First National Bank Alaska (OTCMKTS:FBAK) Reaches New 1-Year High – What’s Next?

First National Bank Alaska (OTCMKTS:FBAK) reached a new 52-week high during trading on Tuesday . The stock traded as high as $310.50 and last traded at $310.50, with a volume of 56 shares changing hands. The stock had previously closed at $309.00.

First National Bank Alaska Price Performance

The stock has a market capitalization of $985.87 million, a PE ratio of 12.70 and a beta of 0.21. The business’s fifty day moving average price is $303.09 and its 200-day moving average price is $285.21.

First National Bank Alaska (OTCMKTS:FBAK) last issued its quarterly earnings results on Tuesday, February 3rd. The financial services provider reported $6.33 earnings per share (EPS) for the quarter. The firm had revenue of $58.36 million during the quarter. First National Bank Alaska had a return on equity of 14.98% and a net margin of 29.19%.

First National Bank Alaska Announces Dividend

The company also recently declared a dividend, which was paid on Monday, December 15th. Investors of record on Tuesday, December 2nd were issued a dividend of $4.00 per share. This represents a yield of 561.0%. The ex-dividend date was Monday, December 1st. First National Bank Alaska’s dividend payout ratio is currently 65.36%.

First National Bank Alaska Company Profile

First National Bank Alaska is a community‐oriented financial institution headquartered in Anchorage, Alaska. Established in 1922, the bank has grown to serve individuals, businesses and institutions across Alaska through a network of branch offices and digital channels. As an OTC‐traded company, it offers broad commercial and consumer banking services tailored to the unique economic and geographic needs of the state.

The bank’s consumer banking operations include checking and savings accounts, personal loans, mortgages and online banking solutions.