Forbright Bank reported higher annual revenue in a U.S. IPO filing, as it prepares to tap renewed investor appetite for new listings.
The IPO rebound has lifted risk sentiment, but volatile markets and geopolitical uncertainty keep investors on edge.
Forbright posted net income of $87.9 million on total revenue of $333.8 million in 2025, compared with a $43.4 million profit on $252.7 million revenue in 2024.
The Chevy Chase, Maryland-based bank was founded by former U.S. Representative John Delaney.
Founded in 2003 as Congressional Bank, it rebranded to Forbright in 2022.
Forbright will list on the Nasdaq Global Select Market under the symbol "FRBT."
Goldman Sachs, J.P. Morgan and Barclays are among the underwriters.
