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ABCB vs RBB: Correlation

Measured on weekly returns over the past three years, Ameris Bancorp (ABCB) and RBB Bancorp (RBB) carry a correlation of 0.80, a very strong link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.80
very strong
Correlation (1Y)
0.72
last 12 months
Correlation (5Y)
0.72
long-run
Ann. covariance
769.4
%² · weekly, annualized

How correlated are ABCB and RBB?

Over the past 3 years, ABCB and RBB moved with a correlation of 0.80, which is very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.72 lands near the 3-year figure. Over 5 years the correlation is 0.72, and the annualized covariance of weekly returns is 769.4 %².

By 3-year correlation, RBB places #29 of the 49 assets tracked against ABCB. Over the last 12 months RBB came out ahead by 14.9 percentage points (+16.9% against +31.8%).

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 RBB: side by side

ABCB (Ameris Bancorp)RBB (RBB Bancorp)
1-year return+16.9%+31.8%
5-year return+86.9%+22.2%
Volatility (ann.)29.7%32.4%
Beta vs S&P 5001.060.96
Max drawdown (3Y)-29.5%-39.2%
Market cap$5.7B$0.4B
P/E (trailing)15.510.8
Dividend yield0.93%2.43%
Sector / categoryUS ListedUS Listed
Lower P/E: RBB 10.8 vs 15.5Higher yield: RBB 2.43% vs 0.93%Smaller drawdown: ABCB -29.5% vs -39.2%Higher 5y return: ABCB +86.9% vs +22.2%
-14%0%+43%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ABCB · RBB

Year-by-year returns

YearABCBRBB
2022-3.8%-18.5%
2023+14.3%-4.4%
2024+19.4%+11.0%
2025+20.1%+4.4%
2026+15.5%+29.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ABCB and RBB good diversifiers for each other?

Not really. At 0.80, the two trade almost as one position, and owning both buys little extra protection.

FAQ

What is the correlation between ABCB and RBB?

Using weekly returns as of 2026-08-27: 0.80 over 3 years, with 0.72 over the last year and 0.72 over 5 years.

Is RBB a good diversifier for ABCB?

Not really. At 0.80, the two trade almost as one position, and owning both buys little extra protection.

What does a correlation of 0.80 mean?

On the −1 to +1 scale, 0.80 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.

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ABCB vs RBB: 3-year weekly correlation 0.80ABCB vs RBB0.80

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Related comparisons

Hubs: ABCB correlations · RBB correlations