BANC vs GBFH: Correlation
How closely do Banc of California, Inc. (BANC) and GBank Financial Holdings Inc. (GBFH) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BANC and GBFH?
On 3 years of weekly data the BANC/GBFH correlation comes out at 0.49, moderate. The link has tightened recently: the 1-year correlation (0.60) runs above the 3-year figure (0.49). The 5-year figure is n/a, and annualized covariance runs at 694.5 %².
By 3-year correlation, GBFH places #7 of the 14 assets tracked against BANC. Correlation aside, the last 12 months split them widely, with BANC ahead by 65.2 points (+14.7% versus -50.5%).
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.
BANC vs GBFH: side by side
| BANC (Banc of California, Inc.) | GBFH (GBank Financial Holdings Inc.) | |
|---|---|---|
| 1-year return | +14.7% | -50.5% |
| 5-year return | +18.5% | n/a |
| Volatility (ann.) | 33.4% | 49.3% |
| Beta vs S&P 500 | 1.08 | 1.11 |
| Max drawdown (3Y) | -31.2% | -53.8% |
| Market cap | $3.0B | $0.3B |
| P/E (trailing) | – | 15.9 |
| Dividend yield | 2.34% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BANC | GBFH |
|---|---|---|
| 2022 | -17.7% | – |
| 2023 | -13.0% | – |
| 2024 | +18.3% | – |
| 2025 | +28.0% | -21.2% |
| 2026 | -1.6% | -40.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BANC and GBFH good diversifiers for each other?
Reasonably. At 0.49, BANC and GBFH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BANC and GBFH?
The BANC/GBFH correlation stands at 0.49 on a 3-year window (1 year: 0.60, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is GBFH a good diversifier for BANC?
Reasonably. At 0.49, BANC and GBFH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 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/banc-vs-gbfh.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/banc-vs-gbfh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BANC correlations · GBFH correlations
