First Northern Community Bancorp (FNRN)
Market Price (8/7/2026): $17.8 | Market Cap: $292.1 MilSector: Financials | Industry: Regional Banks
First Northern Community Bancorp (FNRN)
Market Price (8/7/2026): $17.8Market Cap: $292.1 MilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.0%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.6% Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -198% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10% Low stock price volatilityVol 12M is 19% | Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 38x Key risksFNRN key risks include [1] a significant loan portfolio concentration in specific California real estate and agricultural markets, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.0%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.6% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -198% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10% |
| Low stock price volatilityVol 12M is 19% |
| Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 38x |
| Key risksFNRN key risks include [1] a significant loan portfolio concentration in specific California real estate and agricultural markets, Show more. |
Qualitative Assessment
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First Northern Community Bancorp (FNRN) stock has gained about 5% since 4/30/2026 because of the following key factors:
1. Enhanced Market Visibility and Liquidity from Exchange Uplisting and Index Inclusion.
First Northern Community Bancorp uplisted its common stock to the Nasdaq Capital Market on April 24, 2026, immediately preceding the specified period. Subsequently, the company was added to the Russell 3000 Index, effective June 29, 2026. These strategic moves were highlighted by management as factors increasing trading volume, improving stock liquidity, and broadening institutional investor visibility, contributing to positive market perception.
2. Robust First Half Fiscal Year 2026 Performance and Strategic Capital Deployment.
While fiscal Q2 2026 net income decreased by 13.5% year-over-year to $4.7 million, the net income for the six months ended June 30, 2026, increased by 16.4% to $10.6 million compared to the prior year period. This half-year performance was underpinned by strong loan growth, with net loans increasing by $27.9 million during fiscal Q2 2026, representing an annualized growth rate of 10.5%. Additionally, non-accrual loans declined by 7.1% to $4.6 million, indicating improved credit quality. Non-interest income also surged by 141.3% in fiscal Q2 2026 due to growth in investment and brokerage services following the Beacon Wealth acquisition. The company further announced a stock repurchase program effective May 1, 2026, authorizing repurchases of up to 6% of its outstanding shares, signaling a commitment to shareholder returns.
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First Northern Community Bancorp (FNRN) stock has gained about 5% since 4/30/2026 because of the following key factors:
1. Enhanced Market Visibility and Liquidity from Exchange Uplisting and Index Inclusion.
First Northern Community Bancorp uplisted its common stock to the Nasdaq Capital Market on April 24, 2026, immediately preceding the specified period. Subsequently, the company was added to the Russell 3000 Index, effective June 29, 2026. These strategic moves were highlighted by management as factors increasing trading volume, improving stock liquidity, and broadening institutional investor visibility, contributing to positive market perception.
2. Robust First Half Fiscal Year 2026 Performance and Strategic Capital Deployment.
While fiscal Q2 2026 net income decreased by 13.5% year-over-year to $4.7 million, the net income for the six months ended June 30, 2026, increased by 16.4% to $10.6 million compared to the prior year period. This half-year performance was underpinned by strong loan growth, with net loans increasing by $27.9 million during fiscal Q2 2026, representing an annualized growth rate of 10.5%. Additionally, non-accrual loans declined by 7.1% to $4.6 million, indicating improved credit quality. Non-interest income also surged by 141.3% in fiscal Q2 2026 due to growth in investment and brokerage services following the Beacon Wealth acquisition. The company further announced a stock repurchase program effective May 1, 2026, authorizing repurchases of up to 6% of its outstanding shares, signaling a commitment to shareholder returns.
3. Favorable Regulatory and Industry Landscape for Community Banks.
Throughout the period, the banking industry saw a friendlier regulatory climate and a surge in mergers and acquisitions, which analysts predicted would continue in 2026. Specifically, the FDIC proposed changes on June 25, 2026, to reduce deposit insurance assessment rates for banks and raise the threshold for "small" institutions from $10 billion to $30 billion in assets. These proposed changes are expected to benefit community banks by lowering costs and reducing regulatory burden, creating a more supportive operational environment.
