NASDAQ : GBFH

GBank Financial Holdings Inc. — Financial statements

Financials · Banks - Regional · United States

Last price 15.01 USD (Oct 30, 2026, 3:09 PM EDT) · Market cap 217.89M

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Financial statements

Income statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022
Interest Income on Loans80.29M73.61M66.27M42.14M24.10M
Interest Income on Investments10.44M10.72M8.96M9.14M4.67M
Total Interest Income90.73M84.33M75.23M51.28M28.77M
Interest Paid on Deposits36.59M32.47M27.77M11.71M2.28M
Interest Paid on Borrowings2.08M1.12M1.25M1.48M1.15M
Total Interest Expense38.67M33.59M29.03M13.19M3.42M
Net Interest Income52.06M50.73M46.20M38.09M25.35M
Gain (Loss) on Sale of Investments426.00K426.00K
Other Non-Interest Income12.25M12.29M3.92M1.95M2.67M
Total Non-Interest Income30.59M25.29M16.18M7.68M16.47M
Revenues Before Loan Losses82.65M76.02M62.38M45.77M41.82M
Provision for Loan Losses7.60M3.85M2.24M1.09M1.35M
Revenue75.05M72.17M60.14M44.68M40.47M
Salaries and Employee Benefits24.33M22.10M20.41M19.05M16.64M
Federal Deposit Insurance520.00K520.00K454.00K291.00K167.00K
Selling, General & Administrative16.30M16.21M10.74M8.45M6.96M
Other Non-Interest Expense9.71M4.95M4.63M3.36M2.67M
Total Non-Interest Expense50.93M43.92M36.23M31.16M26.44M
EBT Excluding Unusual Items24.12M28.25M23.91M13.53M14.03M
Other Unusual Items-1.30M-1.30M
Pretax Income22.82M26.95M23.91M13.53M14.03M
Income Tax Expense4.80M6.02M5.27M2.61M3.17M
Net Income18.03M20.93M18.64M10.92M10.87M
Net Income to Common18.03M20.93M18.64M10.92M10.87M
Basic Shares Outstanding14.44M14.29M13.20M12.71M12.49M
Diluted Shares Outstanding14.49M14.48M13.43M13.04M12.88M
EPS (Basic)1.251.461.410.860.87
EPS (Diluted)1.241.441.390.840.84
Effective Tax Rate21.02%22.34%22.06%19.27%22.55%

Balance sheet

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022
Cash & Equivalents113.34M197.86M124.12M97.93M136.44M
Investment Securities4.30M3.96M360.00K300.00K
Mortgage-Backed Securities114.56M71.04M106.18M100.38M107.52M
Total Investments114.56M75.34M110.14M100.74M107.82M
Gross Loans1.07B970.17M824.86M598.45M376.66M
Allowance for Loan Losses-13.94M-9.89M-9.11M-7.09M-6.86M
Other Adjustments to Gross Loans-10.90M-8.90M-6.30M-8.65M
Net Loans1.06B949.38M806.84M585.06M361.15M
Property, Plant & Equipment6.39M5.35M6.23M3.82M
Loans Held for Sale69.73M46.01M32.65M91.58M37.44M
Accrued Interest Receivable7.69M7.06M5.53M
Long-Term Deferred Tax Assets569.00K1.09M356.00K3.21M
Other Real Estate Owned & Foreclosed4.40M
Other Long-Term Assets101.07M66.34M30.45M27.74M26.94M
Total Assets1.46B1.36B1.12B918.38M678.70M
Interest Bearing Deposits967.38M886.86M695.41M528.80M250.48M
Institutional Deposits41.71M
Non-Interest Bearing Deposits196.55M214.13M239.67M216.90M304.95M
Total Deposits1.16B1.14B935.08M745.70M555.43M
Short-Term Borrowings60.00M371.00K30.00M
Current Portion of Leases1.01M
Long-Term Debt30.35M26.16M26.09M26.01M25.94M
Long-Term Leases5.19M4.75M4.84M5.50M2.98M
Other Long-Term Liabilities21.74M18.75M15.66M12.74M7.55M
Total Liabilities1.28B1.19B981.66M819.95M591.91M
Common Stock1.00K1.00K1.00K1.00K1.00K
Additional Paid-In Capital83.77M80.41M77.57M52.88M52.12M
Retained Earnings96.00M85.37M64.44M45.80M34.88M
Comprehensive Income & Other-4.39M-17.00K-1.31M-252.00K-210.00K
Shareholders' Equity175.38M165.75M140.70M98.43M86.80M
Total Liabilities & Equity1.46B1.36B1.12B918.38M678.70M
Total Debt95.55M32.29M30.93M61.51M28.92M
Net Cash (Debt)17.80M165.57M93.19M36.42M107.52M
Net Cash Per Share1.2311.436.942.798.34
Filing Date Shares Outstanding14.52M14.47M14.25M14.25M12.49M
Total Common Shares Outstanding14.52M14.39M14.25M12.75M12.49M
Book Value Per Share12.0811.529.877.726.95
Tangible Book Value175.38M165.75M140.70M98.43M86.80M
Tangible Book Value Per Share12.0811.529.877.726.95

