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AUB vs TBBK: Correlation

Measured on weekly returns over the past three years, Atlantic Union Bankshares Corporation (AUB) and The Bancorp, Inc. (TBBK) carry a correlation of 0.69, a strong link.

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

Correlation (3Y)
0.69
strong
Correlation (1Y)
0.68
last 12 months
Correlation (5Y)
0.60
long-run
Ann. covariance
902.0
%² · weekly, annualized

How correlated are AUB and TBBK?

On 3 years of weekly data the AUB/TBBK correlation comes out at 0.69, strong. Little has changed lately, as the 1-year reading of 0.68 lands near the 3-year figure. The 5-year figure is 0.60, and annualized covariance runs at 902.0 %².

By 3-year correlation, TBBK places #28 of the 50 assets tracked against AUB. The last year tells two different stories: AUB led by 32.6 percentage points, +19.0% for AUB against -13.6% for TBBK.

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 TBBK: side by side

AUB (Atlantic Union Bankshares Corporation)TBBK (The Bancorp, Inc.)
1-year return+19.0%-13.6%
5-year return+33.7%+172.1%
Volatility (ann.)31.5%41.2%
Beta vs S&P 5001.071.08
Max drawdown (3Y)-44.7%-36.3%
Market cap$5.8B$2.7B
P/E (trailing)11.912.5
Dividend yield3.56%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: AUB 11.9 vs 12.5Higher yield: AUB 3.56% vs 0.00%Smaller drawdown: TBBK -36.3% vs -44.7%Higher 5y return: TBBK +172.1% vs +33.7%
-32%0%+25%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). AUB · TBBK

Year-by-year returns

YearAUBTBBK
2022-2.6%+12.1%
2023+8.1%+35.9%
2024+7.5%+36.5%
2025-2.7%+28.3%
2026+18.9%-1.6%

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

Are AUB and TBBK good diversifiers for each other?

To a limited degree. At 0.69 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 AUB and TBBK?

Using weekly returns as of 2026-08-27: 0.69 over 3 years, with 0.68 over the last year and 0.60 over 5 years.

Is TBBK a good diversifier for AUB?

To a limited degree. At 0.69 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 0.69 mean?

On the −1 to +1 scale, 0.69 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.

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AUB vs TBBK: 3-year weekly correlation 0.69AUB vs TBBK0.69

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Hubs: AUB correlations · TBBK correlations