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Stock Movement Drivers
Fundamental Drivers
The 7.0% change in FNRN stock from 4/30/2026 to 8/6/2026 was primarily driven by a 38.6% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 4302026 | 8062026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.64 | 17.81 | 7.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 73 | 75 | 2.2% |
| Net Income Margin (%) | 28.8% | 31.1% | 8.2% |
| P/E Multiple | 17.9 | 12.5 | -30.2% |
| Shares Outstanding (Mil) | 23 | 16 | 38.6% |
| Cumulative Contribution | 7.0% |
Market Drivers
4/30/2026 to 8/6/2026| Return | Correlation | |
|---|---|---|
| FNRN | 7.0% | |
| Market (SPY) | 6.9% | 4.2% |
| Sector (XLF) | 10.9% | 20.0% |
Fundamental Drivers
The 37.5% change in FNRN stock from 1/31/2026 to 8/6/2026 was primarily driven by a 24.6% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 8062026 | Change |
|---|---|---|---|
| Stock Price ($) | 12.95 | 17.81 | 37.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 72 | 75 | 3.7% |
| Net Income Margin (%) | 29.0% | 31.1% | 7.3% |
| P/E Multiple | 10.0 | 12.5 | 24.6% |
| Shares Outstanding (Mil) | 16 | 16 | -0.8% |
| Cumulative Contribution | 37.5% |
Market Drivers
1/31/2026 to 8/6/2026| Return | Correlation | |
|---|---|---|
| FNRN | 37.5% | |
| Market (SPY) | 11.4% | 6.7% |
| Sector (XLF) | 8.7% | 3.7% |
Fundamental Drivers
The 67.9% change in FNRN stock from 7/31/2025 to 8/6/2026 was primarily driven by a 37.2% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 8062026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.61 | 17.81 | 67.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 71 | 75 | 5.8% |
| Net Income Margin (%) | 27.4% | 31.1% | 13.6% |
| P/E Multiple | 9.1 | 12.5 | 37.2% |
| Shares Outstanding (Mil) | 17 | 16 | 1.7% |
| Cumulative Contribution | 67.9% |
Market Drivers
7/31/2025 to 8/6/2026| Return | Correlation | |
|---|---|---|
| FNRN | 67.9% | |
| Market (SPY) | 22.6% | 10.7% |
| Sector (XLF) | 11.7% | 11.4% |
Fundamental Drivers
The 124.1% change in FNRN stock from 7/31/2023 to 8/6/2026 was primarily driven by a 72.8% change in the company's P/E Multiple.| (LTM values as of) | 7312023 | 8062026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.95 | 17.81 | 124.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 65 | 75 | 14.8% |
| Net Income Margin (%) | 28.0% | 31.1% | 11.0% |
| P/E Multiple | 7.2 | 12.5 | 72.8% |
| Shares Outstanding (Mil) | 17 | 16 | 1.8% |
| Cumulative Contribution | 124.1% |
Market Drivers
7/31/2023 to 8/6/2026| Return | Correlation | |
|---|---|---|
| FNRN | 124.1% | |
| Market (SPY) | 73.8% | 6.5% |
| Sector (XLF) | 71.0% | 11.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FNRN Return | 7% | -17% | 16% | 18% | 40% | 43% | 141% |
| Peers Return | 68% | 3% | -2% | 0% | 22% | 27% | 165% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 106% |
Monthly Win Rates [3] | |||||||
| FNRN Win Rate | 50% | 25% | 50% | 58% | 67% | 88% | |
| Peers Win Rate | 56% | 50% | 53% | 42% | 62% | 66% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| FNRN Max Drawdown | -14% | -29% | -22% | -6% | -7% | -5% | |
| Peers Max Drawdown | -19% | -25% | -32% | -29% | -20% | -11% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: FSBC, PLBC, SSBI, MCHB.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/6/2026 (YTD)
How Low Can It Go
| Event | FNRN | S&P 500 |
|---|---|---|
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -20.6% | -6.7% |
| % Gain to Breakeven | 26.0% | 7.1% |
| Time to Breakeven | 80 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -21.2% | -24.5% |
| % Gain to Breakeven | 27.0% | 32.4% |
| Time to Breakeven | 288 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.1% | -33.7% |
| % Gain to Breakeven | 45.1% | 50.9% |
| Time to Breakeven | 357 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -21.2% | -19.2% |
| % Gain to Breakeven | 26.9% | 23.8% |
| Time to Breakeven | 2071 days | 105 days |
In The Past
First Northern Community Bancorp's stock fell 0.0% during the 2025 US Tariff Shock. Such a loss loss requires a 0.0% gain to breakeven.
