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

First National Bank Alaska (OTCMKTS:FBAK) issued its quarterly earnings data on Tuesday. The financial services provider reported $6.75 earnings per share for the quarter, Zacks reports.

First National Bank Alaska Stock Performance

Shares of FBAK opened at $279.74 on Wednesday. The firm has a market cap of $885.94 million, a PE ratio of 11.97 and a beta of 0.21. The firm’s 50 day moving average price is $271.50 and its 200 day moving average price is $263.00. First National Bank Alaska has a twelve month low of $207.00 and a twelve month high of $280.00.

First National Bank Alaska Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 15th. Investors of record on Monday, September 1st were given a dividend of $4.00 per share. The ex-dividend date of this dividend was Friday, August 29th. This is a boost from First National Bank Alaska’s previous dividend of $3.20. This represents a yield of 575.0%. First National Bank Alaska’s payout ratio is 68.46%.

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.