First National Bank Alaska (OTCMKTS:FBAK) Releases Quarterly Earnings Results

First National Bank Alaska (OTCMKTS:FBAK) announced its earnings results on Tuesday. The financial services provider reported $6.58 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $57.69 million for the quarter. First National Bank Alaska had a return on equity of 14.65% and a net margin of 30.38%.

First National Bank Alaska Stock Down 1.5%

OTCMKTS:FBAK traded down $5.00 on Thursday, hitting $330.00. The stock had a trading volume of 49 shares, compared to its average volume of 294. The stock has a market cap of $1.05 billion, a P/E ratio of 12.53 and a beta of 0.26. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.66 and a current ratio of 0.67. The firm’s fifty day simple moving average is $321.56 and its two-hundred day simple moving average is $316.91. First National Bank Alaska has a 1 year low of $257.01 and a 1 year high of $343.00.

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.