FRAF vs. MTB
FRAF (Franklin Financial Services Corporation) 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, FRAF returned 13.41%/yr vs 9.45%/yr for MTB. At a 0.12 correlation, their price movements are largely independent.
Performance
FRAF vs. MTB - Performance Comparison
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Returns By Period
In the year-to-date period, FRAF achieves a 17.06% return, which is significantly higher than MTB's 11.59% return. Over the past 10 years, FRAF has outperformed MTB with an annualized return of 13.41%, while MTB has yielded a comparatively lower 9.45% annualized return.
FRAF
- 1D
- 3.61%
- 1M
- 0.89%
- YTD
- 17.06%
- 6M
- 8.86%
- 1Y
- 61.50%
- 3Y*
- 34.94%
- 5Y*
- 18.33%
- 10Y*
- 13.41%
MTB
- 1D
- 3.60%
- 1M
- 3.62%
- YTD
- 11.59%
- 6M
- 14.96%
- 1Y
- 26.94%
- 3Y*
- 26.18%
- 5Y*
- 10.11%
- 10Y*
- 9.45%
FRAF vs. MTB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRAF Franklin Financial Services Corporation | 17.06% | 73.48% | -1.39% | -8.79% | 13.49% | 27.52% | -27.09% | 26.80% | -13.12% | 34.41% |
MTB M&T Bank Corporation | 11.59% | 10.89% | 41.66% | -1.68% | -2.94% | 24.28% | -22.16% | 21.65% | -14.58% | 11.35% |
Correlation
The correlation between FRAF and MTB is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2001 | 0.12 |
Over the past year, FRAF and MTB have become more correlated (0.37) than their long-term average of 0.12, meaning their price movements have been converging.
Fundamentals
FRAF:
$7.13
MTB:
$18.62
FRAF:
8.13
MTB:
11.91
FRAF:
0.86
MTB:
1.60
FRAF:
1.51
MTB:
2.82
FRAF:
$129.01M
MTB:
$12.36B
FRAF:
$65.84M
MTB:
$9.31B
FRAF:
$23.07M
MTB:
$3.93B
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Return for Risk
FRAF vs. MTB — Risk / Return Rank
FRAF
MTB
FRAF vs. MTB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Financial Services Corporation (FRAF) 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.
| FRAF | MTB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.22 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.80 | 1.59 | +2.20 |
| Martin ratioReturn relative to average drawdown | 9.40 | 3.76 | +5.64 |
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
| FRAF | MTB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.03 | 1.23 | +0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | 0.33 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.29 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.41 | -0.07 |
Drawdowns
FRAF vs. MTB - Drawdown Comparison
The maximum FRAF drawdown since its inception was -51.21%, smaller than the maximum MTB drawdown of -73.50%. Use the drawdown chart below to compare losses from any high point for FRAF and MTB.
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Drawdown Indicators
| FRAF | MTB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.21% | -73.50% | +22.29% |
Max Drawdown (1Y)Largest decline over 1 year | -16.28% | -16.98% | +0.70% |
Max Drawdown (3Y)Largest decline over 3 years | -25.52% | -28.20% | +2.68% |
Max Drawdown (5Y)Largest decline over 5 years | -31.03% | -40.71% | +9.68% |
Max Drawdown (10Y)Largest decline over 10 years | -44.32% | -52.97% | +8.65% |
Current DrawdownCurrent decline from peak | -1.49% | -5.54% | +4.05% |
Average DrawdownAverage peak-to-trough decline | -16.03% | -12.41% | -3.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.62% | 7.18% | -0.56% |
Volatility
FRAF vs. MTB - Volatility Comparison
Franklin Financial Services Corporation (FRAF) has a higher volatility of 9.08% compared to M&T Bank Corporation (MTB) at 6.87%. This indicates that FRAF'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
| FRAF | MTB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.08% | 6.87% | +2.21% |
Volatility (6M)Calculated over the trailing 6-month period | 24.84% | 16.12% | +8.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.55% | 22.00% | +8.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.94% | 30.40% | -6.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.38% | 32.84% | -3.46% |
Dividends
FRAF vs. MTB - Dividend Comparison
FRAF's dividend yield for the trailing twelve months is around 2.29%, less than MTB's 2.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRAF Franklin Financial Services Corporation | 2.29% | 2.61% | 4.28% | 4.06% | 3.55% | 3.78% | 4.44% | 3.02% | 3.33% | 2.49% | 2.87% | 3.15% |
MTB M&T Bank Corporation | 2.71% | 3.24% | 2.85% | 3.79% | 3.31% | 2.93% | 3.46% | 2.42% | 2.48% | 1.75% | 1.79% | 2.31% |
Financials
FRAF vs. MTB - Financials Comparison
This section allows you to compare key financial metrics between Franklin Financial Services Corporation 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
FRAF vs. MTB - Profitability Comparison
FRAF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Franklin Financial Services Corporation reported a gross profit of 0.00 and revenue of 27.77M. Therefore, the gross margin over that period was 0.0%.
MTB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, M&T Bank Corporation reported a gross profit of 2.30B and revenue of 3.23B. Therefore, the gross margin over that period was 71.4%.
FRAF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Franklin Financial Services Corporation reported an operating income of 0.00 and revenue of 27.77M, resulting in an operating margin of 0.0%.
MTB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, M&T Bank Corporation reported an operating income of 863.00M and revenue of 3.23B, resulting in an operating margin of 26.8%.
FRAF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Franklin Financial Services Corporation reported a net income of 6.64M and revenue of 27.77M, resulting in a net margin of 23.9%.
MTB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, M&T Bank Corporation reported a net income of 664.00M and revenue of 3.23B, resulting in a net margin of 20.6%.
Frequently Asked Questions
FRAF and MTB have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FRAF has higher volatility (9.08%) compared to MTB (6.87%). In terms of maximum drawdown, FRAF dropped -51.21% vs MTB's -73.50%.
FRAF currently has the higher Sharpe Ratio (2.03 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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