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GBank Financial Holdings (GBFH)
OTHER OTC:GBFH
RESEARCH TOOLSreports
Earnings Data
Report Date
May 27, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.31Last Year’s EPS
0.28Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 28, 2025
|% Change Since: -5.13%
|Next Earnings Date:May 27, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance for 2024 with significant growth in net income, SBA loan originations, and credit card transactions. However, challenges such as net interest margin compression and increases in nonaccrual loans were noted. Overall, despite these challenges, the positive highlights signify a robust financial outlook.Company Guidance
In the call, GBank Financial Holdings provided comprehensive guidance on their financial performance and strategic initiatives for 2024. The company reported a substantial net income of $18.6 million, or $1.37 per diluted share, marking a 70.6% year-over-year increase. The SBA program was a significant contributor, with over $500 million in originations for the year and over $2 billion cumulatively since inception. Additionally, the Gaming FinTech division demonstrated robust growth, with credit card transactions increasing to $51.7 million in Q4, up from $13.9 million in Q3, and reaching a breakeven point in profitability. They also highlighted a strong net revenue of $5.2 million for Q4 and a recognition in the OTCQX Best 50 for stock performance. The bank managed a net interest margin of 4.53% despite some compression and maintained a Tier 1 capital ratio of 12.9%. Looking forward, GBank is focused on strategic growth, particularly in digital banking, payments, and SBA lending, while navigating the complexities of becoming a fully registered SEC company.Record-Breaking Earnings and SBA Loan Origination
The company reported a net income of $18.6 million for 2024, a 71% increase from the previous year. They achieved over $500 million in SBA loan originations for 2024, surpassing $2 billion since their inception.
Credit Card Transaction Growth
Credit card transactions reached $51.7 million in Q4, a 272% increase from $13.9 million in Q3. They also achieved a $1.5 million transaction day recently.
Strong Asset and Equity Growth
The bank's assets grew by 22.4% for the year, closing over $1.1 billion, and shareholders' equity saw a 42.9% growth year-over-year.
Recognition and Awards
The company was recognized for the third consecutive year in the OTCQX Best 50 for stock performance.
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GBFH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GBFH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 28, 2025 | $39.00 | $41.70 | +6.92% |
| Oct 22, 2024 | $24.80 | $26.75 | +7.86% |
| Jul 30, 2024 | $18.99 | $18.97 | -0.11% |
| Apr 30, 2024 | $16.70 | $16.25 | -2.69% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does GBank Financial Holdings (GBFH) report earnings?
GBank Financial Holdings (GBFH) is schdueled to report earning on May 27, 2025, TBA Not Confirmed.
What is GBank Financial Holdings (GBFH) earnings time?
GBank Financial Holdings (GBFH) earnings time is at May 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GBFH EPS forecast?
GBFH EPS forecast for the fiscal quarter 2025 (Q1) is 0.31.
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