First National Bank Alaska (OTCMKTS:FBAK) Plans Dividend of $4.00

First National Bank Alaska (OTCMKTS:FBAK) announced a dividend on Saturday, August 23rd, investing.com reports. Shareholders of record on Monday, September 1st will be paid a dividend of 4.00 per share by the financial services provider on Monday, September 15th. This represents a yield of 575.0%. The ex-dividend date is Friday, August 29th. This is a 25.0% increase from First National Bank Alaska’s previous dividend of $3.20.

First National Bank Alaska Trading Up 2.2%

Shares of OTCMKTS FBAK opened at $276.75 on Monday. First National Bank Alaska has a one year low of $196.51 and a one year high of $280.00. The firm has a market capitalization of $877.30 million, a PE ratio of 11.84 and a beta of 0.32. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.03. The business has a 50-day moving average price of $262.87 and a two-hundred day moving average price of $248.70.

First National Bank Alaska (OTCMKTS:FBAK) last announced its quarterly earnings data on Friday, August 8th. The financial services provider reported $5.80 EPS for the quarter. The business had revenue of $52.52 million for the quarter.

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.