BY vs USCB: Correlation
Measured on weekly returns over the past three years, Byline Bancorp, Inc. (BY) and USCB Financial Holdings, Inc. (USCB) carry a correlation of 0.75, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BY and USCB?
Over the past 3 years, BY and USCB moved with a correlation of 0.75, which is strong. Recent behaviour matches the longer record: 0.74 over 1 year against 0.75 over 3. Over 5 years the correlation is 0.58, and the annualized covariance of weekly returns is 678.5 %².
Within BY's tracked universe of 70 assets, USCB comes in at #45 by 3-year correlation. Neither side won the trailing year by much: +32.5% against +31.7%.
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.
BY vs USCB: side by side
| BY (Byline Bancorp, Inc.) | USCB (USCB Financial Holdings, Inc.) | |
|---|---|---|
| 1-year return | +32.5% | +31.7% |
| 5-year return | +66.2% | +84.4% |
| Volatility (ann.) | 26.8% | 33.8% |
| Beta vs S&P 500 | 0.80 | 0.84 |
| Max drawdown (3Y) | -27.2% | -23.2% |
| Market cap | $1.7B | $0.4B |
| P/E (trailing) | 11.5 | 14.3 |
| Dividend yield | 1.15% | 2.02% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BY | USCB |
|---|---|---|
| 2022 | -14.7% | -12.9% |
| 2023 | +4.3% | +0.4% |
| 2024 | +25.0% | +47.0% |
| 2025 | +2.0% | +6.1% |
| 2026 | +32.7% | +23.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BY and USCB good diversifiers for each other?
Only partially. A correlation of 0.75 means BY and USCB share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between BY and USCB?
The BY/USCB correlation stands at 0.75 on a 3-year window (1 year: 0.74, 5 years: 0.58), computed from weekly returns as of 2026-08-27.
Is USCB a good diversifier for BY?
Only partially. A correlation of 0.75 means BY and USCB share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.75 mean?
On the −1 to +1 scale, 0.75 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/by-vs-uscb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/by-vs-uscb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BY correlations · USCB correlations
