NASDAQ:UNTY

Unity Bancorp Gains as Dividend Date Approaches
····

Unity Bancorp Gains as Dividend Date Approaches

Unity Bancorp shares edged up 0.2% to $55.77 Wednesday, bucking declines among regional banks as its June 4 dividend record date neared. The bank reported first-quarter net income of $14.3 million, down from $15.5 million in the prior quarter. Nonaccrual assets rose to $32.1 million, with nearly half tied to one commercial real estate loan. Trading volume reached 14,313 shares.
May 27, 2026

Stock Market Today

  • Imperial Brands Boosts Tobacco-Free Portfolio with Black Buffalo Acquisition
    May 27, 2026, 12:17 PM EDT. Imperial Brands PLC (LSE:IMB) shares rebounded Wednesday after announcing a strategic purchase of Black Buffalo, a move to expand its tobacco-free product range. The purchase signals Imperial's intent to diversify beyond traditional tobacco products amid shifting consumer preferences and regulatory pressures. Black Buffalo specializes in cannabis-derived goods, aligning with Imperial's growth in alternative nicotine and wellness sectors. The company confirmed an investment of at least £X million, reflecting a commitment to adapt and capture emerging market opportunities. This acquisition supports Imperial's transition strategy, potentially offsetting declines in conventional tobacco revenue as global markets evolve.