Keefe, Bruyette & Woods (KBW) raised its price target for Unity Bancorp (UNTY) to $65.00, up from $60.00. The firm maintained its "Outperform" rating.
The 8.3% increase follows the bank's strong fourth-quarter 2025 earnings, which surpassed analyst expectations. Unity Bancorp announced earnings of $1.41 per share for the quarter, beating the consensus estimate of $1.35.
KBW analyst David Konrad cited several factors for the positive outlook. Konrad pointed to the bank’s resilient loan yields, stable net interest margin, and robust growth as key drivers.