AUB vs SBCF: Correlation
How closely do Atlantic Union Bankshares Corporation (AUB) and Seacoast Banking Corporation of Florida (SBCF) trade together? Their weekly returns over three years give a correlation of 0.88, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUB and SBCF?
Over the past 3 years, AUB and SBCF moved with a correlation of 0.88, which is 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. Over 5 years the correlation is 0.80, and the annualized covariance of weekly returns is 854.1 %².
By 3-year correlation, SBCF places #8 of the 50 assets tracked against AUB. The trailing year gives AUB the advantage: +19.0% versus +12.7%, a 6.3-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.
AUB vs SBCF: side by side
| AUB (Atlantic Union Bankshares Corporation) | SBCF (Seacoast Banking Corporation of Florida) | |
|---|---|---|
| 1-year return | +19.0% | +12.7% |
| 5-year return | +33.7% | +23.0% |
| Volatility (ann.) | 31.5% | 30.8% |
| Beta vs S&P 500 | 1.07 | 0.96 |
| Max drawdown (3Y) | -44.7% | -27.8% |
| Market cap | $5.8B | $3.3B |
| P/E (trailing) | 11.9 | 22.3 |
| Dividend yield | 3.56% | 2.18% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUB | SBCF |
|---|---|---|
| 2022 | -2.6% | -10.1% |
| 2023 | +8.1% | -6.0% |
| 2024 | +7.5% | -0.5% |
| 2025 | -2.7% | +17.1% |
| 2026 | +18.9% | +10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUB and SBCF good diversifiers for each other?
Not really. At 0.88, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between AUB and SBCF?
Using weekly returns as of 2026-08-27: 0.88 over 3 years, with 0.82 over the last year and 0.80 over 5 years.
Is SBCF a good diversifier for AUB?
Not really. At 0.88, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.88 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/aub-vs-sbcf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aub-vs-sbcf/)
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Related comparisons
Hubs: AUB correlations · SBCF correlations
