ABCB vs DCOM: Correlation
Ameris Bancorp (ABCB) and Dime Commercial Bancshares, Inc. (DCOM) show a very strong relationship: their 3-year correlation of weekly returns is 0.85.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABCB and DCOM?
Over the past 3 years, ABCB and DCOM moved with a correlation of 0.85, which is very strong, meaning they move nearly in lockstep. The link has loosened recently: the 1-year correlation (0.72) runs below the 3-year figure (0.85). Over 5 years the correlation is 0.81, and the annualized covariance of weekly returns is 846.2 %².
Within ABCB's tracked universe of 49 assets, DCOM comes in at #17 by 3-year correlation. The last year tells two different stories: DCOM led by 19.2 percentage points, +16.9% for ABCB against +36.1% for DCOM.
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 DCOM: side by side
| ABCB (Ameris Bancorp) | DCOM (Dime Commercial Bancshares, Inc.) | |
|---|---|---|
| 1-year return | +16.9% | +36.1% |
| 5-year return | +86.9% | +46.6% |
| Volatility (ann.) | 29.7% | 33.3% |
| Beta vs S&P 500 | 1.06 | 0.87 |
| Max drawdown (3Y) | -29.5% | -36.0% |
| Market cap | $5.7B | $1.8B |
| P/E (trailing) | 15.5 | 14.6 |
| Dividend yield | 0.93% | 2.48% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABCB | DCOM |
|---|---|---|
| 2022 | -3.8% | -6.8% |
| 2023 | +14.3% | -11.5% |
| 2024 | +19.4% | +19.0% |
| 2025 | +20.1% | +1.4% |
| 2026 | +15.5% | +37.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABCB and DCOM good diversifiers for each other?
No: a correlation of 0.85 means ABCB and DCOM tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between ABCB and DCOM?
Using weekly returns as of 2026-08-27: 0.85 over 3 years, with 0.72 over the last year and 0.81 over 5 years.
Is DCOM a good diversifier for ABCB?
No: a correlation of 0.85 means ABCB and DCOM tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.85 mean?
A reading of 0.85 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/abcb-vs-dcom.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/abcb-vs-dcom/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABCB correlations · DCOM correlations
