GBank Financial Holdings Inc.

GBank Financial Holdings Inc. announced management changes following the departure of Olivia M. Caley from her roles as interim principal financial officer and principal accounting officer. Jeffrey Newgard, President and CEO of GBank, has been appointed as the interim principal financial officer, while Christine Nelson, Senior Vice President and Controller of GBank, will serve as the interim principal accounting officer. The company is actively searching for candidates for a permanent Chief Financial Officer.

GBank Financial Holdings Inc. announced the departure of Jeffrey E. Whicker from his positions as Executive Vice President and Chief Financial Officer on July 24, 2026, with Olivia M. Caley appointed as interim Principal Financial Officer. Concurrently, the company reported strong financial results for Q2 2026, with net income of $5.5 million ($0.38 diluted EPS) and record net revenue of $22.0 million. However, the quarter also saw a decline in Net Interest Margin and a significant increase in non-performing assets, alongside a new strategic partnership for its gaming technology operations.

GBank Financial Holdings Inc. reported net income of $5.5 million, or $0.38 per diluted share, for Q2 2026, a significant increase from $1.3 million in Q1 2026. The company achieved record net revenue of $22.0 million, up 11.7% quarter-over-quarter. However, non-performing assets (excluding guaranteed portions) rose to $23.3 million, and net interest margin declined. The company also announced a strategic agreement between its affiliate BVNKROLL and AXES AI, and welcomed Jeff Newgard as the new President/CEO.

GBank Financial Holdings Inc. announced that its strategic partner, Bankroll LLC (BVNKROLL), has entered into a partnership with AXES.ai. This collaboration will integrate BVNKROLL's embedded banking and payments platform into AXES.ai’s Intelligent Management System ecosystem. GBank Financial Holdings Inc. has an indirect interest in BVNKROLL through its 32.99% non-voting equity interest in BankCard Services, LLC, which is a joint venture partner in BVNKROLL.

GBank Financial Holdings Inc. announced that its strategic partner, Bankroll LLC (BVNKROLL), has formed a strategic partnership with AXES.ai. This collaboration will integrate BVNKROLL's embedded banking and payments platform into AXES.ai’s Intelligent Management System ecosystem. GBank holds a 32.99% non-voting equity interest in BankCard Services, LLC, which is a component of the BVNKROLL joint venture.

GBank Financial Holdings Inc. announced its plan to release second quarter 2026 financial results on Wednesday, July 29, 2026, at approximately 1:15 p.m. PST. Following the release, the company will host its quarterly earnings call on the same day at 2:00 p.m. PST. The call will be accessible remotely via Internet connectivity.

GBank Financial Holdings Inc. announced its plan to release second quarter 2026 financial results on Wednesday, July 29, 2026, at approximately 1:15 p.m. PST. Following the release, the company will host its quarterly earnings call on the same day at 2:00 p.m. PST. The call will be accessible remotely via Internet connectivity, and registration is available through a provided link.

GBank Financial Holdings Inc. announced the appointment of Jeff Newgard as President and Chief Executive Officer of its wholly-owned subsidiary, GBank, effective June 8, 2026. Edward M. Nigro will transition to Executive Chairman of GBank. Mr. Newgard brings extensive experience, having previously served as Chairman, President, and CEO of Bank of Idaho. His compensation package includes a $500,000 annual base salary, a $100,000 sign-on bonus, eligibility for performance-based incentives, and a grant of 20,000 restricted stock shares. Additionally, A. Lee Finley resigned from the company's Board of Directors.

GBank Financial Holdings Inc. announced the appointment of Jeffrey K. Newgard as the President and Chief Executive Officer of its subsidiary, GBank, effective June 8, 2026. Edward M. Nigro will continue as Executive Chairman. Mr. Newgard brings extensive experience from his previous role as Chairman, President, and CEO of Bank of Idaho Holding Company, where he significantly grew assets and oversaw its sale to Glacier Bancorp, Inc. His expertise in banking, capital markets, and acquisitions is expected to drive GBank's expansion and performance.

GBank Financial Holdings Inc. announced the designation of Olivia M. Caley as the company's Principal Financial Officer, effective May 11, 2026. Ms. Caley will serve in this interim capacity while Jeffery E. Whicker, the Executive Vice President, Chief Financial Officer, and Treasurer, is on a medical leave of absence. Mr. Whicker remains an employee of the company. Ms. Caley, a Certified Public Accountant, has served as Senior Vice President, Financial Reporting Director of GBank since September 2022.