Exhibit 99.1 ✅ U NITY B ANCORP For Immediate Release Unity Bancorp, Inc. (NASDAQ: UNTY) July 12, 2024 News Media & Financial Analyst Contact: George Boyan, EVP & CFO (908) 713-4565 Net Income (In Millions) $10.5 Dil. EPS ROA $10.0 $0.93 1.56% $9.5 口 $0.00 0/0 V 2 bps Q/Q 9.7 $9.0 ROE NIM $8.5 14.07% 4.01% $8.0 ▼ 42 bps Q/Q ▼ 8 bps Q/Q $7.5 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 James A. Hughes, President & CEO, commented on the financial results: Unity Bancorp Reports Quarterly Earnings of $9.5 Million "Despite the ...