Core Insights - GBank Financial Holdings Inc. has appointed Hilary R. Sledge-Sarnor as Executive Vice President, General Counsel, and Corporate Secretary, effective October 20, 2025 [1][2] Company Overview - GBank Financial Holdings Inc. is a bank holding company headquartered in Las Vegas, Nevada, listed on the Nasdaq Capital Market under the symbol "GBFH" [5] - The company operates a national payment and Gaming FinTech business, serving gaming clients across the U.S. and featuring the GBank Visa Signature® Card [5] - GBank is a top national SBA lender, operating across 40 states, with two full-service commercial branches in Las Vegas [5] Leadership Appointment - Ms. Sledge-Sarnor will oversee legal, corporate governance, and regulatory affairs, serving as a strategic advisor to executive management and the Board of Directors [2][3] - She has over 15 years of experience in banking regulation, corporate governance, and commercial lending, previously working at Greenberg Traurig, LLP and MUFG Bank [3][4] - The CEO of GBank expressed confidence in Ms. Sledge-Sarnor's ability to navigate complex regulatory environments, which is crucial for the company's growth [4]

Core Viewpoint - GBank Financial Holdings Inc. announced the resignation of Alan C. Sklar from its Board of Directors, effective October 28, 2025, marking the end of his nearly two-decade involvement with the company [1][2]. Company Overview - GBank Financial Holdings Inc. is a bank holding company based in Las Vegas, Nevada, listed on the Nasdaq under the symbol "GBFH" [4]. - The company operates a national payment and Gaming FinTech business, serving gaming clients across the U.S. and offering products like the GBank Visa Signature® Card [4]. - GBank is recognized as a top national SBA lender, operating in 40 states, and has two full-service commercial branches in Las Vegas [4]. Leadership Transition - Alan C. Sklar has been a founding director and played a crucial role in guiding GBank through its growth and transformation [2]. - The Chairman and CEO, Edward M. Nigro, expressed gratitude for Sklar's contributions, highlighting his integrity and commitment to the organization [3]. - Sklar's decision to resign is attributed to increasing demands at his law firm and a desire to spend more time in Israel with his family [3].

Core Insights - GBank Financial Holdings Inc. has appointed Timothy P. Herbst to its Board of Directors, effective October 28, 2025, bringing extensive executive leadership and industry expertise to the company [1][3]. Company Overview - GBank Financial Holdings Inc. is a bank holding company headquartered in Las Vegas, Nevada, listed on the Nasdaq Capital Market under the symbol "GBFH" [4]. - The company operates a national payment and Gaming FinTech business, serving gaming clients across the U.S. and featuring the GBank Visa Signature® Card tailored for the gaming and sports entertainment markets [4]. - GBank is recognized as a top national SBA lender, operating across 40 states, and has two full-service commercial branches in Las Vegas, Nevada [4]. Leadership Background - Timothy P. Herbst has been with GBank since 2007 and has nearly four decades of experience in executive leadership and entrepreneurship [1][2]. - He is the President of Terrible Herbst Inc., overseeing over 200 gas station and convenience store locations, and also leads Terribles Gaming, which operates approximately 3,000 gaming machines in Nevada [2]. - Herbst has held significant industry roles, including State President of the Nevada Petroleum Marketers Association and Director of Nevada First Bank from 1999 to 2006 [2]. Strategic Importance - The Chairman and CEO of GBank, Edward M. Nigro, emphasized that Herbst's operational leadership and strategic insight will be crucial for strengthening governance and expanding market presence [3]. - Herbst expressed his commitment to supporting the company's continued growth and innovation in his new role [3].

