Stock fact sheet · data as of
First National Bank Alaska (FBAK): fair value, margin of safety and Wheel Score
Financial Services · Banks · United States · High Yield Income
Is FBAK undervalued?
At 323.00 (close of 16 Oct 2026), FBAK trades 27% under the GLS average fair value of 444.68. 6 of the 9 models that produced a value land above the price. A discount of this size counts as a positive margin of safety in every GLS screen; whether it is enough depends on the rest of the picture - the health score, the moat and the option premium below.
The 9 models range from 263.75 (Lynch) to 734.70 (Graham Growth). That spread is typical: growth-based methods such as GLS Growth and Lynch run ahead of the asset- and dividend-based ones when earnings are growing, and the average splits the difference.
The nightly engine files FBAK under High Yield Income: a dividend yield above 4%.
Nine valuation models for FBAK
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 468.36 | +45% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 330.93 | +2% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 734.70 | +127% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 263.75 | -18% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 350.89 | +9% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 661.31 | +105% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 605.25 | +87% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 294.29 | -9% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 292.67 | -9% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -1,342.00 | -515% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - FBAK passes 5 of the nine Piotroski tests, which falls one point short of the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is 5.8 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in others.
Returns on capital are moderate - ROIC 5.8%, ROE 13.6%, ROA 1.5% - with debt at 1.33 times equity and negative free cash flow.
The dividend yield is high at 6.19% (payout ratio 0%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | 5.8% |
|---|---|---|---|
| GLS Moat | 5.8 / 10 | ROE | 13.6% |
| Debt / equity | 1.33 | ROA | 1.5% |
| Free-cash-flow yield | 0.0% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
FBAK has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (39 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 0k shares a day on a market cap of $1.0B, with a beta of 0.23 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 8 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 24 / 25 | 27% margin of safety | |
| Health | 11 / 20 | Piotroski 5/9 | |
| Moat | 9 / 15 | moat 5.8/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 8 / 20 | 0k shares/day, $1.0B cap, beta 0.23 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for FBAK in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks
The 12 companies below are the closest to First National Bank Alaska by market cap within the Banks industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| CNND Canandaigua National Corporation | 220.00 | 582.91 | +62% | 39No options | $403M |
| ALPIB Alpine Banks of Colorado | 48.25 | 69.00 | +30% | 39No options | $395M |
| HARL Harleysville Financial Corporation | 33.40 | 42.11 | +21% | 39No options | $119M |
| FBVI FCN Banc Corp. | 37.00 | 52.00 | +29% | 39No options | $64M |
| LOGN Logansport Financial Corp. | 37.00 | 32.02 | -16% | 27No options | $23M |
| GVFF Greenville Federal Financial Corporation | 7.50 | 3.51 | -114% | 22No options | $15M |
| ITUB Itaú Unibanco Holding S.A. | 9.50 | 42.89 | +78% | 83Prime | $104.7B |
| ETW Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund | 9.44 | 40.15 | +76% | 39No options | $1.0B |
| SBNCM Southern BancShares (N.C.), Inc. | 11.82 | 5,263.41 | +100% | 39No options | $1.0B |
| SBNC Southern BancShares (N.C.), Inc. | 13,500.00 | 26,359.95 | +49% | 39No options | $1.0B |
| SBNCN Southern BancShares (N.C.), Inc. PFD CL C | 12.00 | 5,263.69 | +100% | 39No options | $1.0B |
| AOCIX American Century One Choice Portfolio: Conservative Investor Class | 14.00 | 3.98 | -252% | 18No options | $1.0B |
⚖ Compare FBAK with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about FBAK
Is FBAK undervalued right now?
By the GLS models, moderately: at 323.00 the stock trades 27% below the average fair value of 444.68 (data as of 16 Oct 2026).
What is the Wheel Score of FBAK and what does it mean?
FBAK has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for FBAK?
444.68 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does First National Bank Alaska report earnings next?
No upcoming earnings date is recorded for FBAK in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does FBAK have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on FBAK, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.