MTB vs. FRAF
MTB (M&T Bank Corporation) and FRAF (Franklin Financial Services Corporation) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, MTB returned 9.39%/yr vs 13.09%/yr for FRAF. At a 0.12 correlation, their price movements are largely independent.
Performance
MTB vs. FRAF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MTB achieves a 9.36% return, which is significantly lower than FRAF's 14.36% return. Over the past 10 years, MTB has underperformed FRAF with an annualized return of 9.39%, while FRAF has yielded a comparatively higher 13.09% annualized return.
MTB
- 1D
- 2.68%
- 1M
- 1.09%
- YTD
- 9.36%
- 6M
- 15.37%
- 1Y
- 24.28%
- 3Y*
- 24.16%
- 5Y*
- 9.43%
- 10Y*
- 9.39%
FRAF
- 1D
- -0.62%
- 1M
- -0.83%
- YTD
- 14.36%
- 6M
- 9.50%
- 1Y
- 53.42%
- 3Y*
- 33.77%
- 5Y*
- 17.59%
- 10Y*
- 13.09%
MTB vs. FRAF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MTB M&T Bank Corporation | 9.36% | 10.89% | 41.66% | -1.68% | -2.94% | 24.28% | -22.16% | 21.65% | -14.58% | 11.35% |
FRAF Franklin Financial Services Corporation | 14.36% | 73.48% | -1.39% | -8.79% | 13.49% | 27.52% | -27.09% | 26.80% | -13.12% | 34.41% |
Correlation
The correlation between MTB and FRAF is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2001 | 0.12 |
Over the past year, MTB and FRAF have become more correlated (0.36) than their long-term average of 0.12, meaning their price movements have been converging.
Fundamentals
MTB:
$18.62
FRAF:
$7.13
MTB:
11.67
FRAF:
7.94
MTB:
1.57
FRAF:
0.84
MTB:
2.77
FRAF:
1.47
MTB:
$12.36B
FRAF:
$129.01M
MTB:
$9.31B
FRAF:
$65.84M
MTB:
$3.93B
FRAF:
$23.07M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MTB vs. FRAF — Risk / Return Rank
MTB
FRAF
MTB vs. FRAF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for M&T Bank Corporation (MTB) and Franklin Financial Services Corporation (FRAF). 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.
| MTB | FRAF | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.12 | 1.77 | -0.65 |
Sortino ratioReturn per unit of downside risk | 1.63 | 2.42 | -0.79 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.31 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.38 | 3.18 | -1.80 |
Martin ratioReturn relative to average drawdown | 3.28 | 7.64 | -4.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MTB | FRAF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.12 | 1.77 | -0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.74 | -0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.45 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.34 | +0.07 |
Drawdowns
MTB vs. FRAF - Drawdown Comparison
The maximum MTB drawdown since its inception was -73.50%, which is greater than FRAF's maximum drawdown of -51.21%. Use the drawdown chart below to compare losses from any high point for MTB and FRAF.
Loading charts...
Drawdown Indicators
| MTB | FRAF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.50% | -51.21% | -22.29% |
Max Drawdown (1Y)Largest decline over 1 year | -16.98% | -16.28% | -0.70% |
Max Drawdown (3Y)Largest decline over 3 years | -28.20% | -25.52% | -2.68% |
Max Drawdown (5Y)Largest decline over 5 years | -40.71% | -31.03% | -9.68% |
Max Drawdown (10Y)Largest decline over 10 years | -52.97% | -44.32% | -8.65% |
Current DrawdownCurrent decline from peak | -7.43% | -3.76% | -3.67% |
Average DrawdownAverage peak-to-trough decline | -12.42% | -16.03% | +3.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.15% | 6.79% | +0.36% |
Volatility
MTB vs. FRAF - Volatility Comparison
The current volatility for M&T Bank Corporation (MTB) is 5.82%, while Franklin Financial Services Corporation (FRAF) has a volatility of 8.79%. This indicates that MTB experiences smaller price fluctuations and is considered to be less risky than FRAF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MTB | FRAF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.82% | 8.79% | -2.97% |
Volatility (6M)Calculated over the trailing 6-month period | 15.69% | 24.62% | -8.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.72% | 30.36% | -8.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.36% | 23.88% | +6.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.83% | 29.37% | +3.46% |
Dividends
MTB vs. FRAF - Dividend Comparison
MTB's dividend yield for the trailing twelve months is around 2.76%, more than FRAF's 2.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRAF Franklin Financial Services Corporation | 2.35% | 2.61% | 4.28% | 4.06% | 3.55% | 3.78% | 4.44% | 3.02% | 3.33% | 2.49% | 2.87% | 3.15% |
MTB M&T Bank Corporation | 2.76% | 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. FRAF - Financials Comparison
This section allows you to compare key financial metrics between M&T Bank Corporation and Franklin Financial Services Corporation. 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
MTB vs. FRAF - Profitability Comparison
MTB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, M&T Bank Corporation reported a gross profit of 2.30B and revenue of 3.23B. Therefore, the gross margin over that period was 71.4%.
FRAF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Franklin Financial Services Corporation reported a gross profit of 0.00 and revenue of 27.77M. Therefore, the gross margin over that period was 0.0%.
MTB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, M&T Bank Corporation reported an operating income of 863.00M and revenue of 3.23B, resulting in an operating margin of 26.8%.
FRAF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Franklin Financial Services Corporation reported an operating income of 0.00 and revenue of 27.77M, resulting in an operating margin of 0.0%.
MTB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, M&T Bank Corporation reported a net income of 664.00M and revenue of 3.23B, resulting in a net margin of 20.6%.
FRAF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Franklin Financial Services Corporation reported a net income of 6.64M and revenue of 27.77M, resulting in a net margin of 23.9%.
Frequently Asked Questions
MTB and FRAF have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FRAF has higher volatility (8.79%) compared to MTB (5.82%). In terms of maximum drawdown, MTB dropped -73.50% vs FRAF's -51.21%.
FRAF currently has the higher Sharpe Ratio (1.77 vs 1.12), 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.
Find the right allocation for MTB and FRAF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer