First National Bank Alaska announces unaudited results for first quarter 2024
ANCHORAGE, Alaska, May 06, 2024 (GLOBE NEWSWIRE) -- First National Bank Alaska’s (OTCQX:FBAK) net income for the first quarter of 2024 remained stable at $13.476 million, or $4.26 per share.
- ANCHORAGE, Alaska, May 06, 2024 (GLOBE NEWSWIRE) -- First National Bank Alaska’s (OTCQX:FBAK) net income for the first quarter of 2024 remained stable at $13.476 million, or $4.26 per share.
- Return on assets as of March 31, 2024 was 0.95%, three basis points lower compared to the same period last year.
- The efficiency ratio for March 31, 2024 was 56.00% and remains better than First National’s Alaska and national peer groups.
- Book value per share as of March 31, 2024 was $148.63, compared to $146.77 as of December 31, 2023.