FBP vs. NBN
FBP (First BanCorp.) and NBN (Northeast Bank) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, FBP returned 21.69%/yr vs 27.49%/yr for NBN. At a 0.14 correlation, their price movements are largely independent.
Performance
FBP vs. NBN - Performance Comparison
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Returns By Period
In the year-to-date period, FBP achieves a 17.80% return, which is significantly higher than NBN's 16.66% return. Over the past 10 years, FBP has underperformed NBN with an annualized return of 21.69%, while NBN has yielded a comparatively higher 27.49% annualized return.
FBP
- 1D
- 1.10%
- 1M
- -0.45%
- YTD
- 17.80%
- 6M
- 23.39%
- 1Y
- 24.63%
- 3Y*
- 29.17%
- 5Y*
- 17.45%
- 10Y*
- 21.69%
NBN
- 1D
- -0.36%
- 1M
- -3.09%
- YTD
- 16.66%
- 6M
- 35.55%
- 1Y
- 48.28%
- 3Y*
- 48.87%
- 5Y*
- 32.32%
- 10Y*
- 27.49%
FBP vs. NBN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBP First BanCorp. | 17.80% | 15.48% | 16.91% | 34.81% | -4.71% | 53.12% | -10.36% | 24.84% | 69.19% | -22.84% |
NBN Northeast Bank | 16.66% | 13.35% | 66.31% | 31.21% | 17.95% | 58.86% | 2.63% | 31.69% | -27.59% | 77.10% |
Correlation
The correlation between FBP and NBN 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 (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 1992 | 0.14 |
Over the past year, FBP and NBN have become more correlated (0.64) than their long-term average of 0.14, meaning their price movements have been converging.
Fundamentals
FBP:
$3.75B
NBN:
$1.02B
FBP:
$2.24
NBN:
$11.67
FBP:
10.69
NBN:
10.38
FBP:
0.80
NBN:
1.16
FBP:
3.06
NBN:
2.72
FBP:
1.90
NBN:
1.80
FBP:
$1.25B
NBN:
$375.47M
FBP:
$918.60M
NBN:
$226.92M
FBP:
$441.41M
NBN:
$144.04M
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Return for Risk
FBP vs. NBN — Risk / Return Rank
FBP
NBN
FBP vs. NBN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First BanCorp. (FBP) and Northeast Bank (NBN). 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.
| FBP | NBN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 1.40 | -0.41 |
Sortino ratioReturn per unit of downside risk | 1.48 | 2.01 | -0.53 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.25 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.76 | 1.62 | +0.14 |
Martin ratioReturn relative to average drawdown | 4.25 | 4.17 | +0.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FBP | NBN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 1.40 | -0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.99 | -0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.68 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.27 | -0.15 |
Drawdowns
FBP vs. NBN - Drawdown Comparison
The maximum FBP drawdown since its inception was -99.51%, which is greater than NBN's maximum drawdown of -70.51%. Use the drawdown chart below to compare losses from any high point for FBP and NBN.
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Drawdown Indicators
| FBP | NBN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.51% | -70.51% | -29.00% |
Max Drawdown (1Y)Largest decline over 1 year | -13.83% | -27.57% | +13.74% |
Max Drawdown (3Y)Largest decline over 3 years | -22.87% | -27.57% | +4.70% |
Max Drawdown (5Y)Largest decline over 5 years | -32.38% | -29.30% | -3.08% |
Max Drawdown (10Y)Largest decline over 10 years | -67.82% | -70.25% | +2.43% |
Current DrawdownCurrent decline from peak | -92.92% | -6.17% | -86.75% |
Average DrawdownAverage peak-to-trough decline | -59.89% | -23.74% | -36.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.73% | 10.72% | -4.99% |
Volatility
FBP vs. NBN - Volatility Comparison
The current volatility for First BanCorp. (FBP) is 5.33%, while Northeast Bank (NBN) has a volatility of 8.99%. This indicates that FBP experiences smaller price fluctuations and is considered to be less risky than NBN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBP | NBN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 8.99% | -3.66% |
Volatility (6M)Calculated over the trailing 6-month period | 18.06% | 23.67% | -5.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.01% | 34.83% | -9.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.18% | 32.87% | -0.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.46% | 40.75% | -1.29% |
Dividends
FBP vs. NBN - Dividend Comparison
FBP's dividend yield for the trailing twelve months is around 3.17%, more than NBN's 0.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBP First BanCorp. | 3.17% | 3.47% | 3.44% | 3.40% | 3.62% | 2.25% | 2.17% | 1.32% | 0.35% | 0.00% | 0.00% | 0.00% |
NBN Northeast Bank | 0.03% | 0.04% | 0.04% | 0.07% | 0.10% | 0.11% | 0.18% | 0.18% | 0.24% | 0.17% | 0.31% | 0.38% |
Financials
FBP vs. NBN - Financials Comparison
This section allows you to compare key financial metrics between First BanCorp. and Northeast 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
FBP vs. NBN - Profitability Comparison
FBP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First BanCorp. reported a gross profit of 242.31M and revenue of 318.47M. Therefore, the gross margin over that period was 76.1%.
NBN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Northeast Bank reported a gross profit of 66.84M and revenue of 105.42M. Therefore, the gross margin over that period was 63.4%.
FBP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First BanCorp. reported an operating income of 114.26M and revenue of 318.47M, resulting in an operating margin of 35.9%.
NBN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Northeast Bank reported an operating income of 43.20M and revenue of 105.42M, resulting in an operating margin of 41.0%.
FBP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First BanCorp. reported a net income of 88.78M and revenue of 318.47M, resulting in a net margin of 27.9%.
NBN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Northeast Bank reported a net income of 29.85M and revenue of 105.42M, resulting in a net margin of 28.3%.
Frequently Asked Questions
FBP and NBN 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.
NBN has higher volatility (8.99%) compared to FBP (5.33%). In terms of maximum drawdown, FBP dropped -99.51% vs NBN's -70.51%.
NBN currently has the higher Sharpe Ratio (1.40 vs 0.99), 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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