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GBank Financial Holdings Inc. announced its Q1 2024 financial results, reporting a net income of $3.7 million and diluted EPS of $0.28. The company experienced growth in gross loans, loan sales, and gain on sale of loans. Balance sheet showed strong liquidity and capital positions. The company's net interest income increased due to loan growth and rate increases. Noninterest income and expenses also saw variations. Gaming FinTech division showed positive developments. The merger with BankCard Services, was highlighted, and credit quality remained stable.
