CBNK vs CFFI: Correlation
Capital Bancorp, Inc. (CBNK) and C&F Financial Corporation (CFFI) show a strong relationship: their 3-year correlation of weekly returns is 0.65.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CBNK and CFFI?
On 3 years of weekly data the CBNK/CFFI correlation comes out at 0.65, strong. Little has changed lately, as the 1-year reading of 0.56 lands near the 3-year figure. The 5-year figure is 0.50, and annualized covariance runs at 648.7 %².
By 3-year correlation, CFFI places #7 of the 18 assets tracked against CBNK. Their recent paths diverged sharply: over the last 12 months CFFI outperformed by 22.4 percentage points (+7.3% for CBNK against +29.7% for CFFI).
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.
CBNK vs CFFI: side by side
| CBNK (Capital Bancorp, Inc.) | CFFI (C&F Financial Corporation) | |
|---|---|---|
| 1-year return | +7.3% | +29.7% |
| 5-year return | +69.0% | +96.2% |
| Volatility (ann.) | 27.3% | 36.7% |
| Beta vs S&P 500 | 0.63 | 0.73 |
| Max drawdown (3Y) | -24.8% | -50.7% |
| Market cap | $0.6B | $0.3B |
| P/E (trailing) | 10.7 | 10.1 |
| Dividend yield | 1.32% | 2.05% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CBNK | CFFI |
|---|---|---|
| 2022 | -9.3% | +17.5% |
| 2023 | +4.3% | +20.7% |
| 2024 | +19.7% | +7.8% |
| 2025 | +0.3% | +4.6% |
| 2026 | +30.5% | +26.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CBNK and CFFI good diversifiers for each other?
To a limited degree. At 0.65 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 CBNK and CFFI?
As of 2026-08-27, the correlation of weekly returns between CBNK and CFFI is 0.65 over 3 years, 0.56 over 1 year and 0.50 over 5 years.
Is CFFI a good diversifier for CBNK?
To a limited degree. At 0.65 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 0.65 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/cbnk-vs-cffi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cbnk-vs-cffi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CBNK correlations · CFFI correlations
