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FRBT

Forbright Inc

17.87 USD
-0.52
2.83%
At close Updated Sep 23, 4:00 PM EDT
1 day
-2.83%
5 days
-3.51%
1 month
-4.18%
3 months
-0.72%
6 months
-1.27%
Year to date
-1.27%
1 year
-1.27%
5 years
-1.27%
10 years
-1.27%
 

About: Forbright Inc is a bank holding company. Along with its subsidiaries, it operates as a state chartered non-member bank, which serves the needs of individuals, small and medium sized businesses, and professional concerns. Its services include deposit and retail banking through a digital deposit platform, as well as financing and lending products such as lender finance loans, fund finance loans, healthcare finance loans, real estate loans, working capital facilities, warehouse lines of credit, and term loans.

News

Positive
Neutral
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Sentiment 3-Months
Positive 20%
Neutral 80%
Negative 0%
Neutral
Business Wire
1 month ago
Forbright Bank to Sell Branches and Local Deposits to Trustar Bank, Sharpening Focus on National Digital-First Growth
CHEVY CHASE, Md.--(BUSINESS WIRE)--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 nation.
Forbright Bank to Sell Branches and Local Deposits to Trustar Bank, Sharpening Focus on National Digital-First Growth
Neutral
Seeking Alpha
1 month ago
Forbright, Inc. (FRBT) Q2 2026 Earnings Call Transcript
Forbright, Inc. (FRBT) Q2 2026 Earnings Call Transcript
Forbright, Inc. (FRBT) Q2 2026 Earnings Call Transcript
Positive
MarketBeat
1 month ago
Forbright Q2 Earnings Call Highlights
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.
Forbright Q2 Earnings Call Highlights
Neutral
Business Wire
1 month ago
Forbright, Inc. Reports Second Quarter 2026 Results
CHEVY CHASE, Md.--(BUSINESS WIRE)--Forbright, Inc. (Nasdaq FRBT): Fellow Shareholders, Forbright, Inc. (Nasdaq FRBT) ("Forbright," the "Company," "we," "our," or "us") wants to begin by welcoming our new shareholders. Because this is our first letter, we will spend more time discussing our strategy, the market opportunity, and our plan to create long-term shareholder value. We think it is important to set the table clearly: how the market is evolving, why we are positioned to capitalize on thos.
Forbright, Inc. Reports Second Quarter 2026 Results
Neutral
Business Wire
2 months ago
Forbright, Inc. Schedules Release of Second Quarter 2026 Financial Results
CHEVY CHASE, Md.--(BUSINESS WIRE)--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. will host a conference call at 8:00 a.m. ET on July 30, 2026 to revie.
Forbright, Inc. Schedules Release of Second Quarter 2026 Financial Results
Positive
Seeking Alpha
3 months ago
Forbright: Distinctive And Interesting Banking Play
Forbright targets above-average growth via digital banking and higher deposit rates, trading near book value and 10x earnings. Forbright's loan book is balanced between commercial real estate and commercial/industrial loans, with notable healthcare exposure. Profitability is tight, with Q1 comprehensive income declining to $6 million due to higher interest expenses and one-offs.
Forbright: Distinctive And Interesting Banking Play
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