The equity-to-assets ratio remains stagnant at 0.12, which may provide insufficient protection given the $2.3 million provision for loan losses recorded in 2026Q1.
| Cash & Short Term Investments | 425.56M | 5.33M | 189.73M | 100.59M | 139.41M | 240.12M | 153.23M | 104.96M | 61.47M | 70.48M |
| Cash & Due from Banks | 4.96M | 5.33M | 124.12M | 97.93M | 136.44M | 236.4M | 150.38M | 101.5M | 57.54M | 65.61M |
| Short Term Investments | 0 | 0 | 0 | 2.66M | 2.98M | 3.72M | 2.85M | 3.45M | 3.93M | 4.87M |
| Total Investments | 1.31B | 1.07B | 945.67M | 777.01M | 506.11M | 353.8M | 303.1M | 230.27M | 170.36M | 133.23M |
| Investments Growth % | 85.44% | 12.77% | 21.71% | 53.53% | 43.05% | 16.73% | 31.63% | 35.17% | 27.87% | - |
| Long-Term Investments | 4.29B | 995.39M | 880.06M | 774.35M | 503.13M | 350.08M | 300.25M | 226.82M | 166.43M | 128.36M |
| Accounts Receivables | 0 | 0 | 0 | 0 | 0 | 3.04M | 3.14M | 1.05M | 1.02M | 619.87K |
| Goodwill & Intangibles | 11.38M | 11.14M | 0 | 7.05M | 9.36M | 8.16M | 7.08M | 4.8M | 4.13M | 2.99M |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 11.38M | 11.14M | 0 | 7.05M | 9.36M | 8.16M | 7.08M | 4.8M | 4.13M | 2.99M |
| PP&E (Net) | 0 | 6.39M | 5.35M | 6.23M | 3.82M | 2.83M | 1.27M | 1.47M | 1.43M | 1.13M |
| Other Assets | 68.62M | -1.01B | -9.67M | 30.15M | 22.98M | 14.91M | 4.8M | 4.77M | 3.56M | 3.5M |
| Total Current Assets | 4.96M | 5.33M | 131.19M | 100.59M | 139.41M | 243.16M | 156.37M | 106.92M | 62.5M | 71.1M |
| Total Non-Current Assets | 1.39B | 6.39M | 932.63M | 817.79M | 539.29M | 377.15M | 314.26M | 238.33M | 175.95M | 137.28M |
| Total Assets | 1.39B | 1.36B | 1.13B | 918.38M | 678.7M | 620.3M | 470.64M | 344.33M | 238.44M | 208.37M |
| Asset Growth % | 84.19% | 20.78% | 22.56% | 35.31% | 9.41% | 31.8% | 36.68% | 44.41% | 14.43% | - |
| Return on Assets (ROA) | 1.34% | 1.68% | 1.82% | 1.37% | 1.67% | 2.01% | 1.71% | 1.83% | 2.1% | 1.34% |
| Accounts Payable | 0 | 0 | 0 | 0 | 2.98M | 1.92M | 5.41M | 4.79M | 3.53M | 1.94M |
| Total Debt | 35.9M | 38.05M | 30.93M | 61.51M | 28.92M | 27.8M | 11.31M | 0 | 0 | 0 |
| Net Debt | 30.94M | 32.72M | 30.93M | -36.42M | -107.52M | -208.6M | -139.07M | -101.5M | -57.54M | -65.61M |
| Long-Term Debt | 30.33M | 31.92M | 26.09M | 26.01M | 25.94M | 25.88M | 11.31M | 0 | 0 | 0 |
| Short-Term Debt | 756K | 371K | 907K | 30M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 1.19B | 241.66M | -33.23M | 12.74M | 4.57M | 5.23M | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 756K | 6.13M | 610.42M | 775.7M | 558.41M | 511.48M | 394.71M | 301.63M | 203.93M | 179.21M |
| Total Non-Current Liabilities | 1.23B | 279.34M | 46.58M | 44.25M | 33.49M | 33.02M | 11.31M | 0 | 0 | 0 |
| Total Liabilities | 1.23B | 1.19B | 984.87M | 819.95M | 591.91M | 544.51M | 406.02M | 301.63M | 203.93M | 179.21M |
| Total Equity | 167.62M | 165.75M | 140.7M | 98.43M | 86.8M | 75.8M | 64.62M | 42.7M | 34.52M | 29.16M |
| Equity Growth % | 104.84% | 17.81% | 42.95% | 13.4% | 14.51% | 17.3% | 51.33% | 23.71% | 18.36% | - |
| Equity / Assets (Capital Ratio) | 12.03% | 12.19% | 12.5% | 10.72% | 12.79% | 12.22% | 13.73% | 12.4% | 14.48% | 14% |
| Return on Equity (ROE) | 11.05% | 13.66% | 15.59% | 11.79% | 13.37% | 15.63% | 13.01% | 13.8% | 14.74% | 9.6% |
| Book Value per Share | 11.56 | 11.44 | 10.48 | 7.55 | 6.74 | 5.89 | 5.30 | 3.51 | 2.83 | 2.39 |
| Tangible BV per Share | 10.77 | 10.67 | 10.48 | 7.01 | 6.01 | 5.25 | 4.72 | 3.11 | 2.49 | 2.15 |
| Common Stock | 1K | 1K | 1K | 1K | 1K | 1K | 1.22K | 960 | 910 | 871 |
| Additional Paid-in Capital | 82M | 80.41M | 77.57M | 52.88M | 52.12M | 51.77M | 51.57M | 36.66M | 33.83M | 33.16M |
