BUZZ-GBank Financial set for Nasdaq listing after 4-year stint on OTC markets

Reuters

04/30

** Community bank GBank Financial GBFH.PK set to begin trading on the Nasdaq Capital Market under ticker symbol "GBFH" on Wednesday

** GBFH began operations in 2007 as "Bank of George" when it opened its Las Vegas bank locations

** Las Vegas, Nevada-based GBFH has traded on over-the-counter (OTC) markets since 2021

** Nasdaq uplisting will provide GBFH shareholders with liquidity and also likely to result in a Russell index inclusion for the bank

** GBFH late Tuesday reported Q1 profit of $4.5 million, compared with $3.7 million a year earlier

** One analyst covering the stock, rates it "strong buy" with $45 PT - data compiled by LSEG

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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