First National Bank Alaska (FBAK) AI Stock Analysis

• Market Cap: $876.15M
• Dividend Yield: 6.06%
• Average Volume (3M): 216.00
• Price to Earnings (P/E): 11.7
• Beta (1Y): 0.24
• Revenue Growth: 50.24%
• EPS Growth: 15.61%
• Country: US
• Employees: 608
• Sector: Financial
• Sector Strength: 77
• Industry: Banks - Regional
• EPS (TTM): 5.60
• Shares Outstanding: 3,320,000
• 10 Day Avg. Volume: 309
• 30 Day Avg. Volume: 216
• PEG Ratio: 4.82
• Price to Book (P/B): 1.41
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 12.96
• Enterprise Value/Market Cap: 1.71
• Enterprise Value/Revenue: 2.12
• Enterprise Value/Gross Profit: 8.32
• Enterprise Value/Ebitda: 6.30
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 79 Outperform
• Price Target: ―

First National Bank Alaska's strong financial performance, characterized by robust revenue growth and operational efficiency, is a key driver of its stock score. The technical indicators support a positive trend, though caution is advised as momentum indicators approach overbought levels. Valuation metrics, including a reasonable P/E ratio and high dividend yield, enhance the stock's attractiveness, though no recent earnings call or corporate events are factored into this analysis.

First National Bank Alaska Business Overview & Revenue Model

Company Description

First National Bank Alaska (FBAK) is a state-chartered commercial bank headquartered in Anchorage, Alaska. Established in 1922, the bank provides a wide range of financial services to individuals, businesses, and government entities primarily within the state of Alaska. Its core products and services include personal and business banking, mortgage lending, wealth management, and various types of loans and credit facilities. FBAK is one of Alaska's largest and oldest banks, known for its deep-rooted community involvement and commitment to customer service.

How the Company Makes Money

First National Bank Alaska generates revenue primarily through the interest income from loans and credit facilities extended to its customers. This includes personal loans, business loans, and mortgages. Additionally, the bank earns money from fees associated with its banking services such as account maintenance, ATM usage, and transaction fees. Wealth management and investment advisory services also contribute to its revenue streams. The bank benefits from its strategic position in Alaska, where it serves a diverse clientele, and through its relationships with local businesses and government bodies, which enhance its deposit base and loan portfolio. FBAK's earnings are also supported by prudent financial management and a focus on maintaining a strong asset base.

First National Bank Alaska Financial Statement Overview

Summary

First National Bank Alaska demonstrates solid financial health with consistent revenue growth, strong operational margins, and effective cash management. While its leverage is typical for the industry, there is potential to strengthen its equity base. The overall financial performance suggests a well-managed bank with a focus on profitability and cash efficiency.

Income Statement

First National Bank Alaska has shown a consistent increase in total revenue over the past few years, with a notable revenue growth rate of 8.25% from 2022 to 2023. The net profit margin is strong at 33.13% for 2023, indicating profitability. However, the gross profit margin is slightly lower due to lower gross profit compared to total revenue, reflecting cost absorption challenges. The EBIT and EBITDA margins are robust, at 59.23% and 47.97% respectively, which showcase operational efficiency.

Balance Sheet

The debt-to-equity ratio of 1.71 in 2023 indicates moderate leverage, which is typical for banks. The return on equity (ROE) is commendable at 12.91%, reflecting efficient use of equity. The equity ratio stands at 8.11%, suggesting a lower proportion of equity financing in total assets, a common trait in the banking industry. The financial structure is stable but shows room for improvement in equity position.

Cash Flow

The operating cash flow to net income ratio is healthy at 1.52, indicating strong cash generating ability relative to its profits. The free cash flow to net income ratio is also robust at 1.48. Free cash flow growth rate shows a solid increase of 23.17% from 2022 to 2023, reflecting effective cash management and operational growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	181.51M	194.47M	181.13M	181.97M	170.27M	168.71M
Gross Profit	180.56M	0.00	177.07M	167.32M	167.84M	166.51M
EBITDA	60.06M	89.89M	87.84M	83.31M	82.90M	82.42M
Net Income	60.03M	67.05M	60.01M	58.23M	58.41M	57.53M
Balance Sheet
Total Assets	5.21B	5.01B	5.73B	5.34B	5.58B	4.70B
Cash, Cash Equivalents and Short-Term Investments	25.23M	0.00	923.41M	2.91B	3.37B	2.40B
Total Debt	39.07M	760.98M	795.00M	670.97M	781.70M	969.77M
Total Liabilities	4.74B	4.49B	5.27B	4.94B	5.03B	4.12B
Stockholders Equity	470.70M	516.56M	464.79M	407.55M	554.53M	586.59M
Cash Flow
Free Cash Flow	0.00	37.61M	89.05M	72.30M	79.27M	61.80M
Operating Cash Flow	0.00	40.19M	91.47M	80.53M	82.42M	64.91M
Investing Cash Flow	0.00	333.94M	486.83M	-364.46M	-947.79M	-445.02M
Financing Cash Flow	0.00	-825.11M	255.78M	-154.48M	864.95M	784.83M

First National Bank Alaska Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 263.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 263.9 is above the 20-day moving average (MA) of 260.47, above the 50-day MA of 255.55, and above the 200-day MA of 227.53, indicating a bullish trend. The MACD of 2.29 indicates Negative momentum. The RSI at 57.09 is Neutral, neither overbought nor oversold. The STOCH value of 99.36 is Negative, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FBAK	79 Outperform	$876.15M	11.72	32.46%	6.06%	50.24%	15.61%
FMBH	75 Outperform	$945.17M	11.71	9.65%	2.44%	10.25%	8.73%
CFFN	73 Outperform	$827.35M	15.42	5.09%	5.46%	6.02%	―
BHRB	72 Outperform	$951.79M	18.07	10.71%	3.37%	181.68%	28.82%
UVSP	69 Neutral	$914.92M	11.89	8.93%	2.78%	7.16%	12.20%
Sector *	67 Neutral	$16.77B	11.74	9.77%	3.75%	12.07%	-8.28%
HFWA	66 Neutral	$862.19M	17.04	5.95%	3.80%	9.12%	11.62%