First National Bank Alaska (FBAK) Reports Q4 EPS of $5.16

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Go back to First National Bank Alaska (FBAK) Reports Q4 EPS of $5.16

First National Bank Alaska Announces Unaudited Results for Fourth Quarter 2021

February 2, 2022 9:19 PM EST

ANCHORAGE, Alaska--(BUSINESS WIRE)-- First National Bank Alaskas (OTCQX: FBAK) unaudited net income for the fourth quarter 2021 was $16.3 million, or $5.16 per share. This compares to net income of $13.3 million, or $4.19 per share, for the same period in 2020. Unaudited year-to-date net income was $58.4 million, or $18.45 per share, compared to $57.5 million, or $18.17 per share for the same period in 2020.

Total assets were $5.6 billion as of December 31, 2021, an increase of $886.0 million year-to-date. Return on assets for the twelve months ended December 31, 2021 was 1.12%, decreased from 1.33% for the same period last year on a significantly larger asset... More