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

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

First National Bank Alaska Trading Down 0.0%

The firm has a market capitalization of $836.53 million, a PE ratio of 11.72 and a beta of 0.29. The company's 50-day moving average price is $257.21 and its 200-day moving average price is $240.31. 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 Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Sunday, June 15th. Investors of record on Sunday, June 1st were given a $4.00 dividend. This represents a $16.00 dividend on an annualized basis and a yield of 6.06%. 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.

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.