Forbright, Inc. Reports Third Quarter 2026 Results
Business Wire•29/10/2026•06:00 ET
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Key Highlights
- ➤Net income $20.6 million, or $0.41 diluted EPS, in Q3 2026
- ➤Net interest income $72.0 million, up $8.8 million QoQ
- ➤Loans reached $6.6 billion, growing 9.5% QoQ and 24% YoY
- ➤Core net charge-offs declined to 3 basis points from 8 basis points
- ➤Branch sale to Trustar Bank expected to close in Q1 2027
Expert Statements
John Delaney, Chairman and CEO of Forbright, Inc.
“unambiguously good [for consumers]”
Forbright, Inc.((1)) (Nasdaq FRBT), the parent company of wholly-owned subsidiary Forbright Bank (the "Bank"), today reported financial results for the third quarter ended September 30, 2026.
Last quarter, we committed to writing to you plainly, so we will start with the headline: this was a strong quarter. The Company met or exceeded nearly every key performance metric we track relative to our expectations for the quarter. In addition, we believe the business is well-positioned for a strong finish to 2026 and a strong start to 2027.
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