FRBA vs. BWFG
FRBA (First Bank) and BWFG (Bankwell Financial Group, Inc.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, FRBA returned 10.59%/yr vs 12.44%/yr for BWFG. At a 0.30 correlation, their price movements are largely independent.
Performance
FRBA vs. BWFG - Performance Comparison
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Returns By Period
In the year-to-date period, FRBA achieves a 0.69% return, which is significantly lower than BWFG's 23.75% return. Over the past 10 years, FRBA has underperformed BWFG with an annualized return of 10.59%, while BWFG has yielded a comparatively higher 12.44% annualized return.
FRBA
- 1D
- -1.68%
- 1M
- 5.81%
- YTD
- 0.69%
- 6M
- -3.25%
- 1Y
- 14.49%
- 3Y*
- 18.31%
- 5Y*
- 5.20%
- 10Y*
- 10.59%
BWFG
- 1D
- 0.14%
- 1M
- 8.01%
- YTD
- 23.75%
- 6M
- 17.21%
- 1Y
- 62.74%
- 3Y*
- 35.23%
- 5Y*
- 18.26%
- 10Y*
- 12.44%
FRBA vs. BWFG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRBA First Bank | 0.69% | 18.84% | -2.59% | 9.07% | -3.61% | 56.47% | -13.84% | -7.82% | -11.70% | 20.15% |
BWFG Bankwell Financial Group, Inc. | 23.75% | 50.33% | 7.06% | 5.76% | -8.20% | 71.96% | -29.99% | 2.33% | -15.09% | 6.55% |
Correlation
The correlation between FRBA and BWFG is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Apr 5, 2010 | 0.30 |
Over the past year, FRBA and BWFG have become more correlated (0.67) than their long-term average of 0.30, meaning their price movements have been converging.
Fundamentals
FRBA:
$413.02M
BWFG:
$438.88M
FRBA:
$1.67
BWFG:
$5.06
FRBA:
9.82
BWFG:
11.12
FRBA:
1.13
BWFG:
0.19
FRBA:
1.66
BWFG:
2.11
FRBA:
0.92
BWFG:
1.41
FRBA:
$248.24M
BWFG:
$208.27M
FRBA:
$135.57M
BWFG:
$84.18M
FRBA:
$57.11M
BWFG:
$42.64M
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Return for Risk
FRBA vs. BWFG — Risk / Return Rank
FRBA
BWFG
FRBA vs. BWFG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Bank (FRBA) and Bankwell Financial Group, Inc. (BWFG). 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.
| FRBA | BWFG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.89 | ||
| Sortino ratioReturn per unit of downside risk | -2.16 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.40 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.77 | 5.08 | -4.31 |
| Martin ratioReturn relative to average drawdown | 1.71 | 13.24 | -11.53 |
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Drawdowns
FRBA vs. BWFG - Drawdown Comparison
The maximum FRBA drawdown since its inception was -79.09%, which is greater than BWFG's maximum drawdown of -64.64%. Use the drawdown chart below to compare losses from any high point for FRBA and BWFG.
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Drawdown Indicators
| FRBA | BWFG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.09% | -64.64% | -14.45% |
Max Drawdown (1Y)Largest decline over 1 year | -18.84% | -12.40% | -6.44% |
Max Drawdown (3Y)Largest decline over 3 years | -22.04% | -24.73% | +2.69% |
Max Drawdown (5Y)Largest decline over 5 years | -47.95% | -38.80% | -9.15% |
Max Drawdown (10Y)Largest decline over 10 years | -58.58% | -64.64% | +6.06% |
Current DrawdownCurrent decline from peak | -8.23% | 0.00% | -8.23% |
Average DrawdownAverage peak-to-trough decline | -33.99% | -19.86% | -14.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.49% | 4.75% | +3.74% |
Volatility
FRBA vs. BWFG - Volatility Comparison
First Bank (FRBA) and Bankwell Financial Group, Inc. (BWFG) have volatilities of 6.96% and 6.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRBA | BWFG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.96% | 6.65% | +0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 18.36% | 19.04% | -0.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.24% | 25.59% | -0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.59% | 28.30% | +0.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.32% | 30.84% | +5.48% |
Dividends
FRBA vs. BWFG - Dividend Comparison
FRBA's dividend yield for the trailing twelve months is around 1.83%, more than BWFG's 1.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BWFG Bankwell Financial Group, Inc. | 1.42% | 1.75% | 3.21% | 2.65% | 2.72% | 1.95% | 2.86% | 1.80% | 1.67% | 0.82% | 0.68% | 0.25% |
FRBA First Bank | 1.83% | 1.46% | 1.71% | 1.63% | 1.74% | 1.03% | 1.28% | 1.09% | 0.99% | 0.58% | 0.00% | 0.00% |
Financials
FRBA vs. BWFG - Financials Comparison
This section allows you to compare key financial metrics between First Bank and Bankwell Financial Group, 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
FRBA vs. BWFG - Profitability Comparison
FRBA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First Bank reported a gross profit of 30.84M and revenue of 58.24M. Therefore, the gross margin over that period was 53.0%.
BWFG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bankwell Financial Group, Inc. reported a gross profit of 0.00 and revenue of 50.54M. Therefore, the gross margin over that period was 0.0%.
FRBA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First Bank reported an operating income of 9.90M and revenue of 58.24M, resulting in an operating margin of 17.0%.
BWFG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bankwell Financial Group, Inc. reported an operating income of 0.00 and revenue of 50.54M, resulting in an operating margin of 0.0%.
FRBA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First Bank reported a net income of 7.65M and revenue of 58.24M, resulting in a net margin of 13.1%.
BWFG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bankwell Financial Group, Inc. reported a net income of 11.28M and revenue of 50.54M, resulting in a net margin of 22.3%.
Frequently Asked Questions
FRBA and BWFG have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FRBA has higher volatility (6.96%) compared to BWFG (6.65%). In terms of maximum drawdown, FRBA dropped -79.09% vs BWFG's -64.64%.
BWFG currently has the higher Sharpe Ratio (2.47 vs 0.58), 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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