BUSE vs FRST: Correlation
Measured on weekly returns over the past three years, First Busey Corporation (BUSE) and Primis Financial Corp. (FRST) carry a correlation of 0.79, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BUSE and FRST?
Across a 3-year window, the weekly returns of BUSE and FRST correlate at 0.79, strong. Little has changed lately, as the 1-year reading of 0.72 lands near the 3-year figure. Stretching to 5 years gives 0.73, with an annualized covariance of 703.3 %².
By 3-year correlation, FRST places #24 of the 38 assets tracked against BUSE. Their recent paths diverged sharply: over the last 12 months FRST outperformed by 18.7 percentage points (+27.5% for BUSE against +46.2% for FRST).
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.
BUSE vs FRST: side by side
| BUSE (First Busey Corporation) | FRST (Primis Financial Corp.) | |
|---|---|---|
| 1-year return | +27.5% | +46.2% |
| 5-year return | +56.7% | +26.9% |
| Volatility (ann.) | 26.7% | 33.3% |
| Beta vs S&P 500 | 0.79 | 0.88 |
| Max drawdown (3Y) | -31.0% | -39.3% |
| Market cap | $2.5B | $0.4B |
| P/E (trailing) | 12.3 | 7.4 |
| Dividend yield | 3.39% | 2.48% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BUSE | FRST |
|---|---|---|
| 2022 | -5.5% | -18.8% |
| 2023 | +5.1% | +11.5% |
| 2024 | -1.2% | -4.7% |
| 2025 | +5.5% | +23.9% |
| 2026 | +30.7% | +16.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BUSE and FRST good diversifiers for each other?
To a limited degree. At 0.79 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 BUSE and FRST?
The BUSE/FRST correlation stands at 0.79 on a 3-year window (1 year: 0.72, 5 years: 0.73), computed from weekly returns as of 2026-08-27.
Is FRST a good diversifier for BUSE?
To a limited degree. At 0.79 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 0.79 mean?
On the −1 to +1 scale, 0.79 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/buse-vs-frst.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/buse-vs-frst/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BUSE correlations · FRST correlations
