ABCB vs MCB: Correlation
Ameris Bancorp (ABCB) and Metropolitan Bank Holding Corp. (MCB) 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 MCB?
Across a 3-year window, the weekly returns of ABCB and MCB correlate at 0.78, strong. The relationship has been stable: the 1-year correlation (0.69) sits close to the 3-year figure. Stretching to 5 years gives 0.73, with an annualized covariance of 1014.4 %².
By 3-year correlation, MCB places #32 of the 49 assets tracked against ABCB. Their 12-month results are close: +16.9% for ABCB against +17.5% for MCB.
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 MCB: side by side
| ABCB (Ameris Bancorp) | MCB (Metropolitan Bank Holding Corp.) | |
|---|---|---|
| 1-year return | +16.9% | +17.5% |
| 5-year return | +86.9% | +20.3% |
| Volatility (ann.) | 29.7% | 43.5% |
| Beta vs S&P 500 | 1.06 | 0.94 |
| Max drawdown (3Y) | -29.5% | -42.3% |
| Market cap | $5.7B | $1.1B |
| P/E (trailing) | 15.5 | 11.7 |
| Dividend yield | 0.93% | 0.82% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABCB | MCB |
|---|---|---|
| 2022 | -3.8% | -44.9% |
| 2023 | +14.3% | -5.6% |
| 2024 | +19.4% | +5.5% |
| 2025 | +20.1% | +31.3% |
| 2026 | +15.5% | +21.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABCB and MCB 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 MCB?
As of 2026-08-27, the correlation of weekly returns between ABCB and MCB is 0.78 over 3 years, 0.69 over 1 year and 0.73 over 5 years.
Is MCB 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?
On the −1 to +1 scale, 0.78 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/abcb-vs-mcb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/abcb-vs-mcb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABCB correlations · MCB correlations
