CBU vs. AMSF
CBU (Community Bank System, Inc.) and AMSF (AMERISAFE, Inc.) are both stocks. Both are in the Financial Services sector — CBU in Banks - Regional, AMSF in Insurance - Specialty. Over the past 10 years, CBU returned 6.96%/yr vs 0.18%/yr for AMSF. Their 0.46 correlation means their historical movements had little consistent relationship.
Performance
CBU vs. AMSF - Performance Comparison
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Returns By Period
In the year-to-date period, CBU achieves a 14.58% return, which is significantly higher than AMSF's -22.44% return. Over the past 10 years, CBU has outperformed AMSF with an annualized return of 6.96%, while AMSF has yielded a comparatively lower 0.18% annualized return.
CBU
- 1D
- -0.41%
- 1M
- -4.14%
- 6M
- 5.30%
- YTD
- 14.58%
- 1Y
- 29.91%
- 3Y*
- 9.16%
- 5Y*
- 1.16%
- 10Y*
- 6.96%
- ALL TIME*
- 11.34%
AMSF
- 1D
- -1.06%
- 1M
- -17.00%
- 6M
- -20.79%
- YTD
- -22.44%
- 1Y
- -28.66%
- 3Y*
- -10.91%
- 5Y*
- -4.73%
- 10Y*
- 0.18%
- ALL TIME*
- 10.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AMSF AMERISAFE, Inc. | $8.22M | $7.20M | $7.60M |
| $17.77M | $18.31M | $19.95M |
CBU vs. AMSF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CBU Community Bank System, Inc. | 14.58% | -3.84% | 22.61% | -14.17% | -13.16% | 22.28% | -9.59% | 24.69% | 11.06% | -10.90% |
AMSF AMERISAFE, Inc. | -22.44% | -20.78% | 19.62% | -0.86% | 6.13% | 2.00% | -6.09% | 24.48% | -6.63% | 0.16% |
Correlation
The correlation between CBU and AMSF is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.41 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.47 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.50 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2005 | 0.46 |
The correlation between CBU and AMSF shifts across timeframes, from 0.35 (1 year) to 0.50 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
CBU:
$3.41B
AMSF:
$543.16M
CBU:
$4.31
AMSF:
$2.48
CBU:
15.05
AMSF:
11.70
CBU:
3.28
AMSF:
1.64
CBU:
1.65
AMSF:
0.48
CBU:
$1.05B
AMSF:
$335.64M
CBU:
$838.44M
AMSF:
$86.71M
CBU:
$325.89M
AMSF:
$58.93M
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Return for Risk
CBU vs. AMSF — Risk / Return Rank
CBU
AMSF
CBU vs. AMSF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Community Bank System, Inc. (CBU) and AMERISAFE, Inc. (AMSF). 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.
| CBU | AMSF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.17 | ||
| Sortino ratioReturn per unit of downside risk | +3.09 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.82 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | -0.90 | +2.58 |
| Martin ratioReturn relative to average drawdown | 4.21 | -1.49 | +5.70 |
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Drawdowns
CBU vs. AMSF - Drawdown Comparison
The maximum CBU drawdown since its inception was -61.07%, which is greater than AMSF's maximum drawdown of -43.69%. Use the drawdown chart below to compare losses from any high point for CBU and AMSF.
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Drawdown Indicators
| CBU | AMSF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.07% | -43.69% | -17.38% |
Max Drawdown (1Y)Largest decline over 1 year | -16.03% | -34.06% | +18.03% |
Max Drawdown (3Y)Largest decline over 3 years | -30.61% | -43.69% | +13.08% |
Max Drawdown (5Y)Largest decline over 5 years | -49.07% | -43.69% | -5.38% |
Max Drawdown (10Y)Largest decline over 10 years | -51.04% | -43.69% | -7.35% |
Current DrawdownCurrent decline from peak | -8.71% | -43.69% | +34.98% |
Average DrawdownAverage peak-to-trough decline | -14.53% | -12.51% | -2.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.40% | 20.41% | -14.01% |
Volatility
CBU vs. AMSF - Volatility Comparison
The current volatility for Community Bank System, Inc. (CBU) is 7.00%, while AMERISAFE, Inc. (AMSF) has a volatility of 12.28%. This indicates that CBU experiences smaller price fluctuations and is considered to be less risky than AMSF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBU | AMSF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.00% | 12.28% | -5.28% |
Volatility (6M)Calculated over the trailing 6-month period | 16.01% | 25.25% | -9.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.63% | 28.53% | -3.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.56% | 25.38% | +4.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.07% | 27.20% | +2.87% |
Dividends
CBU vs. AMSF - Dividend Comparison
CBU's dividend yield for the trailing twelve months is around 2.90%, less than AMSF's 8.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMSF AMERISAFE, Inc. | 8.95% | 6.66% | 8.69% | 10.39% | 10.08% | 9.59% | 7.97% | 6.82% | 1.55% | 1.30% | 6.37% | 7.07% |
CBU Community Bank System, Inc. | 2.90% | 3.24% | 2.95% | 3.42% | 2.76% | 2.28% | 2.66% | 2.23% | 2.47% | 2.46% | 2.04% | 3.05% |
Financials
CBU vs. AMSF - Financials Comparison
This section allows you to compare key financial metrics between Community Bank System, Inc. and AMERISAFE, Inc.. 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
CBU vs. AMSF - Profitability Comparison
CBU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Community Bank System, Inc. reported a gross profit of 218.55M and revenue of 268.36M. Therefore, the gross margin over that period was 81.4%.
AMSF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, AMERISAFE, Inc. reported a gross profit of -33.65M and revenue of 91.97M. Therefore, the gross margin over that period was -36.6%.
CBU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Community Bank System, Inc. reported an operating income of 80.82M and revenue of 268.36M, resulting in an operating margin of 30.1%.
AMSF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, AMERISAFE, Inc. reported an operating income of -10.16M and revenue of 91.97M, resulting in an operating margin of -11.1%.
CBU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Community Bank System, Inc. reported a net income of 61.33M and revenue of 268.36M, resulting in a net margin of 22.9%.
AMSF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, AMERISAFE, Inc. reported a net income of 14.60M and revenue of 91.97M, resulting in a net margin of 15.9%.
Frequently Asked Questions
CBU and AMSF have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMSF has higher volatility (12.28%) compared to CBU (7.00%). In terms of maximum drawdown, CBU dropped -61.07% vs AMSF's -43.69%.
CBU currently has the higher Sharpe Ratio (1.10 vs -1.07), 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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