ANCHORAGE, AK – First National Bank Alaska’s (OTCQX:FBAK) net income for the first quarter of 2025 was $17.7 million, or $5.60 per share. This compares to a net income of $13.5 million, or $4.26 per share, for the same period in 2024. “The momentum we gained in 2024 propelled the bank to a very strong…
(Anchorage, AK) At the Board of Directors Meeting held April 30, 2025, a cash dividend of $4.00 per share was declared, payable on June 15, 2025, and distributed on June 16, 2025, to shareholders of record as of June 1, 2025.
Alaskans statewide benefitted from contributions of $219,399.78 from First National Bank Alaska and its employees during January through March 2025. This total includes investments in Alaska communities made in the form of charitable gifts and community sponsorships. “I learned early on that First National succeeds only when Alaskans and the communities they live in prosper…
Alaska Business described First National as “the undisputed heavyweight champion of positive workplace culture” and interviewed Administrative Director Steve Patin about what makes First National the best place work. “People naturally want to be part of a winning team… For us, winning isn’t just about financial success. It’s about making meaningful impacts in our customers’…
Fraudsters are calling Alaskans and claiming to be with First National Bank Fraud Department. The scammers say there is fraudulent activity on customers’ accounts and request information that the bank would not ask for. The caller ID sometimes displays “Free FNBA Fraud Text”. Remember the following #BanksNeverAskThat tips when discussing with customers how they can…
ANCHORAGE, Alaska, April 2, 2025 — 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…