First National Bank Alaska (OTCMKTS:FBAK) Posts Quarterly Earnings Results

First National Bank Alaska (OTCMKTS:FBAK) released its quarterly earnings results on Wednesday. The financial services provider reported $7.95 earnings per share for the quarter, Zacks reports. First National Bank Alaska had a net margin of 30.38% and a return on equity of 14.65%.

First National Bank Alaska Stock Performance

First National Bank Alaska stock remained flat at $338.00 during midday trading on Wednesday. The company had a trading volume of 308 shares, compared to its average volume of 268. The firm has a market capitalization of $1.07 billion, a P/E ratio of 12.83 and a beta of 0.27. The stock’s 50-day moving average price is $328.75 and its 200-day moving average price is $321.03. First National Bank Alaska has a twelve month low of $268.10 and a twelve month high of $343.00.

First National Bank Alaska Company Profile

First National Bank Alaska (OTCMKTS:FBAK) is an Alaska-based commercial bank headquartered in Anchorage. Founded in 1922, the bank provides financial services to individuals, businesses, nonprofit organizations and government entities throughout the state.

The bank offers deposit accounts, consumer and mortgage lending, commercial and real estate financing, cash-management services, online and mobile banking, and other traditional banking products. Its business banking activities include credit facilities and treasury services designed to support Alaska companies across a range of industries.

First National Bank Alaska serves customers through a statewide branch network and electronic banking channels.