FSBW vs. FCNCA
FSBW (FS Bancorp, Inc.) and FCNCA (First Citizens BancShares, Inc.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, FSBW returned 15.34%/yr vs 24.76%/yr for FCNCA. At a 0.32 correlation, their price movements are largely independent.
Performance
FSBW vs. FCNCA - Performance Comparison
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Returns By Period
In the year-to-date period, FSBW achieves a 5.92% return, which is significantly higher than FCNCA's -1.14% return. Over the past 10 years, FSBW has underperformed FCNCA with an annualized return of 15.34%, while FCNCA has yielded a comparatively higher 24.76% annualized return.
FSBW
- 1D
- 1.58%
- 1M
- 4.90%
- YTD
- 5.92%
- 6M
- 3.43%
- 1Y
- 13.31%
- 3Y*
- 16.31%
- 5Y*
- 6.87%
- 10Y*
- 15.34%
FCNCA
- 1D
- 0.29%
- 1M
- 6.42%
- YTD
- -1.14%
- 6M
- -2.81%
- 1Y
- 11.41%
- 3Y*
- 21.02%
- 5Y*
- 19.98%
- 10Y*
- 24.76%
FSBW vs. FCNCA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSBW FS Bancorp, Inc. | 5.92% | 3.75% | 14.30% | 14.11% | 2.42% | 24.78% | -12.42% | 50.66% | -20.65% | 53.26% |
FCNCA First Citizens BancShares, Inc. | -1.14% | 1.99% | 49.46% | 87.73% | -8.35% | 44.83% | 8.35% | 41.64% | -6.12% | 13.92% |
Correlation
The correlation between FSBW and FCNCA is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2012 | 0.32 |
The correlation between FSBW and FCNCA shifts across timeframes, from 0.32 (all time) to 0.47 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
FSBW:
$5.75
FCNCA:
$179.22
FSBW:
7.48
FCNCA:
11.81
FSBW:
15.39
FCNCA:
0.05
FSBW:
1.15
FCNCA:
1.85
FSBW:
$215.48M
FCNCA:
$14.45B
FSBW:
$110.78M
FCNCA:
$9.08B
FSBW:
$43.16M
FCNCA:
$3.47B
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Return for Risk
FSBW vs. FCNCA — Risk / Return Rank
FSBW
FCNCA
FSBW vs. FCNCA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FS Bancorp, Inc. (FSBW) and First Citizens BancShares, Inc. (FCNCA). 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.
| FSBW | FCNCA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.10 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.89 | 0.48 | +0.41 |
| Martin ratioReturn relative to average drawdown | 2.04 | 1.02 | +1.02 |
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Drawdowns
FSBW vs. FCNCA - Drawdown Comparison
The maximum FSBW drawdown since its inception was -53.96%, smaller than the maximum FCNCA drawdown of -63.51%. Use the drawdown chart below to compare losses from any high point for FSBW and FCNCA.
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Drawdown Indicators
| FSBW | FCNCA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.96% | -63.51% | +9.55% |
Max Drawdown (1Y)Largest decline over 1 year | -15.02% | -24.00% | +8.98% |
Max Drawdown (3Y)Largest decline over 3 years | -26.09% | -33.51% | +7.42% |
Max Drawdown (5Y)Largest decline over 5 years | -28.66% | -43.63% | +14.97% |
Max Drawdown (10Y)Largest decline over 10 years | -53.96% | -47.48% | -6.48% |
Current DrawdownCurrent decline from peak | -7.58% | -9.38% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -10.53% | -13.95% | +3.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.53% | 11.17% | -4.64% |
Volatility
FSBW vs. FCNCA - Volatility Comparison
FS Bancorp, Inc. (FSBW) has a higher volatility of 8.30% compared to First Citizens BancShares, Inc. (FCNCA) at 7.41%. This indicates that FSBW's price experiences larger fluctuations and is considered to be riskier than FCNCA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSBW | FCNCA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.30% | 7.41% | +0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 19.20% | 20.06% | -0.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.17% | 27.59% | +0.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.39% | 41.57% | -12.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.74% | 38.00% | -4.26% |
Dividends
FSBW vs. FCNCA - Dividend Comparison
FSBW's dividend yield for the trailing twelve months is around 3.16%, more than FCNCA's 0.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNCA First Citizens BancShares, Inc. | 0.39% | 0.37% | 0.33% | 0.27% | 0.28% | 0.23% | 0.29% | 0.30% | 0.38% | 0.31% | 0.34% | 0.46% |
FSBW FS Bancorp, Inc. | 3.16% | 3.25% | 2.58% | 2.71% | 2.69% | 1.65% | 1.53% | 1.02% | 1.24% | 0.79% | 1.03% | 1.04% |
Financials
FSBW vs. FCNCA - Financials Comparison
This section allows you to compare key financial metrics between FS Bancorp, Inc. and First Citizens BancShares, 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
FSBW vs. FCNCA - Profitability Comparison
FSBW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, FS Bancorp, Inc. reported a gross profit of 0.00 and revenue of 49.33M. Therefore, the gross margin over that period was 0.0%.
FCNCA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First Citizens BancShares, Inc. reported a gross profit of 2.31B and revenue of 3.48B. Therefore, the gross margin over that period was 66.5%.
FSBW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, FS Bancorp, Inc. reported an operating income of 0.00 and revenue of 49.33M, resulting in an operating margin of 0.0%.
FCNCA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First Citizens BancShares, Inc. reported an operating income of 705.00M and revenue of 3.48B, resulting in an operating margin of 20.3%.
FSBW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, FS Bancorp, Inc. reported a net income of 7.83M and revenue of 49.33M, resulting in a net margin of 15.9%.
FCNCA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First Citizens BancShares, Inc. reported a net income of 534.00M and revenue of 3.48B, resulting in a net margin of 15.4%.
Frequently Asked Questions
FSBW and FCNCA have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSBW has higher volatility (8.30%) compared to FCNCA (7.41%). In terms of maximum drawdown, FSBW dropped -53.96% vs FCNCA's -63.51%.
FSBW currently has the higher Sharpe Ratio (0.48 vs 0.42), 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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