First National Bank Alaska (OTCMKTS:FBAK) Sets New 12-Month High - Here's What Happened

Key Points

• First National Bank Alaska has reached a new 52-week high, trading at $280.00 with a total volume of 356 shares on Thursday.
• The bank reported earnings of $5.80 EPS and revenues of $52.52 million in its last quarterly earnings, indicating strong performance.
• With a market cap of $887.60 million, the bank has a low debt-to-equity ratio of 0.03, reflecting a stable financial position.

First National Bank Alaska (OTCMKTS:FBAK - Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as $280.00 and last traded at $280.00, with a volume of 356 shares. The stock had previously closed at $272.50.

First National Bank Alaska Trading Down 1.9%

The company has a market cap of $840.05 million, a PE ratio of 11.34 and a beta of 0.32. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.03. The company has a fifty day simple moving average of $261.94 and a two-hundred day simple moving average of $247.63.

First National Bank Alaska (OTCMKTS:FBAK - Get Free Report) last released its quarterly earnings data on Friday, August 8th. The financial services provider reported $5.80 EPS for the quarter. The business had revenue of $52.52 million during the quarter.

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.