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Asset Allocation
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| Event | FNRN | S&P 500 |
|---|---|---|
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -20.6% | -6.7% |
| % Gain to Breakeven | 26.0% | 7.1% |
| Time to Breakeven | 80 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -21.2% | -24.5% |
| % Gain to Breakeven | 27.0% | 32.4% |
| Time to Breakeven | 288 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.1% | -33.7% |
| % Gain to Breakeven | 45.1% | 50.9% |
| Time to Breakeven | 357 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -21.2% | -19.2% |
| % Gain to Breakeven | 26.9% | 23.8% |
| Time to Breakeven | 2071 days | 105 days |
In The Past
First Northern Community Bancorp's stock fell 0.0% during the 2025 US Tariff Shock. Such a loss loss requires a 0.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About First Northern Community Bancorp (FNRN)
First Northern Community Bancorp (FNRN) operates as a bank holding company, with its primary subsidiary being First Northern Bank of Dixon. Based in Dixon, California, the company provides a comprehensive suite of commercial banking products and services. Its operations are concentrated in Northern California, where it maintains eleven full-service branches across various cities including Auburn, Davis, Sacramento, and Vacaville, alongside specialized offices for residential mortgage and commercial lending.
The company's core business involves offering diverse financial products. On the deposit side, it accepts demand, interest-bearing transaction, savings, money market, and time deposits. Its lending activities span a broad range, encompassing commercial, commercial real estate, agriculture, residential mortgage, residential construction, and consumer loans.
In addition to traditional banking, FNRN extends its services to include credit cards, investment and brokerage services, alternative investment products, and fiduciary services. Through partnerships with third parties, the bank also offers equipment leasing, merchant card processing, payroll, and international banking services. The company primarily caters to individuals and small to medium-sized businesses within its established Northern California market.
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Here are a few brief analogies for First Northern Community Bancorp (FNRN):
- It's like a community-focused version of Bank of America, tailored for specific towns in Northern California.
- Think of it as a regional Wells Fargo, specifically serving individuals and businesses in Northern California communities.
- It's the local, hometown bank equivalent of a larger institution, providing comprehensive services in its Northern California service areas.
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- Deposit Accounts: Offers various accounts including demand deposits, interest-bearing transaction deposits, savings, money market accounts, and time deposits.
- Commercial Loans: Provides financing for general business operations, commercial real estate, and agriculture.
- Residential Loans: Offers loans for purchasing, refinancing, and constructing residential properties.
- Consumer Loans: Supplies personal loans for individual financial needs.
- Credit Cards: Issues credit products for personal and business use.
- Investment & Brokerage Services: Assists clients with investment management, securities trading, and alternative investment products.
- Fiduciary Services: Provides trust and asset management services for individuals and businesses.
- Business Support Services: Offers equipment leasing, merchant card processing, payroll, and international banking services.
- General Banking Services: Provides customary services such as cashier's checks and safe deposit box rentals.
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First Northern Community Bancorp (FNRN) provides commercial banking products and services to a diverse customer base within its operational area in California. Given the nature of a regional bank, its customer base is broad rather than concentrated in a few named major corporate customers. Therefore, the customers are best described in categories rather than by specific names.
The major customer categories served by First Northern Community Bancorp are:
-
Individuals: This category includes customers seeking a range of personal banking services such as demand deposits, interest-bearing transaction deposits, savings and money market accounts, time deposits, residential mortgages, residential construction loans, consumer loans, credit cards, investment and brokerage services, alternative investment products, and fiduciary services.
-
Small to Medium-Sized Businesses: This segment comprises businesses that utilize the bank's commercial banking products and services, including commercial loans, commercial real estate loans, equipment leasing, merchant card processing, payroll, and international banking services.
-
Agricultural Businesses: A specialized subset of businesses, particularly relevant in the bank's service area, engaged in agriculture and utilizing specific services such as agriculture loans.
