GBFH · GBank Financial Holdings Inc.

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.

Cap structure and valuation

Cap structure
SP	$20.88
SO	14.5M
Options	0.3M
Warrants	0.0M
FD SO	14.7M
MC	$308.0M

Cash	$108.1M
Total debt	$31.1M ⚠
EV	$231.0M

TTM Multiples
EV / Revenue	2.0x
EV / EBITDA	—
MC / Net Income	17.3x
EV / FCF	50.4x
MC / FCF	67.3x

Ownership & coverage
Institutional	25.6%
Insiders	36.0%
# Institutions	109
Analysts	3
Consensus	Strong Buy
Avg target	$32.00

Short % float	7.1%
Days to cover	9.20

MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-05-06. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-08-10 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-07-15; the float denominator can be unreliable on tiny floats.

Debt figure uncertain — deposit-funded financial institution — debt/EV not a meaningful metric. Verify against the filing before relying on EV.

Financial statements

	3/31/26	12/31/25	9/30/25	6/30/25
Total Revenue	29.05	30.00	28.80	25.94
Revenue YoY %	16.8%	18.5%	21.8%	14.5%
Gross Profit	12.70	13.74	13.28	12.65
Gross Profit YoY %	4.3%	13.8%	5.9%	8.7%
Gross Margin %	43.7%	45.8%	46.1%	48.8%

SG&A	15.88	11.46	12.32	10.40

Interest Expense	12.19	13.46	13.00	12.39
Pretax Income	1.45	9.42	5.59	6.24
Tax Provision	0.14	2.03	1.28	1.49
Net Income	1.31	7.40	4.31	4.75
Net Margin %	4.5%	24.7%	15.0%	18.3%

Diluted EPS	$0.09	$0.51	$0.30	$0.33
Basic EPS	$0.09	$0.51	$0.30	$0.33
Diluted Avg Shares	14.5	—	14.5	14.6
Basic Avg Shares	14.4	—	14.3	14.3

	LTM	12/31/25	12/31/24
Total Revenue	113.79	109.61	91.41
Revenue YoY %	3.8%	19.9%	—
Gross Profit	52.38	51.85	47.45
Gross Profit YoY %	1.0%	9.3%	—
Gross Margin %	46.0%	47.3%	51.9%

SG&A	50.05	45.08	36.23

Interest Expense	51.03	50.73	46.20
Pretax Income	22.71	26.95	23.91
Tax Provision	4.93	6.02	5.27
Net Income	17.77	20.93	18.64
Net Margin %	15.6%	19.1%	20.4%

Diluted EPS	$1.23	$1.44	$1.39
Basic EPS	$1.23	$1.46	$1.41
Diluted Avg Shares	14.5	14.5	13.4
Basic Avg Shares	14.4	14.3	13.2

	3/31/26	12/31/25	9/30/25	6/30/25
Cash & Equivalents	108.09	197.86	103.39	143.23

Net PPE	1.24	1.09	0.85	0.77
Operating Lease ROU	5.08	5.30	5.52	5.74
Other Assets	1,279.40	1,155.24	1,191.62	1,082.69
Total Assets	1,393.81	1,359.49	1,301.38	1,232.42

Other Liabilities	1,226.19	1,193.74	1,143.18	1,080.67
Total Liabilities	1,226.19	1,193.74	1,143.18	1,080.67

Retained Earnings	86.68	85.37	77.97	73.66
Total Equity	167.62	165.75	158.19	151.75

	LTM	12/31/25	12/31/24
Cash & Equivalents	108.09	197.86	124.12

Net PPE	1.24	1.09	0.83
Operating Lease ROU	5.08	5.30	4.52
Other Assets	1,279.40	1,155.24	992.89
Total Assets	1,393.81	1,359.49	1,122.36

Other Liabilities	1,226.19	1,193.74	981.66
Total Liabilities	1,226.19	1,193.74	981.66

Retained Earnings	86.68	85.37	64.44
Total Equity	167.62	165.75	140.70

	3/31/26	12/31/25	9/30/25	6/30/25
Net Income	1.31	7.40	4.31	4.75
D&A	0.07	0.06	0.06	0.06
Stock-Based Comp	0.66	0.39	0.52	0.57
Δ Working Cap & Other	(12.11)	18.82	(17.09)	(4.53)
Operating Cash Flow	(10.07)	26.67	(12.20)	0.86

