First National Bank Alaska (OTCMKTS:FBAK) Sets New 52-Week High – Should You Buy?

First National Bank Alaska (OTCMKTS:FBAK) reached a new 52-week high during trading on Wednesday . The stock traded as high as $225.00 and last traded at $222.00, with a volume of 1172 shares trading hands. The stock had previously closed at $216.00.

First National Bank Alaska Trading Up 2.8 %

The business has a fifty day simple moving average of $205.52 and a two-hundred day simple moving average of $200.49. The company has a market cap of $703.74 million, a PE ratio of 11.48 and a beta of 0.33.

First National Bank Alaska (OTCMKTS:FBAK) last posted its quarterly earnings results on Tuesday, August 6th. The financial services provider reported $4.94 earnings per share for the quarter. The business had revenue of $47.64 million during the quarter.

First National Bank Alaska Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Sunday, December 1st will be paid a $3.20 dividend. This represents a $12.80 dividend on an annualized basis and a yield of 5.77%. The ex-dividend date is Friday, November 29th. First National Bank Alaska’s dividend payout ratio (DPR) is 66.22%.

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.