First National Bank Alaska (FBAK) AI Stock Analysis

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First National Bank Alaska

(Other OTC:FBAK)

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Rating:81Outperform

Price Target:$393.00▲(16.36% Upside)

Action:reiterated

Date:11/07/26

The score is driven primarily by strong profitability and healthy earnings quality, supported by favorable technical trend and momentum. Valuation also contributes positively due to a moderate P/E and high dividend yield, while balance-sheet and cash-flow variability (including the prior leverage spike and cash-flow dip) temper the overall rating.

Positive Factors

Sustained ProfitabilityPersistently high net margins indicate strong earnings power and provide a durable buffer for a community bank. The improvement in 2025 further supports the ability to retain capital, fund operations, and absorb normal business fluctuations while maintaining shareholder returns.

Negative Factors

Leverage VolatilityThe sharp 2023 leverage increase shows that the capital structure can change materially rather than remaining consistently stable. Although leverage later normalized, such variability can reduce financial flexibility and make future balance-sheet management more sensitive to operating or funding conditions.

First National Bank Alaska (FBAK) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $1.07B
Dividend Yield: 5.92%
Average Volume (3M): 240
Price to Earnings (P/E): 12.3
Beta (1Y): 0.29
Revenue Growth: 5.01%
EPS Growth: 12.69%
Country: US
Employees: 631
Sector: Financial
Sector Strength: 68
Industry: Banks

First National Bank Alaska Business Overview & Revenue Model

Company Description

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...

First National Bank Alaska Financial Statement Overview

Summary

Strong profitability and earnings quality support the score: revenue is meaningfully higher than 2020 levels and net margins have remained high (~25%–34%) with improvement in 2025. Offsetting this, there is notable volatility (2024 revenue dip, sharp 2024 operating cash flow drop, and a 2023 leverage spike) that adds balance-sheet and cash-flow consistency risk.

Income Statement

82Very Positive

Balance Sheet

68Positive

Cash Flow

74Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	273.56M	265.67M	272.55M	237.10M	181.97M	171.85M
Gross Profit	223.56M	213.05M	194.23M	178.00M	168.57M	167.84M
EBITDA	111.58M	104.11M	89.89M	87.84M	83.31M	82.90M
Net Income	83.42M	77.54M	67.05M	60.01M	58.23M	58.41M
Balance Sheet
Total Assets	5.12B	5.11B	5.01B	5.73B	5.34B	5.58B
Cash, Cash Equivalents and Short-Term Investments	338.98M	278.70M	0	3.31B	2.91B	3.37B
Total Debt	799.82M	756.76M	760.98M	1.42B	670.97M	781.70M
Total Liabilities	4.54B	4.54B	4.49B	5.27B	4.93B	5.03B
Stockholders Equity	585.22M	569.25M	516.56M	464.79M	407.55M	554.53M
Cash Flow
Free Cash Flow	0	75.49M	37.61M	84.84M	72.30M	79.27M
Operating Cash Flow	0	79.03M	40.19M	87.26M	80.53M	82.42M
Investing Cash Flow	0	-253.66M	333.94M	486.83M	-364.46M	-947.79M
Financing Cash Flow	0	-19.11M	-825.11M	255.78M	-154.48M	864.95M

First National Bank Alaska Technical Analysis

Technical Analysis SentimentPositive

Last Price337.74

Price Trends

50DMA328.95Positive

100DMA325.30Positive

200DMA317.63Positive

Market Momentum

MACD2.91Negative

RSI57.02Neutral

STOCH69.27Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FBAK, the sentiment is Positive. The current price of 337.74 is above the 20-day moving average (MA) of 331.68, above the 50-day MA of 328.95, and above the 200-day MA of 317.63, indicating a bullish trend. The MACD of 2.91 indicates Negative momentum. The RSI at 57.02 is Neutral, neither overbought nor oversold. The STOCH value of 69.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FBAK.

First National Bank Alaska Peers Comparison

Overall Rating

UnderperformOutperform

Sector (68)

Financial Indicators

FBAK against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FBAK	81Outperform	$1.07B	12.26	15.09%	5.92%	5.01%	12.69%
CAC	77Outperform	$993.10M	11.09	12.66%	2.84%	6.01%	51.38%
NRIM	71Outperform	$531.65M	9.54	16.36%	2.70%	2.78%	-11.91%
ALRS	70Outperform	$860.65M	28.50	5.22%	2.49%	-14.91%	-42.70%
HFWA	70Outperform	$1.15B	13.96	7.32%	3.48%	21.50%	20.75%
Sector *	68Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CCB	63Neutral	$656.15M	-181.08	-0.75%	―	9.84%	-107.08%

* Financial Sector Average

Performance Comparison

FBAK and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
FBAK	First National Bank Alaska	337.74	78.50	30.28%
CAC	Camden National	59.21	21.06	55.22%
HFWA	Heritage Financial	28.19	6.75	31.51%
NRIM	Northrim	24.05	1.19	5.19%
CCB	Coastal Financial	43.46	-61.09	-58.43%
ALRS	Alerus Financial Corporation	34.48	13.63	65.34%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 07, 2026

First National Bank Alaska AI Stock Analysis