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Jeremiah Z. Smith, President & Chief Executive Officer
Jeremiah Z. Smith was named President & Chief Executive Officer of First Northern Community Bancorp and its subsidiary, First Northern Bank, effective January 1, 2023. He previously served as Senior Executive Vice President and Chief Operating Officer of First Northern from 2014 to 2022, and as Executive Vice President and Chief Financial Officer from 2010 to 2014. Mr. Smith joined the Bank in 2003. He holds a Bachelor of Science in Business Administration with a concentration in Finance from California State University, Sacramento, and is a graduate of the Pacific Coast Banking School.
Kevin M. Spink, Executive Vice President & Chief Financial Officer
Kevin M. Spink was appointed Executive Vice President/Chief Financial Officer of First Northern Bank in February 2018. He joined the Bank in 2016 as Senior Vice President/Corporate Controller. Prior to First Northern, Mr. Spink spent seven years with KPMG, LLP, gaining audit expertise in the banking and finance industries, and five years with Rabobank, where his last position was Senior Vice President/Chief Accounting Officer. He is a Certified Public Accountant (CPA) and a graduate of the Pacific Coast Banking School.
Brett Hamilton, Executive VP & Chief Credit Officer
Brett Hamilton serves as Executive Vice President & Chief Credit Officer.
Duane Swizer, Executive Vice President & Chief Information Officer
Duane Swizer holds the position of Executive Vice President & Chief Information Officer.
Libby Sanchez, Executive Vice President & Chief Human Resources Officer
Libby Sanchez joined First Northern Bank in 2019 and serves as Executive Vice President/Chief Human Resources Officer. She holds a B.S. in Business Administration-Marketing from San Jose State University and is certified as SHRM-SCP, SPHR, and PHRca. Ms. Sanchez serves on the board of the Society for the Blind.
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The most significant risks include:
- Credit Risk and Economic Downturns: As a community bank, First Northern Community Bancorp's profitability is highly dependent on the credit quality of its loan portfolio, which includes a substantial portion of commercial, commercial real estate, agriculture, and residential mortgage loans. An economic downturn, particularly in the California counties it serves, or weakness in the real estate market, could lead to increased loan defaults and losses, materially impacting its financial condition and results of operations. The bank's dependence on real estate lending increases its risk of losses.
- Interest Rate Risk and Funding Costs: Fluctuations in interest rates can significantly affect the bank's net interest margin and overall profitability. Recent reports indicate a decline in loan yields and a decrease in average non-interest-bearing deposits, which could increase funding costs if the mix shifts towards interest-bearing accounts. Upward pressure on interest rates due to broader economic factors, such as government debt and fiscal policies, could also adversely affect the bank's investment securities portfolio and the general level of business activity.
- Competition and Regulatory Environment: First Northern Community Bancorp operates in a competitive banking landscape and is subject to extensive supervision by federal and state regulators. Changes in government monetary and fiscal policies, evolving privacy and consumer protection rules, and intense industry competition can impact the bank's earnings and growth, requiring continuous adaptation and investment in compliance and services.
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The clear emerging threats to First Northern Community Bancorp (FNRN) primarily arise from the rapid growth of **digital-first banks and specialized financial technology (fintech) companies**. These competitors offer banking products and services (such as demand deposits, interest-bearing accounts, various loans, and payment processing) through online and mobile platforms, often with lower overheads, more competitive rates, and superior digital user experiences. This trend directly challenges FNRN's traditional branch-based model and its reliance on a physical footprint, allowing customers, including individuals and small to medium-sized businesses, to access comprehensive banking services without the need for physical branches, thereby eroding FNRN's market share and competitive advantage in its operating regions.
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Here are the expected drivers of future revenue growth for First Northern Community Bancorp (FNRN) over the next 2-3 years:
- Commercial Loan Growth: First Northern Community Bancorp anticipates continued revenue growth through an increase in its commercial loan portfolio. The company's net interest income in the first quarter of 2026 was notably driven by overall loan growth and improved yields on interest-earning assets, with a specific increase in commercial loans contributing to this trend.
- Expansion of Non-Interest Income through Wealth Management: Growth in non-interest income, particularly from investment and brokerage services, is expected to be a significant driver. This is primarily fueled by client acquisition initiatives, such as the Beacon Wealth client acquisition completed in the fourth quarter of 2025, which led to a substantial rise in investment and brokerage income in the first quarter of 2026.
