Adam Shapiro, vice president at the Federal Reserve Bank of San Francisco, shared views on the current economy and the outlook from the Economic Research Department as of April 16, 2026. Oil markets have experienced considerable volatility, significantly clouding the economic outlook. While long-term inflation expectations remain anchored, new price pressures pose the risk of…
ANCHORAGE, Alaska – First National Bank Alaska shareholders reelected fourteen directors to their board positions during the bank’s annual shareholder meeting on April 28, 2026. The current board includes Board Chair and CEO/President Betsy Lawer, Vice Chair Lucy Mahan, Lead Director Perry Eaton, Admiral Tom Barrett, USCG (ret.), John Binkley, Darren Franz, Cheri Gillian, Jane…
ANCHORAGE, AK – First National Bank Alaska’s (OTCQX:FBAK) net income for the first quarter of 2026 was $21.2 million, or $6.68 per share. This compares to a net income of $17.7 million, or $5.60 per share, for the same period in 2025. Return on assets increased to 1.67%, an improvement of 25 basis points over…
(ANCHORAGE) At the Board of Directors meeting held April 29, 2026, a cash dividend of $4.00 per share was declared, payable on June 15, 2026, to shareholders of record as of June 1, 2026. CONTACT: Denise Brown RobinsonSecretary to the Board of Directors907-777-3409
Due to the U.S. Treasury’s decision to end penny production, our ability to fulfill penny-related requests is impacted. To ensure fairness and continuity of service, First National is limiting business customers to $5 in rolled pennies and not providing rolled pennies to non-customers or collectors. We encourage business customers to review pricing and point-of-sale systems…
Alaska entrepreneurial ventures like The Cookery trust First National Bank Alaska for industry expertise, personalized financial solutions and a first-name-basis relationship they can count on. Business owners rely on services like cash flow support to bridge seasonal highs and lows, along with digital tools that put the power of business banking at their fingertips, all…