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Forbright

Last updated: June 19, 2026
Ticker
FRBT
Exchange
NYSE
IPO Date
Pending
Price Range
$18.00 - $20.00
Deal Size
$142 million
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Company Snapshot

Forbright is a financial services company that operates through its banking subsidiary, Forbright Bank. The company focuses on providing banking and financial services to middle-market businesses, leveraging technology such as artificial intelligence to enhance customer service and operational efficiency. Forbright aims to build long-term customer relationships by offering tailored financial solutions and high-quality service.

Key Investors
GPC Partners Investments (42.6%), CB Elevate Aggregator (40.1%), Entities affiliated with Bayview (17.3%)

Per S-1 disclosure; % may not sum to 100% when ownership is nested, multi-class, or reported on different bases.

Key Financials

Metric202520242023
RevenueNot providedNot providedNot provided
Adjusted Net IncomeNot providedNot providedNot provided

Balance Sheet

Cash & Equivalents
$977.9M
Total Debt
$151.0M

S-1 Highlights

Market & Competition

The company operates in the competitive financial services industry, facing competition from both traditional banks and emerging fintech companies. Forbright competes with notable firms such as Goldman Sachs and JPMorgan Chase.

Use of Proceeds

The proceeds from the IPO are intended to support the company's growth initiatives and enhance its capital position.

Key Risk Factors

  • ●The company faces risks associated with disintermediation, which could lead to a loss of customer deposits and fee income as consumers turn to alternative financial products.
  • ●Forbright's lending strategy focuses on middle-market businesses, which may be more vulnerable to economic downturns, potentially impacting their ability to repay loans.

Deal Structure

Lock-up
180 days
Lead Underwriters
Goldman Sachs, J.P. Morgan, Barclays, Wells Fargo Securities, Piper Sandler, TD Securities, Santander, Centerview Partners

Reported Broker Availability

No broker information available yet

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Reported by users or publicly disclosed. Information is for reference only.

Important Links & Filings

FRBT Live Chart on TradingView →SEC S-1 Filing →
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