First National Bank Alaska (OTCMKTS:FBAK) Shares Cross Above 50 Day Moving Average – Here’s Why

First National Bank Alaska (OTCMKTS:FBAK)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $278.28 and traded as high as $290.00. First National Bank Alaska shares last traded at $285.00, with a volume of 85 shares.

First National Bank Alaska Stock Down 1.5%

The business’s fifty day moving average price is $278.28 and its 200 day moving average price is $269.53. The firm has a market capitalization of $903.45 million, a PE ratio of 11.66 and a beta of 0.17.

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

First National Bank Alaska Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, December 15th. Shareholders of record on Tuesday, December 2nd will be paid a dividend of $4.00 per share. This represents a dividend yield of 561.0%. The ex-dividend date of this dividend is Monday, December 1st. First National Bank Alaska’s dividend payout ratio is currently 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.