First National Bank Alaska logo

First National Bank Alaska (FBAK)

Market Closed
12 Dec, 20:00
OTCQX OTCQX
$
290. 00
+1.24
+0.43%
$
712.58M Market Cap
10.51 P/E Ratio
12.8% Div Yield
268 Volume
0 Eps
$ 288.76
Previous Close
Day Range
290 295
Year Range
218 307.74
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Earnings results expected in 47 days
First National Bank Alaska: One Of The Best US Banks According To Forbes

First National Bank Alaska: One Of The Best US Banks According To Forbes

First National Bank Alaska ranks sixth among US banks due to a CET1 ratio of nearly 20%, 7.60% organic growth, and 0.16% non-performing assets. Despite a 3% decrease in deposits, FBAK's loan-to-deposit ratio is 66%, showing strong financial health and conservative lending practices. Unrealized losses on risk-free securities pose the main risk, but the bank's solid equity and recovery efforts mitigate concerns.

Seekingalpha | 7 months ago