Cash flow statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022
Net Income20.93M18.64M10.92M
Depreciation & Amortization6.75M5.52M6.45M
Other Amortization75.00K75.00K74.00K
Gain (Loss) on Sale of Assets72.00K
Gain (Loss) on Sale of Investments-1.22M-393.00K-599.00K
Total Asset Writedown401.00K762.00K
Provision for Credit Losses3.85M2.24M1.09M
Net Decrease (Increase) in Loans Originated / Sold - Operating6.67M10.95M-49.60M
Accrued Interest Receivable-656.00K-1.60M-1.92M
Change in Other Net Operating Assets-19.00M-1.26M-6.09M
Other Operating Activities-768.00K-405.00K-378.00K
Operating Cash Flow9.64M26.48M-37.59M
Capital Expenditures-496.00K-194.00K-328.00K
Investment in Securities38.03M-6.77M7.69M
Net Decrease (Increase) in Loans Originated / Sold - Investing-166.33M-170.74M-227.22M
Other Investing Activities-15.86M-1.43M-1.33M
Investing Cash Flow-144.66M-179.13M-221.19M
Short-Term Debt Issued371.00K30.00M
Total Debt Issued371.00K30.00M
Short-Term Debt Repaid-30.00M
Total Debt Repaid-30.00M
Net Debt Issued (Repaid)371.00K-30.00M30.00M
Issuance of Common Stock774.00K19.46M7.00K
Net Increase (Decrease) in Deposit Accounts207.62M189.38M190.27M
Financing Cash Flow208.76M178.84M220.27M
Net Cash Flow73.74M26.19M-38.50M
Free Cash Flow9.14M26.29M-37.91M
Free Cash Flow Margin12.67%43.71%-84.85%
Free Cash Flow Per Share0.631.96-2.91
Cash Interest Paid32.94M27.50M11.79M
Cash Income Tax Paid4.15M5.55M3.02M

Ratios

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022
Market Capitalization222.39M487.21M602.36M179.22M130.08M
Last Close Price15.1633.8943.0014.0610.25
PE Ratio12.3623.2832.3216.4111.97
PS Ratio2.996.7510.024.013.21
PB Ratio1.262.944.281.821.50
P/FCF Ratio7.2353.2922.91
P/OCF Ratio7.0450.5522.75
Debt / Equity Ratio0.550.200.220.620.33
Debt / FCF Ratio3.531.18
Net Debt / Equity Ratio-0.10-1.00-0.66-0.37-1.24
Net Debt / FCF Ratio-18.11-3.540.96
Return on Equity (ROE)10.81%13.66%15.59%11.79%
Return on Assets (ROA)1.31%1.69%1.83%1.37%
Earnings Yield8.09%4.30%3.09%6.09%8.36%
FCF Yield13.83%1.88%4.36%-21.15%
Buyback Yield / Dilution0.11%-7.88%-2.94%-1.23%