First National Bank Alaska (OTCMKTS:FBAK) Shares Gap Down - Here's What Happened

Shares of First National Bank Alaska (OTCMKTS:FBAK - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $258.00, but opened at $252.01. First National Bank Alaska shares last traded at $252.01, with a volume of 4 shares changing hands.

First National Bank Alaska Trading Up 1.9%

The stock has a market cap of $833.71 million, a PE ratio of 11.68 and a beta of 0.29. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.66 and a current ratio of 0.66. The company's 50-day moving average price is $255.05 and its 200 day moving average price is $239.17.

First National Bank Alaska Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Sunday, June 15th. Investors of record on Sunday, June 1st were issued a $4.00 dividend. This represents a $16.00 annualized dividend and a yield of 6.08%. First National Bank Alaska's dividend payout ratio (DPR) 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.