First National Bank Alaska (OTCMKTS:FBAK) Hits New 1-Year High – Time to Buy?

Shares of First National Bank Alaska (OTCMKTS:FBAK) hit a new 52-week high on Friday . The company traded as high as $343.00 and last traded at $338.0530, with a volume of 748 shares changing hands. The stock had previously closed at $335.00.

First National Bank Alaska Trading Up 0.9%

The company has a market cap of $1.07 billion, a price-to-earnings ratio of 13.23 and a beta of 0.25. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.67 and a quick ratio of 0.66. The business’s 50-day simple moving average is $317.03 and its 200-day simple moving average is $304.74.

First National Bank Alaska (OTCMKTS:FBAK) last released its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $6.68 EPS for the quarter. First National Bank Alaska had a net margin of 30.01% and a return on equity of 14.23%.

About First National Bank Alaska

First National Bank Alaska is a community‐oriented financial institution headquartered in Anchorage, Alaska. Established in 1922, the bank has grown to serve individuals, businesses and institutions across Alaska through a network of branch offices and digital channels. As an OTC‐traded company, it offers broad commercial and consumer banking services tailored to the unique economic and geographic needs of the state.

The bank’s consumer banking operations include checking and savings accounts, personal loans, mortgages and online banking solutions.