First National Bank Alaska (OTCMKTS:FBAK) Hits New 12-Month High - Should You Buy?

Shares of First National Bank Alaska (OTCMKTS:FBAK - Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as $250.00 and last traded at $248.72, with a volume of 258 shares trading hands. The stock had previously closed at $249.00.

First National Bank Alaska Trading Up 0.4%

The stock has a 50 day simple moving average of $237.54 and a 200-day simple moving average of $231.46. The firm has a market capitalization of $794.92 million, a P/E ratio of 11.86 and a beta of 0.27.

First National Bank Alaska (OTCMKTS:FBAK - Get Free Report) last released its earnings results on Wednesday, February 19th. The financial services provider reported $6.29 earnings per share for the quarter. The company had revenue of $51.86 million for the quarter.

First National Bank Alaska Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Sunday, June 1st will be issued a $4.00 dividend. This represents a $16.00 dividend on an annualized basis and a dividend yield of 6.37%. First National Bank Alaska's dividend payout ratio (DPR) is presently 71.08%.

About First National Bank Alaska

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.