MSBI vs. NBN
MSBI (Midland States Bancorp, Inc.) and NBN (Northeast Bank) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, MSBI returned 8.91%/yr vs 27.55%/yr for NBN. Their 0.47 correlation means their historical movements had little consistent relationship.
Performance
MSBI vs. NBN - Performance Comparison
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Returns By Period
In the year-to-date period, MSBI achieves a 63.20% return, which is significantly higher than NBN's 19.49% return. Over the past 10 years, MSBI has underperformed NBN with an annualized return of 8.91%, while NBN has yielded a comparatively higher 27.55% annualized return.
MSBI
- 1D
- 1.17%
- 1M
- 10.94%
- 6M
- 51.20%
- YTD
- 63.20%
- 1Y
- 117.13%
- 3Y*
- 19.54%
- 5Y*
- 12.28%
- 10Y*
- 8.91%
- ALL TIME*
- 9.01%
NBN
- 1D
- 1.03%
- 1M
- -7.67%
- 6M
- 7.78%
- YTD
- 19.49%
- 1Y
- 33.57%
- 3Y*
- 37.75%
- 5Y*
- 31.32%
- 10Y*
- 27.55%
- ALL TIME*
- 10.61%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.11M | $6.00M | $5.16M | |
| $17.90M | $16.83M | $17.61M |
MSBI vs. NBN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSBI Midland States Bancorp, Inc. | 63.20% | -6.86% | -6.74% | 9.14% | 12.00% | 45.14% | -34.34% | 34.56% | -29.20% | -7.99% |
NBN Northeast Bank | 19.49% | 13.35% | 66.31% | 31.21% | 17.95% | 58.86% | 2.63% | 31.69% | -27.59% | 77.10% |
Correlation
The correlation between MSBI and NBN is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.66 |
Correlation (3Y) Balances recent behavior with more history. | 0.64 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.56 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.47 |
Correlation (All Time) Calculated using the full available price history since May 24, 2016 | 0.47 |
The correlation between MSBI and NBN shifts across timeframes, from 0.47 (all time) to 0.66 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
MSBI:
$697.97M
NBN:
$1.03B
MSBI:
$2.00
NBN:
$12.74
MSBI:
16.85
NBN:
9.75
MSBI:
0.33
NBN:
0.39
MSBI:
1.64
NBN:
2.74
MSBI:
1.25
NBN:
1.74
MSBI:
$442.94M
NBN:
$381.72M
MSBI:
$283.15M
NBN:
$233.61M
MSBI:
$66.51M
NBN:
$149.54M
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Return for Risk
MSBI vs. NBN — Risk / Return Rank
MSBI
NBN
MSBI vs. NBN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Midland States Bancorp, Inc. (MSBI) 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.
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.
| MSBI | NBN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.61 | ||
| Sortino ratioReturn per unit of downside risk | +2.95 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.15 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 5.20 | 0.92 | +4.28 |
| Martin ratioReturn relative to average drawdown | 16.68 | 2.35 | +14.34 |
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Drawdowns
MSBI vs. NBN - Drawdown Comparison
The maximum MSBI drawdown since its inception was -61.18%, smaller than the maximum NBN drawdown of -70.51%. Use the drawdown chart below to compare losses from any high point for MSBI and NBN.
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Drawdown Indicators
| MSBI | NBN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.18% | -70.51% | +9.33% |
Max Drawdown (1Y)Largest decline over 1 year | -21.59% | -27.57% | +5.98% |
Max Drawdown (3Y)Largest decline over 3 years | -44.34% | -27.57% | -16.77% |
Max Drawdown (5Y)Largest decline over 5 years | -44.34% | -29.30% | -15.04% |
Max Drawdown (10Y)Largest decline over 10 years | -61.18% | -70.25% | +9.07% |
Current DrawdownCurrent decline from peak | -1.26% | -9.70% | +8.44% |
Average DrawdownAverage peak-to-trough decline | -19.14% | -23.66% | +4.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.72% | 10.80% | -4.08% |
Volatility
MSBI vs. NBN - Volatility Comparison
The current volatility for Midland States Bancorp, Inc. (MSBI) is 9.19%, while Northeast Bank (NBN) has a volatility of 10.99%. This indicates that MSBI 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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Volatility by Period
| MSBI | NBN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.19% | 10.99% | -1.80% |
Volatility (6M)Calculated over the trailing 6-month period | 20.27% | 22.04% | -1.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.72% | 35.05% | -1.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.45% | 33.15% | -0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.68% | 40.86% | -6.18% |
Dividends
MSBI vs. NBN - Dividend Comparison
MSBI's dividend yield for the trailing twelve months is around 3.80%, more than NBN's 0.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSBI Midland States Bancorp, Inc. | 3.80% | 5.95% | 5.08% | 4.35% | 4.36% | 4.52% | 5.99% | 3.35% | 3.94% | 2.46% | 1.00% | 0.00% |
NBN Northeast Bank | 0.03% | 0.04% | 0.04% | 0.07% | 0.10% | 0.11% | 0.18% | 0.18% | 0.24% | 0.17% | 0.31% | 0.38% |
Financials
MSBI vs. NBN - Financials Comparison
This section allows you to compare key financial metrics between Midland States Bancorp, Inc. 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
MSBI vs. NBN - Profitability Comparison
MSBI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Midland States Bancorp, Inc. reported a gross profit of 76.54M and revenue of 111.95M. Therefore, the gross margin over that period was 68.4%.
NBN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Northeast Bank reported a gross profit of 65.92M and revenue of 104.71M. Therefore, the gross margin over that period was 63.0%.
MSBI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Midland States Bancorp, Inc. reported an operating income of 25.78M and revenue of 111.95M, resulting in an operating margin of 23.0%.
NBN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Northeast Bank reported an operating income of 42.45M and revenue of 104.71M, resulting in an operating margin of 40.5%.
MSBI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Midland States Bancorp, Inc. reported a net income of 19.89M and revenue of 111.95M, resulting in a net margin of 17.8%.
NBN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Northeast Bank reported a net income of 34.34M and revenue of 104.71M, resulting in a net margin of 32.8%.
Frequently Asked Questions
MSBI and NBN have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NBN has higher volatility (10.99%) compared to MSBI (9.19%). In terms of maximum drawdown, MSBI dropped -61.18% vs NBN's -70.51%.
MSBI currently has the higher Sharpe Ratio (3.34 vs 0.72), 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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