ABCB vs TCBI: Correlation
Ameris Bancorp (ABCB) and Texas Capital Bancshares, Inc. (TCBI) show a very strong relationship: their 3-year correlation of weekly returns is 0.81.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABCB and TCBI?
Across a 3-year window, the weekly returns of ABCB and TCBI correlate at 0.81, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.83 lands near the 3-year figure. Stretching to 5 years gives 0.78, with an annualized covariance of 675.3 %².
Among the 49 assets we track against ABCB, TCBI ranks #27 by 3-year correlation. Twelve-month performance is nearly a tie, at +16.9% for ABCB and +12.8% for TCBI.
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 TCBI: side by side
| ABCB (Ameris Bancorp) | TCBI (Texas Capital Bancshares, Inc.) | |
|---|---|---|
| 1-year return | +16.9% | +12.8% |
| 5-year return | +86.9% | +47.7% |
| Volatility (ann.) | 29.7% | 28.1% |
| Beta vs S&P 500 | 1.06 | 0.81 |
| Max drawdown (3Y) | -29.5% | -31.7% |
| Market cap | $5.7B | $4.3B |
| P/E (trailing) | 15.5 | 12.8 |
| Dividend yield | 0.93% | 0.20% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABCB | TCBI |
|---|---|---|
| 2022 | -3.8% | +0.1% |
| 2023 | +14.3% | +7.2% |
| 2024 | +19.4% | +21.0% |
| 2025 | +20.1% | +15.8% |
| 2026 | +15.5% | +8.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABCB and TCBI good diversifiers for each other?
No. With a correlation of 0.81, ABCB and TCBI move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between ABCB and TCBI?
The ABCB/TCBI correlation stands at 0.81 on a 3-year window (1 year: 0.83, 5 years: 0.78), computed from weekly returns as of 2026-08-27.
Is TCBI a good diversifier for ABCB?
No. With a correlation of 0.81, ABCB and TCBI move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.81 mean?
On the −1 to +1 scale, 0.81 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-tcbi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abcb-vs-tcbi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABCB correlations · TCBI correlations
