Philip Griffin - First National CIO and Sr. VP of Information Technology Division

FBAK Stock

USD 230.00 0.90 0.39%

SVP

Mr. Philip L. Griffin is Executive Vice President, Chief Information Officer of the Company. His banking career began in the early 1980s after graduating from the University of Nebraska with a bachelor degree in business administration. He arrived in Alaska after holding CIO positions in California and Nevada. Griffin is responsible for the bank information technology strategic planning, implementation and security, core and item processing systems, network services, software solutions and support, online banking and business continuity planning. since 2018.

Age	65
Tenure	6 years
Phone	907 777 4362
Web	https://www.fnbalaska.com

First National Management Efficiency

The company has return on total asset (ROA) of 0.0109 % which means that it generated a profit of $0.0109 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1262 %, meaning that it created $0.1262 on every $100 dollars invested by stockholders. First National's management efficiency ratios could be used to measure how well First National manages its routine affairs as well as how well it operates its assets and liabilities.

Compare First National to Peers

Predict price of First National

First National Bank currently holds 748.32 M in liabilities. Debt can assist First National until it has trouble settling it off, either with new capital or with free cash flow. So, First National's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First National Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First National's use of debt, we should always consider it together with cash and equity.

First National Bank Alaska, a commercial bank, provides various banking products and services for business, industry, and individual customers primarily in Alaska. The company was founded in 1922 and is headquartered in Anchorage, Alaska. First Natl is traded on OTC Exchange in the United States. First National Bank [FBAK] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

	Return On Equity	0.13
	Return On Asset	0.0109

First National Bank Leadership Team

Elected by the shareholders, the First National's board of directors comprises two types of representatives: First National inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First National's management team and ensure that shareholders' interests are well served. First National's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First National's outside directors are responsible for providing unbiased perspectives on the board's policies.

	Craig Thorn, Senior Vice President Regional Manager, Mat-Su Region
	Michele Schuh, CFO, Principal Accounting Officer, Sr. VP of Financial Division and Comptroller
	Philip Griffin, CIO and Sr. VP of Information Technology Division
	Cindi Buzitis, Executive Vice President Chief Compliance Officer
	Dustin Hofeling, VP Director
	Roxanna Lawer, Pres CEO
	Denise Robinson, Sr Experience
	Ryan Strong, Senior Vice President - Mortgage Lending Division
	Cheri Gillian, Senior Vice President - Corporate Communications and External Affairs Division
	Pamela Keeler, Sr Counsel

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is First National a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

	Return On Equity	0.13
	Return On Asset	0.0109
	Profit Margin	0.38 %
	Operating Margin	0.50 %
	Current Valuation	1.57 B
	Shares Outstanding	3.17 M
	Shares Owned By Institutions	0.87 %
	Price To Earning	13.33 X
	Price To Book	1.91 X
	Price To Sales	4.61 X

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Other Information on Investing in First OTC Stock

First National financial ratios help investors to determine whether First OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First National security.

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