GBank Financial Holdings Inc
gbankfinancialholdings.comWhat Do They Do?
Provides commercial banking, government-guaranteed lending, and payment services to small and midsize businesses, individuals, and gaming operators.
10-K for FY2025, filed Mar 30, 2026GBank Financial Holdings Inc., a Nevada corporation (our “Company”), is a bank holding company that conducts business through its wholly…View ↗
The Bank provides general commercial banking services with an emphasis on serving the needs of small- and medium-sized businesses, high net…View ↗
The Bank operates two full-service commercial branches in Las Vegas, Nevada, with primary lending activities focused on engaging clients in…View ↗
The Bank has entered into a Second Amended and Restated Sponsorship and Program Management Agreement (as amended, restated, amended and…View ↗
The GBank Visa Signature® credit card is a niche financial product designed primarily for online gaming and sports betting users. Its main…View ↗
How Do They Make Money?
Most revenue comes from the difference between interest earned on loans and investments and interest paid on deposits; the bank also earns fees when account charges, card transactions, wires, or other services occur, and gains from selling guaranteed loan portions.
10-K for FY2025, filed Mar 30, 2026We generate the majority of our revenue through net interest income, calculated as the difference between interest earned on loans and…View ↗
Service charges on deposit accounts: Income from service charges on deposit accounts are recognized when an account is subject to a charge…View ↗
Interchange fees: Interchange fees represent fees charged for the electronic transfer of funds between a customer and a third party. Fees…View ↗
Wire transfer fees: Income from wire transfer fees are recognized when a fee is charged to a customer’s account, which occurs at the time a…View ↗
Miscellaneous fees: Miscellaneous fees for services such as account balancing assistance, response to a customer request for copies, etc.…View ↗
$1.2B
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10-K for FY2025, filed Mar 30, 2026
$1.2B ↗
Who Are Their Customers?
The bank serves small and midsize businesses, affluent individuals, and professionals and investors; it provides local banking through branches and business bankers’ visits, and government-guaranteed lending nationwide.
10-K for FY2025, filed Mar 30, 2026GBank Financial Holdings Inc., a Nevada corporation (our “Company”), is a bank holding company that conducts business through its wholly…View ↗
The Bank provides general commercial banking services with an emphasis on serving the needs of small- and medium-sized businesses, high net…View ↗
We derive our revenue from interest on loans, interest on investments, various fees and service charges, loan servicing, and gains on loan…View ↗
The Bank operates two full-service commercial branches in Las Vegas, Nevada, with primary lending activities focused on engaging clients in…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 2 cents of every revenue dollar as net income in FY2025 and turned 1 cent into free cash flow.
How Are They Changing?
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Jul 29, 2026
Chief financial officer leaves both the holding company and GBank
Jeffery E. Whicker left his CFO positions; Olivia M. Caley was serving as principal financial officer while the company searched for a replacement.
Sources
8-K, filed Jul 29, 2026
On July 24, 2026, Jeffrey E. Whicker had a separation of service from his positions as Executive Vice President and Chief Financial Officer…View ↗
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Jul 23, 2026
Payment platform to be integrated into AXES.ai casino management system
GBFH said its strategic partner BVNKROLL would integrate embedded banking and payments into AXES.ai’s system.
Sources
8-K, filed Jul 23, 2026
On July 23, 2026, GBank Financial Holdings Inc. (the “Company”), the parent company of GBank, issued a press release announcing that its…View ↗
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May 19, 2026
Jeff Newgard appointed GBank president and chief executive
Edward M. Nigro continued as GBank’s executive chairman.
Sources
8-K, filed May 19, 2026
On May 15, 2026, the board of directors (the “Board”) of GBank Financial Holdings Inc. (the “Company”) and the board of directors of the…View ↗
Growing. Revenue grew 16.4x in 1 year, from $75.2M in FY2024 to $1.2B in FY2025, about 1542% a year.
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