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First National Bank Alaska - FBAK STOCK NEWS

Welcome to our dedicated news page for First National Bank Alaska (Ticker: FBAK), a resource for investors and traders seeking the latest updates and insights on First National Bank Alaska.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First National Bank Alaska's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First National Bank Alaska's position in the market.

Rhea-AI Summary
First National Bank Alaska (FBAK) reported a net income of $16.6 million for Q4 2023, compared to $14.4 million in 2022. Year-to-date net income was $60.0 million, with assets totaling $5.7 billion as of December 31, 2023. The bank's resilience resulted in a record-high net income, with a 1.07% return on assets. Despite a deposit outflow of $486.5 million, the bank maintained a 25% statewide market share and saw growth in interest and fees on loans and investment securities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
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Rhea-AI Summary
At the recent Board of Directors meeting, a cash dividend of $3.20 per share was declared, payable on March 15, 2024, to shareholders of record as of March 1, 2024. This indicates a positive financial move for the company, providing shareholders with a return on their investment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
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dividends earnings
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Rhea-AI Summary
First National Bank Alaska (OTCQX:FBAK) reported a net income of $15.5 million, or $4.90 per share, for Q3 2023, compared to $15.7 million, or $4.94 per share, for the same period in 2022. Year-to-date net income was $43.4 million, or $13.71 per share, compared to $43.9 million, or $13.85 per share, for the same period in 2022. Assets totaled $5.6 billion as of September 30, 2023, increasing $222.1 million since December 31, 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
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Rhea-AI Summary
A special cash dividend of $3.20 per share was declared at the Board of Directors Meeting held on October 26, 2023. The dividend will be payable on December 8, 2023, to shareholders of record as of December 1, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
dividends
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Rhea-AI Summary
At the Board of Directors Meeting held October 26, 2023, a regular quarterly cash dividend of $3.20 per share was declared, payable on December 15, 2023, to shareholders of record as of December 1, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
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dividends earnings
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Rhea-AI Impact
Rhea-AI Sentiment
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2.56%
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Rhea-AI Sentiment
End-of-Day
0.53%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
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First National Bank Alaska

OTC:FBAK

FBAK Rankings

FBAK Stock Data

626.03M
0.5%
Commercial Banking
Finance and Insurance
Link
US
Anchorage