CUBI vs THFF: Correlation
Customers Bancorp, Inc (CUBI) and First Financial Corporation (THFF) show a strong relationship: their 3-year correlation of weekly returns is 0.78.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CUBI and THFF?
On 3 years of weekly data the CUBI/THFF correlation comes out at 0.78, strong. Recent behaviour matches the longer record: 0.72 over 1 year against 0.78 over 3. The 5-year figure is 0.68, and annualized covariance runs at 925.3 %².
In CUBI's tracked universe of 12 assets, THFF sits right near the top at #2. The last year tells two different stories: THFF led by 27.6 percentage points, +11.2% for CUBI against +38.8% for THFF. Risk is not evenly split, since CUBI carries 1.5 times the volatility of the other side.
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.
CUBI vs THFF: side by side
| CUBI (Customers Bancorp, Inc) | THFF (First Financial Corporation) | |
|---|---|---|
| 1-year return | +11.2% | +38.8% |
| 5-year return | +93.6% | +135.2% |
| Volatility (ann.) | 42.3% | 28.2% |
| Beta vs S&P 500 | 1.17 | 0.81 |
| Max drawdown (3Y) | -36.1% | -20.2% |
| Market cap | $2.7B | $0.9B |
| P/E (trailing) | 9.5 | 11.1 |
| Dividend yield | 0.00% | 2.77% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CUBI | THFF |
|---|---|---|
| 2022 | -56.6% | +4.4% |
| 2023 | +103.3% | -2.6% |
| 2024 | -15.5% | +11.1% |
| 2025 | +50.2% | +36.2% |
| 2026 | +8.1% | +35.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CUBI and THFF good diversifiers for each other?
Somewhat, no more. With 0.78 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CUBI and THFF?
Using weekly returns as of 2026-08-27: 0.78 over 3 years, with 0.72 over the last year and 0.68 over 5 years.
Is THFF a good diversifier for CUBI?
Somewhat, no more. With 0.78 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.78 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
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Related comparisons
Hubs: CUBI correlations · THFF correlations
