Unity Bank is Top Ranked New Jersey Community Bank on American Banker Magazine's Top 200 List
CLINTON, N.J., June 01, 2021 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY ), the parent company of Unity Bank , was the top ranked New Jersey community bank on the recently published American Banker magazine list of the Top 200 Publicly Traded Community Banks with less than $2 billion in assets. Unity was ranked 20 th nationally on the respected industry list, which reviewed 511 institutions throughout the U.S. The magazine ranked banks and thrifts that had total assets of less than $2 billion as of Dec. 31, 2020 and are publicly traded. Nationally, 511 institutions fit the category for the list. Unity Bank has been on the list for six consecutive years. The ranking is based on three-year return on average equity (ROAE), a measure of profitability that calculates how … Full story available on Benzinga.com
Unity Bank is Top Ranked New Jersey Community Bank on American Banker Magazine's Top 200 List
CLINTON, N.J., June 01, 2021 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY ), the parent company of Unity Bank , was the top ranked New Jersey community bank on the recently published American Banker magazine list of the Top 200 Publicly Traded Community Banks with less than $2 billion in assets. Unity was ranked 20 th nationally on the respected industry list, which reviewed 511 institutions throughout the U.S. The magazine ranked banks and thrifts that had total assets of less than $2 billion as of Dec. 31, 2020 and are publicly traded. Nationally, 511 institutions fit the category for the list. Unity Bank has been on the list for six consecutive years. The ranking is based on three-year return on average equity (ROAE), a measure of profitability that calculates how … Full story available on Benzinga.com