First National Bank Alaska (OTCMKTS:FBAK) Short Interest Down 54.1% in May

First National Bank Alaska (OTCMKTS:FBAK) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 62 shares, a decrease of 54.1% from the May 14th total of 135 shares. Based on an average daily trading volume, of 456 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

First National Bank Alaska Stock Up 1.7%

Shares of OTCMKTS:FBAK traded up $5.24 during trading on Friday, hitting $319.99. The company’s stock had a trading volume of 374 shares, compared to its average volume of 261. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.66 and a current ratio of 0.67. First National Bank Alaska has a fifty-two week low of $242.00 and a fifty-two week high of $343.00. The stock’s 50-day moving average price is $326.51 and its two-hundred day moving average price is $310.39. The company has a market capitalization of $1.01 billion, a PE ratio of 12.52 and a beta of 0.25.

First National Bank Alaska (OTCMKTS:FBAK) last announced its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $6.68 earnings per share (EPS) for the quarter. First National Bank Alaska had a return on equity of 14.23% and a net margin of 30.01%.

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.