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 (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