GBank Financial Holdings Completes $11 Million Subordinated Notes Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6d ago
0mins
Source: Globenewswire
- Financing Size: GBank Financial Holdings successfully completed a $11 million issuance of 7.25% Fixed-to-Floating Rate Subordinated Notes on January 14, 2026, aimed at providing funds for general corporate purposes, particularly refinancing $6.5 million of existing subordinated debt.
- Capital Structure Optimization: The subordinated debt qualifies as Tier 2 capital for regulatory purposes, enhancing GBank's capital adequacy ratio and supporting the continued growth of its balance sheet.
- Interest Rate Structure: The subordinated notes carry a fixed interest rate of 7.25% until January 15, 2031, after which the rate will reset quarterly based on the Three-Month Term Secured Overnight Financing Rate (SOFR) plus 382 basis points, ensuring flexibility in future interest expenses.
- Legal Compliance: The debt issuance is not registered under the Securities Act of 1933 and is not insured by the Federal Deposit Insurance Corporation or any other government agency, highlighting the need for investors to carefully assess associated risks before participation.
Analyst Views on GBFH
About GBFH
GBank Financial Holdings Inc. is a bank holding company, which conducts business through its wholly owned subsidiary, GBank (the Bank). The Bank provides banking services to commercial and consumer customers. The Bank’s business is concentrated in the Las Vegas, Nevada area and is subject to the general economic conditions of that area. The Bank’s primary market for deposit customers is in Las Vegas and Clark County, Nevada, although the Bank accepts deposits from deposit listing services as needed to support its funding needs. The Bank’s lending operations are carried out in local market area, comprised of Nevada, California, Utah, and Arizona, and across the United States primarily through the origination and servicing of the United States Small Business Administration (SBA) and the United States Department of Agriculture (USDA) loans. Its Small Business Administration (SBA) Loans include SBA 504 loan program, SBA 7(a) loan program, USDA B&I loan program, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
