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Forbright Files for IPO, Aiming for Nasdaq Debut
Description
Forbright, a Maryland-based bank, is set to go public with an initial public offering, following a significant revenue increase in 2025. The bank, originally founded as Congressional Bank in 2003, has expanded into digital banking, asset management, and middle-market lending. With Goldman Sachs, J P Morgan, and Barclays as primary underwriters, Forbright aims to trade on the Nasdaq Global Select Market under the ticker symbol F R B T. The banks recent profit of eighty-seven million nine hundred thousand dollars will be put to the test as they enter the public market.
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