January 24, 2018 / 11:15 AM / 4 months ago

BRIEF-Unity Bancorp Reports Quarterly EPS Of $0.23

Jan 24 (Reuters) - Unity Bancorp Inc:

* UNITY BANCORP REPORTS QUARTERLY NET INCOME OF $2.5 MILLION OR $0.23 PER SHARE AND CORE NET INCOME FOR THE QUARTER, EXCLUDING THE IMPACT OF NONRECURRING ITEMS, OF $4.2 MILLION OR $0.39 PER SHARE

* QUARTERLY EARNINGS PER SHARE $0.23

* QTRLY ‍NET INTEREST INCOME INCREASED 24.3% TO $12.5 MILLION COMPARED TO PRIOR YEAR’S QUARTER​

* ‍BOOK VALUE PER COMMON SHARE WAS $11.13 AS OF DECEMBER 31, 2017 COMPARED TO $10.14 AT DECEMBER 31, 2016​ Source text for Eikon: Further company coverage:

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