Forbright Q3 net income attributable to company rises quarter-on-quarter to $20.62 million

Bitget2026/10/29 10:04

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Forbright’s third-quarter 2026 net income attributable to the company fell 36% year over year to $20.62 million.
Net interest income rose 14% quarter over quarter to $71.95 million, while non-interest income climbed 33% to $29.1 million.
Provision for credit losses dropped 75% quarter over quarter to $1.5 million, while loans grew 10% to $6.6 billion.
The bank expects its Washington, D.C.-area legacy branch sale to Trustar Bank to close in the first quarter of 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Forbright Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261029528749) on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Forbright Q3 net income attributable to company rises quarter-on-quarter to $20.62 million

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