| Retained Earnings | 86.68M | 85.37M | 64.44M | 45.8M | 34.88M | 24.01M | 13.04M | 6.06M | 728.8K | -3.97M |
| Accumulated OCI | -1.06M | -17K | -1.31M | -252K | -210K | 13.09K | 13.03K | -13.95K | -45.5K | -31.95K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
SBA secondary market volatility
According to the latest quarterly data, GBFH has expanded its total assets to $1.4 billion as of 2026Q1, yet this growth appears largely driven by an increasing securities portfolio rather than organic loan expansion, suggesting a potential shift in the bank's core business model and risk profile.
The rapid accumulation of investment securities, which reached $1.3 billion in 2026Q1, indicates that the bank may be struggling to deploy capital into its core SBA lending niche at a pace that matches its balance sheet growth. This trend warrants investigation, as it may imply a strategic pivot toward lower-yielding assets to manage liquidity in the face of volatile loan demand.
As reported in financial statements, the equity-to-assets ratio has remained stagnant at approximately 0.12, which, when viewed alongside the bank's recent $2.3 million provision for loan losses, suggests that the capital base may be insufficient to absorb significant shocks within its concentrated Las Vegas commercial portfolio.
While the current capital ratio appears adequate on a surface level, the lack of meaningful capital accretion suggests that the bank is operating with limited flexibility to absorb credit losses. Investors should monitor whether management will be forced to prioritize capital preservation over growth if the current economic environment in Nevada continues to show signs of cyclical stress.
Based on the bank's reported figures, cash and equivalents have dwindled to $5.0 million in 2026Q1 from a peak of $147.0 million in 2025Q1, indicating a significant tightening of liquidity as the institution aggressively funds its investment securities portfolio and loan originations.
The sharp decline in cash reserves suggests that the bank is increasingly reliant on its ability to sell SBA loans into the secondary market to maintain operational liquidity. This dependency creates a structural vulnerability, as any disruption in secondary market pricing could leave the bank with limited capacity to meet its short-term funding obligations.
Analysis of the balance sheet reveals that investment securities now constitute the vast majority of total assets, a trend that, according to recent filings, may expose the bank to significant interest rate risk and duration mismatches that are not immediately apparent in the headline net interest margin.
The heavy concentration in securities, rather than a diversified loan book, suggests that the bank's earnings may be more sensitive to interest rate fluctuations than a traditional regional lender. This strategy appears to be a double-edged sword, providing temporary asset growth while potentially masking underlying credit quality issues within the smaller, more volatile SBA-focused loan portfolio.
Quick answers to the most common questions about buying GBFH stock.
As of 2025, GBank Financial Holdings Inc. (GBFH) had total assets of $1.36B including $5.3M in current assets.
GBank Financial Holdings Inc. (GBFH) carries total debt of $38.0M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
GBank Financial Holdings Inc. (GBFH) has total shareholders' equity (book value) of $165.8M ($11.44 book value per share). Book value represents the net worth of the company belonging to common stock holders.
GBank Financial Holdings Inc. (GBFH) reported a current ratio of 0.87x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.