FIBK vs. MTB
FIBK (First Interstate BancSystem, Inc.) and MTB (M&T Bank Corporation) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, FIBK returned 8.02%/yr vs 10.44%/yr for MTB. A 0.65 correlation means they provide meaningful diversification when combined.
Performance
FIBK vs. MTB - Performance Comparison
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Returns By Period
In the year-to-date period, FIBK achieves a 8.80% return, which is significantly lower than MTB's 14.61% return. Over the past 10 years, FIBK has underperformed MTB with an annualized return of 8.02%, while MTB has yielded a comparatively higher 10.44% annualized return.
FIBK
- 1D
- 0.77%
- 1M
- 3.44%
- YTD
- 8.80%
- 6M
- 4.36%
- 1Y
- 47.21%
- 3Y*
- 23.82%
- 5Y*
- 2.63%
- 10Y*
- 8.02%
MTB
- 1D
- 1.16%
- 1M
- 7.57%
- YTD
- 14.61%
- 6M
- 11.65%
- 1Y
- 26.71%
- 3Y*
- 29.55%
- 5Y*
- 12.82%
- 10Y*
- 10.44%
FIBK vs. MTB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIBK First Interstate BancSystem, Inc. | 8.80% | 13.46% | 12.94% | -14.79% | -0.78% | 3.58% | 3.20% | 18.20% | -6.22% | -3.52% |
MTB M&T Bank Corporation | 14.61% | 10.89% | 41.66% | -1.68% | -2.94% | 24.28% | -22.16% | 21.65% | -14.58% | 11.35% |
Correlation
The correlation between FIBK and MTB is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Mar 24, 2010 | 0.65 |
The correlation between FIBK and MTB has been stable across timeframes, ranging from 0.65 to 0.74 - a consistent structural relationship.
Fundamentals
FIBK:
$3.64B
MTB:
$35.65B
FIBK:
$3.07
MTB:
$18.62
FIBK:
11.97
MTB:
12.23
FIBK:
3.87
MTB:
1.65
FIBK:
3.63
MTB:
2.90
FIBK:
1.08
MTB:
1.27
FIBK:
$1.03B
MTB:
$12.36B
FIBK:
$805.00M
MTB:
$9.31B
FIBK:
$351.10M
MTB:
$3.93B
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Return for Risk
FIBK vs. MTB — Risk / Return Rank
FIBK
MTB
FIBK vs. MTB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Interstate BancSystem, Inc. (FIBK) and M&T Bank Corporation (MTB). 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.
| FIBK | MTB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.21 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.81 | 1.58 | +1.23 |
| Martin ratioReturn relative to average drawdown | 7.03 | 3.71 | +3.31 |
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Drawdowns
FIBK vs. MTB - Drawdown Comparison
The maximum FIBK drawdown since its inception was -52.45%, smaller than the maximum MTB drawdown of -73.50%. Use the drawdown chart below to compare losses from any high point for FIBK and MTB.
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Drawdown Indicators
| FIBK | MTB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.45% | -73.50% | +21.05% |
Max Drawdown (1Y)Largest decline over 1 year | -16.87% | -16.98% | +0.11% |
Max Drawdown (3Y)Largest decline over 3 years | -31.76% | -28.20% | -3.56% |
Max Drawdown (5Y)Largest decline over 5 years | -50.90% | -40.71% | -10.19% |
Max Drawdown (10Y)Largest decline over 10 years | -52.45% | -52.97% | +0.52% |
Current DrawdownCurrent decline from peak | -3.48% | -2.98% | -0.50% |
Average DrawdownAverage peak-to-trough decline | -14.63% | -12.41% | -2.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.74% | 7.21% | -0.47% |
Volatility
FIBK vs. MTB - Volatility Comparison
First Interstate BancSystem, Inc. (FIBK) has a higher volatility of 7.66% compared to M&T Bank Corporation (MTB) at 6.61%. This indicates that FIBK's price experiences larger fluctuations and is considered to be riskier than MTB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIBK | MTB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.66% | 6.61% | +1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 19.09% | 16.08% | +3.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.86% | 21.80% | +7.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.44% | 30.27% | +3.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.02% | 32.86% | +0.16% |
Dividends
FIBK vs. MTB - Dividend Comparison
FIBK's dividend yield for the trailing twelve months is around 5.12%, more than MTB's 2.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIBK First Interstate BancSystem, Inc. | 5.12% | 5.43% | 5.79% | 6.11% | 4.40% | 4.03% | 4.91% | 2.96% | 3.06% | 2.40% | 2.07% | 2.75% |
MTB M&T Bank Corporation | 2.63% | 3.24% | 2.85% | 3.79% | 3.31% | 2.93% | 3.46% | 2.42% | 2.48% | 1.75% | 1.79% | 2.31% |
Financials
FIBK vs. MTB - Financials Comparison
This section allows you to compare key financial metrics between First Interstate BancSystem, Inc. and M&T Bank Corporation. 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
Frequently Asked Questions
FIBK and MTB have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FIBK has higher volatility (7.66%) compared to MTB (6.61%). In terms of maximum drawdown, FIBK dropped -52.45% vs MTB's -73.50%.
FIBK currently has the higher Sharpe Ratio (1.65 vs 1.23), 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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