Core Insights - GBank Financial Holdings Inc. has partnered with boxing legend Mike Tyson to promote the GBank Visa Signature® Card, aimed at providing a secure and rewarding payment option for gaming and sports enthusiasts [2][3] Company Overview - GBank Financial Holdings Inc. is a bank holding company based in Las Vegas, Nevada, listed on the Nasdaq under the symbol "GBFH" [4] - The company operates a national payment and Gaming FinTech business, serving clients across the U.S. with a focus on the gaming and sports entertainment markets [4] - GBank is recognized as a top national SBA lender, operating in 40 states and providing a range of banking products and services [5] Product Details - The GBank Visa Signature® Card is designed to facilitate fast and secure transactions for gaming and sports applications while offering cash rewards [3] - The partnership with Mike Tyson will be supported by a national promotional campaign emphasizing the card's speed, security, and flexibility [3] Mike Tyson's Role - Mike Tyson, a former heavyweight boxing champion and cultural entrepreneur, is expected to bring energy and innovation to the partnership, appealing to customers who value these traits [3][6]

Core Points - GBank Financial Holdings Inc. has rescheduled the release date for its third quarter 2025 financial results to after the market closes on October 28, 2025, from the previously announced date of October 27, 2025 [1] - The quarterly earnings call will still take place on October 29, 2025, at 10:00 a.m. PST, and will be accessible remotely [1] Company Overview - GBank Financial Holdings Inc. is a bank holding company based in Las Vegas, Nevada, listed on the Nasdaq Capital Market under the symbol "GBFH" [4] - The company operates a national payment and Gaming FinTech business, serving gaming clients across the U.S. and offering the GBank Visa Signature® Card tailored for the gaming and sports entertainment markets [4] - GBank is recognized as a top national SBA lender, operating in 40 states, and has two full-service commercial branches in Las Vegas, Nevada, providing a range of banking products and services [4] Investor Information - The company regularly posts important information for investors on its website, which serves as a platform for disclosing material non-public information and complying with SEC regulations [5] - Investors are encouraged to monitor the company's website along with press releases, SEC filings, public conference calls, presentations, and webcasts for updates [5]

Core Viewpoint - GBank Financial Holdings Inc. reported a net income of $4.5 million for Q1 2025, reflecting a decrease from the previous quarter but an increase year-over-year, alongside significant growth in noninterest income driven by Gaming FinTech operations [1][17]. Financial Results - Net income for Q1 2025 was $4.5 million, or $0.31 per diluted share, down from $5.2 million ($0.37 per share) in Q4 2024, but up from $3.7 million ($0.29 per share) in Q1 2024 [1][17]. - Net revenue totaled $17.4 million, a decrease of 1.1% from Q4 2024 but an increase of 31.4% compared to Q1 2024 [13][48]. - Net interest income was $11.9 million, reflecting a slight increase of 0.9% from Q4 2024 and a 10.1% increase from Q1 2024 [5][48]. - Noninterest income was $5.5 million, down 5.2% from Q4 2024 but up 127.2% year-over-year [12][48]. - Noninterest expenses increased to $10.9 million, up 12.2% from Q4 2024 and 30.2% from Q1 2024, largely due to legal and professional fees related to SEC filings [14][48]. Asset Quality - The provision for credit losses on loans was $710 thousand for Q1 2025, a decrease from $1.3 million in Q4 2024, with no provision recorded in Q1 2024 [11][27]. - Non-performing assets totaled $20.4 million as of March 31, 2025, an increase from $14.2 million in Q4 2024 and $6.1 million in Q1 2024 [30][32]. Balance Sheet - Total assets increased by 6.0% to $1.190 billion from $1.122 billion as of December 31, 2024, and by 23.5% from $963.4 million as of March 31, 2024 [26]. - Total loans, net of deferred fees and costs, were $843.4 million, up from $816.0 million in Q4 2024 and $733.6 million in Q1 2024 [19]. - Total deposits reached $995.9 million, an increase of 6.5% from Q4 2024 and 23.4% from Q1 2024 [21]. Other Highlights - GBank's Gaming FinTech operations saw a 51% increase in noninterest income year-over-year, with credit card charge transactions reaching $105.6 million in Q1 2025 [3][37]. - The company received SEC approval for its S-1 filing, allowing for the registration and resale of 1,081,081 shares of common stock [3][4].