First National Bank Alaska (OTCMKTS:FBAK) Hits New 52-Week High - Here's Why

First National Bank Alaska (OTCMKTS:FBAK - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $264.00 and last traded at $263.00, with a volume of 2820 shares changing hands. The stock had previously closed at $257.50.

First National Bank Alaska Price Performance

The company's 50 day moving average price is $243.26 and its 200 day moving average price is $234.73. The firm has a market cap of $851.92 million, a PE ratio of 12.71 and a beta of 0.27.

First National Bank Alaska Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 15th. Shareholders of record on Sunday, June 1st will be given a $4.00 dividend. This represents a $16.00 annualized dividend and a yield of 5.95%. First National Bank Alaska's dividend payout ratio is presently 71.08%.

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.