ABCB vs SBCF: Correlation
Measured on weekly returns over the past three years, Ameris Bancorp (ABCB) and Seacoast Banking Corporation of Florida (SBCF) carry a correlation of 0.90, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABCB and SBCF?
Across a 3-year window, the weekly returns of ABCB and SBCF correlate at 0.90, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.82) sits close to the 3-year figure. Stretching to 5 years gives 0.82, with an annualized covariance of 827.5 %².
In ABCB's tracked universe of 49 assets, SBCF sits right near the top at #2. Neither side won the trailing year by much: +16.9% against +12.7%.
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 SBCF: side by side
| ABCB (Ameris Bancorp) | SBCF (Seacoast Banking Corporation of Florida) | |
|---|---|---|
| 1-year return | +16.9% | +12.7% |
| 5-year return | +86.9% | +23.0% |
| Volatility (ann.) | 29.7% | 30.8% |
| Beta vs S&P 500 | 1.06 | 0.96 |
| Max drawdown (3Y) | -29.5% | -27.8% |
| Market cap | $5.7B | $3.3B |
| P/E (trailing) | 15.5 | 22.3 |
| Dividend yield | 0.93% | 2.18% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABCB | SBCF |
|---|---|---|
| 2022 | -3.8% | -10.1% |
| 2023 | +14.3% | -6.0% |
| 2024 | +19.4% | -0.5% |
| 2025 | +20.1% | +17.1% |
| 2026 | +15.5% | +10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABCB and SBCF good diversifiers for each other?
No. With a correlation of 0.90, ABCB and SBCF move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between ABCB and SBCF?
The ABCB/SBCF correlation stands at 0.90 on a 3-year window (1 year: 0.82, 5 years: 0.82), computed from weekly returns as of 2026-08-27.
Is SBCF a good diversifier for ABCB?
No. With a correlation of 0.90, ABCB and SBCF move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.90 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-sbcf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abcb-vs-sbcf/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ABCB correlations · SBCF correlations
