First National Bank Alaska (OTCMKTS:FBAK) Sees Unusually-High Trading Volume – What’s Next?

First National Bank Alaska (OTCMKTS:FBAK) shares saw unusually-high trading volume on Friday . Approximately 1,095 shares were traded during mid-day trading, an increase of 265% from the previous session’s volume of 300 shares.The stock last traded at $292.00 and had previously closed at $299.75.

First National Bank Alaska Trading Down 2.6%

The company has a market cap of $925.64 million, a price-to-earnings ratio of 11.95 and a beta of 0.18. The business’s 50 day moving average price is $286.98 and its 200-day moving average price is $273.71.

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

First National Bank Alaska Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, December 15th. Investors of record on Tuesday, December 2nd were given a dividend of $4.00 per share. This represents a yield of 561.0%. The ex-dividend date of this dividend was Monday, December 1st. First National Bank Alaska’s dividend payout ratio (DPR) is currently 65.47%.

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.