MTB vs. FIBK
MTB (M&T Bank Corporation) and FIBK (First Interstate BancSystem, Inc.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, MTB returned 11.37%/yr vs 7.56%/yr for FIBK. Their 0.65 correlation means they have sometimes moved together and sometimes differently.
Performance
MTB vs. FIBK - Performance Comparison
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Returns By Period
In the year-to-date period, MTB achieves a 23.95% return, which is significantly higher than FIBK's 12.68% return. Over the past 10 years, MTB has outperformed FIBK with an annualized return of 11.37%, while FIBK has yielded a comparatively lower 7.56% annualized return.
MTB
- 1D
- -0.29%
- 1M
- 3.10%
- 6M
- 12.71%
- YTD
- 23.95%
- 1Y
- 37.09%
- 3Y*
- 25.24%
- 5Y*
- 16.71%
- 10Y*
- 11.37%
- ALL TIME*
- 12.29%
FIBK
- 1D
- -1.14%
- 1M
- -2.89%
- 6M
- 9.92%
- YTD
- 12.68%
- 1Y
- 41.52%
- 3Y*
- 17.58%
- 5Y*
- 3.84%
- 10Y*
- 7.56%
- ALL TIME*
- 9.70%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $52.66M | $47.81M | $43.41M | |
| $294.32M | $288.80M | $256.33M |
MTB vs. FIBK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MTB M&T Bank Corporation | 23.95% | 10.89% | 41.66% | -1.68% | -2.94% | 24.28% | -22.16% | 21.65% | -14.58% | 11.35% |
FIBK First Interstate BancSystem, Inc. | 12.68% | 13.46% | 12.94% | -14.79% | -0.78% | 3.58% | 3.20% | 18.20% | -6.22% | -3.52% |
Correlation
The correlation between MTB and FIBK is 0.69, 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. | 0.69 |
Correlation (3Y) Balances recent behavior with more history. | 0.73 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.71 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.71 |
Correlation (All Time) Calculated using the full available price history since Mar 24, 2010 | 0.65 |
The correlation between MTB and FIBK has been stable across timeframes, ranging from 0.65 to 0.73 - a consistent structural relationship.
Fundamentals
MTB:
$35.70B
FIBK:
$3.69B
MTB:
$19.37
FIBK:
$3.24
MTB:
12.71
FIBK:
11.74
MTB:
1.71
FIBK:
3.80
MTB:
3.10
FIBK:
3.99
MTB:
1.38
FIBK:
1.11
MTB:
$12.43B
FIBK:
$953.30M
MTB:
$9.45B
FIBK:
$792.60M
MTB:
$4.36B
FIBK:
$352.50M
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Return for Risk
MTB vs. FIBK — Risk / Return Rank
MTB
FIBK
MTB vs. FIBK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for M&T Bank Corporation (MTB) and First Interstate BancSystem, Inc. (FIBK). 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.
| MTB | FIBK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.26 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 2.36 | -0.33 |
| Martin ratioReturn relative to average drawdown | 5.01 | 6.02 | -1.01 |
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Drawdowns
MTB vs. FIBK - Drawdown Comparison
The maximum MTB drawdown since its inception was -73.50%, which is greater than FIBK's maximum drawdown of -52.45%. Use the drawdown chart below to compare losses from any high point for MTB and FIBK.
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Drawdown Indicators
| MTB | FIBK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.50% | -52.45% | -21.05% |
Max Drawdown (1Y)Largest decline over 1 year | -16.98% | -16.87% | -0.11% |
Max Drawdown (3Y)Largest decline over 3 years | -28.20% | -31.76% | +3.56% |
Max Drawdown (5Y)Largest decline over 5 years | -40.71% | -50.90% | +10.19% |
Max Drawdown (10Y)Largest decline over 10 years | -52.97% | -52.45% | -0.52% |
Current DrawdownCurrent decline from peak | -3.05% | -5.47% | +2.42% |
Average DrawdownAverage peak-to-trough decline | -12.37% | -14.55% | +2.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.89% | 6.61% | +0.28% |
Volatility
MTB vs. FIBK - Volatility Comparison
M&T Bank Corporation (MTB) has a higher volatility of 6.50% compared to First Interstate BancSystem, Inc. (FIBK) at 6.10%. This indicates that MTB's price experiences larger fluctuations and is considered to be riskier than FIBK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTB | FIBK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 6.10% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 16.19% | 18.00% | -1.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.94% | 27.81% | -5.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.07% | 33.39% | -3.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.73% | 32.95% | -0.22% |
Dividends
MTB vs. FIBK - Dividend Comparison
MTB's dividend yield for the trailing twelve months is around 2.44%, less than FIBK's 4.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIBK First Interstate BancSystem, Inc. | 4.94% | 5.43% | 5.79% | 6.11% | 4.40% | 4.03% | 4.91% | 2.96% | 3.06% | 2.40% | 2.07% | 2.75% |
MTB M&T Bank Corporation | 2.44% | 3.24% | 2.85% | 3.79% | 3.31% | 2.93% | 3.46% | 2.42% | 2.48% | 1.75% | 1.79% | 2.31% |
Financials
MTB vs. FIBK - Financials Comparison
This section allows you to compare key financial metrics between M&T Bank Corporation and First Interstate BancSystem, 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
MTB and FIBK have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTB has higher volatility (6.50%) compared to FIBK (6.10%). In terms of maximum drawdown, MTB dropped -73.50% vs FIBK's -52.45%.
MTB currently has the higher Sharpe Ratio (1.58 vs 1.43), 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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