NMIH vs. TBBK
NMIH (NMI Holdings, Inc.) and TBBK (The Bancorp, Inc.) are both stocks. Both are in the Financial Services sector — NMIH in Insurance - Specialty, TBBK in Banks - Regional. Over the past 10 years, NMIH returned 21.87%/yr vs 30.04%/yr for TBBK. Their 0.41 correlation means their historical movements had little consistent relationship.
Performance
NMIH vs. TBBK - Performance Comparison
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Returns By Period
In the year-to-date period, NMIH achieves a 8.61% return, which is significantly higher than TBBK's -0.67% return. Over the past 10 years, NMIH has underperformed TBBK with an annualized return of 21.87%, while TBBK has yielded a comparatively higher 30.04% annualized return.
NMIH
- 1D
- 1.98%
- 1M
- 7.94%
- 6M
- 14.41%
- YTD
- 8.61%
- 1Y
- 19.12%
- 3Y*
- 17.99%
- 5Y*
- 15.01%
- 10Y*
- 21.87%
- ALL TIME*
- 9.47%
TBBK
- 1D
- 3.54%
- 1M
- 4.98%
- 6M
- 12.84%
- YTD
- -0.67%
- 1Y
- 7.33%
- 3Y*
- 20.38%
- 5Y*
- 23.47%
- 10Y*
- 30.04%
- ALL TIME*
- 6.84%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $19.08M | $19.76M | $22.33M | |
| $30.84M | $29.39M | $26.74M |
NMIH vs. TBBK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NMIH NMI Holdings, Inc. | 8.61% | 10.96% | 23.85% | 42.01% | -4.35% | -3.53% | -31.74% | 85.88% | 5.00% | 59.62% |
TBBK The Bancorp, Inc. | -0.67% | 28.29% | 36.49% | 35.87% | 12.13% | 85.42% | 5.24% | 62.94% | -19.43% | 25.70% |
Correlation
The correlation between NMIH and TBBK is 0.40, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.40 |
Correlation (3Y) Balances recent behavior with more history. | 0.47 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.52 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.45 |
Correlation (All Time) Calculated using the full available price history since Nov 8, 2013 | 0.41 |
The correlation between NMIH and TBBK shifts across timeframes, from 0.40 (1 year) to 0.52 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NMIH:
$3.37B
TBBK:
$2.79B
NMIH:
$2.64K
TBBK:
$5.28
NMIH:
0.02
TBBK:
12.70
NMIH:
0.00
TBBK:
0.46
NMIH:
0.01
TBBK:
4.71
NMIH:
0.00
TBBK:
3.97
NMIH:
$371.73B
TBBK:
$625.03M
NMIH:
$319.26M
TBBK:
$395.71M
NMIH:
$276.38B
TBBK:
$230.53M
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Return for Risk
NMIH vs. TBBK — Risk / Return Rank
NMIH
TBBK
NMIH vs. TBBK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NMI Holdings, Inc. (NMIH) and The Bancorp, Inc. (TBBK). 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.
| NMIH | TBBK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.64 | ||
| Sortino ratioReturn per unit of downside risk | +0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.07 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.23 | 0.17 | +1.06 |
| Martin ratioReturn relative to average drawdown | 2.57 | 0.29 | +2.28 |
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Drawdowns
NMIH vs. TBBK - Drawdown Comparison
The maximum NMIH drawdown since its inception was -73.07%, smaller than the maximum TBBK drawdown of -92.68%. Use the drawdown chart below to compare losses from any high point for NMIH and TBBK.
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Drawdown Indicators
| NMIH | TBBK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.07% | -92.68% | +19.61% |
Max Drawdown (1Y)Largest decline over 1 year | -15.28% | -35.92% | +20.64% |
Max Drawdown (3Y)Largest decline over 3 years | -21.42% | -36.28% | +14.86% |
Max Drawdown (5Y)Largest decline over 5 years | -41.78% | -48.94% | +7.16% |
Max Drawdown (10Y)Largest decline over 10 years | -73.07% | -73.77% | +0.70% |
Current DrawdownCurrent decline from peak | -0.09% | -16.52% | +16.43% |
Average DrawdownAverage peak-to-trough decline | -26.55% | -47.37% | +20.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.30% | 21.71% | -14.41% |
Volatility
NMIH vs. TBBK - Volatility Comparison
The current volatility for NMI Holdings, Inc. (NMIH) is 6.68%, while The Bancorp, Inc. (TBBK) has a volatility of 10.81%. This indicates that NMIH experiences smaller price fluctuations and is considered to be less risky than TBBK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NMIH | TBBK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.68% | 10.81% | -4.13% |
Volatility (6M)Calculated over the trailing 6-month period | 17.31% | 31.34% | -14.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.90% | 42.56% | -18.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.57% | 45.74% | -17.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.47% | 50.35% | -9.88% |
Dividends
NMIH vs. TBBK - Dividend Comparison
Neither NMIH nor TBBK has paid dividends to shareholders.
Financials
NMIH vs. TBBK - Financials Comparison
This section allows you to compare key financial metrics between NMI Holdings, Inc. and The Bancorp, 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
NMIH vs. TBBK - Profitability Comparison
NMIH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, NMI Holdings, Inc. reported a gross profit of -162.81M and revenue of 371.18B. Therefore, the gross margin over that period was -0.0%.
TBBK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, The Bancorp, Inc. reported a gross profit of 0.00 and revenue of 73.04M. Therefore, the gross margin over that period was 0.0%.
NMIH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, NMI Holdings, Inc. reported an operating income of -124.94M and revenue of 371.18B, resulting in an operating margin of -0.0%.
TBBK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, The Bancorp, Inc. reported an operating income of 0.00 and revenue of 73.04M, resulting in an operating margin of 0.0%.
NMIH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, NMI Holdings, Inc. reported a net income of 205.02B and revenue of 371.18B, resulting in a net margin of 55.2%.
TBBK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, The Bancorp, Inc. reported a net income of 60.66M and revenue of 73.04M, resulting in a net margin of 83.0%.
Frequently Asked Questions
NMIH and TBBK have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TBBK has higher volatility (10.81%) compared to NMIH (6.68%). In terms of maximum drawdown, NMIH dropped -73.07% vs TBBK's -92.68%.
NMIH currently has the higher Sharpe Ratio (0.79 vs 0.15), 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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