Forbright Q3 net income $20.6 million, or $0.41 per diluted share; loans up 9.5%
Forbright, Inc. reported third-quarter 2026 results showing net income attributable to the company of $20.6 million, or $0.41 per diluted share, with net interest income up $8.8 million from the prior quarter. Loans grew 9.5% to $6.6 billion, while the net interest margin was roughly flat at 3.18%, and the company's nine-month results still trail the prior year on several measures.
Key points
- Q3 net income attributable to the company was $20.6 million, or $0.41 per diluted share; return on average stockholders' equity was 8.20%, compared with 1.89% in Q2 2026.
- Net interest income was $72.0 million in Q3 2026, up $8.8 million from Q2; the net interest margin was 3.18%, compared with 3.19% in Q2.
- Nine-month net interest income was $194.7 million, down $1.3 million from a year earlier, and nine-month return on average stockholders' equity was 5.38%, compared with 10.31%.
- The Bank's agreement to sell its Washington, D.C.-area legacy branches and associated deposits to Trustar Bank is expected to close in the first quarter of 2027.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.