An update from Unity Bancorp (UNTY) is now available.
At the Annual Meeting of Shareholders, James A. Hughes, President and CEO, delivered a presentation highlighting the company’s strategic focus on growing book value, reflected by their dividend payout target of approximately 15%. He also addressed recent workforce reductions that took place in late 2023 and early 2024, details of which were included in the first quarter earnings release of 2024.
For detailed information about UNTY stock, go to TipRanks’ Stock Analysis page.