HBNC vs. BRBS
HBNC (Horizon Bancorp, Inc.) and BRBS (Blue Ridge Bankshares, Inc.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, HBNC returned 9.80%/yr vs -4.10%/yr for BRBS. At a 0.18 correlation, their price movements are largely independent.
Performance
HBNC vs. BRBS - Performance Comparison
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Returns By Period
In the year-to-date period, HBNC achieves a 18.27% return, which is significantly higher than BRBS's -4.30% return. Over the past 10 years, HBNC has outperformed BRBS with an annualized return of 9.80%, while BRBS has yielded a comparatively lower -4.10% annualized return.
HBNC
- 1D
- 1.39%
- 1M
- 7.31%
- YTD
- 18.27%
- 6M
- 13.52%
- 1Y
- 35.61%
- 3Y*
- 29.37%
- 5Y*
- 6.42%
- 10Y*
- 9.80%
BRBS
- 1D
- 2.94%
- 1M
- 6.71%
- YTD
- -4.30%
- 6M
- -4.96%
- 1Y
- 32.48%
- 3Y*
- -21.88%
- 5Y*
- -23.26%
- 10Y*
- -4.10%
HBNC vs. BRBS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HBNC Horizon Bancorp, Inc. | 18.27% | 9.76% | 18.19% | 0.43% | -25.26% | 35.43% | -12.86% | 23.69% | -13.14% | 1.06% |
BRBS Blue Ridge Bankshares, Inc. | -4.30% | 40.14% | 6.27% | -75.19% | -27.87% | 55.01% | -12.56% | 24.18% | 4.45% | 14.52% |
Correlation
The correlation between HBNC and BRBS is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Aug 10, 2007 | 0.18 |
Over the past year, HBNC and BRBS have become more correlated (0.45) than their long-term average of 0.18, meaning their price movements have been converging.
Fundamentals
HBNC:
$1.01B
BRBS:
$349.15M
HBNC:
-$3.06
BRBS:
$0.12
HBNC:
-$1.82M
BRBS:
$112.19M
HBNC:
-$97.09M
BRBS:
$73.64M
HBNC:
-$218.68M
BRBS:
$15.28M
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Return for Risk
HBNC vs. BRBS — Risk / Return Rank
HBNC
BRBS
HBNC vs. BRBS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Horizon Bancorp, Inc. (HBNC) and Blue Ridge Bankshares, Inc. (BRBS). 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.
| HBNC | BRBS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.22 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.15 | 1.84 | +0.31 |
| Martin ratioReturn relative to average drawdown | 6.23 | 3.70 | +2.53 |
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Drawdowns
HBNC vs. BRBS - Drawdown Comparison
The maximum HBNC drawdown since its inception was -65.21%, smaller than the maximum BRBS drawdown of -88.26%. Use the drawdown chart below to compare losses from any high point for HBNC and BRBS.
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Drawdown Indicators
| HBNC | BRBS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.21% | -88.26% | +23.05% |
Max Drawdown (1Y)Largest decline over 1 year | -16.65% | -17.76% | +1.11% |
Max Drawdown (3Y)Largest decline over 3 years | -29.61% | -77.38% | +47.77% |
Max Drawdown (5Y)Largest decline over 5 years | -65.21% | -88.26% | +23.05% |
Max Drawdown (10Y)Largest decline over 10 years | -65.21% | -88.26% | +23.05% |
Current DrawdownCurrent decline from peak | -0.35% | -75.74% | +75.39% |
Average DrawdownAverage peak-to-trough decline | -17.12% | -50.87% | +33.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.73% | 8.79% | -3.06% |
Volatility
HBNC vs. BRBS - Volatility Comparison
Horizon Bancorp, Inc. (HBNC) has a higher volatility of 6.63% compared to Blue Ridge Bankshares, Inc. (BRBS) at 4.72%. This indicates that HBNC's price experiences larger fluctuations and is considered to be riskier than BRBS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HBNC | BRBS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.63% | 4.72% | +1.91% |
Volatility (6M)Calculated over the trailing 6-month period | 18.61% | 17.33% | +1.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.69% | 28.94% | -1.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.71% | 46.33% | -10.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.90% | 41.84% | -4.94% |
Dividends
HBNC vs. BRBS - Dividend Comparison
HBNC's dividend yield for the trailing twelve months is around 3.25%, less than BRBS's 24.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRBS Blue Ridge Bankshares, Inc. | 24.29% | 5.85% | 0.00% | 8.09% | 3.90% | 2.43% | 2.40% | 2.04% | 3.13% | 1.88% | 2.07% | 2.83% |
HBNC Horizon Bancorp, Inc. | 3.25% | 3.77% | 3.97% | 4.47% | 4.11% | 2.54% | 3.03% | 2.32% | 2.45% | 1.73% | 1.43% | 1.54% |
Financials
HBNC vs. BRBS - Financials Comparison
This section allows you to compare key financial metrics between Horizon Bancorp, Inc. and Blue Ridge Bankshares, 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
Frequently Asked Questions
HBNC and BRBS have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HBNC has higher volatility (6.63%) compared to BRBS (4.72%). In terms of maximum drawdown, HBNC dropped -65.21% vs BRBS's -88.26%.
HBNC currently has the higher Sharpe Ratio (1.30 vs 1.13), 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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