Added to YB: 2026-08-07
Pitch date: 2026-08-05
GBFH [bearish]
GBank Financial Holdings Inc.
+5.01%
current return
Author Info
No bio for this author
Company Info
GBank Financial Holdings Inc. operates as a bank holding company for GBank that provides banking services to commercial and consumer customers in Nevada.
Market Cap
$295.1M
Pitch Price
$21.95
Price Target
11.00 (-46%)
Dividend
N/A
EV/EBITDA
N/A
P/E
15.93
EV/Sales
N/A
Sector
Banks
Category
value
GBank Financial: 50% Downside on a Motel Book
GBFH (short): $1.43B LV bank valued as gaming-payments platform but really undiversified economy-hotel monoline (~48% book). Masked 2023 credit event via $150.3M SBA emergency repurchase modifications; at-risk NPAs up 5x to $23.3M, coverage fell 211%→70%. Gaming card banned, C-suite exodus, $7.5M insider selling, 3 reconciliation errors, no permanent CFO, related-party growth story. At 1.8x TBV vs 11-13% ROTCE; fair value 0.9-1.2x TBV = $11-14, 35-50% downside.
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