First National Stock Price, News & Analysis

First National Bank Alaska (OTCQX:FBAK) reported third quarter 2025 net income of $21.4 million or $6.75 per share, up from $18.0 million, or $5.68, in Q3 2024. Return on assets rose to 1.53% (up 38 bps) and return on equity improved to 14.13%. Total assets were $5.2 billion as of Sept. 30, 2025, with loans of $2.6 billion and deposits/repurchase agreements of $4.6 billion. Net interest margin increased to 3.76% driven by higher yields and lower funding costs. Third quarter provision for credit losses was $0.4 million (vs. a $0.4 million benefit in Q3 2024); the allowance for credit losses was $20.1 million (0.78% of loans). Shareholders' equity reached $567.7 million and Tier 1 leverage capital was 11.70%.

First National Bank Alaska (OTCQX: FBAK) announced two cash dividends declared at its Oct. 30, 2025 board meeting: a regular dividend of $4.00 per share for shareholders of record on Dec. 1, 2025 payable on Dec. 15, 2025, and a special dividend of $4.00 per share for the same record date payable on Dec. 19, 2025. Together these dividends total $8.00 per share in December 2025.

Contact listed: Denise Brown Robinson, Secretary to the Board, 907-777-3409.

First National Bank Alaska (OTCQX:FBAK) reported strong Q2 2025 financial results with net income of $18.4 million, or $5.80 per share, up from $15.6 million ($4.94 per share) in Q2 2024. The bank achieved a Return on Assets of 1.46% and an improved net interest margin of 3.69%.

Total loans reached $2.6 billion, increasing by $200.1 million year-over-year. The bank maintained strong asset quality with nonperforming loans at 0.38% of outstanding loans. Total assets were $4.9 billion, with shareholders' equity increasing to $550.1 million from $485.2 million in the previous year. The bank's efficiency ratio improved to 50.58%, outperforming both Alaska and national peer groups.

The bank's Tier 1 leverage capital ratio of 11.95% remains well above regulatory requirements, while book value per share increased to $173.71 from $153.20 year-over-year.

First National Bank Alaska (OTC:FBAK) has announced a correction to its third quarter 2025 dividend declaration. The Board of Directors has declared a cash dividend of $4.00 per share, which will be payable on September 15, 2025. The key correction relates to the shareholders of record date, which is August 29, 2025, not September 1, 2025 as previously stated in the August 1 release.

First National Bank Alaska (FBAK) has announced its third quarter 2025 dividend. The Board of Directors has declared a cash dividend of $4.00 per share. The dividend will be payable on September 15, 2025, to shareholders of record as of September 1, 2025.

First National Bank Alaska (OTCQX:FBAK) has achieved significant recognition from Bank Director magazine, ranking as the 10th best bank nationally and 3rd best among banks with assets under $5 billion. The evaluation was based on return on equity, return on assets, asset quality, and capital adequacy.

The bank has garnered multiple accolades in 2024-2025, including being named the 6th best bank by Forbes, receiving recognition from Newsweek as one of the nation's Best Regional Banks, and maintaining an Outstanding Community Reinvestment Act rating for eight consecutive reporting periods. With 28 locations across 19 Alaskan communities and 621 employees, First National continues its century-long tradition of serving Alaska's financial needs since 1922.

First National Bank Alaska (OTCQX:FBAK) reported strong Q1 2025 results with net income of $17.7 million ($5.60 per share), up from $13.5 million ($4.26 per share) in Q1 2024. Loans increased by $137.1 million to $2.6 billion, with excellent loan quality shown by low nonperforming loans at 0.16%. The bank's net interest margin improved to 3.63% from 2.76% year-over-year, while deposits and repurchase agreements totaled $4.3 billion. The efficiency ratio remained strong at 49.70%, outperforming peer groups. Shareholders' equity rose to $535.1 million, with book value per share increasing to $168.98. The bank maintains a well-capitalized position with a Tier 1 leverage ratio of 11.72%.

First National Bank Alaska (FBAK) has announced its second quarter 2025 dividend. The company's Board of Directors has declared a cash dividend of $4.00 per share. The dividend will be payable on June 15, 2025, and distributed on June 16, 2025, to shareholders of record as of June 1, 2025.

First National Bank Alaska (OTCQX:FBAK) has released corrected unaudited results for Q4 and full year 2024. The bank reported Q4 2024 net income of $19.9 million ($6.29 per share), up from $16.6 million ($5.24 per share) in Q4 2023.

Key highlights include:

• Loans totaled $2.5 billion as of Dec. 31, 2024, increasing by $196.6 million year-over-year
• Strong loan quality with nonperforming loans at $4.3 million (0.17% of outstanding loans)
• Q4 interest and loan fee income reached $63.4 million, up 6.2% year-over-year
• Total assets were $5.0 billion, with deposits and repurchase agreements at $4.4 billion
• Net interest margin improved to 3.12% from 2.82% year-over-year

The bank maintained strong capital positions with shareholders' equity at $516.6 million and a Tier 1 leverage capital ratio of 10.54%. Book value per share increased to $163.11 from $146.77 year-over-year.