CIVB vs EFSC: Correlation
How closely do Civista Bancshares, Inc. (CIVB) and Enterprise Financial Services Corporation (EFSC) trade together? Their weekly returns over three years give a correlation of 0.77, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CIVB and EFSC?
On 3 years of weekly data the CIVB/EFSC correlation comes out at 0.77, strong. Little has changed lately, as the 1-year reading of 0.80 lands near the 3-year figure. The 5-year figure is 0.71, and annualized covariance runs at 673.2 %².
By 3-year correlation, EFSC places #4 of the 11 assets tracked against CIVB. The last year tells two different stories: CIVB led by 29.9 percentage points, +35.2% for CIVB against +5.3% for EFSC.
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.
CIVB vs EFSC: side by side
| CIVB (Civista Bancshares, Inc.) | EFSC (Enterprise Financial Services Corporation) | |
|---|---|---|
| 1-year return | +35.2% | +5.3% |
| 5-year return | +39.0% | +59.0% |
| Volatility (ann.) | 32.4% | 26.9% |
| Beta vs S&P 500 | 0.71 | 0.66 |
| Max drawdown (3Y) | -25.2% | -25.0% |
| Market cap | $0.6B | $2.3B |
| P/E (trailing) | 10.2 | 12.6 |
| Dividend yield | 2.56% | 2.05% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CIVB | EFSC |
|---|---|---|
| 2022 | -7.5% | +6.0% |
| 2023 | -13.2% | -6.6% |
| 2024 | +18.7% | +29.3% |
| 2025 | +9.1% | -2.1% |
| 2026 | +26.0% | +18.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CIVB and EFSC good diversifiers for each other?
To a limited degree. At 0.77 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 CIVB and EFSC?
The CIVB/EFSC correlation stands at 0.77 on a 3-year window (1 year: 0.80, 5 years: 0.71), computed from weekly returns as of 2026-08-27.
Is EFSC a good diversifier for CIVB?
To a limited degree. At 0.77 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 0.77 mean?
On the −1 to +1 scale, 0.77 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/civb-vs-efsc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/civb-vs-efsc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CIVB correlations · EFSC correlations