- Net Interest Margin Expansion: The company's ability to expand its net interest margin (NIM) will contribute to future revenue growth. In Q1 2026, the net interest margin expanded to 3.83%, an increase from the prior year, attributed to loan growth and effective management of funding costs. Sustaining or further expanding this margin will directly enhance interest income.
- Enhanced Digital Banking and Technology Modernization: Strategic investments in technology modernization and improvements to the client experience are aimed at driving future growth. Initiatives for 2026 include modernizing the core banking platform and redesigning online banking and mobile applications to provide a more intuitive digital experience. These enhancements are expected to attract and retain clients, supporting thoughtful growth through improved access and service delivery.
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Share Repurchases
- A stock repurchase program was authorized on March 30, 2026, allowing for repurchases of up to 984,579 shares, or approximately $15.6 million, effective from May 1, 2026, to April 30, 2028.
- A previous stock repurchase program was announced on June 2, 2021, authorizing repurchases of up to 547,203 shares, or approximately $6.2 million, effective from June 15, 2021, to June 14, 2023.
Share Issuance
- A 5% stock dividend was declared on January 22, 2026, and paid on March 25, 2026.
- A 5% stock dividend was also declared on January 23, 2025.
- An equity grant of 2,500 shares of common stock was awarded to Executive Vice President and Chief Commercial Banking Officer Charles Cochran.
Outbound Investments
- First Northern Bank acquired Beacon Wealth Strategies in late 2025, expanding its investment and brokerage services.
Capital Expenditures
- The company focuses on disciplined capital management, maintaining a well-capitalized status with robust capital ratios.
- Capital management has focused on maintaining a low cost of funds, optimizing funding sources, and effectively managing interest rate fluctuations.
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 17.81 |
| Mkt Cap | 0.4 |
| Rev LTM | 107 |
| Op Inc LTM | - |
| FCF LTM | 23 |
| FCF 3Y Avg | 22 |
| CFO LTM | 23 |
| CFO 3Y Avg | 23 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 26.7% |
| Rev Chg 3Y Avg | 13.6% |
| Rev Chg Q | 28.1% |
| QoQ Delta Rev Chg LTM | 6.3% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 34.2% |
| CFO/Rev 3Y Avg | 30.0% |
| FCF/Rev LTM | 33.5% |
| FCF/Rev 3Y Avg | 28.8% |
Price Behavior
| Market Price | $17.81 | |
| Market Cap ($ Bil) | 0.3 | |
| First Trading Date | 07/23/2012 | |
| Distance from 52W High | -5.3% | |
| 50 Days | 200 Days | |
| DMA Price | $15.86 | $12.54 |
| DMA Trend | up | up |
| Distance from DMA | 12.3% | 42.1% |
| 3M | 1YR | |
| Volatility | 16.3% | 19.7% |
| Downside Capture | 52.33 | -11.85 |
| Upside Capture | 43.33 | 52.89 |
| Correlation (SPY) | -1.6% | 8.4% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.06 | -0.02 | 0.05 | 0.13 | 0.15 | 0.05 |
| Up Beta | -2.07 | -0.91 | -0.64 | -0.28 | 0.09 | -0.02 |
| Down Beta | -0.34 | -0.68 | -0.49 | -0.23 | 0.06 | 0.08 |
| Up Capture | 100% | 74% | 64% | 68% | 42% | 7% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 11 | 23 | 30 | 52 | 96 | 206 |
