First National Bank Alaska (OTCMKTS:FBAK) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

First National Bank Alaska (OTCMKTS:FBAK)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $270.14 and traded as high as $270.70. First National Bank Alaska shares last traded at $270.00, with a volume of 117 shares trading hands.

First National Bank Alaska Trading Up 0.7%

The company has a market capitalization of $855.90 million, a price-to-earnings ratio of 11.55 and a beta of 0.21. The firm’s fifty day simple moving average is $270.14 and its two-hundred day simple moving average is $258.36.

First National Bank Alaska (OTCMKTS:FBAK) last posted its earnings results on Friday, August 8th. The financial services provider reported $5.80 earnings per share for the quarter. The firm had revenue of $52.52 million during the quarter.

First National Bank Alaska Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 15th. Stockholders of record on Monday, September 1st were issued a $4.00 dividend. The ex-dividend date was Friday, August 29th. This represents a dividend yield of 575.0%. This is an increase from First National Bank Alaska’s previous dividend of $3.20. First National Bank Alaska’s dividend payout ratio (DPR) is currently 68.46%.

First National Bank Alaska Company Profile

First National Bank Alaska, a commercial bank, provides various banking products and services for business, industry, and individual customers primarily in Alaska. The company offers savings and checking accounts; money market deposits; safe deposit services; certificates of deposit; individual retirement accounts; and personal, home equity, and construction loans, as well as loans for stability and growth.