Forbright Inc reports results for the quarter ended September 30 - Earnings Summary

Forbright

29/10/2026 15:04

Forbright Inc FRBT.OQ reported quarterly adjusted earnings of 41 cents​​ per share for the quarter ended September 30.  The mean expectation of six analysts for the quarter was for earnings of 34 cents per share. Wall Street expected results to range from 31 cents to 41 cents per share.
Revenue was $101.05 million​; analysts expected $91.14 million. 
Forbright Inc's reported EPS for the quarter was 41 cents​.
The company reported quarterly net income of $20.62 million.
Forbright Inc shares had risen by 1.2% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 9.5% in the last three months.​ 
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy" 
Wall Street's median 12-month price target for Forbright Inc is $22.75, about 24.2% above its last closing price of $17.24
This summary was machine generated from LSEG data October 29 at 03:04 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Sep. 30 2026 
0.34
0.41
Beat
Jun. 30 2026 
0.19
0.10
Missed
 
0.28