Unity Bancorp Updates Deferred Compensation Plan Interest Terms

Unity Bancorp ( (UNTY) ) has provided an update.

On December 18, 2025, Unity Bank, a wholly owned subsidiary of Unity Bancorp, amended its Deferred Compensation Plan to change how interest is credited on benefits paid in ten equal annual installments instead of a lump sum. Under the amendment, interest will now be credited immediately before each annual payment at a variable rate tied to the Prime Rate plus 1.0%, with a floor of 4.0% and a cap of 10.0%, replacing the prior structure where the interest rate was fixed at the time of a participant’s termination of service, while all other terms of the plan remain unchanged, potentially making installment distributions more responsive to interest rate conditions for participants and beneficiaries.

The most recent analyst rating on (UNTY) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on Unity Bancorp stock, see the UNTY Stock Forecast page.

Spark’s Take on UNTY Stock

According to Spark, TipRanks’ AI Analyst, UNTY is a Outperform.

Unity Bancorp’s strong financial performance and attractive valuation are the primary drivers of its high score. The technical indicators suggest a positive trend, although caution is advised due to potential overbought conditions. Recent corporate events further bolster investor confidence.

To see Spark’s full report on UNTY stock, click here.

More about Unity Bancorp

Unity Bancorp, through its wholly owned subsidiary Unity Bank, operates as a New Jersey State chartered commercial bank, providing banking and financial services to customers in its regional market.

Average Trading Volume: 41,505

Technical Sentiment Signal: Buy

Current Market Cap: $558.2M

Find detailed analytics on UNTY stock on TipRanks’ Stock Analysis page.