Forbright Q2 FY26 net income drops 64.6% to $4.12 million; revenue rises 13.1% to $84.99 million
Reuters2026/08/13 20:50- 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.
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