CapEx	(0.21)	(0.30)	(0.14)	(0.02)
Other Investing	(112.46)	17.22	(87.41)	(41.10)
Investing Cash Flow	(112.67)	16.92	(87.55)	(41.12)

Stock Issuance	0.93	0.00	0.20	0.00
Other Financing	32.04	50.89	59.71	36.52
Financing Cash Flow	32.97	50.89	59.91	36.52

Free Cash Flow	(10.28)	26.36	(12.35)	0.84

	LTM	12/31/25	12/31/24
Net Income	17.77	20.93	18.64
D&A	0.24	0.24	0.25
Stock-Based Comp	2.15	2.06	1.93
Δ Working Cap & Other	(14.92)	(13.59)	5.66
Operating Cash Flow	5.25	9.64	26.48

CapEx	(0.67)	(0.50)	(0.19)
Other Investing	(223.75)	(144.16)	(178.94)
Investing Cash Flow	(224.42)	(144.66)	(179.13)

Stock Issuance	1.13	0.23	19.46
Other Financing	179.16	208.53	159.38
Financing Cash Flow	180.29	208.76	178.84

Free Cash Flow	4.58	9.14	26.29

	3/31/26	12/31/25	9/30/25	6/30/25
Current Ratio	—	—	—	—
Quick Ratio	—	—	—	—
Debt / Equity	7.32	7.20	7.23	7.12
EBITDA Margin %	—	—	—	—
Working Capital	—	—	—	—
Net Debt	—	—	—	—
ROE %	0.8%	4.5%	2.7%	3.1%
ROA %	0.1%	0.5%	0.3%	0.4%

	LTM	12/31/25	12/31/24
Current Ratio	—	—	—
Quick Ratio	—	—	—
Debt / Equity	7.32	7.20	6.98
EBITDA Margin %	—	—	—
Working Capital	—	—	—
Net Debt	—	—	—
ROE %	10.6%	12.6%	13.2%
ROA %	1.3%	1.5%	1.7%

Insider activity (last 2 years)

