AMTB vs WSBC: Correlation
Amerant Bancorp Inc. (AMTB) and WesBanco, Inc. (WSBC) show a very strong relationship: their 3-year correlation of weekly returns is 0.80.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMTB and WSBC?
Across a 3-year window, the weekly returns of AMTB and WSBC correlate at 0.80, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.72) sits close to the 3-year figure. Stretching to 5 years gives 0.72, with an annualized covariance of 785.9 %².
WSBC is one of the assets that tracks AMTB most closely: it ranks #1 out of the 11 assets we track against AMTB. The trailing year gives AMTB the advantage: +36.7% versus +28.6%, a 8.1-point spread.
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.
AMTB vs WSBC: side by side
| AMTB (Amerant Bancorp Inc.) | WSBC (WesBanco, Inc.) | |
|---|---|---|
| 1-year return | +36.7% | +28.6% |
| 5-year return | +17.3% | +48.2% |
| Volatility (ann.) | 34.6% | 28.3% |
| Beta vs S&P 500 | 0.99 | 0.77 |
| Max drawdown (3Y) | -36.9% | -26.9% |
| Market cap | $1.1B | $3.9B |
| P/E (trailing) | 20.6 | 11.5 |
| Dividend yield | 1.26% | 3.73% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMTB | WSBC |
|---|---|---|
| 2022 | -21.4% | +9.9% |
| 2023 | -6.8% | -10.9% |
| 2024 | -7.3% | +8.8% |
| 2025 | -11.3% | +7.0% |
| 2026 | +49.4% | +24.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMTB and WSBC good diversifiers for each other?
Not really. At 0.80, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between AMTB and WSBC?
The AMTB/WSBC correlation stands at 0.80 on a 3-year window (1 year: 0.72, 5 years: 0.72), computed from weekly returns as of 2026-08-27.
Is WSBC a good diversifier for AMTB?
Not really. At 0.80, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.80 mean?
A reading of 0.80 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/amtb-vs-wsbc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amtb-vs-wsbc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMTB correlations · WSBC correlations
