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ABCB vs SFBS: Correlation

How closely do Ameris Bancorp (ABCB) and ServisFirst Bancshares, Inc. (SFBS) trade together? Their weekly returns over three years give a correlation of 0.86, which is very strong.

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

Correlation (3Y)
0.86
very strong
Correlation (1Y)
0.65
last 12 months
Correlation (5Y)
0.77
long-run
Ann. covariance
869.2
%² · weekly, annualized

How correlated are ABCB and SFBS?

On 3 years of weekly data the ABCB/SFBS correlation comes out at 0.86, very strong, meaning they move nearly in lockstep. Lately the two have drifted apart, with the 1-year correlation at 0.65 versus 0.86 over 3 years. The 5-year figure is 0.77, and annualized covariance runs at 869.2 %².

By 3-year correlation, SFBS places #15 of the 49 assets tracked against ABCB. The last year tells two different stories: ABCB led by 17.7 percentage points, +16.9% for ABCB against -0.8% for SFBS.

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 SFBS: side by side

ABCB (Ameris Bancorp)SFBS (ServisFirst Bancshares, Inc.)
1-year return+16.9%-0.8%
5-year return+86.9%+29.4%
Volatility (ann.)29.7%34.1%
Beta vs S&P 5001.060.96
Max drawdown (3Y)-29.5%-30.4%
Market cap$5.7B$4.7B
P/E (trailing)15.514.7
Dividend yield0.93%1.70%
Sector / categoryUS ListedUS Listed
Lower P/E: SFBS 14.7 vs 15.5Higher yield: SFBS 1.70% vs 0.93%Smaller drawdown: ABCB -29.5% vs -30.4%Higher 5y return: ABCB +86.9% vs +29.4%
-19%0%+26%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ABCB · SFBS

Year-by-year returns

YearABCBSFBS
2022-3.8%-17.9%
2023+14.3%-1.2%
2024+19.4%+28.8%
2025+20.1%-13.9%
2026+15.5%+22.1%

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

Are ABCB and SFBS good diversifiers for each other?

Not really. At 0.86, the two trade almost as one position, and owning both buys little extra protection.

FAQ

What is the correlation between ABCB and SFBS?

As of 2026-08-27, the correlation of weekly returns between ABCB and SFBS is 0.86 over 3 years, 0.65 over 1 year and 0.77 over 5 years.

Is SFBS a good diversifier for ABCB?

Not really. At 0.86, the two trade almost as one position, and owning both buys little extra protection.

What does a correlation of 0.86 mean?

On the −1 to +1 scale, 0.86 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

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ABCB vs SFBS: 3-year weekly correlation 0.86ABCB vs SFBS0.86

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Related comparisons

Hubs: ABCB correlations · SFBS correlations