First National Bank Alaska (OTCMKTS:FBAK) Share Price Passes Above 50-Day Moving Average - Here's Why

First National Bank Alaska (OTCMKTS:FBAK - Get Free Report)'s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $236.50 and traded as high as $250.00. First National Bank Alaska shares last traded at $248.72, with a volume of 258 shares.

First National Bank Alaska Price Performance

The business has a fifty day simple moving average of $236.50 and a two-hundred day simple moving average of $230.93. The company has a market cap of $787.68 million, a PE ratio of 11.75 and a beta of 0.27.

First National Bank Alaska (OTCMKTS:FBAK - Get Free Report) last announced its quarterly 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 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Sunday, June 1st will be issued a dividend of $4.00 per share. This represents a $16.00 dividend on an annualized basis and a dividend yield of 6.43%. First National Bank Alaska's dividend payout ratio is currently 75.58%.

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.

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