Date Filed	Reporter	Relationship	Trans. Date	Code	Shares	Price	Total Value
2026-08-07	Griege Charles William Jr.	Director	2026-08-05	P	25,000	$21.03	$525,675
2026-08-05	Nigro Todd Anthony	Director, Officer (SECRETARY)	2026-08-04	P	5,000	$21.07	$105,350
2026-08-05	NIGRO EDWARD MICHAEL	Director, Officer (CEO and Executive Chairman)	2026-08-04	P	9,200	$21.51	$197,852
2026-08-05	Herbst Timothy P	Director	2026-08-04	P	10,000	$21.50	$214,971
2026-08-05	NEWGARD JEFFREY K	Officer (President/CEO (GBank))	2026-08-04	P	4,293	$21.54	$92,459
2026-08-05	NEWGARD JEFFREY K	Officer (President/CEO (GBank))	2026-08-04	P	8,772	$21.54	$188,923
2026-08-05	NEWGARD JEFFREY K	Officer (President/CEO (GBank))	2026-08-03	P	6,309	$21.75	$137,249
2026-08-05	NEWGARD JEFFREY K	Officer (President/CEO (GBank))	2026-08-03	P	12,889	$21.75	$280,394
2026-07-09	NEWGARD JEFFREY K	Officer (President/CEO (GBank))	2026-07-09	A	20,000	—	$0
2026-07-09	Nigro Todd Anthony	Director, Officer (SECRETARY)	2026-07-07	A	318	$27.16	$8,637
2026-07-09	Nigro Todd Anthony	Director, Officer (SECRETARY)	2026-07-07	A	154	$30.12	$4,638
2026-07-09	Griege Charles William Jr.	Director	2026-07-07	A	336	$27.16	$9,126
2026-07-09	Griege Charles William Jr.	Director	2026-07-07	A	270	$30.12	$8,132
2026-07-09	SIMS JAMES K	Director	2026-07-07	A	327	$27.16	$8,881
2026-07-09	SIMS JAMES K	Director	2026-07-07	A	212	$30.12	$6,385
2026-07-09	LEVER KATHRYN S	Director	2026-07-07	A	309	$27.16	$8,392
2026-07-09	LEVER KATHRYN S	Director	2026-07-07	A	262	$30.12	$7,891
2026-07-09	HORNBUCKLE WILLIAM	Director	2026-07-07	A	309	$27.16	$8,392
2026-07-09	HORNBUCKLE WILLIAM	Director	2026-07-07	A	262	$30.12	$7,891
2026-07-09	Herbst Timothy P	Director	2026-07-07	A	382	$27.16	$10,375
2026-07-09	Herbst Timothy P	Director	2026-07-07	A	279	$30.12	$8,403
2026-06-09	Griege Charles William Jr.	Director	2026-06-05	P	4,000	$29.00	$116,000
2026-06-09	Griege Charles William Jr.	Director	2026-06-05	P	24,000	$29.00	$696,000
2026-03-04	Whicker Jeffery Ernest	Officer (EVP/CFO (GBank))	2026-03-04	M	28,000	$10.80	$302,400
2026-03-04	Whicker Jeffery Ernest	Officer (EVP/CFO (GBank))	2026-03-04	M	28,000	—	$0
2026-03-04	Whicker Jeffery Ernest	Officer (EVP/CFO (GBank))	2026-03-03	M	7,125	$10.80	$76,950
2026-03-04	Whicker Jeffery Ernest	Officer (EVP/CFO (GBank))	2026-03-03	S	(7,125)	$29.98	-$213,610
2026-03-04	Whicker Jeffery Ernest	Officer (EVP/CFO (GBank))	2026-03-03	M	7,125	—	$0
2026-03-04	Whicker Jeffery Ernest	Officer (EVP/CFO (GBank))	2026-03-02	M	24,875	$10.80	$268,650
2026-03-04	Whicker Jeffery Ernest	Officer (EVP/CFO (GBank))	2026-03-02	S	(24,875)	$30.07	-$747,912
2026-03-04	Whicker Jeffery Ernest	Officer (EVP/CFO (GBank))	2026-03-02	M	24,875	—	$0
2026-02-27	Campbell Tara Allyce	Officer (EVP/COO of GBank)	2026-02-26	M	13,000	$12.37	$160,810
2026-02-27	Campbell Tara Allyce	Officer (EVP/COO of GBank)	2026-02-26	M	(13,000)	—	$-0
2026-02-27	Campbell Tara Allyce	Officer (EVP/COO of GBank)	2026-02-25	M	9,766	$12.37	$120,805
2026-02-27	Campbell Tara Allyce	Officer (EVP/COO of GBank)	2026-02-25	S	(7,000)	$31.41	-$219,882
