FBMS vs. AX

Last updated Jun 4, 2026

FBMS (The First Bancshares, Inc.) and AX (Axos Financial, Inc.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. A 0.64 correlation means they provide meaningful diversification when combined.

Performance

FBMS vs. AX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The First Bancshares, Inc. (FBMS) and Axos Financial, Inc. (AX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FBMS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AX

• 1D: -3.57%
• 1M: -3.05%
• YTD: -1.79%
• 6M: 0.70%
• 1Y: 19.54%
• 3Y*: 26.97%
• 5Y*: 12.15%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FBMS vs. AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FBMS The First Bancshares, Inc.	0.00%	-2.76%	23.60%	-5.37%	-15.21%	26.97%	-11.48%	18.56%	-22.15%
AX Axos Financial, Inc.	-1.79%	23.35%	27.93%	42.86%	-31.64%	48.97%	23.94%	20.25%	-27.25%

Correlation

The correlation between FBMS and AX is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (All Time) Calculated using the full available price history since Oct 2, 2018	0.64

The correlation between FBMS and AX has been stable across timeframes, ranging from 0.57 to 0.64 - a consistent structural relationship.

Fundamentals

Total Revenue (TTM) FBMS : $412.55M AX : $479.42M
Gross Profit (TTM) FBMS : $203.18M AX : $302.17M
EBITDA (TTM) FBMS : $108.17M AX : $826.17M

Return for Risk

FBMS vs. AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AX

AX Risk / Return Rank: 58
AX Sharpe Ratio Rank: 61
AX Sortino Ratio Rank: 53
AX Omega Ratio Rank: 55
AX Calmar Ratio Rank: 61
AX Martin Ratio Rank: 60

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FBMS vs. AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The First Bancshares, Inc. (FBMS) and Axos Financial, Inc. (AX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FBMS	AX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.61	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.28	—

Drawdowns

Drawdown Indicators

	FBMS	AX	Difference
Max Drawdown Largest peak-to-trough decline	—	-59.57%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-19.04%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-34.92%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.31%	—
Current Drawdown Current decline from peak	—	-16.23%	—
Average Drawdown Average peak-to-trough decline	—	-20.57%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.24%	—

Volatility

Volatility by Period

	FBMS	AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	24.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	32.35%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	40.82%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	44.22%	—

Dividends

FBMS vs. AX - Dividend Comparison

Neither FBMS nor AX has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AX Axos Financial, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FBMS The First Bancshares, Inc.	0.00%	0.74%	2.86%	3.07%	2.31%	1.50%	1.36%	0.87%	0.66%	0.44%	0.55%	0.82%

Financials

Frequently Asked Questions

Can I hold both FBMS and AX in my portfolio?

FBMS and AX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.