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First National Bank Alaska reports recurring developments tied to its Alaska-focused community banking franchise and its OTCQX-traded common shares under the symbol FBAK. Company news commonly covers unaudited quarterly results, net income, earnings per share, return measures, book value, shareholders’ equity, capital ratios and efficiency trends.
Updates also include board-declared cash dividends, loan and deposit growth, net interest margin, securities-portfolio effects on equity, and recognition tied to bank performance and community reinvestment. The bank describes itself as Alaska’s community bank since 1922, serving customers through branches, ATMs and banking services across the state.
First National Bank Alaska (OTCQX:FBAK) reported unaudited Q1 2026 results: net income $21.2M ($6.68 per share) versus $17.7M ($5.60) a year earlier. Assets were $5.08B and loans $2.81B. Net interest margin rose to 3.98%, and Tier 1 leverage remained strong at 11.90%.
Allowance for credit losses was $21.4M (0.76% of loans); nonperforming loans were $12.2M (0.43%). Noninterest expenses increased 10.1% due to higher salaries and headcount.
First National Bank Alaska (NASDAQ: FBAK) declared a cash dividend of $4.00 per share at its April 29, 2026 board meeting. The dividend is payable on June 15, 2026 to shareholders of record as of June 1, 2026.
Contact: Denise Brown Robinson, Secretary to the Board, 907-777-3409.
First National Bank Alaska (OTCQX: FBAK) surpassed a $1 billion market capitalization on Feb. 26, 2026, closing at $322.50 with 3,166,885 shares outstanding for a market value of $1.021 billion.
Key metrics: assets $5.1 billion, ROA 1.53%, ROE 14.16%, book value per share $179.75, Tier 1 leverage 11.27%, and efficiency ratio 49.86% as of Dec. 31, 2025.
First National Bank Alaska (NYSE:FBAK) was named the second-ranked bank in the United States on Forbes' 17th annual America’s Best Banks list, the only Alaska bank on the list. The ranking evaluated 100 banks using 11 metrics including growth, credit quality, profitability, efficiency and stock performance.
The bank highlighted its 633 employees, 28 locations in 19 communities, multi-year community awards, an Outstanding CRA rating, and recognitions from Alaska Business, American Banker, Newsweek and Anchorage Daily News.
First National Bank Alaska (OTCQX:FBAK) reported unaudited Q4 2025 results showing quarterly net income of $20.1 million ($6.33 per share) and year-to-date net income of $77.54 million. Total assets were $5.1 billion, loans totaled $2.712 billion, and shareholders' equity was $569.2 million. Net interest margin rose to 3.82% and return on equity was 14.16%. The bank recorded a fourth-quarter provision for credit losses of $2.2 million and an allowance for credit losses of $21.45 million (0.79% of loans).
First National Bank Alaska (NASDAQ: FBAK) declared a quarterly cash dividend of $4.00 per share at its Board meeting on January 29, 2026. The dividend is payable March 16, 2026, to shareholders of record on February 27, 2026.
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.