BWFG vs. FRBA
BWFG (Bankwell Financial Group, Inc.) and FRBA (First Bank) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, BWFG returned 12.44%/yr vs 10.59%/yr for FRBA. At a 0.30 correlation, their price movements are largely independent.
Performance
BWFG vs. FRBA - Performance Comparison
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Returns By Period
In the year-to-date period, BWFG achieves a 23.75% return, which is significantly higher than FRBA's 0.69% return. Over the past 10 years, BWFG has outperformed FRBA with an annualized return of 12.44%, while FRBA has yielded a comparatively lower 10.59% annualized return.
BWFG
- 1D
- 0.14%
- 1M
- 8.01%
- YTD
- 23.75%
- 6M
- 17.21%
- 1Y
- 62.74%
- 3Y*
- 35.23%
- 5Y*
- 18.26%
- 10Y*
- 12.44%
FRBA
- 1D
- -1.68%
- 1M
- 5.81%
- YTD
- 0.69%
- 6M
- -3.25%
- 1Y
- 14.49%
- 3Y*
- 18.31%
- 5Y*
- 5.20%
- 10Y*
- 10.59%
BWFG vs. FRBA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BWFG Bankwell Financial Group, Inc. | 23.75% | 50.33% | 7.06% | 5.76% | -8.20% | 71.96% | -29.99% | 2.33% | -15.09% | 6.55% |
FRBA First Bank | 0.69% | 18.84% | -2.59% | 9.07% | -3.61% | 56.47% | -13.84% | -7.82% | -11.70% | 20.15% |
Correlation
The correlation between BWFG and FRBA is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Apr 5, 2010 | 0.30 |
Over the past year, BWFG and FRBA have become more correlated (0.67) than their long-term average of 0.30, meaning their price movements have been converging.
Fundamentals
BWFG:
$438.88M
FRBA:
$413.02M
BWFG:
$5.06
FRBA:
$1.67
BWFG:
11.12
FRBA:
9.82
BWFG:
0.19
FRBA:
1.13
BWFG:
2.11
FRBA:
1.66
BWFG:
1.41
FRBA:
0.92
BWFG:
$208.27M
FRBA:
$248.24M
BWFG:
$84.18M
FRBA:
$135.57M
BWFG:
$42.64M
FRBA:
$57.11M
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Return for Risk
BWFG vs. FRBA — Risk / Return Rank
BWFG
FRBA
BWFG vs. FRBA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bankwell Financial Group, Inc. (BWFG) and First Bank (FRBA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BWFG | FRBA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.89 | ||
| Sortino ratioReturn per unit of downside risk | +2.16 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.12 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 5.08 | 0.77 | +4.31 |
| Martin ratioReturn relative to average drawdown | 13.24 | 1.71 | +11.53 |
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Drawdowns
BWFG vs. FRBA - Drawdown Comparison
The maximum BWFG drawdown since its inception was -64.64%, smaller than the maximum FRBA drawdown of -79.09%. Use the drawdown chart below to compare losses from any high point for BWFG and FRBA.
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Drawdown Indicators
| BWFG | FRBA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.64% | -79.09% | +14.45% |
Max Drawdown (1Y)Largest decline over 1 year | -12.40% | -18.84% | +6.44% |
Max Drawdown (3Y)Largest decline over 3 years | -24.73% | -22.04% | -2.69% |
Max Drawdown (5Y)Largest decline over 5 years | -38.80% | -47.95% | +9.15% |
Max Drawdown (10Y)Largest decline over 10 years | -64.64% | -58.58% | -6.06% |
Current DrawdownCurrent decline from peak | 0.00% | -8.23% | +8.23% |
Average DrawdownAverage peak-to-trough decline | -19.86% | -33.99% | +14.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.75% | 8.49% | -3.74% |
Volatility
BWFG vs. FRBA - Volatility Comparison
Bankwell Financial Group, Inc. (BWFG) and First Bank (FRBA) have volatilities of 6.65% and 6.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BWFG | FRBA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.65% | 6.96% | -0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 19.04% | 18.36% | +0.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.59% | 25.24% | +0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.30% | 28.59% | -0.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.84% | 36.32% | -5.48% |
Dividends
BWFG vs. FRBA - Dividend Comparison
BWFG's dividend yield for the trailing twelve months is around 1.42%, less than FRBA's 1.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BWFG Bankwell Financial Group, Inc. | 1.42% | 1.75% | 3.21% | 2.65% | 2.72% | 1.95% | 2.86% | 1.80% | 1.67% | 0.82% | 0.68% | 0.25% |
FRBA First Bank | 1.83% | 1.46% | 1.71% | 1.63% | 1.74% | 1.03% | 1.28% | 1.09% | 0.99% | 0.58% | 0.00% | 0.00% |
Financials
BWFG vs. FRBA - Financials Comparison
This section allows you to compare key financial metrics between Bankwell Financial Group, Inc. and First Bank. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BWFG vs. FRBA - Profitability Comparison
BWFG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bankwell Financial Group, Inc. reported a gross profit of 0.00 and revenue of 50.54M. Therefore, the gross margin over that period was 0.0%.
FRBA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First Bank reported a gross profit of 30.84M and revenue of 58.24M. Therefore, the gross margin over that period was 53.0%.
BWFG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bankwell Financial Group, Inc. reported an operating income of 0.00 and revenue of 50.54M, resulting in an operating margin of 0.0%.
FRBA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First Bank reported an operating income of 9.90M and revenue of 58.24M, resulting in an operating margin of 17.0%.
BWFG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bankwell Financial Group, Inc. reported a net income of 11.28M and revenue of 50.54M, resulting in a net margin of 22.3%.
FRBA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First Bank reported a net income of 7.65M and revenue of 58.24M, resulting in a net margin of 13.1%.
Frequently Asked Questions
BWFG and FRBA have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FRBA has higher volatility (6.96%) compared to BWFG (6.65%). In terms of maximum drawdown, BWFG dropped -64.64% vs FRBA's -79.09%.
BWFG currently has the higher Sharpe Ratio (2.47 vs 0.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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