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

First National Bank Alaska (OTCMKTS:FBAK) posted its quarterly earnings data on Tuesday. The financial services provider reported $6.33 earnings per share for the quarter, Zacks reports. First National Bank Alaska had a net margin of 29.11% and a return on equity of 14.98%. The company had revenue of $58.36 million during the quarter.

First National Bank Alaska Trading Up 0.2%

First National Bank Alaska stock traded up $0.66 during mid-day trading on Wednesday, hitting $307.90. The company’s stock had a trading volume of 61 shares, compared to its average volume of 336. First National Bank Alaska has a twelve month low of $218.00 and a twelve month high of $309.94. The stock’s fifty day moving average price is $298.77 and its two-hundred day moving average price is $280.64.

First National Bank Alaska Announces Dividend

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

First National Bank Alaska Company Profile

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.