ABCB vs TFSL: Correlation
Measured on weekly returns over the past three years, Ameris Bancorp (ABCB) and TFS Financial Corporation (TFSL) carry a correlation of 0.77, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABCB and TFSL?
Over the past 3 years, ABCB and TFSL moved with a correlation of 0.77, which is strong. The relationship has been stable: the 1-year correlation (0.67) sits close to the 3-year figure. Over 5 years the correlation is 0.70, and the annualized covariance of weekly returns is 526.0 %².
Among the 49 assets we track against ABCB, TFSL ranks #33 by 3-year correlation. The last year tells two different stories: TFSL led by 19.3 percentage points, +16.9% for ABCB against +36.2% for TFSL.
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 TFSL: side by side
| ABCB (Ameris Bancorp) | TFSL (TFS Financial Corporation) | |
|---|---|---|
| 1-year return | +16.9% | +36.2% |
| 5-year return | +86.9% | +35.4% |
| Volatility (ann.) | 29.7% | 23.1% |
| Beta vs S&P 500 | 1.06 | 0.49 |
| Max drawdown (3Y) | -29.5% | -21.3% |
| Market cap | $5.7B | $5.0B |
| P/E (trailing) | 15.5 | 49.7 |
| Dividend yield | 0.93% | 6.31% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABCB | TFSL |
|---|---|---|
| 2022 | -3.8% | -13.0% |
| 2023 | +14.3% | +11.2% |
| 2024 | +19.4% | -6.7% |
| 2025 | +20.1% | +16.0% |
| 2026 | +15.5% | +39.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABCB and TFSL good diversifiers for each other?
To a limited degree. At 0.77 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ABCB and TFSL?
As of 2026-08-27, the correlation of weekly returns between ABCB and TFSL is 0.77 over 3 years, 0.67 over 1 year and 0.70 over 5 years.
Is TFSL a good diversifier for ABCB?
To a limited degree. At 0.77 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.77 mean?
On the −1 to +1 scale, 0.77 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-tfsl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/abcb-vs-tfsl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABCB correlations · TFSL correlations
