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

First National Bank Alaska (OTCMKTS:FBAK) issued its earnings results on Wednesday. The financial services provider reported $7.95 earnings per share for the quarter, Zacks reports. First National Bank Alaska had a return on equity of 14.65% and a net margin of 30.38%.

First National Bank Alaska Stock Performance

FBAK traded down $0.99 on Thursday, reaching $337.01. 57 shares of the company’s stock were exchanged, compared to its average volume of 268. The company has a market cap of $1.07 billion, a price-to-earnings ratio of 12.79 and a beta of 0.27. First National Bank Alaska has a twelve month low of $268.15 and a twelve month high of $343.00. The company’s 50 day moving average is $328.76 and its 200-day moving average is $321.23.

About First National Bank Alaska

First National Bank Alaska (OTCMKTS:FBAK) is an Alaska-based commercial bank headquartered in Anchorage. Founded in 1922, the bank provides financial services to individuals, businesses, nonprofit organizations and government entities throughout the state.

The bank offers deposit accounts, consumer and mortgage lending, commercial and real estate financing, cash-management services, online and mobile banking, and other traditional banking products. Its business banking activities include credit facilities and treasury services designed to support Alaska companies across a range of industries.

First National Bank Alaska serves customers through a statewide branch network and electronic banking channels.