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ABCB vs RF: Correlation

Ameris Bancorp (ABCB) and Regions Financial Corporation (RF) show a very strong relationship: their 3-year correlation of weekly returns is 0.84.

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

Correlation (3Y)
0.84
very strong
Correlation (1Y)
0.79
last 12 months
Correlation (5Y)
0.81
long-run
Ann. covariance
729.4
%² · weekly, annualized

How correlated are ABCB and RF?

Across a 3-year window, the weekly returns of ABCB and RF correlate at 0.84, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.79 lands near the 3-year figure. Stretching to 5 years gives 0.81, with an annualized covariance of 729.4 %².

By 3-year correlation, RF places #22 of the 49 assets tracked against ABCB. Neither side won the trailing year by much: +16.9% against +15.4%.

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 RF: side by side

ABCB (Ameris Bancorp)RF (Regions Financial Corporation)
1-year return+16.9%+15.4%
5-year return+86.9%+83.5%
Volatility (ann.)29.7%29.2%
Beta vs S&P 5001.061.09
Max drawdown (3Y)-29.5%-31.9%
Market cap$5.7B$25.9B
P/E (trailing)15.512.4
Dividend yield0.93%3.45%
Sector / categoryUS ListedFinancials
Lower P/E: RF 12.4 vs 15.5Higher yield: RF 3.45% vs 0.93%Smaller drawdown: ABCB -29.5% vs -31.9%Higher 5y return: ABCB +86.9% vs +83.5%
-13%0%+26%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ABCB · RF

Year-by-year returns

YearABCBRF
2022-3.8%+2.3%
2023+14.3%-5.7%
2024+19.4%+27.0%
2025+20.1%+20.2%
2026+15.5%+14.3%

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

Are ABCB and RF good diversifiers for each other?

Not really. At 0.84, the two trade almost as one position, and owning both buys little extra protection.

FAQ

What is the correlation between ABCB and RF?

As of 2026-08-27, the correlation of weekly returns between ABCB and RF is 0.84 over 3 years, 0.79 over 1 year and 0.81 over 5 years.

Is RF a good diversifier for ABCB?

Not really. At 0.84, the two trade almost as one position, and owning both buys little extra protection.

What does a correlation of 0.84 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

JSON API · no key required
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ABCB vs RF: 3-year weekly correlation 0.84ABCB vs RF0.84

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Related comparisons

Hubs: ABCB correlations · RF correlations