| Down Capture | 62% | 29% | 29% | 0% | -19% | -18% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 10 | 18 | 28 | 47 | 81 | 218 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FNRN | |
|---|---|---|---|---|
| FNRN | 59.9% | 20.4% | 2.72 | - |
| Sector ETF (XLF) | 13.2% | 14.6% | 0.63 | 9.4% |
| Equity (SPY) | 23.5% | 12.9% | 1.37 | 10.9% |
| Gold (GLD) | 25.3% | 28.3% | 0.79 | 8.6% |
| Commodities (DBC) | 32.4% | 19.8% | 1.30 | -10.3% |
| Real Estate (VNQ) | 12.9% | 13.8% | 0.64 | 9.6% |
| Bitcoin (BTCUSD) | -43.6% | 43.0% | -1.21 | -1.2% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FNRN | |
|---|---|---|---|---|
| FNRN | 17.9% | 22.0% | 1.27 | - |
| Sector ETF (XLF) | 11.3% | 18.4% | 0.47 | 7.3% |
| Equity (SPY) | 13.2% | 17.2% | 0.59 | 1.0% |
| Gold (GLD) | 17.9% | 18.5% | 0.78 | 0.3% |
| Commodities (DBC) | 8.0% | 19.6% | 0.31 | -4.4% |
| Real Estate (VNQ) | 2.3% | 18.9% | 0.02 | 1.8% |
| Bitcoin (BTCUSD) | 10.0% | 53.0% | 0.38 | -4.5% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FNRN | |
|---|---|---|---|---|
| FNRN | 14.5% | 22.0% | 1.08 | - |
| Sector ETF (XLF) | 13.7% | 22.1% | 0.57 | 20.0% |
| Equity (SPY) | 15.3% | 17.9% | 0.73 | 13.9% |
| Gold (GLD) | 11.8% | 16.2% | 0.59 | -2.9% |
| Commodities (DBC) | 7.4% | 18.0% | 0.33 | 4.9% |
| Real Estate (VNQ) | 4.9% | 20.7% | 0.20 | 14.6% |
| Bitcoin (BTCUSD) | 58.3% | 66.2% | 0.98 | 3.2% |
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Earnings Returns History
Updated 8/7/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/30/2026 | 0.9% | -2.4% | |
| 4/30/2026 | 2.4% | 6.5% | 2.9% |
| 1/30/2026 | 2.4% | 5.4% | 7.7% |
| 10/30/2025 | -0.2% | -0.6% | 2.4% |
| 7/30/2025 | 0.0% | 0.3% | 8.5% |
| 4/30/2025 | 0.0% | -0.4% | 1.5% |
| 1/30/2025 | -0.1% | 0.4% | 9.0% |
| 10/30/2024 | 0.0% | 1.2% | 0.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 18 | 14 | 14 |
| # Negative | 3 | 7 | 6 |
| Median Positive | 0.1% | 0.9% | 4.2% |
| Median Negative | -0.2% | -1.8% | -1.0% |
| Max Positive | 3.4% | 6.5% | 9.0% |
| Max Negative | -1.5% | -3.0% | -9.7% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/30/2026 | 0.9% | -2.4% | |
| 4/30/2026 | 2.4% | 6.5% | 2.9% |
| 1/30/2026 | 2.4% | 5.4% | 7.7% |
| 10/30/2025 | -0.2% | -0.6% | 2.4% |
| 7/30/2025 | 0.0% | 0.3% | 8.5% |
| 4/30/2025 | 0.0% | -0.4% | 1.5% |
| 1/30/2025 | -0.1% | 0.4% | 9.0% |
| 10/30/2024 | 0.0% | 1.2% | 0.7% |
| 7/30/2024 | 0.0% | -1.1% | 1.0% |
| 4/30/2024 | 0.6% | 0.0% | -0.4% |
| 1/30/2024 | 1.7% | 1.6% | 1.9% |
| 10/27/2023 | 0.1% | -3.0% | -9.7% |
| 7/28/2023 | 3.4% | 3.8% | 8.4% |
| 4/28/2023 | 0.7% | -2.1% | -0.9% |
| 1/30/2023 | 0.0% | 2.4% | 8.2% |
| 10/27/2022 | 0.9% | -1.8% | 5.7% |
| 7/29/2022 | 0.0% | 0.2% | -3.3% |
| 4/29/2022 | 0.0% | 0.0% | -1.1% |
| 1/28/2022 | -1.5% | 0.9% | 5.5% |
| 10/28/2021 | 0.0% | 0.4% | 0.4% |
| 7/29/2021 | 0.0% | 0.8% | -0.5% |
| SUMMARY STATS | |||
| # Positive | 18 | 14 | 14 |
| # Negative | 3 | 7 | 6 |
| Median Positive | 0.1% | 0.9% | 4.2% |
| Median Negative | -0.2% | -1.8% | -1.0% |
| Max Positive | 3.4% | 6.5% | 9.0% |
| Max Negative | -1.5% | -3.0% | -9.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 03/13/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/07/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 03/11/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/12/2023 | 10-Q |
