First National Bank Alaska (OTCMKTS:FBAK) Stock Price Up 3.9% – What’s Next?

First National Bank Alaska (OTCMKTS:FBAK)’s share price traded up 3.9% during trading on Tuesday . The stock traded as high as $305.00 and last traded at $305.00. 14 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 361 shares. The stock had previously closed at $293.51.

First National Bank Alaska Stock Up 1.7%

The company has a 50-day moving average of $283.62 and a 200-day moving average of $272.06. The company has a market cap of $965.78 million, a PE ratio of 12.48 and a beta of 0.17.

First National Bank Alaska (OTCMKTS:FBAK) last released its quarterly earnings results on Tuesday, November 4th. The financial services provider reported $6.75 EPS for the quarter. The business had revenue of $56.17 million during the quarter. First National Bank Alaska had a return on equity of 14.98% and a net margin of 29.11%.

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 given a dividend of $4.00 per share. This represents a dividend yield of 561.0%. The ex-dividend date of this dividend was Monday, December 1st. First National Bank Alaska’s dividend payout ratio (DPR) is presently 65.47%.

About First National Bank Alaska

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.