Edward Michael  Nigro net worth and biography

Edward Nigro Biography and Net Worth

Chairman of GBank Financial

Edward M. Nigro has been actively engaged in the development, ownership, and operation of real estate in Las Vegas since 1979 and as an investor and manager in healthcare and diversified business enterprises since 1984.

Nigro Associates, his construction firm, has developed and constructed commercial and residential projects in Nevada, Arizona, Louisiana, Oregon, and California.

Mr. Nigro is the President of Omega Industries, Inc., an investment management firm.

Mr. Nigro served as a Director and Chairman of the Audit Committee of Western Alliance Bancorporation (a New York Stock Exchange multibank holding company with over $4 billion in assets) and BankWest of Nevada since their inception in 1995 and 1994, respectively, until his resignation in July 2006.

Mr. Nigro served as Vice Chairman of the Board of Directors of the First Tee of Monterey County, served as Chairman of the Audit Committee of the Monterey Peninsula Foundation, and served as a member of the Advisory Board of Habitat for Humanity, Las Vegas. From 1993 through its sale in 1996, he was a principal stockholder and the chief executive officer, and a member of the Board of Directors of Prime Holdings, Inc., which was then the largest privately held healthcare delivery concern in Nevada.

Previously, he held numerous senior management positions at Del Webb Corporation, including chief operations officer and director for that company’s six hotel-casino properties, with annual revenues in excess of $400 million. Mr. Nigro has served as a member of the Board of Directors of Elsinore Corporation (owner of the Four Queens Hotel & Casino) and of Sierra Nevada Gaming Corporation. Mr. Nigro has also been active in numerous philanthropic organizations, including Boy Scouts of America, the United Way Casino Campaign Division (as its Chairman), the Las Vegas Chamber of Commerce (as its Vice President and Board of Directors member,) the Nevada Resort Association (as a Director and a member of its Executive Committee,) the Variety Club of Las Vegas (as its Chairman,) and the Muscular Dystrophy Association.

Mr. Nigro is a graduate of Holy Cross College. He has also served as a Commissioned Officer with the United States Air Force, where he was awarded the Air Medal for Combat Missions in Vietnam, two commendation medals for Meritorious Service, the Vietnam Campaign Medal and other medals and awards.

What is Edward Michael Nigro's net worth?

The estimated net worth of Edward Michael Nigro is at least $22.08 million as of June 10th, 2025. Mr. Nigro owns 619,630 shares of GBank Financial stock worth more than $22,083,613 as of June 18th. This net worth evaluation does not reflect any other investments that Mr. Nigro may own. Learn More about Edward Michael Nigro's net worth.

How old is Edward Michael Nigro?

Mr. Nigro is currently 81 years old. There are 1 older executives and no younger executives at GBank Financial. Learn More on Edward Michael Nigro's age.

How do I contact Edward Michael Nigro?

The corporate mailing address for Mr. Nigro and other GBank Financial executives is 9115 West Russell Road, Suite 110, Las Vegas, NV 89148, United States. GBank Financial can also be reached via phone at 702-851-4200. Learn More on Edward Michael Nigro's contact information.

Has Edward Michael Nigro been buying or selling shares of GBank Financial?

In the last ninety days, Edward Michael Nigro has sold $1,347,555.78 of GBank Financial stock. Most recently, Edward Michael Nigro sold 4,239 shares of the business's stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $39.72, for a transaction totalling $168,373.08. Following the completion of the sale, the chairman now directly owns 619,630 shares of the company's stock, valued at $24,611,703.60. Learn More on Edward Michael Nigro's trading history.

Who are GBank Financial's active insiders?

GBank Financial's insider roster includes Charles Griege, Jr. (Major Shareholder), Edward Nigro (Chairman), and Alan Sklar (Director). Learn More on GBank Financial's active insiders.

Are insiders buying or selling shares of GBank Financial?

During the last twelve months, insiders at the sold shares 5 times. They sold a total of 86,047 shares worth more than $3,538,716.10. The most recent insider tranaction occured on June, 13th when Director Alan Curtis Sklar sold 1,808 shares worth more than $65,160.32. Learn More about insider trades at GBank Financial.

Information on this page was last updated on 6/13/2025.

Edward Michael Nigro Insider Trading History at GBank Financial

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/10/2025Sell4,239$39.72$168,373.08619,630View SEC Filing Icon  
6/9/2025Sell23,609$39.37$929,486.33623,869View SEC Filing Icon  
6/6/2025Sell6,391$39.07$249,696.37647,478View SEC Filing Icon  
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Edward Michael Nigro Buying and Selling Activity at GBank Financial

This chart shows Edward Michael Nigro's buying and selling at GBank Financial by year and by quarter.

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GBank Financial Company Overview

GBank Financial logo
GBank Financial Holdings Inc. operates as a bank holding company for GBank that provides banking services to commercial and consumer customers in Nevada. The company offers business and personal checking and savings accounts. It also provides small business administration loans; commercial real estate, equipment, business term, and medical/professional loans; business lines of credit; accounts receivable/inventory financing services; and credit cards. In addition, the company offers account and cash management services. GBank Financial Holdings Inc. was founded in 2007 and is based in Las Vegas, Nevada.
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Today's Range

Now: $35.64
Low: $33.84
High: $36.89

50 Day Range

MA: $38.44
Low: $29.90
High: $43.38

2 Week Range

Now: $35.64
Low: $15.56
High: $46.00

Volume

187,056 shs

Average Volume

31,284 shs

Market Capitalization

$508.73 million

P/E Ratio

26.21

Dividend Yield

N/A

Beta

N/A