Correlation
The correlation between IBCP and NBN is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
IBCP vs. NBN
Compare and contrast key facts about Independent Bank Corporation (IBCP) and Northeast Bank (NBN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBCP or NBN.
Performance
IBCP vs. NBN - Performance Comparison
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Key characteristics
IBCP:
1.01
NBN:
1.43
IBCP:
1.52
NBN:
1.86
IBCP:
1.18
NBN:
1.23
IBCP:
0.33
NBN:
1.66
IBCP:
2.50
NBN:
3.83
IBCP:
11.56%
NBN:
10.92%
IBCP:
33.85%
NBN:
35.18%
IBCP:
-99.59%
NBN:
-70.47%
IBCP:
-81.56%
NBN:
-23.13%
Fundamentals
IBCP:
$664.31M
NBN:
$730.62M
IBCP:
$3.09
NBN:
$8.76
IBCP:
10.20
NBN:
9.54
IBCP:
2.33
NBN:
0.00
IBCP:
3.03
NBN:
3.96
IBCP:
1.40
NBN:
1.52
IBCP:
$316.88M
NBN:
$250.25M
IBCP:
$241.55M
NBN:
$226.80M
IBCP:
$112.31M
NBN:
$77.60M
Returns By Period
In the year-to-date period, IBCP achieves a -7.41% return, which is significantly higher than NBN's -8.19% return. Over the past 10 years, IBCP has underperformed NBN with an annualized return of 12.71%, while NBN has yielded a comparatively higher 24.09% annualized return.
IBCP
-7.41%
3.07%
-15.00%
33.80%
21.72%
22.98%
12.71%
NBN
-8.19%
-6.43%
-14.45%
49.55%
30.53%
37.59%
24.09%
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Risk-Adjusted Performance
IBCP vs. NBN — Risk-Adjusted Performance Rank
IBCP
NBN
IBCP vs. NBN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Independent Bank Corporation (IBCP) and Northeast Bank (NBN). 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.
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Dividends
IBCP vs. NBN - Dividend Comparison
IBCP's dividend yield for the trailing twelve months is around 3.15%, more than NBN's 0.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBCP Independent Bank Corporation | 3.15% | 2.76% | 3.54% | 3.68% | 3.52% | 4.33% | 3.18% | 2.85% | 1.88% | 1.57% | 1.71% | 1.38% |
NBN Northeast Bank | 0.05% | 0.04% | 0.07% | 0.10% | 0.11% | 0.18% | 0.18% | 0.24% | 0.17% | 0.31% | 0.38% | 1.24% |
Drawdowns
IBCP vs. NBN - Drawdown Comparison
The maximum IBCP drawdown since its inception was -99.59%, which is greater than NBN's maximum drawdown of -70.47%. Use the drawdown chart below to compare losses from any high point for IBCP and NBN.
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Volatility
IBCP vs. NBN - Volatility Comparison
The current volatility for Independent Bank Corporation (IBCP) is 6.82%, while Northeast Bank (NBN) has a volatility of 11.55%. This indicates that IBCP experiences smaller price fluctuations and is considered to be less risky than NBN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
IBCP vs. NBN - Financials Comparison
This section allows you to compare key financial metrics between Independent Bank Corporation and Northeast Bank. 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