FBAK First National Bank Alaska

First National Bank Alaska Declares Dividend for First Quarter 2025

First National Bank Alaska Declares Dividend for First Quarter 2025

ANCHORAGE, Alaska, Feb. 03, 2025 (GLOBE NEWSWIRE) -- At the Board of Directors Meeting held January 30, 2025, a cash dividend of $4.00 per share was declared, payable on March 17, 2025, to shareholders of record as of February 28, 2025.

CONTACT: Cheri Gillian

Secretary to the Board of Directors

907-777-3409



EN
03/02/2025

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Reports on First National Bank Alaska

 PRESS RELEASE

CORRECTION: First National Bank Alaska announces unaudited results for...

CORRECTION: First National Bank Alaska announces unaudited results for fourth quarter and full year 2024 ANCHORAGE, Alaska, March 31, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline on February 19, 2025, by First National Bank Alaska (OTCQX:FBAK), please note that in the third paragraph, the value of nonperforming loans as of Dec. 31, 2023 should be $4.6 million, rather than $4.7 million as originally issued. In turn, this resulted in changes to several values in the "Total Interest And Loan Fee Income" and "Total Interest Expense" rows, and the "Nonperforming Loans a...

 PRESS RELEASE

First National Bank Alaska announces unaudited results for fourth quar...

First National Bank Alaska announces unaudited results for fourth quarter and full year 2024 ANCHORAGE, Alaska, Feb. 19, 2025 (GLOBE NEWSWIRE) -- First National Bank Alaska’s (OTCQX:FBAK) net income for the fourth quarter of 2024 was $19.9 million, or $6.29 per share. This compares to a net income of $16.6 million, or $5.24 per share, for the same period in 2023. “Fourth quarter results concluded another year of strong financial performance in 2024,” said First National Board Chair and CEO/President Betsy Lawer. “Growth in both loans and customer deposits along with repositioning efforts...

 PRESS RELEASE

First National Bank Alaska named top ten bank in America by Forbes

First National Bank Alaska named top ten bank in America by Forbes ANCHORAGE, Alaska, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Forbes selected Alaska’s largest community bank, First National Bank Alaska, as one of the top ten banks in the country for their annual list . First National ranked sixth in the nation and was the only bank in Alaska to make the list. The global media company evaluates 11 metrics, including growth, credit quality, profitability and stock performance. “We are honored to receive this recognition,” said First National Board Chair and CEO/President Betsy Lawer. “I want to...

 PRESS RELEASE

First National Bank Alaska Declares Dividend for First Quarter 2025

First National Bank Alaska Declares Dividend for First Quarter 2025 ANCHORAGE, Alaska, Feb. 03, 2025 (GLOBE NEWSWIRE) -- At the Board of Directors Meeting held January 30, 2025, a cash dividend of $4.00 per share was declared, payable on March 17, 2025, to shareholders of record as of February 28, 2025. CONTACT: Cheri GillianSecretary to the Board of Directors907-777-3409

 PRESS RELEASE

First National Bank Alaska Announces Unaudited Results for Third Quart...

First National Bank Alaska Announces Unaudited Results for Third Quarter 2024 ANCHORAGE, Alaska, Nov. 06, 2024 (GLOBE NEWSWIRE) -- First National Bank Alaska’s (OTCQX:FBAK) net income for the third quarter of 2024 was $18.0 million, or $5.68 per share. This compares to a net income of $15.5 million, or $4.90 per share, for the same period in 2023. “Third quarter results continue to reflect the bank’s strong financial performance in 2024,” said First National Board Chair and CEO/President Betsy Lawer. “The notable growth in our loan portfolio shows positive momentum and opportunit...

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