Unity Bancorp

Q2 FY2026 EarningsQ2 FY26 results slightly missed consensus expectations on both top and bottom lines, with EPS of $1.42 vs. the $1.43 mean estimate and total revenue of $33.7M vs. $34.6M expected. While Net Interest Income (NII) grew a robust 11.5% YoY and Net Interest Margin (NIM) expanded to 4.56%, noninterest income was significantly weighed down by $0.6M in security losses compared to one-time gains in the prior year. Asset quality showed some pressure as potential problem loans doubled to $22.6M, though a subsequent sale of a large $15.5M nonaccrual loan post-quarter-end provides a positive outlook for credit stabilization.