Forbright (Ticker: FRBT US) is an American digital-first bank and commercial lender specializing in sustainable finance, with services spanning nationwide middle-market lending, digital consumer banking, strategic advisory and asset management. The company is domiciled in the United States and traces its history to Congressional Bank, established in 2003, before a period of growth and modernization beginning in 2020 and a rebranding to Forbright following a $369 million capital infusion in 2021.
Forbright plans to list on NASDAQ on June 11, 2026. According to published terms, the company plans to offer 7.9 million shares at a price range of $18.00 to $20.00 per share, raising approximately $150 million at the $19.00 midpoint. The estimated market capitalization is approximately $944 million.
For the 12 months ended March 31, 2026, Forbright reported revenue of approximately $334 million and net income of approximately $88 million. Goldman Sachs, J.P. Morgan, Barclays, Wells Fargo Securities, Piper Sandler, TD Securities, Santander and Centerview Partners are listed as joint bookrunners.