Short Interest in First National Bank Alaska (OTCMKTS:FBAK) Rises By 100.0%

Posted by Casey Walker on Apr 17th, 2025

First National Bank Alaska (OTCMKTS:FBAK – Get Free Report) saw a significant increase in short interest in March. As of March 31st, there was short interest totalling 200 shares, an increase of 100.0% from the March 15th total of 100 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

First National Bank Alaska Price Performance

Shares of FBAK traded up $4.00 during midday trading on Thursday, reaching $235.00. 153 shares of the stock were exchanged, compared to its average volume of 454. First National Bank Alaska has a twelve month low of $190.10 and a twelve month high of $243.98. The company has a market capitalization of $744.25 million, a price-to-earnings ratio of 11.10 and a beta of 0.19. The business’s 50-day moving average price is $232.97 and its 200 day moving average price is $226.03.

First National Bank Alaska (OTCMKTS:FBAK – Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The financial services provider reported $6.29 EPS for the quarter. The firm had revenue of $51.86 million for the quarter.

First National Bank Alaska Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were given a dividend of $4.00 per share. This is an increase from First National Bank Alaska’s previous quarterly dividend of $3.20. This represents a $16.00 annualized dividend and a yield of 6.81%. The ex-dividend date was Friday, February 28th. First National Bank Alaska’s dividend payout ratio (DPR) is presently 75.58%.

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.