Forbright Reports Q3 Net Interest Income of $72.0M; Loans Rise 9.5%
Forbright reported a 3.18% net interest margin, loans of $6.6B, deposits of $7.6B and nonperforming assets at 0.78% of assets. A pending sale of $744M in branch deposits is expected to close in Q1 2027.
Forbright reported Q3 2026 net interest income of $72.0M, NIM of 3.18%, loans up 9.5% QoQ to $6.6B, deposits up to $7.6B, and NPAs down to 0.78% of assets. A pending sale of $744M in branch deposits is expected to close in Q1 2027.Material DetailsContext by AI AnalystThis is a mid-cycle confirmatio…