First National Bank Alaska (OTCMKTS:FBAK) Trading Up 1.2% – What’s Next?

First National Bank Alaska (OTCMKTS:FBAK)’s share price was up 1.2% on Friday . The stock traded as high as $232.75 and last traded at $232.67. Approximately 204 shares changed hands during trading, a decline of 39% from the average daily volume of 335 shares. The stock had previously closed at $230.00.

First National Bank Alaska Price Performance

The stock has a 50-day moving average price of $219.83 and a 200-day moving average price of $206.45. The firm has a market capitalization of $737.56 million, a PE ratio of 11.57 and a beta of 0.32.

First National Bank Alaska Announces Dividend

The business also recently declared 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 is Friday, November 29th. This represents a $12.80 annualized dividend and a dividend yield of 5.50%. First National Bank Alaska’s payout ratio is 63.65%.

About First National Bank Alaska

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.