First National Bank Alaska
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; and personal, home equity, and construction loans, as well as loans for stability and growth. It also provides inv… Read more
First National Bank Alaska (FBAK) - Net Assets
Latest net assets as of September 2025: $567.72 Million USD
Based on the latest financial reports, First National Bank Alaska (FBAK) has net assets worth $567.72 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.24 Billion) and total liabilities ($4.68 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $567.72 Million |
| % of Total Assets | 10.83% |
| Annual Growth Rate | 0.8% |
| 5-Year Change | -15.13% |
| 10-Year Change | -1.49% |
| Growth Volatility | 9.07 |
First National Bank Alaska - Net Assets Trend (2000–2023)
This chart illustrates how First National Bank Alaska's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for First National Bank Alaska (2000–2023)
The table below shows the annual net assets of First National Bank Alaska from 2000 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $464.79 Million | +14.05% |
| 2022-12-31 | $407.55 Million | -26.51% |
| 2021-12-31 | $554.53 Million | -5.47% |
| 2020-12-31 | $586.59 Million | +7.10% |
| 2019-12-31 | $547.68 Million | +8.06% |
| 2018-12-31 | $506.85 Million | +2.01% |
| 2017-12-31 | $496.88 Million | +0.84% |
| 2016-12-31 | $492.74 Million | +0.85% |
| 2015-12-31 | $488.56 Million | +3.55% |
| 2014-12-31 | $471.82 Million | +4.26% |
| 2013-12-31 | $452.54 Million | -1.65% |
| 2012-12-31 | $460.12 Million | +6.23% |
| 2002-12-31 | $433.13 Million | +7.61% |
| 2001-12-31 | $402.48 Million | +3.92% |
| 2000-12-31 | $387.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to First National Bank Alaska's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 57.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $491.50 Million | 105.75% |
| Total Equity | $464.79 Million | 100.00% |
First National Bank Alaska Competitors by Market Cap
The table below lists competitors of First National Bank Alaska ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fobi AI Inc
OTCQB:FOBIF
|
$2.28 Million |
|
VIRACTA THERAP.I.DL-0001
F:RYI
|
$2.28 Million |
|
Krebs Biochemicals and Industries Limited
NSE:KREBSBIO
|
$2.28 Million |
|
4LE
F:4LE
|
$2.28 Million |
|
Tourn International AB
ST:TOURN
|
$2.28 Million |
|
Next Meats Holdings Inc
PINK:NXMH
|
$2.27 Million |
|
Strategic Env & Egy
OTCQB:SENR
|
$2.27 Million |
|
UPEXI INC. DL -001
F:7TQ
|
$2.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First National Bank Alaska's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 407,550,000 to 464,791,000, a change of 57,241,000 (14.0%).
- Net income of 60,010,000 contributed positively to equity growth.
- Dividend payments of 50,670,000 reduced retained earnings.
- Other factors increased equity by 47,901,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $60.01 Million | +12.91% |
| Dividends Paid | $50.67 Million | -10.9% |
| Other Changes | $47.90 Million | +10.31% |
| Total Change | $- | 14.05% |
Book Value vs Market Value Analysis
This analysis compares First National Bank Alaska's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.50x to 1.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $156.70 | $234.75 | x |
| 2018-12-31 | $159.96 | $234.75 | x |
| 2019-12-31 | $172.91 | $234.75 | x |
| 2020-12-31 | $185.23 | $234.75 | x |
| 2021-12-31 | $175.10 | $234.75 | x |
| 2022-12-31 | $128.69 | $234.75 | x |
| 2023-12-31 | $146.77 | $234.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First National Bank Alaska utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.91%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 33.89%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 12.33x
- Recent ROE (12.91%) is above the historical average (9.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 8.07% | 21.83% | 0.09x | 4.31x | $-7.48 Million |
| 2001 | 9.63% | 25.76% | 0.08x | 4.46x | $-1.48 Million |
| 2002 | 9.88% | 28.62% | 0.07x | 4.73x | $-537.60K |
| 2012 | 8.70% | 27.74% | 0.05x | 6.55x | $-5.98 Million |
| 2013 | 7.14% | 24.66% | 0.04x | 6.86x | $-12.94 Million |
| 2014 | 6.91% | 24.64% | 0.04x | 7.02x | $-14.59 Million |
| 2015 | 7.39% | 28.73% | 0.04x | 7.31x | $-12.73 Million |
| 2016 | 8.40% | 28.29% | 0.04x | 7.33x | $-7.88 Million |
| 2017 | 7.33% | 24.85% | 0.04x | 7.35x | $-13.26 Million |
| 2018 | 10.67% | 34.65% | 0.04x | 7.41x | $3.42 Million |
| 2019 | 10.16% | 35.24% | 0.04x | 6.95x | $876.80K |
| 2020 | 9.81% | 34.10% | 0.04x | 8.00x | $-1.12 Million |
| 2021 | 10.53% | 34.31% | 0.03x | 10.06x | $2.96 Million |
| 2022 | 14.29% | 34.80% | 0.03x | 13.10x | $17.48 Million |
| 2023 | 12.91% | 33.89% | 0.03x | 12.33x | $13.53 Million |
Industry Comparison
This section compares First National Bank Alaska's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $22,823,266,317
- Average return on equity (ROE) among peers: 14.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First National Bank Alaska (FBAK) | $567.72 Million | 8.07% | 8.24x | $2.28 Million |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.91 Billion |
| ACNB Corporation (ACNB) | $106.80 Million | 8.72% | 8.79x | $452.68 Million |
| Addiko Bank AG (ADBKF) | $6.08 Billion | 0.58% | 0.00x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $80.78 Million | 3.82% | 9.53x | $79.98 Million |
| Absa Group Limited (AGRPF) | $56.49 Billion | 12.11% | 11.71x | $6.72 Billion |
| AIB Group plc (AIBGY) | $2.74 Billion | 18.02% | 16.84x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $153.61 Billion | 39.08% | 6.47x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $8.37 Billion | 34.92% | 7.81x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $235.94 Million | 14.17% | 11.96x | $248.47 Million |