GBank Financial Q2 FY26 net income more than quadruples to $5.5 million; revenue rises 11.7% to $22 million vs Q1 FY26

Reuters2026/07/29 20:45

By:Reuters

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GBank Financial Holdings posted GAAP net income of $5.5 million, or $0.38 a share, for the quarter ended June 30, up from $1.3 million.
GAAP net revenue hit a quarterly record $22 million, up 11.7% from the March quarter, as non-interest expense fell to $12 million from $15.9 million.
Net interest margin narrowed 0.08 percentage points to 3.78%, while provision for credit losses on loans rose to $2.8 million from $2.3 million.
Non-performing assets excluding guaranteed portions climbed to $23.3 million, or 1.63% of total assets, from $13.2 million, or 0.70%.
BVNKROLL signed AXES AI to expand its slot and gaming payments platform to 67 operators across 12 states; Visa Prepaid Card launch is expected in Q4 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GBank Financial Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607291618PRIMZONEFULLFEED9800495) on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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GBank Financial Q2 FY26 net income more than quadruples to $5.5 million; revenue rises 11.7% to $22 million vs Q1 FY26

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