Unity Bancorp's CEO defends the performance amid a challengi...

Moomoo AI Oct 13, 2023 18:09

Unity Bancorp's CEO defends the performance amid a challenging economic climate and points to strong ROA and ROE indicators. Despite interest rates and funding changes impacting net interest margin, he stands by their interest rate risk management and predicts a stable future based on solid capital base, conservative liquidity, and stable asset quality.

Press Release: Unity Bancorp Reports Quarterly Earnings of $9.9 Million

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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