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GBank Financial Holdings Names Jeff Newgard President and Chief Executive Officer

$GBFHPress releaseOct 22, 2026, 4:23 PM ETRead the release

GBank Financial Holdings announced a planned leadership succession: Jeff Newgard, previously President and CEO of subsidiary GBank, has been appointed President and CEO of GBFH and Chairman of the GBank board. Founder Edward Nigro, Executive Chair and CEO since GBank's 2007 founding, transitions to the board, during which tenure the company grew from $22 million to approximately $1.4 billion in total assets as of June 30, 2026. Newgard joined the company in June 2026 after scaling Bank of Idaho from roughly $250 million to $1.3 billion in assets prior to its acquisition by Glacier Bancorp.

Key figures

Total assets
$1.4 billion as of June 30, 2026
Assets growth under nigro
from $22 million at 2007 founding to approximately $1.4 billion

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