GBank Financial Holdings Inc. (GBFH)

GBank Financial Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 21, 2022
Interest Income on Loans	69.07	66.27	42.14	24.1
Interest Income on Investments	10.24	8.96	9.14	4.68
Total Interest Income	79.31	75.23	51.28	28.77
Interest Paid on Deposits	29.86	27.77	11.71	2.28
Interest Paid on Borrowings	1.12	1.26	1.48	1.15
Total Interest Expense	30.98	29.03	13.19	3.42
Net Interest Income	48.33	46.2	38.1	25.35
Net Interest Income Growth (YoY)	14.83%	21.28%	50.29%	-
Other Non-Interest Income	8.28	3.92	1.95	2.92
Total Non-Interest Income	20.46	16.19	7.68	16.47
Non-Interest Income Growth (YoY)	125.52%	110.77%	-53.37%	-
Revenues Before Loan Losses	68.79	62.39	45.77	41.82
Provision for Loan Losses	3.74	2.24	1.09	1.35
Revenue	65.05	60.14	44.68	40.47
Revenue Growth (YoY)	29.68%	34.60%	10.41%	-
Salaries and Employee Benefits	22.01	20.42	19.05	16.64
Federal Deposit Insurance	0.45	0.45	0.29	0.17
Selling, General & Administrative	8.8	8.8	7.71	6.73
Other Non-Interest Expense	6.9	4.63	3.36	2.67
Total Non-Interest Expense	40.11	36.23	31.16	26.44
EBT Excluding Unusual Items	24.95	23.91	13.53	14.03
Pretax Income	24.95	23.91	13.53	14.03
Income Tax Expense	5.46	5.27	2.61	3.17
Net Income	19.49	18.64	10.92	10.87
Net Income to Common	19.49	18.64	10.92	10.87
Net Income Growth	42.40%	70.66%	0.48%	-
Basic Shares Outstanding	14	13	13	12
Diluted Shares Outstanding	14	13	13	13
Shares Change (YoY)	8.67%	2.94%	1.23%	-
EPS (Basic)	1.41	1.41	0.86	0.87
EPS (Diluted)	1.36	1.39	0.84	0.84
EPS Growth	30.88%	65.48%	0%	-
Effective Tax Rate	21.89%	22.06%	19.27%	22.55%

Updated May 28, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.