First National Bank Alaska reports Q3 2024 net income of $18 million, shares hit $225 high.

First National Bank Alaska (FBAK) reached a 52-week high of $225.00 per share, closing at $216.00 previously. The bank reported a net income of $18 million for Q3 2024, up from $15.5 million in Q3 2023. It also announced a quarterly dividend of $3.20 per share, yielding 5.77%. With total assets of $5.6 billion, FBAK showed growth in its loan portfolio, reflecting positive economic momentum in Alaska.

November 07, 2024
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