Forbright, Inc. - Class A Common Stock (FRBT)

Net income surged to $20.6 million as loan balances grew 9.5% sequentially.

Forbright (NASDAQ:FRBT) reported third-quarter 2026 net income of $20.6 million, or $0.41 per diluted share, as strong loan growth, stable net interest margin and lower charge-offs lifted results from the prior quarter. Net income increased by $16.5 million, or more than 400%, from the second quart

Forbright, Inc. (Nasdaq FRBT):

Forbright, Inc. (Nasdaq FRBT):

At a time when Americans are navigating economic uncertainty, Forbright Bank's 2026 Savings Survey identifies recurring money trends and habits that can build greater financial resilience amidst an everchanging economic backdrop.

Forbright, Inc. (Nasdaq: FRBT) (the "Company"), the parent company of wholly-owned subsidiary Forbright Bank, has scheduled the release of its third quarter 2026 financial results for Thursday, October 29, 2026, at approximately 6:00 a.m. ET. The earnings press release and investor presentation will be available on the Company’s Investor Relations website at ir.forbrightbank.com.

Forbright Bank (“Forbright”) today announced that it has entered into an agreement to sell its Washington, D.C.-area legacy branches and associated deposits to Trustar Bank. The transaction will include branches in Potomac and North Bethesda, Maryland, a customer service hub in McLean, Virginia, and approximately $750 million in local deposits for a deposit premium of approximately $19 million. No deposits associated with Forbright's national lending or national digital deposit strategies are included in the transaction. Forbright anticipates the sale will close in the fourth quarter of 2026, subject to regulatory approvals and other closing conditions, and expects the transaction to be accretive to 2027 earnings.

Forbright (NASDAQ:FRBT) reported strong loan growth, stable credit performance and expanding digital deposits in its first earnings call as a public company, with management saying it expects lending growth to accelerate in the second half of 2026. Chairman and Chief Executive Officer John Delaney

Forbright, Inc. (Nasdaq: FRBT) (the "Company"), the parent company of wholly-owned subsidiary Forbright Bank, has scheduled the release of its second quarter 2026 financial results for Thursday, July 30, 2026, at approximately 6:00 a.m. ET. The earnings press release and investor presentation will be available on the Company’s Investor Relations website at ir.forbrightbank.com.

Forbright, Inc. (“Forbright”) today announced the closing of its initial public offering of 7,900,000 shares of its Class A common stock at a public offering price of $18.00 per share for approximately $142.2 million aggregate gross proceeds to Forbright. The shares of Class A common stock began trading on the Nasdaq Global Select Market on June 11, 2026, under the ticker symbol “FRBT.”