GBank Financial Holdings Inc GBFH.OQ reported quarterly adjusted earnings of 33 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 35 cents. The lone analyst forecast for the quarter was for earnings of 39 cents per share.
Revenue rose 9.2% to $12.39 million from a year ago; analysts expected $12.80 million.
GBank Financial Holdings Inc's reported EPS for the quarter was 33 cents.
The company reported quarterly net income of $4.76 million.
GBank Financial Holdings Inc shares had risen by 18.2% this quarter and lost 2.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 5.4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for GBank Financial Holdings Inc is $50.00, about 12.3% above its last closing price of $43.86
This summary was machine generated from LSEG data July 28 at 09:41 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)