Forbright Q3 net income attributable to company rises quarter-on-quarter to $20.62 million
FRBT•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, and loans grew 10% to $6.6 billion.
1. Third-quarter results
Forbright reported third-quarter 2026 net income attributable to the company of $20.62 million, down 36% year over year. 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 fell 75% quarter over quarter to $1.5 million, and loans grew 10% to $6.6 billion. The bank expects the sale of its Washington, D.C.-area legacy branches to Trustar Bank to close in the first quarter of 2027.
