Forbright, Inc. Reports Second Quarter 2026 Results

Forbright reported Q2 net income of $4.1 million, or $0.09 per share, a decline from the prior quarter driven largely by one-time IPO-related expenses and a $5.6 million deferred tax asset write-down. Despite the earnings pressure, the company demonstrated core operational strength with net interest income rising to $63.1 million and net interest margin expanding by 9 basis points to 3.19%. The balance sheet continued to grow, with total loans increasing to $6.1 billion and total deposits rising to $7.3 billion during the quarter.

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