Financial‑services platform Forbright Inc. filed an S‑1 seeking a Nasdaq Global Select listing. The Maryland‑based firm, which blends middle‑market lending with digital consumer banking, will trade under the ticker FRBT. Its filing shows adjusted revenue of $77.5 million for the quarter ended March, up from $71.7 million a year earlier.

Total deposits rose to $7.14 billion as of March 31, compared with $5.76 billion a year prior, reflecting the platform’s expanding balance‑sheet reach. Assets have climbed to $7.9 billion at year‑end 2025, up from $1.9 billion in 2020, after former congressman John Delaney rejoined the firm in 2020 and now serves as chairman and CEO.

Goldman Sachs, JPMorgan Chase and Barclays are underwriting the IPO, signaling strong Wall Street interest in a niche that bridges traditional middle‑market finance and fintech. Investors will weigh Forbright’s rapid asset growth against the competitive pressures of digital banking. The offering could provide a new avenue for capital to mid‑size borrowers seeking technology‑driven loan solutions.

The IPO targets a valuation that could place Forbright among the larger fintech entrants on Nasdaq, offering liquidity to early investors and a benchmark for other middle‑market lenders eyeing public markets. With its dual focus on loan origination and consumer deposits, the company positions itself to capture fee income and interest margins as the sector consolidates.