# Forbright's Third-Quarter GAAP EPS Beats Estimates by $0.09 as Revenue Misses

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/43793
Published: 2026-10-29T19:09:16.000Z
Updated: 2026-10-29T19:09:16.000Z
Section: Business

> Revenue was $89.06 million, $1.37 million below estimates, as loan balances and digital deposits grew.

Forbright, Inc. (FRBT) posted third-quarter GAAP earnings per share of $0.41, beating estimates by $0.09, while revenue came in below estimates as loan balances and digital deposits increased.

Revenue totaled $89.06 million, missing estimates by $1.37 million. Loan balances rose 9.5% quarter over quarter and 24% year over year.

Digital deposits increased by $1 billion from the previous quarter, with a promotion driving the growth. Core net charge-offs fell to three basis points in the quarter.