First National Bank Alaska (OTCMKTS:FBAK) Reaches New 12-Month High – Here’s What Happened

First National Bank Alaska (OTCMKTS:FBAK)’s share price hit a new 52-week high on Tuesday . The company traded as high as $250.00 and last traded at $248.72, with a volume of 258 shares. The stock had previously closed at $249.00.

First National Bank Alaska Price Performance

The company has a market capitalization of $790.96 million, a P/E ratio of 11.80 and a beta of 0.27. The stock’s fifty day simple moving average is $237.17 and its 200-day simple moving average is $231.18.

First National Bank Alaska (OTCMKTS:FBAK) last issued its earnings results on Wednesday, February 19th. The financial services provider reported $6.29 earnings per share for the quarter. The business had revenue of $51.86 million for the quarter.

First National Bank Alaska Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Sunday, June 1st will be issued a dividend of $4.00 per share. This represents a $16.00 annualized dividend and a dividend yield of 6.41%. First National Bank Alaska’s payout ratio is 71.08%.

First National Bank Alaska Company Profile

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.