First National Bank Alaska (OTCQX: FBAK) said it surpassed a $1 billion market capitalization for the first time on Feb. 26, 2026, with shares closing at $322.50 after trading between $311.70 and $328.45. With 3,166,885 shares outstanding, the bank’s market value totaled $1.021 billion at the close. The bank said its common shares are up more than 33% since Dec. 31, 2024, versus 7% for the KBW Regional Bank Index, and total return over the same period was 45% versus 11% for the index. As of Dec. 31, 2025, First National reported assets of $5.1 billion, return on assets of 1.53% up 31 basis points year over year, an efficiency ratio of 49.86%, shareholders’ equity of $569.2 million, return on equity of 14.16%, book value per share of $179.75, and a Tier 1 leverage capital ratio of 11.27%.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First National Bank Alaska published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603021626PRIMZONEFULLFEED9664332) on March 02, 2026, and is solely responsible for the information contained therein.
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