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First National Bank Alaska (OTCMKTS:FBAK) Trading Down 4.9% - Should You Sell?

First National Bank Alaska logo with Finance background

First National Bank Alaska (OTCMKTS:FBAK - Get Free Report) traded down 4.9% during mid-day trading on Friday . The stock traded as low as $251.00 and last traded at $251.10. 94 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 413 shares. The stock had previously closed at $264.00.

First National Bank Alaska Trading Down 0.0%

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 firm has a fifty day moving average of $257.81 and a 200-day moving average of $240.85. The stock has a market capitalization of $836.40 million, a price-to-earnings ratio of 11.72 and a beta of 0.29.

First National Bank Alaska Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Sunday, June 15th. Stockholders of record on Sunday, June 1st were given a dividend of $4.00 per share. This represents a $16.00 annualized dividend and a dividend yield of 6.06%. First National Bank Alaska's payout ratio is 71.08%.

First National Bank Alaska Company Profile

(Get Free Report)

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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