First National Bank Alaska (OTCMKTS:FBAK) Shares Gap Down – What’s Next?

First National Bank Alaska (OTCMKTS:FBAK)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $307.74, but opened at $291.01. First National Bank Alaska shares last traded at $291.01, with a volume of 2 shares changing hands.

First National Bank Alaska Stock Performance

The firm has a market capitalization of $915.26 million, a PE ratio of 11.82 and a beta of 0.17. The stock has a fifty day moving average price of $277.34 and a 200-day moving average price of $268.59.

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

First National Bank Alaska Announces Dividend

The company also recently disclosed a dividend, which will be paid on Monday, December 15th. Stockholders of record on Tuesday, December 2nd will be given a $4.00 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a dividend yield of 561.0%. First National Bank Alaska’s payout ratio is presently 65.47%.

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.