RVW Wealth LLC Purchases New Position in GBank Financial Holdings Inc. $GBFH

Key Points

• RVW Wealth LLC purchased a new stake in GBank Financial Holdings Inc., acquiring 11,275 shares valued at approximately $399,000.
• GBank Financial reported an EPS of $0.33 for the last quarter, missing analysts' expectations, and reported a net margin of 19.53%.
• Wall Street analysts downgraded GBank Financial's stock from a "hold" rating to a "sell" rating recently.

RVW Wealth LLC purchased a new stake in GBank Financial Holdings Inc. (NASDAQ:GBFH - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 11,275 shares of the company's stock, valued at approximately $399,000. RVW Wealth LLC owned about 0.08% of GBank Financial at the end of the most recent reporting period.

Separately, Chapin Davis Inc. purchased a new stake in GBank Financial in the second quarter valued at $7,209,000.

GBank Financial Stock Performance

Shares of NASDAQ:GBFH opened at $40.73 on Wednesday. The company has a 50-day simple moving average of $39.81. GBank Financial Holdings Inc. has a one year low of $19.67 and a one year high of $46.00. The company has a quick ratio of 0.97, a current ratio of 1.02 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $581.62 million, a PE ratio of 29.73 and a beta of -1.08.

GBank Financial (NASDAQ:GBFH - Get Free Report) last announced its earnings results on Monday, July 28th. The company reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.36 by ($0.03). GBank Financial had a net margin of 19.53% and a return on equity of 13.31%. The business had revenue of $17.77 million during the quarter, compared to analysts' expectations of $19.00 million.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut shares of GBank Financial from a "hold" rating to a "sell" rating in a research report on Saturday, August 2nd.

GBank Financial Company Profile

GBank Financial Holdings Inc operates as a bank holding company for GBank which provides banking services to commercial and consumer customers principally in Nevada. The company offers business and personal checking and savings accounts. GBank Financial Holdings Inc is based in Las Vegas, Nevada.

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