BBT vs WSBC: Correlation
Measured on weekly returns over the past three years, Beacon Financial Corporation (BBT) and WesBanco, Inc. (WSBC) carry a correlation of 0.85, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBT and WSBC?
On 3 years of weekly data the BBT/WSBC correlation comes out at 0.85, very strong, meaning they move nearly in lockstep. The past 12 months show a weaker link (0.68) than the 3-year average (0.85). The 5-year figure is 0.80, and annualized covariance runs at 698.8 %².
Few assets follow BBT as closely as WSBC, which ranks #2 of 14 tracked partners. Twelve-month performance is nearly a tie, at +24.4% for BBT and +28.6% for WSBC.
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.
BBT vs WSBC: side by side
| BBT (Beacon Financial Corporation) | WSBC (WesBanco, Inc.) | |
|---|---|---|
| 1-year return | +24.4% | +28.6% |
| 5-year return | +46.9% | +48.2% |
| Volatility (ann.) | 29.2% | 28.3% |
| Beta vs S&P 500 | 0.73 | 0.77 |
| Max drawdown (3Y) | -26.4% | -26.9% |
| Market cap | $2.6B | $3.9B |
| P/E (trailing) | 10.3 | 11.5 |
| Dividend yield | 4.07% | 3.73% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBT | WSBC |
|---|---|---|
| 2022 | +7.2% | +9.9% |
| 2023 | -14.3% | -10.9% |
| 2024 | +17.9% | +8.8% |
| 2025 | -4.2% | +7.0% |
| 2026 | +23.5% | +24.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBT and WSBC good diversifiers for each other?
No: a correlation of 0.85 means BBT and WSBC tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between BBT and WSBC?
The BBT/WSBC correlation stands at 0.85 on a 3-year window (1 year: 0.68, 5 years: 0.80), computed from weekly returns as of 2026-08-27.
Is WSBC a good diversifier for BBT?
No: a correlation of 0.85 means BBT and WSBC tend to fall together, which is precisely when diversification is supposed to help.
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/bbt-vs-wsbc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bbt-vs-wsbc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BBT correlations · WSBC correlations
