First National Bank Alaska (OTCMKTS:FBAK) Announces Earnings Results

First National Bank Alaska (OTCMKTS:FBAK – Get Free Report) announced its quarterly earnings results on Wednesday. The financial services provider reported $7.95 earnings per share for the quarter, Zacks reports. First National Bank Alaska had a return on equity of 15.32% and a net margin of 31.24%.

First National Bank Alaska Trading Up 1.1%

Shares of FBAK traded up $3.51 during mid-day trading on Friday, reaching $337.50. The company’s stock had a trading volume of 185 shares, compared to its average volume of 269. First National Bank Alaska has a 1-year low of $268.15 and a 1-year high of $343.00. The business has a 50-day simple moving average of $328.70 and a two-hundred day simple moving average of $321.39. The stock has a market cap of $1.07 billion, a P/E ratio of 12.25 and a beta of 0.27.

First National Bank Alaska Company Profile

(Get Free Report)

First National Bank Alaska (OTCMKTS:FBAK) is an Alaska-based commercial bank headquartered in Anchorage. Founded in 1922, the bank provides financial services to individuals, businesses, nonprofit organizations and government entities throughout the state.

The bank offers deposit accounts, consumer and mortgage lending, commercial and real estate financing, cash-management services, online and mobile banking, and other traditional banking products. Its business banking activities include credit facilities and treasury services designed to support Alaska companies across a range of industries.

First National Bank Alaska serves customers through a statewide branch network and electronic banking channels.

See Also

Earnings History for First National Bank Alaska (OTCMKTS:FBAK)

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