FBAK Stock Overview

A commercial bank, provides various banking products and services for business, industry, and individual customers primarily in Alaska. More details

FBAK fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	4/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 26.7% below our estimate of its fair value

Earnings grew by 3.8% over the past year

Risk Analysis

Unstable dividend track record

Latest financial reports are more than 6 months old

My Notes

Capture your thoughts, links and company narrative

First National Bank Alaska Competitors

Orrstown Financial Services

NasdaqCM:ORRF

US$702.4m

Farmers & Merchants Bancorp

OTCPK:FMCB

US$727.7m

Northeast Bank

NasdaqGM:NBN

US$759.3m

Heritage Commerce

NasdaqGS:HTBK

US$588.5m

Price History & Performance

Summary of share price highs, lows and changes for First National Bank Alaska
Historical stock prices
Current Share Price	US$234.00
52 Week High	US$243.98
52 Week Low	US$186.00
Beta	0.29
1 Month Change	-1.68%
3 Month Change	15.24%
1 Year Change	17.23%
3 Year Change	1.19%
5 Year Change	-2.50%
Change since IPO	485.00%

Recent updates

Shareholder Returns

	FBAK	US Banks	US Market
7D	0.6%	-5.5%	-3.5%
1Y	17.2%	27.2%	22.1%

Return vs Industry: FBAK underperformed the US Banks industry which returned 27.2% over the past year.

Return vs Market: FBAK underperformed the US Market which returned 22.1% over the past year.

Price Volatility

Is FBAK's price volatile compared to industry and market?
FBAK volatility
FBAK Average Weekly Movement	4.5%
Banks Industry Average Movement	5.3%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.0%
10% least volatile stocks in US Market	3.1%

Stable Share Price: FBAK has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FBAK's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1922	612	Betsy Lawer	www.fnbalaska.com

First National Bank Alaska, a commercial bank, provides various banking products and services for business, industry, and individual customers primarily in Alaska. The company offers savings and checking accounts; money market deposits; safe deposit services; certificates of deposit; individual retirement accounts; and personal, home equity, and construction loans, as well as loans for stability and growth. It also provides investment, treasury, trust, and wealth management services; and escrow and contract collection, and bankcard services.

First National Bank Alaska Fundamentals Summary

How do First National Bank Alaska's earnings and revenue compare to its market cap?
FBAK fundamental statistics
Market cap	US$712.55m
Earnings (TTM)	US$60.03m
Revenue (TTM)	US$182.40m

12.3x

P/E Ratio

1.6x

P/B Ratio

Is FBAK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FBAK income statement (TTM)
Revenue	US$182.40m
Cost of Revenue	US$0
Gross Profit	US$182.40m
Other Expenses	US$122.37m
Earnings	US$60.03m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	18.96
Gross Margin	100.00%
Net Profit Margin	32.91%
Debt/Equity Ratio	221.1%

How did FBAK perform over the long term?

See historical performance and comparison

Dividends

6.8%

Current Dividend Yield

68%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 01:07
End of Day Share Price	2024/12/20 00:00
Earnings	2024/03/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First National Bank Alaska is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution