SBCF vs. MTG
SBCF (Seacoast Banking Corporation of Florida) and MTG (MGIC Investment Corporation) are both stocks. Both are in the Financial Services sector — SBCF in Banks - Regional, MTG in Insurance - Specialty. Over the past 10 years, SBCF returned 7.18%/yr vs 15.66%/yr for MTG. At a 0.32 correlation, their price movements are largely independent.
Performance
SBCF vs. MTG - Performance Comparison
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Returns By Period
In the year-to-date period, SBCF achieves a -6.16% return, which is significantly higher than MTG's -13.95% return. Over the past 10 years, SBCF has underperformed MTG with an annualized return of 7.18%, while MTG has yielded a comparatively higher 15.66% annualized return.
SBCF
- 1D
- -2.98%
- 1M
- -5.24%
- YTD
- -6.16%
- 6M
- -8.91%
- 1Y
- 15.55%
- 3Y*
- 12.25%
- 5Y*
- -2.35%
- 10Y*
- 7.18%
MTG
- 1D
- -0.12%
- 1M
- -4.46%
- YTD
- -13.95%
- 6M
- -11.09%
- 1Y
- -3.96%
- 3Y*
- 19.58%
- 5Y*
- 13.73%
- 10Y*
- 15.66%
SBCF vs. MTG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SBCF Seacoast Banking Corporation of Florida | -6.16% | 17.11% | -0.48% | -5.97% | -10.10% | 21.59% | -3.66% | 17.49% | 3.21% | 14.28% |
MTG MGIC Investment Corporation | -13.95% | 25.88% | 25.68% | 52.41% | -7.50% | 17.19% | -9.20% | 36.71% | -25.87% | 38.47% |
Correlation
The correlation between SBCF and MTG is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 1991 | 0.32 |
The correlation between SBCF and MTG shifts across timeframes, from 0.32 (all time) to 0.57 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SBCF:
$1.54
MTG:
$3.15
SBCF:
19.00
MTG:
7.90
SBCF:
3.06
MTG:
4.71
SBCF:
$898.46M
MTG:
$1.20B
SBCF:
$563.85M
MTG:
$864.52M
SBCF:
$202.24M
MTG:
$724.82M
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Return for Risk
SBCF vs. MTG — Risk / Return Rank
SBCF
MTG
SBCF vs. MTG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Seacoast Banking Corporation of Florida (SBCF) and MGIC Investment Corporation (MTG). 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.
| SBCF | MTG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.59 | -0.17 | +0.75 |
Sortino ratioReturn per unit of downside risk | 1.01 | -0.06 | +1.07 |
Omega ratioGain probability vs. loss probability | 1.12 | 0.99 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.96 | -0.25 | +1.21 |
Martin ratioReturn relative to average drawdown | 2.28 | -0.52 | +2.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SBCF | MTG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.59 | -0.17 | +0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.07 | 0.54 | -0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | 0.42 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 0.07 | +0.01 |
Drawdowns
SBCF vs. MTG - Drawdown Comparison
The maximum SBCF drawdown since its inception was -96.16%, roughly equal to the maximum MTG drawdown of -98.86%. Use the drawdown chart below to compare losses from any high point for SBCF and MTG.
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Drawdown Indicators
| SBCF | MTG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.16% | -98.86% | +2.70% |
Max Drawdown (1Y)Largest decline over 1 year | -16.26% | -15.79% | -0.47% |
Max Drawdown (3Y)Largest decline over 3 years | -27.82% | -15.79% | -12.03% |
Max Drawdown (5Y)Largest decline over 5 years | -50.54% | -30.08% | -20.46% |
Max Drawdown (10Y)Largest decline over 10 years | -56.09% | -68.14% | +12.05% |
Current DrawdownCurrent decline from peak | -77.29% | -60.40% | -16.89% |
Average DrawdownAverage peak-to-trough decline | -49.94% | -52.50% | +2.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.83% | 7.69% | -0.86% |
Volatility
SBCF vs. MTG - Volatility Comparison
Seacoast Banking Corporation of Florida (SBCF) has a higher volatility of 6.66% compared to MGIC Investment Corporation (MTG) at 4.56%. This indicates that SBCF's price experiences larger fluctuations and is considered to be riskier than MTG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SBCF | MTG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.66% | 4.56% | +2.10% |
Volatility (6M)Calculated over the trailing 6-month period | 17.78% | 19.46% | -1.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.66% | 23.78% | +2.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.58% | 25.37% | +9.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.73% | 37.40% | -0.67% |
Dividends
SBCF vs. MTG - Dividend Comparison
SBCF's dividend yield for the trailing twelve months is around 2.53%, more than MTG's 2.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
MTG MGIC Investment Corporation | 2.41% | 1.92% | 2.07% | 2.23% | 2.77% | 1.94% | 1.91% | 0.85% |
SBCF Seacoast Banking Corporation of Florida | 2.53% | 2.32% | 2.62% | 2.49% | 2.05% | 1.10% | 0.00% | 0.00% |
Financials
SBCF vs. MTG - Financials Comparison
This section allows you to compare key financial metrics between Seacoast Banking Corporation of Florida and MGIC Investment 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
SBCF vs. MTG - Profitability Comparison
SBCF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Seacoast Banking Corporation of Florida reported a gross profit of 136.93M and revenue of 247.62M. Therefore, the gross margin over that period was 55.3%.
MTG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MGIC Investment Corporation reported a gross profit of 0.00 and revenue of 297.08M. Therefore, the gross margin over that period was 0.0%.
SBCF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Seacoast Banking Corporation of Florida reported an operating income of 43.45M and revenue of 247.62M, resulting in an operating margin of 17.6%.
MTG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MGIC Investment Corporation reported an operating income of 0.00 and revenue of 297.08M, resulting in an operating margin of 0.0%.
SBCF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Seacoast Banking Corporation of Florida reported a net income of 34.26M and revenue of 247.62M, resulting in a net margin of 13.8%.
MTG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MGIC Investment Corporation reported a net income of 165.30M and revenue of 297.08M, resulting in a net margin of 55.6%.
Frequently Asked Questions
SBCF and MTG have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SBCF has higher volatility (6.66%) compared to MTG (4.56%). In terms of maximum drawdown, SBCF dropped -96.16% vs MTG's -98.86%.
SBCF currently has the higher Sharpe Ratio (0.59 vs -0.17), 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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