Georgia Banking Company, a retail and commercial bank with ten branches in the Atlanta metropolitan area, submitted a filing to the SEC on Friday to register its shares for a direct listing on the Nasdaq. The listing will involve existing shareholders selling shares of common stock, totaling up to 7.0 million shares, representing 66% of the company’s outstanding shares. The bank will not be raising new capital through this process, and no lock-up agreements are in place for the shareholders.
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The company offers a range of services including commercial banking, community banking, private banking, commercial real estate banking, mortgage warehouse, and treasury services to various clients in the Atlanta area. It operates ten full-service banking offices and three loan production offices. As of June 30, 2026, Georgia Banking Company reported total assets of approximately $3.3 billion, with $2.6 billion in loans and $2.8 billion in deposits.
Founded in 1998, the bank recorded $172 million in revenue for the twelve months ending June 30, 2026. The company recently expanded through acquisitions, purchasing Georgia Primary Bank in March 2025 and Tandem Bank in June 2026. Georgia Banking Company plans to list on the Nasdaq under the ticker symbol GBC. It originally filed confidentially on July 28, 2026. Performance Trust Capital Partners will serve as the financial advisor for this direct listing, as there are no underwriters involved.