NBN vs. BANC

Last updated Jun 3, 2026

NBN (Northeast Bank) and BANC (Banc of California, Inc.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, NBN returned 27.49%/yr vs 1.90%/yr for BANC. At a 0.23 correlation, their price movements are largely independent.

Performance

NBN vs. BANC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northeast Bank (NBN) and Banc of California, Inc. (BANC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NBN achieves a 16.66% return, which is significantly higher than BANC's -0.27% return. Over the past 10 years, NBN has outperformed BANC with an annualized return of 27.49%, while BANC has yielded a comparatively lower 1.90% annualized return.

NBN

• 1D: -0.36%
• 1M: -3.09%
• YTD: 16.66%
• 6M: 35.55%
• 1Y: 48.28%
• 3Y*: 48.87%
• 5Y*: 32.32%
• 10Y*: 27.49%

BANC

• 1D: 1.49%
• 1M: 2.80%
• YTD: -0.27%
• 6M: 3.34%
• 1Y: 43.87%
• 3Y*: 21.13%
• 5Y*: 3.55%
• 10Y*: 1.90%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NBN vs. BANC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NBN Northeast Bank	16.66%	13.35%	66.31%	31.21%	17.95%	58.86%	2.63%	31.69%	-27.59%	77.10%
BANC Banc of California, Inc.	-0.27%	28.05%	18.32%	-13.04%	-17.67%	35.08%	-12.57%	31.81%	-33.68%	22.05%

Correlation

The correlation between NBN and BANC is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since Oct 2, 2002	0.23

Over the past year, NBN and BANC have become more correlated (0.64) than their long-term average of 0.23, meaning their price movements have been converging.

Fundamentals

EPS NBN : $11.67 BANC : $2.07
PE Ratio NBN : 10.38 BANC : 9.22
PEG Ratio NBN : 1.16 BANC : 0.02
PS Ratio NBN : 2.72 BANC : 1.37
Total Revenue (TTM) NBN : $375.47M BANC : $1.66B
Gross Profit (TTM) NBN : $226.92M BANC : $809.06M
EBITDA (TTM) NBN : $144.04M BANC : $298.02M

Return for Risk

NBN vs. BANC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NBN

NBN Risk / Return Rank: 74
NBN Sharpe Ratio Rank: 79
NBN Sortino Ratio Rank: 75
NBN Omega Ratio Rank: 73
NBN Calmar Ratio Rank: 70
NBN Martin Ratio Rank: 72

BANC

BANC Risk / Return Rank: 77
BANC Sharpe Ratio Rank: 81
BANC Sortino Ratio Rank: 74
BANC Omega Ratio Rank: 76
BANC Calmar Ratio Rank: 75
BANC Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NBN vs. BANC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Northeast Bank (NBN) and Banc of California, Inc. (BANC). 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.

	NBN	BANC	Difference
Sharpe ratio Return per unit of total volatility	1.40	1.49	-0.10
Sortino ratio Return per unit of downside risk	2.01	1.99	+0.03
Omega ratio Gain probability vs. loss probability	1.25	1.27	-0.02
Calmar ratio Return relative to maximum drawdown	1.62	2.09	-0.47
Martin ratio Return relative to average drawdown	4.17	5.57	-1.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NBN vs. BANC - Sharpe Ratio Comparison

The current NBN Sharpe Ratio is 1.40, which is comparable to the BANC Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of NBN and BANC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NBN	BANC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	1.49	-0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.99	0.10	+0.89
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.04	+0.63
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.10	+0.17

Drawdowns

NBN vs. BANC - Drawdown Comparison

The maximum NBN drawdown since its inception was -70.51%, smaller than the maximum BANC drawdown of -82.29%. Use the drawdown chart below to compare losses from any high point for NBN and BANC.

Drawdown Indicators

	NBN	BANC	Difference
Max Drawdown Largest peak-to-trough decline	-70.51%	-82.29%	+11.78%
Max Drawdown (1Y) Largest decline over 1 year	-27.57%	-20.47%	-7.10%
Max Drawdown (3Y) Largest decline over 3 years	-27.57%	-31.21%	+3.64%
Max Drawdown (5Y) Largest decline over 5 years	-29.30%	-53.31%	+24.01%
Max Drawdown (10Y) Largest decline over 10 years	-70.25%	-69.79%	-0.46%
Current Drawdown Current decline from peak	-6.17%	-8.83%	+2.66%
Average Drawdown Average peak-to-trough decline	-23.74%	-29.87%	+6.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.72%	7.68%	+3.04%

Volatility

NBN vs. BANC - Volatility Comparison

Northeast Bank (NBN) has a higher volatility of 8.99% compared to Banc of California, Inc. (BANC) at 6.66%. This indicates that NBN's price experiences larger fluctuations and is considered to be riskier than BANC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NBN	BANC	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.99%	6.66%	+2.33%
Volatility (6M) Calculated over the trailing 6-month period	23.67%	19.29%	+4.38%
Volatility (1Y) Calculated over the trailing 1-year period	34.83%	29.50%	+5.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.87%	36.38%	-3.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.75%	43.21%	-2.46%

Dividends

NBN vs. BANC - Dividend Comparison

NBN's dividend yield for the trailing twelve months is around 0.03%, less than BANC's 2.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BANC Banc of California, Inc.	2.20%	2.07%	2.59%	2.98%	1.51%	1.22%	1.63%	1.80%	3.91%	2.52%	2.82%	3.28%
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

NBN vs. BANC - Profitability Comparison

The chart below illustrates the profitability comparison between Northeast Bank and Banc of California, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NBN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Northeast Bank reported a gross profit of 66.84M and revenue of 105.42M. Therefore, the gross margin over that period was 63.4%.

BANC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Banc of California, Inc. reported a gross profit of 0.00 and revenue of 286.95M. Therefore, the gross margin over that period was 0.0%.

NBN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Northeast Bank reported an operating income of 43.20M and revenue of 105.42M, resulting in an operating margin of 41.0%.

BANC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Banc of California, Inc. reported an operating income of 0.00 and revenue of 286.95M, resulting in an operating margin of 0.0%.

NBN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Northeast Bank reported a net income of 29.85M and revenue of 105.42M, resulting in a net margin of 28.3%.

BANC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Banc of California, Inc. reported a net income of 71.95M and revenue of 286.95M, resulting in a net margin of 25.1%.

Frequently Asked Questions

Can I hold both NBN and BANC in my portfolio?

NBN and BANC have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NBN or BANC?

NBN has higher volatility (8.99%) compared to BANC (6.66%). In terms of maximum drawdown, NBN dropped -70.51% vs BANC's -82.29%.

Which has better risk-adjusted returns?

BANC currently has the higher Sharpe Ratio (1.49 vs 1.40), 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.