2026-02-27	Campbell Tara Allyce	Officer (EVP/COO of GBank)	2026-02-25	M	(9,766)	—	$-0
2026-01-08	Herbst Timothy P	Director	2026-01-06	A	206	$35.84	$7,383
2026-01-07	HORNBUCKLE WILLIAM	Director	2026-01-06	A	178	$35.84	$6,380
2026-01-07	Nigro Todd Anthony	Director, Officer (SECRETARY)	2026-01-06	A	185	$35.84	$6,630
2026-01-07	Voinovich Michael C	Director	2026-01-06	A	280	$35.84	$10,035
2026-01-07	Finley Alfred Lee	Director, 10% Owner	2026-01-06	A	143	$35.84	$5,125
2026-01-07	LEVER KATHRYN S	Director	2026-01-06	A	192	$35.84	$6,881
2026-01-07	SIMS JAMES K	Director	2026-01-06	A	206	$35.84	$7,383
2026-01-07	Griege Charles William Jr.	Director	2026-01-06	A	185	$35.84	$6,630
2025-12-22	Herbst Timothy P	Director	2025-12-18	A	1,100	—	$0
2025-12-22	Levine Scot Michael	Officer (EVP, CRO (GBank))	2025-12-18	A	1,900	—	$0
2025-12-22	NIGRO EDWARD MICHAEL	Director, Officer (CEO and Executive Chairman)	2025-12-18	A	20,000	—	$0
2025-12-22	Campbell Tara Allyce	Officer (EVP/COO of GBank)	2025-12-18	A	1,900	—	$0
2025-12-22	DeCou Nancy M	Officer (EVP/Chief SBA Officer (GBank))	2025-12-18	A	20,000	—	$0
2025-12-22	Voinovich Michael C	Director	2025-12-18	A	1,100	—	$0
2025-12-22	Nigro Todd Anthony	Director, Officer (SECRETARY)	2025-12-18	A	1,100	—	$0
2025-12-22	SIMS JAMES K	Director	2025-12-18	A	1,100	—	$0
2025-12-22	LEVER KATHRYN S	Director	2025-12-18	A	1,100	—	$0
2025-12-22	HORNBUCKLE WILLIAM	Director	2025-12-18	A	1,100	—	$0
2025-12-22	Griege Charles William Jr.	Director	2025-12-18	A	1,100	—	$0
2025-12-22	Finley Alfred Lee	Director, 10% Owner	2025-12-18	A	1,100	—	$0
2025-12-22	Whicker Jeffery Ernest	Officer (EVP/CFO (GBank))	2025-12-18	A	1,900	—	$0
2025-12-09	HORNBUCKLE WILLIAM	Director	2025-12-05	G	(100,000)	—	$-0
2025-11-12	Griege Charles William Jr.	Director	2025-11-11	P	25,000	$33.30	$832,598
2025-11-12	NIGRO EDWARD MICHAEL	Director, Officer (Executive Chairman)	2025-11-07	P	200	$34.17	$6,834
2025-11-12	NIGRO EDWARD MICHAEL	Director, Officer (Executive Chairman)	2025-11-07	P	200	$33.99	$6,797
2025-11-12	NIGRO EDWARD MICHAEL	Director, Officer (Executive Chairman)	2025-11-07	P	200	$34.00	$6,800
2025-11-12	NIGRO EDWARD MICHAEL	Director, Officer (Executive Chairman)	2025-11-07	P	200	$34.10	$6,820
2025-11-04	Campbell Tara Allyce	Officer (EVP/COO of GBank)	2025-11-03	S	(2,956)	$35.77	-$105,738
2025-11-04	Campbell Tara Allyce	Officer (EVP/COO of GBank)	2025-11-03	S	(911)	$35.09	-$31,970
2025-10-03	Finley Alfred Lee	Director, 10% Owner	2025-10-01	A	141	$39.92	$5,629
2025-10-03	Nigro Todd Anthony	Director, Officer (SECRETARY)	2025-10-01	A	179	$39.92	$7,146
2025-10-03	Sklar Alan Curtis	Director	2025-10-01	A	166	$39.92	$6,627
2025-10-03	Griege Charles William Jr.	Director	2025-10-01	A	179	$39.92	$7,146
2025-10-03	HORNBUCKLE WILLIAM	Director	2025-10-01	A	148	$39.92	$5,908
2025-10-03	Voinovich Michael C	Director	2025-10-01	A	251	$39.92	$10,020
2025-10-03	LEVER KATHRYN S	Director	2025-10-01	A	173	$39.92	$6,906
2025-10-03	SIMS JAMES K	Director	2025-10-01	A	173	$39.92	$6,906
2025-09-16	Levine Scot Michael	Officer (EVP, CRO (GBank))	2025-09-15	S	(5,650)	$39.07	-$220,729
2025-09-16	Levine Scot Michael	Officer (EVP, CRO (GBank))	2025-09-12	M	8,000	$20.31	$162,480
2025-09-16	Levine Scot Michael	Officer (EVP, CRO (GBank))	2025-09-12	S	(2,350)	$39.29	-$92,327
2025-09-16	Levine Scot Michael	Officer (EVP, CRO (GBank))	2025-09-12	M	(8,000)	—	$-0
2025-08-06	Campbell Tara Allyce	Officer (EVP/COO of GBank)	2025-08-05	M	3,234	$12.37	$40,005
2025-08-06	Campbell Tara Allyce	Officer (EVP/COO of GBank)	2025-08-05	M	(3,234)	—	$-0
2025-08-05	Fersdahl David Jon	Officer (EVP/Card & Payments (GBank))	2025-08-05	S	(160)	$37.83	-$6,053
2025-08-05	Fersdahl David Jon	Officer (EVP/Card & Payments (GBank))	2025-08-04	S	(2,840)	$37.81	-$107,387
2025-07-07	SIMS JAMES K	Director	2025-07-02	A	214	—	$0
2025-07-07	Voinovich Michael C	Director	2025-07-02	A	354	—	$0
2025-07-07	HORNBUCKLE WILLIAM	Director	2025-07-02	A	201	—	$0
2025-07-07	Griege Charles William Jr.	Director	2025-07-02	A	194	—	$0
2025-07-07	Nigro Todd Anthony	Director, Officer (SECRETARY)	2025-07-02	A	316	—	$0
2025-07-07	Finley Alfred Lee	Director, 10% Owner	2025-07-02	A	167	—	$0
2025-07-07	LEVER KATHRYN S	Director	2025-07-02	A	201	—	$0
2025-07-07	Sklar Alan Curtis	Director	2025-07-02	A	276	—	$0
2025-06-16	Sklar Alan Curtis	Director	2025-06-13	S	(614)	$36.00	-$22,104
2025-06-16	Sklar Alan Curtis	Director	2025-06-13	S	(100)	$36.08	-$3,608
2025-06-16	Sklar Alan Curtis	Director	2025-06-13	S	(130)	$36.01	-$4,681
2025-06-16	Sklar Alan Curtis	Director	2025-06-13	S	(814)	$36.06	-$29,357
2025-06-16	Sklar Alan Curtis	Director	2025-06-13	S	(4)	$36.07	-$144
2025-06-16	Sklar Alan Curtis	Director	2025-06-13	S	(140)	$36.12	-$5,057
2025-06-16	Sklar Alan Curtis	Director	2025-06-13	S	(6)	$36.13	-$217
2025-06-11	NIGRO EDWARD MICHAEL	Director, Officer (Executive Chairman)	2025-06-10	S	(2,955)	$39.60	-$117,007
2025-06-11	NIGRO EDWARD MICHAEL	Director, Officer (Executive Chairman)	2025-06-10	S	(1,284)	$40.00	-$51,360
2025-06-09	NIGRO EDWARD MICHAEL	Director, Officer (Executive Chairman)	2025-06-09	S	(13,609)	$39.07	-$531,713
2025-06-09	NIGRO EDWARD MICHAEL	Director, Officer (Executive Chairman)	2025-06-09	S	(8,576)	$39.74	-$340,805
2025-06-09	NIGRO EDWARD MICHAEL	Director, Officer (Executive Chairman)	2025-06-09	S	(1,424)	$40.00	-$56,960
2025-06-09	NIGRO EDWARD MICHAEL	Director, Officer (Executive Chairman)	2025-06-06	S	(6,391)	$39.07	-$249,680
2025-05-30	Finley Alfred Lee	Director, 10% Owner	2025-05-29	S	(2,116)	$41.51	-$87,838
2025-05-28	Finley Alfred Lee	Director, 10% Owner	2025-05-28	S	(5,967)	$41.53	-$247,810
2025-05-28	Finley Alfred Lee	Director, 10% Owner	2025-05-28	S	(4,033)	$41.25	-$166,361
2025-05-28	Finley Alfred Lee	Director, 10% Owner	2025-05-27	S	(10,000)	$42.55	-$425,500
2025-05-28	Finley Alfred Lee	Director, 10% Owner	2025-05-27	S	(10,000)	$42.51	-$425,100
2025-05-28	Finley Alfred Lee	Director, 10% Owner	2025-05-27	S	(301)	$42.60	-$12,823
2025-05-08	Griege Charles William Jr.	10% Owner	2025-05-07-05:00	S	(50,000)	$41.50	-$2,075,000
2025-05-08	Griege Charles William Jr.	10% Owner	2025-05-06-05:00	S	(50,000)	$42.52	-$2,125,875