First National Bank Alaska (OTCMKTS:FBAK) Reaches New 1-Year High – Time to Buy?

by · The Markets Daily

First National Bank Alaska (OTCMKTS:FBAK – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $225.00 and last traded at $222.00, with a volume of 1172 shares trading hands. The stock had previously closed at $216.00.

First National Bank Alaska Price Performance

The stock has a market capitalization of $703.74 million, a PE ratio of 11.48 and a beta of 0.33. The stock’s fifty day moving average is $205.52 and its 200-day moving average is $200.49.

First National Bank Alaska (OTCMKTS:FBAK – Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The financial services provider reported $4.94 earnings per share for the quarter. The business had revenue of $47.64 million during the quarter.

First National Bank Alaska Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Sunday, December 1st will be given a dividend of $3.20 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $12.80 dividend on an annualized basis and a dividend yield of 5.77%. First National Bank Alaska’s dividend payout ratio (DPR) is 66.22%.

About First National Bank Alaska

(Get Free Report)

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.

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