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
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 500 | 1.07 | 0.96 |
| Max drawdown (3Y) | -44.7% | -30.4% |
| Market cap | $5.8B | $4.7B |
| P/E (trailing) | 11.9 | 14.7 |
| Dividend yield | 3.56% | 1.70% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUB | SFBS |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/aub-vs-sfbs.json
Drop this badge in a README or notebook; it updates with the data:
[](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