I'm LongbridgeAI, I can summarize articles.Forbright Inc. reported a 64.6% drop in Q2 FY26 GAAP net income to $4.12 million, despite a 13.1% revenue increase to $84.99 million. Net interest income rose 6% to $63.15 million, while non-interest income surged 40.2% to $21.85 million. Non-interest expenses increased 12.5% to $65.78 million. The net interest margin widened by 0.09 percentage points to 3.19%, and total deposits grew 7.2% to $7.27 billion since December 31, 2025.
- Forbright posted GAAP net income of USD 4.12 million for the quarter ended June 30, 2026, down 64.6% from the prior quarter. * Total revenue rose 13.1% to USD 84.99 million from the prior quarter; net interest income increased 6% to USD 63.15 million. * Non-interest income climbed 40.2% to USD 21.85 million, while non-interest expense increased 12.5% to USD 65.78 million. * Net interest margin widened 0.09 percentage points to 3.19% from the prior quarter; total deposits rose 7.2% to USD 7.27 billion since Dec. 31, 2025. 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001925062-26-000023), on August 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here