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GBank Financial Holdings Inc. operates as a bank holding company for GBank that provides banking services to commercial and consumer customers in Nevada. The company offers business and personal checking and savings accounts. It also provides small business administration loans; commercial real estate, equipment, business term, and medical/professional loans; business lines of credit; accounts receivable/inventory financing services; and credit cards. In addition, the company offers business and personal digital banking; debit cards; additional services; Zelle cash; business courier; merchant card; positive pay; and remote deposit capture services. It serves small- and medium-sized businesses, high net worth individuals, professionals, and investors. The company was founded in 2007 and is based in Las Vegas, Nevada.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $74M | - | $21M | $9M | 12.6% | 21.8% | 12.3% |
| 2024 | $61M | - | $19M | $26M | 13.2% | 32.6% | 70.7% |
| 2023 | $46M | - | $11M | $-38M | 11.1% | 9.5% | 0.5% |
| 2022 | $42M | - | $11M | $9M | 12.5% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 41.82 | 45.77 | 60.71 | 73.96 |
| Pretax Income | 14.03 | 13.53 | 23.91 | 27.09 |
| Tax Provision | 3.17 | 2.61 | 5.27 | 6.02 |
| Net Income | 10.87 | 10.92 | 18.64 | 20.93 |
| Net Income Common Stockholders | 10.87 | 10.92 | 18.64 | 20.93 |
| Interest Expense | 3.42 | 13.19 | 29.03 | 33.59 |
| Interest Income | 28.77 | 51.28 | 75.23 | 84.33 |
| Selling General And Administration | 17.04 | 20.09 | 23.36 | 28.75 |
| Normalized Income | 10.87 | 10.92 | 18.64 | 20.93 |
| Basic EPS | 0.87 | 0.86 | 1.41 | 0 |
| Diluted EPS | 0.84 | 0.84 | 1.39 | 0 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0.23 | 0.19 | 0.22 | 0.22 |
| Total Unusual Items | 0 | 0 | 0 | 0 |
| Total Unusual Items Excluding Goodwill | 0 | 0 | 0 | 0 |
| Net Income From Continuing Operation Net Minority Interest | 10.87 | 10.92 | 18.64 | 20.93 |
| Reconciled Depreciation | 5.88 | 7.21 | 5.92 | 6.75 |
| Net Interest Income | 25.35 | 38.09 | 46.20 | 50.73 |
| Net Income From Continuing And Discontinued Operation | 10.87 | 10.92 | 18.64 | 20.93 |
| Diluted Average Shares | 12.88 | 13.04 | 13.43 | 0 |
| Basic Average Shares | 12.49 | 12.71 | 13.20 | 0 |
| Diluted NI Availto Com Stockholders | 10.87 | 10.92 | 18.64 | 20.93 |
| Net Income Including Noncontrolling Interests | 10.87 | 10.92 | 18.64 | 20.93 |
| Net Income Continuous Operations | 10.87 | 10.92 | 18.64 | 20.93 |
| Earnings From Equity Interest Net Of Tax | 0 | 0 | 0 | -0.14 |
| Special Income Charges | 0 | 0 | 0 | 0 |
| Other Special Charges | 0 | 0 | 0 | 0 |
| Gain On Sale Of Security | 0 | 0 | 0 | 0.43 |
| Selling And Marketing Expense | 0 | 0 | 0.56 | 2.77 |
| General And Administrative Expense | 17.04 | 20.09 | 22.80 | 25.98 |
| Other Gand A | 0 | 0 | 0 | 0 |
| Insurance And Claims | 0.17 | 0.29 | 0.45 | 0.52 |
| Salaries And Wages | 16.87 | 19.80 | 22.35 | 25.46 |
| Operating Revenue | 41.82 | 45.77 | 60.71 | 73.96 |
| Occupancy And Equipment | 1.57 | 1.64 | 1.67 | 1.62 |
| Professional Expense And Contract Services Expense | 1.70 | 2.65 | 2.90 | 3.68 |
| Other Non Interest Expense | 6.13 | 6.78 | 6.62 | 8.97 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| GBank Financial Holdings Inc.this co. | GBFH | $407M | 19.55↑ premium | 2.44 | 12.6% | - |
| Bankwell Financial Group, Inc. | BWFG | $419M | 10.53 | 1.31 | 11.7% | - |
| Bank7 Corp. | BSVN | $414M | 9.31 | 1.59 | 17.2% | - |
| Bank of Marin Bancorp | BMRC | $413M | - | 1.03 | -9.0% | - |
| Citizens & Northern Corporation | CZNC |
| $412M |
| 15.75 |
| 1.20 |
| 6.9% |
| - |
| West Bancorporation, Inc. | WTBA | $409M | 11.60 | 1.51 | 12.2% | - |
| RBB Bancorp | RBB | $408M | 10.11 | 0.78 | 6.1% | - |
| Chaince Digital Holdings Inc. | CD | $406M | - | 8.46 | -11.6% | -100.98 |
| Greene County Bancorp, Inc. | GCBC | $402M | 10.31 | 1.50 | 13.0% | - |
| Peer Median | - | 10.42 | 1.40 | 9.3% | -100.98 | |