UNTY) |
| Form Type | 8-K |
| Filed Date | Jan 12, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K, banking
TL;DR
**UNITY BANCORP just dropped an 8-K about its financials, get ready for new numbers.**
AI Summary
UNITY BANCORP, INC. filed an 8-K on January 12, 2024, to report an event related to its results of operations and financial condition. This filing indicates that the company is providing updated financial information, which is crucial for investors to assess its current performance and future prospects. For shareholders, this means new data is available that could influence the stock's valuation, making it important to review the specific financial details once they are fully disclosed.
Why It Matters
This filing signals that new financial information from UNITY BANCORP is becoming public, which can directly impact investor sentiment and the stock price as the market digests the updated performance data.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial information, not indicating any immediate adverse events or significant changes in company strategy.
Analyst Insight
A smart investor would monitor for the full financial statements and exhibits mentioned in this 8-K to understand the specific details of UNITY BANCORP's updated results of operations and financial condition, as these will provide the actionable insights.
Key Players & Entities
- UNITY BANCORP, INC. (company) — the registrant filing the 8-K
- January 12, 2024 (date) — date of earliest event reported and filing date
- New Jersey (company) — state of incorporation for UNITY BANCORP, INC.
- 1-12431 (dollar_amount) — Commission File Number
- 22-3282551 (dollar_amount) — IRS Employer Identification No.
- 64 Old Highway 22 Clinton, NJ 08809 (company) — address of Principal Executive Office
- 908-730-7630 (dollar_amount) — Registrant’s Telephone Number
- UNTY (company) — Trading Symbol for Common stock
- NASDAQ (company) — exchange on which Common stock is registered
FAQ
What is the purpose of UNITY BANCORP, INC.'s 8-K filing on January 12, 2024?
The 8-K filing by UNITY BANCORP, INC. on January 12, 2024, is to report an event concerning 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits', as indicated by the ITEM INFORMATION sections.
What is the trading symbol and exchange for UNITY BANCORP, INC.'s common stock?
The common stock of UNITY BANCORP, INC. trades under the symbol UNTY on the NASDAQ exchange, as stated in the 'Securities registered pursuant to Section 12(b) of the Act' section.
What is the state of incorporation for UNITY BANCORP, INC.?
UNITY BANCORP, INC. is incorporated in New Jersey, as specified in the 'State or Other Jurisdiction of Incorporation' section of the filing.
What is the business address and phone number of UNITY BANCORP, INC.?
The business address of UNITY BANCORP, INC. is 64 Old Highway 22, Clinton, NJ 08809, and its telephone number is (908) 730-7630, according to the filing.
Is UNITY BANCORP, INC. considered an emerging growth company?
No, UNITY BANCORP, INC. is not an emerging growth company, as indicated by the unchecked box next to 'Emerging growth company' in the filing.
Filing Stats: 392 words · 2 min read · ~1 pages · Grade level 12.5 · Accepted 2024-01-12 06:40:51
Filing Documents
- unty-20240112x8k.htm (8-K) — 33KB
- unty-20240112xex99d1.htm (EX-99.1) — 2428KB
- unty-20240112x8k003.jpg (GRAPHIC) — 23KB
- unty-20240112xex99d1001.jpg (GRAPHIC) — 140KB
- 0000920427-24-000004.txt ( ) — 3000KB
- unty-20240112.xsd (EX-101.SCH) — 3KB
- unty-20240112_lab.xml (EX-101.LAB) — 1KB
- unty-20240112_pre.xml (EX-101.PRE) — 10KB
- unty-20240112x8k_htm.xml (XML) — 5KB
02 Results of Operation and Financial Condition
Item 2.02 Results of Operation and Financial Condition The Registrant issued a press release on January 12, 2024 announcing results for the three and twelve months December 31, 2023, the full text of which is incorporated by reference to this Item.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit 99.1 Press release issued by the Registrant on January 12, 2024.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. October 13, 2023 UNITY BANCORP, INC. (Registrant) Date: January 12, 2024 By: /s/ George Boyan George Boyan Executive Vice President and Chief Financial Officer