ABCB vs BANC: Correlation
Ameris Bancorp (ABCB) and Banc of California, Inc. (BANC) show a strong relationship: their 3-year correlation of weekly returns is 0.78.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABCB and BANC?
On 3 years of weekly data the ABCB/BANC correlation comes out at 0.78, strong. Recent behaviour matches the longer record: 0.70 over 1 year against 0.78 over 3. The 5-year figure is 0.78, and annualized covariance runs at 774.1 %².
Within ABCB's tracked universe of 49 assets, BANC comes in at #31 by 3-year correlation. Neither side won the trailing year by much: +16.9% against +14.7%.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ABCB vs BANC: side by side
| ABCB (Ameris Bancorp) | BANC (Banc of California, Inc.) | |
|---|---|---|
| 1-year return | +16.9% | +14.7% |
| 5-year return | +86.9% | +18.5% |
| Volatility (ann.) | 29.7% | 33.4% |
| Beta vs S&P 500 | 1.06 | 1.08 |
| Max drawdown (3Y) | -29.5% | -31.2% |
| Market cap | $5.7B | $3.0B |
| P/E (trailing) | 15.5 | – |
| Dividend yield | 0.93% | 2.34% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABCB | BANC |
|---|---|---|
| 2022 | -3.8% | -17.7% |
| 2023 | +14.3% | -13.0% |
| 2024 | +19.4% | +18.3% |
| 2025 | +20.1% | +28.0% |
| 2026 | +15.5% | -1.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABCB and BANC good diversifiers for each other?
To a limited degree. At 0.78 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ABCB and BANC?
As of 2026-08-27, the correlation of weekly returns between ABCB and BANC is 0.78 over 3 years, 0.70 over 1 year and 0.78 over 5 years.
Is BANC a good diversifier for ABCB?
To a limited degree. At 0.78 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.78 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/abcb-vs-banc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/abcb-vs-banc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ABCB correlations · BANC correlations
