Forbright

FRBT · Nasdaq Filing snapshot

Forbright is the bank holding company for Forbright Bank, a commercial bank with a sustainability and decarbonization lending focus and nationally-based digital deposit and lending operations. Its $18.00 Nasdaq IPO raised about $142M gross. The filing names an unusually broad competitive set: traditional and regional banks (BMO, CIBC, First Citizens, Truist, Ally, KeyBank, Live Oak, Texas Capital), digital banks (SoFi, LendingClub, Marcus), private-credit funds (Blue Owl Capital, Ares Management) and fintechs (Chime, Dave, Revolut).

Listed

Jun 11, 2026

Raised

$142M

Sector

Finance · Banking · Sustainable Finance

Named rivals

22 in the S-1

Named in the S-1 12 of 22 shown

Forbright

FRBT · the filer

Truist

named 1×

BMO

named 1×

CIBC

named 1×

First Citizens

named 1×

Ally

named 1×

KeyBank

named 1×

Live Oak

named 1×

Texas Capital

named 1×

SoFi

named 1×

LendingClub

named 1×

Blue Owl Capital

named 1×

Ares Management

named 1×

“

The read

A sustainability-focused commercial bank IPO'ing into a 22-name crossfire — traditional banks (Truist, BMO, KeyBank, Live Oak), digital banks (SoFi, LendingClub), private-credit funds (Blue Owl, Ares) and fintechs (Chime, Revolut) all named as rivals.

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