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LAS VEGAS, Oct. 24, 2025 (GLOBE NEWSWIRE) — GBank Financial Holdings Inc. (the “Company”) (Nasdaq: GBFH), the parent company for GBank (the “Bank”), today announced it has updated the date for the release its third quarter 2025 financial results from after the market closes on Monday, October 27, 2025 to after the market closes on Tuesday, October 28, 2025.  The timing of the quarterly earnings call remains unchanged on Wednesday, October 29, 2025, at 10:00 a.m., PST. Interested parties can participate remotely via Internet connectivity. There will be no physical location for attendance.

Interested parties may join online, via the ZOOM app on their smartphones, or by telephone:

• ZOOM Webinar ID 873 1389 3095
• Passcode: 468468

Joining by ZOOM Webinar:

Log in on your computer at
https://us02web.zoom.us/j/87313893095?pwd=YmbAmd09zQhXfDQHNSTFXM79DU8Vma.1
or use the ZOOM app on your smartphone.

Joining by Telephone

Dial (408) 638-0968. The conference ID is 873 1389 3095. Passcode: 468468.

About GBank Financial Holdings Inc.

GBank Financial Holdings Inc. is a bank holding company headquartered in Las Vegas, Nevada and is listed on the Nasdaq Capital Market under the symbol “GBFH.” Our national payment and Gaming FinTech business lines serve gaming clients across the U.S. and feature the GBank Visa Signature® Card—a tailored product for the gaming and sports entertainment markets. The Bank is also a top national SBA lender, now operating across 40 states. Through our wholly owned bank subsidiary, GBank, we operate two full-service commercial branches in Las Vegas, Nevada to provide a broad range of business, commercial and retail banking products and services to small businesses, middle-market enterprises, public entities and affluent individuals in Nevada, California, Utah, and Arizona. Please visit www.gbankfinancialholdings.com for more information.

Available Information

The Company routinely posts important information for investors on its web site (under www.gbankfinancialholdings.com and, more specifically, under the News & Media tab at www.gbankfinancialholdings.com/press-releases). The Company intends to use its web site as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD (Fair Disclosure) promulgated by the U.S. Securities and Exchange Commission (the “SEC”). Accordingly, investors should monitor the Company’s web site, in addition to following the Company’s press releases, SEC filings, public conference calls, presentations and webcasts.

The information contained on, or that may be accessed through, the Company’s web site is not incorporated by reference into, and is not a part of, this document.

For Further Information, Contact:

GBank Financial Holdings Inc.
Edward M. Nigro
Chairman and CEO
702-851-4200
enigro@g.bank

Source: GBank Financial Holdings Inc.

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JPMorgan Chase has asked a US court to end its obligation to pay legal fees for Charlie Javice and another executive convicted of defrauding the bank, an unusual legacy of its purchase of Frank, their failed fintech start-up.

In a filing on Friday, JPMorgan alleged “clear abuse” by Javice and Olivier Amar for the “unreasonable” sums of money claimed for their legal defences, which total about $115mn, of which $60.1mn was advanced to Javice and $55.2mn to Amar. 

JPMorgan noted Javice engaged five law firms for her defence, a legal team the bank said had remained in place after her conviction in March for defrauding the bank. One law firm representing Amar received advanced fees and expenses totalling $53.9mn, JPMorgan claimed.

Javice was sentenced to seven years in prison last month, and ordered to pay restitution to JPMorgan of $288mn, including legal fees, and forfeit an additional $22mn. Amar was separately convicted of fraud but has yet to be sentenced. Javice has asked the court to reduce the restitution award, a move objected to by JPMorgan and the Department of Justice.

But JPMorgan has also been obliged to cover Javice and Amar’s legal fees as part of the agreement to sell their student finance company, Frank, to the bank in 2021.

JPMorgan wrote in its filing that “the fees and expenses to fund Javice’s criminal defence have far exceeded any reasonable amount for defence of the entire case” and she was unnecessarily continuing “to utilise all five law firms in connection with post-conviction proceedings”.

Representatives for Javice and Amar did not immediately respond to requests for comment.

While the amounts involved are minor for JPMorgan — the company generated more than $1bn a week in profits in 2024 — the spat is a reminder of the bank’s ill-fated purchase.

JPMorgan bought Javice’s company for $175mn but soon discovered the business had only a small fraction of the 4mn users that she had claimed.

The bank claimed Javice and her co-founder Olivier Amar had hired a data scientist to create millions of fabricated users at the time of the company’s sale process.