Business
GBank Financial Holdings Inc. Announces Fourth Quarter 2025 Financial Results
LAS VEGAS, Jan. 28, 2026 (GLOBE NEWSWIRE) -- GBank Financial Holdings Inc. (the “Company”) (NASDAQ: GBFH), the parent company of GBank (the “Bank”), today
About this update from Gbank Financial Holdings Inc.
[{"type":"text","content":"LAS VEGAS, Jan. 28, 2026 (GLOBE NEWSWIRE) -- GBank Financial Holdings Inc. (the “Company”) (NASDAQ: GBFH), the parent company of GBank (the “Bank”), today reported record net income for the quarter ended December 31, 2025 of $7.4 million, or $0.51 per diluted share. The results for the fourth quarter of 2025 include unusual items with a net impact of $192 thousand after-tax, or $0.01 per diluted share, primarily associated with severance expenses as well as costs incurred related to the discontinuation of a third-party credit card marketing campaign, partially offset by gains recognized on investment security sales. Adjusted net income(1) for the quarter ended December 31, 2025 was $7.6 million, or $0.52 adjusted diluted earning per share(1). For the year ended December 31, 2025, net income was $20.9 million, or $1.44 per diluted share, compared to $18.6 million, or $1.39 per diluted share, for the year ended December 31, 2024. The net income for the year ended December 31, 2025 includes the above mentioned items, as well as severance expenses incurred during the third quarter of 2025 and certain non-recurring expenses associated with the listing of the Company's common stock with the Nasdaq Capital Market. Adjusted net income(1) for the year ended December 31, 2025 was $24.1 million, or $1.66 adjusted diluted earning per share(1). Fourth Quarter 2025 Financial Highlights (Unaudited) Record net revenue(1) of $20.7 million, a 2.7% increase compared to the third quarter of 2025 Return on average assets of 2.20% compared to 1.37% for the third quarter of 2025 and return on average stockholders' equity of 18.03% compared to 10.89% for the third quarter of 2025Gain on loan sales of $3.6 million on loans sold of $92.3 million, compared to gain on loan sales of $3.6 million on loans sold of $110.8 million for the third quarter of 2025Gain on loan sales margin(1) of 3.93% compared to 3.24% for the third quarter of 2025Credit card transaction volume of $99.3 million and net interchange fees of $1.8 million, compared to $131.3 million and $2.4 million, respectively, for the third quarter of 2025U.S. Small Business Administration (“SBA”) lending and commercial banking loan originations of $126.4 million, compared to $242.1 million for the third quarter of 2025. SBA lending activity during the fourth quarter of 2025 was impacted by the gove...