| 12/31/2022 | 03/10/2023 | 10-K |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/11/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 03/13/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/07/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 03/11/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/12/2023 | 10-Q |
| 12/31/2022 | 03/10/2023 | 10-K |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/11/2022 | 10-Q |
| 03/31/2022 | 05/12/2022 | 10-Q |
| 12/31/2021 | 03/14/2022 | 10-K |
| 09/30/2021 | 11/04/2021 | 10-Q |
| 06/30/2021 | 08/05/2021 | 10-Q |
| 03/31/2021 | 05/07/2021 | 10-Q |
| 12/31/2020 | 03/08/2021 | 10-K |
| 09/30/2020 | 11/04/2020 | 10-Q |
| 06/30/2020 | 08/05/2020 | 10-Q |
| 03/31/2020 | 05/07/2020 | 10-Q |
| 12/31/2019 | 03/05/2020 | 10-K |
| 09/30/2019 | 11/06/2019 | 10-Q |
| 06/30/2019 | 08/07/2019 | 10-Q |
Insider Activity
Updated 8/6/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Schulze, Mark C | Direct | Sell | 8062026 | 18.30 | 232 | 4,246 | 13,481,409 | Form | |
| 2 | Schulze, Mark C | Direct | Sell | 8062026 | 18.40 | 3,000 | 55,211 | 13,561,999 | Form | |
| 3 | Smith, Jeremiah Zachary | President/CEO/Director | Direct | Sell | 5182026 | 17.69 | 6,783 | 120,003 | 2,734,588 | Form |
| 4 | Schulze, Mark C | Direct | Sell | 5142026 | 17.79 | 2,000 | 35,572 | 13,160,235 | Form | |
| 5 | Schulze, Mark C | Direct | Sell | 5112026 | 17.78 | 3,000 | 53,342 | 13,191,726 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Schulze, Mark C | Direct | Sell | 8062026 | 18.30 | 232 | 4,246 | 13,481,409 | Form | |
| 2 | Schulze, Mark C | Direct | Sell | 8062026 | 18.40 | 3,000 | 55,211 | 13,561,999 | Form | |
| 3 | Smith, Jeremiah Zachary | President/CEO/Director | Direct | Sell | 5182026 | 17.69 | 6,783 | 120,003 | 2,734,588 | Form |
| 4 | Schulze, Mark C | Direct | Sell | 5142026 | 17.79 | 2,000 | 35,572 | 13,160,235 | Form | |
| 5 | Schulze, Mark C | Direct | Sell | 5112026 | 17.78 | 3,000 | 53,342 | 13,191,726 | Form | |
| 6 | Spink, Kevin | EVP/Chief Financial Officer | Direct | Sell | 5062026 | 17.04 | 8,271 | 140,936 | 783,183 | Form |
| 7 | Servat, Jean-Luc | Direct | Buy | 2192026 | 14.52 | 563 | 8,173 | 50,273 | Form | |
| 8 | Hayes, Barbara A | Direct | Buy | 2192026 | 14.70 | 171 | 2,514 | 180,413 | Form | |
| 9 | Servat, Jean-Luc | Direct | Buy | 2192026 | 14.62 | 900 | 13,156 | 42,393 | Form | |
| 10 | Servat, Jean-Luc | Direct | Buy | 2122026 | 14.60 | 400 | 5,840 | 29,200 | Form | |
| 11 | Servat, Jean-Luc | Direct | Buy | 2122026 | 14.46 | 1,600 | 23,133 | 23,133 | Form | |
| 12 | Bedoya, Richard | Direct | Buy | 2122026 | 14.49 | 893 | 12,940 | 42,122 | Form | |
| 13 | Bedoya, Richard | Direct | Buy | 8072025 | 11.19 | 2,014 | 22,537 | 22,537 | Form |
Industry Resources
| Financials Resources |
| Federal Reserve Economic Data |
| Federal Reserve |
| FDIC Data |
| American Banker |
| The Banker |
| Banking Technology |
| Regional Banks Resources |
| Bank Director |
| Independent Banker |
| S&P Global Market Intelligence |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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