First National Bank Alaska surpasses $1 billion market capitalization

ANCHORAGE, Alaska, March 02, 2026 (GLOBE NEWSWIRE) -- First National Bank Alaska (OTCQX: FBAK) reached a significant milestone on Feb. 26, 2026, surpassing a $1 billion market capitalization for the first time in the bank’s history. Common shares traded in a daily range of $311.70 to $328.45, closing at $322.50 per share. The bank’s 3,166,885 outstanding shares reflected a record-high total market value of equity totaling $1.021 billion as of market close. As of the date of this announcement, FBAK common sh ...