12:44 PM EDT, 10/11/2024 (MT Newswires) -- Unity Bancorp ( UNTY ) shares were up nearly 5% in recent Friday trading after the company reported higher Q3 results.

Earlier, the company reported Q3 net income of $1.07 per diluted share, up from $0.97 a year earlier.

Analysts polled by Capital IQ expected $0.95.

Revenue, expressed as the sum of net interest income and total noninterest income, was $27.7 million for the quarter ended Sept. 30, up from $25.6 million a year earlier.

Analysts polled by Capital IQ expected $26.1 million.

Price: 34.56, Change: +1.60, Percent Change: +4.85