NASDAQ : FRBT
Forbright, Inc. — Financial statements
Financials · Banks - Diversified · United States
Last price 18.17 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 922.39M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Interest Income on Loans | 440.13M | 422.98M | 371.44M |
| Interest Income on Investments | 92.71M | 93.66M | 129.71M |
| Total Interest Income | 532.83M | 516.64M | 501.15M |
| Interest Paid on Deposits | 263.49M | 243.40M | 259.78M |
| Interest Paid on Borrowings | 7.65M | 10.22M | 11.82M |
| Total Interest Expense | 271.14M | 253.62M | 271.60M |
| Net Interest Income | 261.70M | 263.02M | 229.56M |
| Other Non-Interest Income | 87.64M | 51.62M | 34.99M |
| Total Non-Interest Income | 87.88M | 70.78M | 23.11M |
| Revenues Before Loan Losses | 349.57M | 333.79M | 252.67M |
| Provision for Loan Losses | 17.57M | 24.01M | -1.69M |
| Revenue | 332.00M | 309.78M | 254.36M |
| Salaries and Employee Benefits | 134.89M | 127.11M | 110.36M |
| Federal Deposit Insurance | 3.91M | 5.03M | 9.97M |
| Selling, General & Administrative | 77.28M | 52.45M | 56.46M |
| Other Non-Interest Expense | 36.74M | 24.04M | 23.20M |
| Total Non-Interest Expense | 252.82M | 208.62M | 199.99M |
| EBT Excluding Unusual Items | 79.18M | 101.16M | 54.37M |
| Pretax Income | 79.18M | 101.16M | 54.37M |
| Income Tax Expense | 13.13M | 13.23M | 11.00M |
| Net Income | 65.97M | 87.93M | 43.37M |
| Net Income to Common | 65.97M | 87.93M | 43.37M |
| Basic Shares Outstanding | 43.00M | 40.25M | 40.21M |
| Diluted Shares Outstanding | 44.53M | 41.41M | 41.24M |
| EPS (Basic) | 1.53 | 2.18 | 1.08 |
| EPS (Diluted) | 1.48 | 2.12 | 1.05 |
| Effective Tax Rate | 16.58% | 13.08% | 20.23% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Cash & Equivalents | 848.96M | 646.51M | 1.18B |
| Investment Securities | 582.36M | 1.04B | 1.52B |
| Mortgage-Backed Securities | 480.74M | 275.15M | 52.75M |
| Total Investments | 1.06B | 1.32B | 1.57B |
| Gross Loans | 6.17B | 5.27B | 4.01B |
| Allowance for Loan Losses | -55.83M | -52.99M | -42.29M |
| Net Loans | 6.11B | 5.22B | 3.97B |
| Property, Plant & Equipment | 41.99M | 15.69M | 18.39M |
| Goodwill | 18.52M | 18.52M | 18.52M |
| Other Intangible Assets | 16.93M | 13.17M | 14.53M |
| Loans Held for Sale | 476.04M | 379.66M | 316.48M |
| Accrued Interest Receivable | 49.07M | 55.16M | 35.52M |
| Restricted Cash | 2.20M | 1.97M | |
| Long-Term Deferred Tax Assets | 138.28M | 153.31M | 40.18M |
| Other Real Estate Owned & Foreclosed | 7.93M | 8.73M | 25.48M |
| Other Long-Term Assets | 125.96M | 62.81M | 61.08M |
| Total Assets | 9.62B | 7.89B | 7.25B |
| Interest Bearing Deposits | 7.25B | 6.23B | 4.99B |
| Institutional Deposits | 180.24M | 314.97M | |
| Non-Interest Bearing Deposits | 362.08M | 372.44M | 258.24M |
| Total Deposits | 7.61B | 6.78B | 5.57B |
| Current Portion of Leases | 3.44M | ||
| Long-Term Debt | 151.27M | 151.00M | 174.53M |
| Federal Home Loan Bank Debt, Long-Term | 700.00M | ||
| Long-Term Leases | 16.64M | 23.15M | |
| Other Long-Term Liabilities | 118.64M | 117.87M | 65.97M |
| Total Liabilities | 8.63B | 7.07B | 6.53B |
| Common Stock | 51.00K | 41.00K | 40.00K |
| Additional Paid-In Capital | 650.07M | 490.55M | 481.45M |
| Retained Earnings | 365.20M | 328.83M | 240.90M |
| Comprehensive Income & Other | -23.58M | 3.02M | -443.00K |
| Shareholders' Equity | 994.63M | 822.44M | 721.95M |
| Total Liabilities & Equity | 9.62B | 7.89B | 7.25B |
| Total Debt | 151.27M | 171.08M | 897.68M |
| Net Cash (Debt) | 697.69M | 475.43M | 280.34M |
| Net Cash Per Share | 15.67 | 11.48 | 6.80 |
| Filing Date Shares Outstanding | 50.76M | 40.68M | 40.24M |
| Total Common Shares Outstanding | 50.76M | 40.68M | 40.24M |
| Book Value Per Share | 19.54 | 20.22 | 17.94 |
| Tangible Book Value | 956.30M | 790.76M | 688.91M |
| Tangible Book Value Per Share | 18.84 | 19.44 | 17.12 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Net Income | 87.93M | 43.37M | |
| Depreciation & Amortization | 8.49M | 6.72M | |
| Gain (Loss) on Sale of Investments | -17.71M | -31.13M | |
| Provision for Credit Losses | 24.01M | -1.69M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -44.79M | 90.16M | |
| Accrued Interest Receivable | -19.63M | 3.49M | |
| Change in Other Net Operating Assets | -21.25M | 3.82M | |
| Other Operating Activities | -11.66M | -11.02M | |
| Operating Cash Flow | 1.55M | 122.89M | |
| Investment in Securities | 243.90M | -583.37M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -1.31B | 20.68M | |
| Other Investing Activities | 24.29M | -43.45M | |
| Investing Cash Flow | -1.02B | -606.15M | |
| Long-Term Debt Issued | 1.18B | 2.21B | |
| Long-Term Debt Repaid | -1.90B | -1.56B | |
| Net Debt Issued (Repaid) | -724.00M | 650.00M | |
| Issuance of Common Stock | 1.17M | 705.00K | |
| Repurchase of Common Stock | -815.00K | -751.00K | |
| Net Increase (Decrease) in Deposit Accounts | 1.21B | -276.65M | |
| Financing Cash Flow | 488.94M | 373.30M | |
| Net Cash Flow | -531.27M | -109.96M | |
| Cash Interest Paid | 254.29M | 266.31M | |
| Cash Income Tax Paid | 8.61M | 8.93M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Market Capitalization | 922.39M | ||
| Debt / Equity Ratio | 0.15 | 0.21 | 1.24 |
| Net Debt / Equity Ratio | -0.70 | -0.58 | -0.39 |
| Return on Equity (ROE) | 11.39% | ||
| Return on Assets (ROA) | 1.16% | ||
| Buyback Yield / Dilution | -134.00% | -0.41% |