Revenue: As of FY2026 Q2, the actual value is USD 84.99 M.

EPS: As of FY2026 Q2, the actual value is USD 0.09.

EBIT: As of FY2026 Q2, the actual value is USD 15.21 M.

Forbright, Inc. reported a net income of $4.1 million for the three months ended June 30, 2026, which was a decrease from $11.6 million in the prior quarter and a 64.6% decrease from Q1 2026. For the six months ended June 30, 2026, net income was $15.754 million, down from $26.236 million for the same period in 2025.

Net Interest Income

Net interest income for the three months ended June 30, 2026, increased to $63.1 million, up $3.6 million or 6.0% from $59.6 million in the prior quarter. For the six months ended June 30, 2026, net interest income was $122.7 million, a slight decrease of $0.1 million from $122.8 million for the six months ended June 30, 2025.

Net Interest Margin

The net interest margin was 3.19% for the three months ended June 30, 2026, an increase of 9 basis points from 3.10% in the previous quarter. For the six months ended June 30, 2026, the net interest margin was 3.14%, a decrease of 58 basis points from 3.72% for the six months ended June 30, 2025.

Provision for Credit Losses

Provision for credit losses was $5.9 million for the three months ended June 30, 2026, compared to $3.5 million for the three months ended March 31, 2026, representing a 69.9% increase. For the six months ended June 30, 2026, the provision was $9.4 million, down from $12.5 million for the six months ended June 30, 2025.

Efficiency Ratio

The efficiency ratio was 77.39% for the three months ended June 30, 2026, an improvement from 77.80% in the prior quarter. For the six months ended June 30, 2026, the efficiency ratio was 77.58%, an increase from 67.48% for the six months ended June 30, 2025.

Return on Average Stockholders’ Equity

Return on average stockholders’ equity was 1.89% for the three months ended June 30, 2026, compared to 5.62% for the three months ended March 31, 2026. For the six months ended June 30, 2026, it was 3.71%, down from 7.07% for the same period in 2025.

Return on Average Tangible Common Equity (Non-GAAP)

Return on average tangible common equity was 2.19% for the three months ended June 30, 2026, compared to 5.95% for the three months ended March 31, 2026. For the six months ended June 30, 2026, it was 4.02%, down from 7.54% for the six months ended June 30, 2025.

Non-interest Income

Total non-interest income was $21.8 million for the three months ended June 30, 2026, an increase of 40.2% from $15.6 million for the three months ended March 31, 2026. For the six months ended June 30, 2026, total non-interest income was $37.4 million, up from $25.3 million for the six months ended June 30, 2025. Core non-interest income was $21.7 million for the three months ended June 30, 2026, compared to $18.0 million in the prior quarter, and $39.7 million for the six months ended June 30, 2026, versus $21.5 million for the same period in 2025.

Non-interest Expense

Total non-interest expense was $65.8 million for the three months ended June 30, 2026, an increase of 12.5% from $58.5 million for the three months ended March 31, 2026. For the six months ended June 30, 2026, total non-interest expense was $124.2 million, up from $99.9 million for the six months ended June 30, 2025.

Total Assets

Total assets increased to $8.5 billion as of June 30, 2026, from $8.2 billion as of March 31, 2026, primarily due to loan growth.

Total Loans

Total loans grew to $6.1 billion as of June 30, 2026, an increase of $276.1 million or 4.8% from $5.8 billion as of March 31, 2026. Loan originations totaled $1.183 billion in Q2 2026.

Total Deposits

Total deposits rose to $7.3 billion as of June 30, 2026, compared to $7.1 billion as of March 31, 2026. Digital deposit growth was $358 million, or 9.1% linked quarter, while wholesale CD reduction was -$147 million, or 21.2% linked quarter.

Total Stockholders’ Equity

Total stockholders’ equity was $967.2 million as of June 30, 2026, up from $831.2 million as of March 31, 2026, mainly due to the issuance of 7.9 million common shares from the initial public offering, generating $131.0 million in net proceeds.

Net Charge-offs

Net charge-offs were $2.7 million, or 0.20% of average loans held for investment at amortized cost, for the three months ended June 30, 2026, down from $4.1 million, or 0.32%, in the prior quarter. For the six months ended June 30, 2026, net charge-offs were $6.8 million, or 0.26%, compared to $5.6 million, or 0.27%, for the same period in 2025.

Non-performing Assets

Non-performing assets were $92.9 million as of June 30, 2026, a slight decrease from $93.3 million as of March 31, 2026. As a percentage of total assets, non-performing assets were 1.09% as of June 30, 2026, compared to 1.13% as of March 31, 2026.

Capital Ratios

As of June 30, 2026, Forbright, Inc.’s Tier 1 leverage ratio was 10.38% (up from 8.92% at March 31, 2026), and its Common Equity Tier 1 ratio was 12.97% (up from 11.47% at March 31, 2026). The Bank’s Tier 1 leverage ratio was 11.24% (up from 10.19% at March 31, 2026), and its Common Equity Tier 1 ratio was 14.08% (up from 13.11% at March 31, 2026).

Outlook / Guidance

For the remainder of 2026, Forbright, Inc. plans to prioritize prudent loan and fee growth across its six lending strategies and fee businesses. The company aims to lower its cost of funds, successfully launch its digital checking and payments product, and advance additional expense initiatives to improve operating efficiency. Medium-term targets include approximately 15% annual loan growth, an efficiency ratio of less than 50%, and a run-rate Return on Average Tangible Common Equity of approximately 15%.