First National Bank Alaska (OTCMKTS:FBAK) Sets New 12-Month High – Time to Buy?

First National Bank Alaska (OTCMKTS:FBAK) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $280.00 and last traded at $279.4950, with a volume of 318 shares changing hands. The stock had previously closed at $277.01.

First National Bank Alaska Stock Up 0.9%

The firm has a market capitalization of $885.16 million, a PE ratio of 11.96 and a beta of 0.19. The stock’s fifty day simple moving average is $272.96 and its 200 day simple moving average is $265.34.

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 (EPS) for the quarter. The business had revenue of $56.17 million for the quarter.

First National Bank Alaska Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 15th. Stockholders of record on Monday, September 1st were paid a $4.00 dividend. This represents a dividend yield of 575.0%. This is an increase from First National Bank Alaska’s previous dividend of $3.20. The ex-dividend date of this dividend was Friday, August 29th. First National Bank Alaska’s dividend payout ratio is 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.