First National Bank Alaska (OTCMKTS:FBAK) Sets New 52-Week High - Should You Buy?

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) reached a new 52-week high during trading on Thursday . The stock traded as high as $280.00 and last traded at $280.00, with a volume of 356 shares traded. The stock had previously closed at $272.50.

First National Bank Alaska Price Performance

The firm has a market cap of $887.60 million, a PE ratio of 11.98 and a beta of 0.32. The firm has a fifty day simple moving average of $260.94 and a two-hundred day simple moving average of $246.26. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.66 and a current ratio of 0.66.

First National Bank Alaska (OTCMKTS:FBAK - Get Free Report) last posted its quarterly earnings results on Friday, August 8th. The financial services provider reported $5.80 EPS for the quarter. The company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.