PairBook
HomeAUB › AUB vs SFBS

AUB vs SFBS: Correlation

Atlantic Union Bankshares Corporation (AUB) and ServisFirst Bancshares, Inc. (SFBS) show a very strong relationship: their 3-year correlation of weekly returns is 0.85.

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

Correlation (3Y)
0.85
very strong
Correlation (1Y)
0.80
last 12 months
Correlation (5Y)
0.72
long-run
Ann. covariance
911.3
%² · weekly, annualized

How correlated are AUB and SFBS?

Across a 3-year window, the weekly returns of AUB and SFBS correlate at 0.85, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.80 lands near the 3-year figure. Stretching to 5 years gives 0.72, with an annualized covariance of 911.3 %².

By 3-year correlation, SFBS places #16 of the 50 assets tracked against AUB. The last year tells two different stories: AUB led by 19.8 percentage points, +19.0% for AUB 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.

AUB vs SFBS: side by side

AUB (Atlantic Union Bankshares Corporation)SFBS (ServisFirst Bancshares, Inc.)
1-year return+19.0%-0.8%
5-year return+33.7%+29.4%
Volatility (ann.)31.5%34.1%
Beta vs S&P 5001.070.96
Max drawdown (3Y)-44.7%-30.4%
Market cap$5.8B$4.7B
P/E (trailing)11.914.7
Dividend yield3.56%1.70%
Sector / categoryUS ListedUS Listed
Lower P/E: AUB 11.9 vs 14.7Higher yield: AUB 3.56% vs 1.70%Smaller drawdown: SFBS -30.4% vs -44.7%Higher 5y return: AUB +33.7% vs +29.4%
-19%0%+25%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. AUB · SFBS

Year-by-year returns

YearAUBSFBS
2022-2.6%-17.9%
2023+8.1%-1.2%
2024+7.5%+28.8%
2025-2.7%-13.9%
2026+18.9%+22.1%

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

Are AUB and SFBS good diversifiers for each other?

No. With a correlation of 0.85, AUB and SFBS move nearly in lockstep, so holding both adds very little diversification.

FAQ

What is the correlation between AUB and SFBS?

The AUB/SFBS correlation stands at 0.85 on a 3-year window (1 year: 0.80, 5 years: 0.72), computed from weekly returns as of 2026-08-27.

Is SFBS a good diversifier for AUB?

No. With a correlation of 0.85, AUB and SFBS move nearly in lockstep, so holding both adds very little diversification.

What does a correlation of 0.85 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/aub-vs-sfbs.json

AUB vs SFBS: 3-year weekly correlation 0.85AUB vs SFBS0.85

Drop this badge in a README or notebook; it updates with the data:

[![AUB vs SFBS correlation](https://www.pairbook.io/api/v1/badge/aub-vs-sfbs.svg)](https://www.pairbook.io/pair/aub-vs-sfbs/)

The core API is free. Terms and every endpoint in the API documentation.

Related comparisons

Hubs: AUB correlations · SFBS correlations