| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 80.63M | 60.14M | 58.96M | 45.24M | 38.50M | 28.69M |
| Gross Profit | 64.34M | 60.14M | 44.68M | 40.47M | 35.95M | 25.17M |
| EBITDA | 26.55M | 23.91M | 20.73M | 19.92M | 19.12M | 9.78M |
| Net Income | 19.37M | 18.64M | 10.92M | 10.87M | 10.98M | 6.98M |
Balance Sheet | ||||||
| Total Assets | 1.23B | 1.12B | 918.38M | 678.70M | 620.30M | 470.64M |
| Cash, Cash Equivalents and Short-Term Investments | 226.12M | 124.12M | 100.59M | 139.41M | 240.12M | 153.23M |
| Total Debt | 32.25M | 26.09M | 61.51M | 28.92M | 27.80M | 11.31M |
| Total Liabilities | 1.08B | 981.66M | 819.95M | 591.91M | 544.51M | 406.02M |
| Stockholders Equity | 151.75M | 140.70M | 98.43M | 86.80M | 75.80M | 64.62M |
Cash Flow | ||||||
| Free Cash Flow | -4.87M | 26.29M | -37.91M | 9.45M | -12.25M | 27.34M |
| Operating Cash Flow | -4.82M | 26.48M | -37.59M | 9.77M | -12.15M | 27.59M |
| Investing Cash Flow | -74.03M | -179.13M | -221.19M | -155.73M | -36.73M | -97.32M |
| Financing Cash Flow | 97.96M | 178.84M | 220.27M | 46.00M | 134.89M | 118.61M |
GBank Financial Holdings Inc., a bank holding company based in Las Vegas, Nevada, operates through its subsidiary GBank, offering commercial and retail banking services in Nevada, California, Utah, and Arizona. In its third quarter of 2025, GBank Financial Holdings reported a net income of $4.3 million, or $0.30 per diluted share, despite incurring unusual expenses related to executive severance and the discontinuation of a credit card marketing campaign. The company saw a 13.5% increase in net revenue to $20.2 million compared to the previous quarter, driven by gains on loan sales and increased credit card transaction volumes. Key highlights include record-breaking SBA lending and commercial banking loan originations of $242.1 million and a significant increase in non-interest income. Looking forward, GBank Financial Holdings plans to expand its digital credit card application process and grow its presence in the casino slot market, with a focus on enhancing fraud prevention and leveraging influencer marketing.
On October 27, 2025, GBank Financial Holdings Inc. announced that Mike Tyson has joined as a promotional partner for the GBank Visa Signature® Card, aimed at gaming and sports enthusiasts. The partnership will be supported by a national campaign to highlight the card’s benefits, such as speed, security, and flexibility, enhancing GBank’s connection with customers who value innovation and performance.
The most recent analyst rating on (GBFH) stock is a Hold with a $43.00 price target. To see the full list of analyst forecasts on GBank Financial Holdings stock, see the GBFH Stock Forecast page.
On October 23, 2025, GBank Financial Holdings Inc. announced that it will release its third-quarter 2025 financial results after the market closes on October 27, 2025. The company will host a quarterly earnings call on October 29, 2025, at 10:00 a.m. PST, which will be accessible remotely via the internet. This announcement is part of the company’s ongoing efforts to keep investors informed and engaged, reflecting its commitment to transparency and regulatory compliance.
The most recent analyst rating on (GBFH) stock is a Hold with a $43.00 price target. To see the full list of analyst forecasts on GBank Financial Holdings stock, see the GBFH Stock Forecast page.
On September 29, 2025, T. Ryan Sullivan, CEO and director of GBank Financial Holdings, announced his resignation effective September 30, 2025. The company has entered into a Separation and Consulting Services Agreement with Sullivan, offering a lump sum payment and consulting role to ensure continuity during the transition.
The most recent analyst rating on (GBFH) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on GBank Financial Holdings stock, see the GBFH Stock Forecast page.
GBank Financial Holdings Inc. announced a management reorganization aimed at enhancing its digital banking and payments capabilities. On August 26, 2025, T. Ryan Sullivan, the President and CEO, signaled his intent not to renew his employment contract, which expires in August 2026, and discussions are underway for him to provide consulting services during the transition. Ed Nigro has been appointed as the new CEO, effective September 3, 2025, while continuing his role as Executive Chairman. This leadership change is part of the company’s strategic efforts to strengthen its market position and ensure a seamless transition.
On August 28, 2025, BoltBetz announced a partnership with Terrible’s / JETT Gaming to implement its cashless gaming technology across thousands of gaming machines in Nevada. This collaboration aims to enhance convenience, security, and player engagement, leveraging GBank’s FDIC-insured banking capabilities and BankCard Services’ patented technology. The partnership is expected to transform gaming operations and maintain Terrible’s reputation for customer-focused experiences.
On August 1, 2025, GBank Financial Holdings Inc. held its Annual Meeting of Stockholders virtually, with a quorum of 10,192,498 shares represented. During the meeting, stockholders approved the election of three Class III directors and ratified the appointment of RSM US LLP as the independent registered public accounting firm for the year ending December 31, 2025.
On July 29, 2025, GBank Financial Holdings Inc., the parent company of GBank, experienced technical issues during its quarterly earnings call, which disrupted the session and affected participant access. To address this, the company announced it will repeat the earnings call at the start of its 2025 annual stockholders meeting on August 1, 2025, at 2:00 p.m. PST, allowing stakeholders another opportunity to engage with the company’s financial updates.
GBank Financial Holdings Inc., a bank holding company based in Las Vegas, Nevada, operates through its subsidiary GBank, providing commercial and retail banking services in Nevada, California, Utah, and Arizona.