Earnings summaries and quarterly performance for GBank Financial Holdings.
Research analysts who have asked questions during GBank Financial Holdings earnings calls.
Recent press releases and 8-K filings for GBFH.
GBank Financial Holdings Inc. Announces Regulatory Approvals for Strategic Partner BoltBetz
GBFH
Product Launch
New Projects/Investments
- GBank Financial Holdings Inc. announced on December 10, 2025, that its strategic partner BoltBetz received two significant approvals from the Nevada Gaming Control Board (GCB).
- The first approval designates BoltBetz as a software solution allowing players to create and fund wagering accounts in Konami’s SYNKROS cashless wagering system via the BoltBetz mobile app.
- The second approval permits Distill and Remedy’s Taverns to use the BoltBetz product, facilitating the launch of a fully integrated cashless gaming platform at nine locations in Las Vegas.
- GBank will hold all funds, eliminating the need for a digital fund reserve for Distill, with plans to offer these solutions to licensed gaming slot operators across the United States.
3 days ago
GBFH Reports Q3 2025 Earnings, Net Revenue Growth, and Addresses Fraud Issues
GBFH
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- GBFH reported Q3 2025 earnings of $4.3 million or $0.30 per diluted share, a decrease from the prior quarter, primarily impacted by $2 million in unusual operating expenses, including $900,000 for CEO contract resolution and $707,000 for fraudulent direct mail campaigns.
- Despite the earnings decrease, the company achieved net revenue growth of 13.5% quarter-over-quarter, reaching $20.2 million, and interest income increased 4.9% to $13 million.
- To combat fraud, GBFH implemented new detection systems (e.g., Experian Bust Out Score, Plaid identification verification) and processes after experiencing significant application fraud, which led to the temporary shutdown of its credit card application process. The application process has since reopened, and credit card balances grew from $82 million to $131 million in Q3 2025.
- Strategic initiatives include the Bull Bets gaming application, which is in product testing and anticipated to start monetizing in the second half of 2026, with potential for $30-$40 million in deposits and $200 million in monthly transactions for 2,500 machines.
- Capital levels remain strong with a Tier One capital ratio of 13.37%, and liquidity is healthy with $253 million in on-balance sheet liquidity and $504 million in borrowing capacity.
Oct 29, 2025, 5:00 PM
GBank Financial Holdings Inc. Announces Third Quarter 2025 Financial Results
GBFH
Earnings
Management Change
Revenue Acceleration/Inflection
- GBank Financial Holdings Inc. reported net income of $4.3 million, or $0.30 per diluted share, for the third quarter ended September 30, 2025. These results include $2.0 million after-tax (or $0.14 per diluted share) in unusual expenses, primarily from executive severance and costs related to discontinuing a credit card marketing campaign.
- Excluding these unusual expenses, adjusted diluted earnings per share was $0.44 for the third quarter of 2025.
- The company achieved net revenue of $20.2 million for Q3 2025, representing a 13.5% increase compared to the second quarter of 2025.
- Total assets increased 5.6% to $1.3 billion as of September 30, 2025, with total loans, net of deferred fees and costs, reaching $940.6 million.
- Operational highlights include record-breaking SBA lending and commercial banking loan originations of $242.1 million and a nearly 60% sequential increase in credit card transaction volume to over $131 million during the third quarter of 2025.
Oct 28, 2025, 11:41 PM
GBank Financial Holdings Announces CEO T. Ryan Sullivan's Departure and Consulting Agreement
GBFH
CEO Change
Board Change
Executive Compensation
- T. Ryan Sullivan resigned from his positions as President, Chief Executive Officer, and a member of the Board of Directors of GBank Financial Holdings Inc. and its subsidiary, GBANK, effective September 30, 2025.
- In connection with his separation, Mr. Sullivan will receive a lump sum payment of $525,000, along with accrued and unused paid time off, and continued vesting of restricted stock awards during his consulting term.
- The company has engaged Mr. Sullivan as an executive consultant from October 1, 2025, through June 30, 2026, for which he will receive a monthly retainer of $40,000.
Sep 30, 2025, 10:12 PM
GBank Financial Holdings Inc. Announces Strategic Partnership for Cashless Gaming
GBFH
New Projects/Investments
Product Launch
- GBank Financial Holdings Inc. (GBFH) announced a strategic partnership between its partner, BoltBetz, and Terrible’s / JETT Gaming, effective August 28, 2025.
- This collaboration involves the deployment of BoltBetz gaming technology and GBank’s payments platforms across thousands of Terrible’s / JETT Gaming slot machines.
- The partnership aims to bring cashless convenience to neighborhood casinos, leveraging GBank's FDIC-insured banking capabilities.
Aug 28, 2025, 4:51 PM
Quarterly earnings call transcripts for GBank Financial Holdings.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more