DCOM vs EGBN: Correlation
Measured on weekly returns over the past three years, Dime Commercial Bancshares, Inc. (DCOM) and Eagle Bancorp, Inc. (EGBN) carry a correlation of 0.72, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DCOM and EGBN?
On 3 years of weekly data the DCOM/EGBN correlation comes out at 0.72, strong. The relationship has been stable: the 1-year correlation (0.68) sits close to the 3-year figure. The 5-year figure is 0.72, and annualized covariance runs at 1043.5 %².
Within DCOM's tracked universe of 15 assets, EGBN comes in at #7 by 3-year correlation. The trailing year gives EGBN the advantage: +36.1% versus +42.5%, a 6.4-point spread.
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.
DCOM vs EGBN: side by side
| DCOM (Dime Commercial Bancshares, Inc.) | EGBN (Eagle Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +36.1% | +42.5% |
| 5-year return | +46.6% | -41.4% |
| Volatility (ann.) | 33.3% | 43.4% |
| Beta vs S&P 500 | 0.87 | 0.65 |
| Max drawdown (3Y) | -36.0% | -46.0% |
| Market cap | $1.8B | $0.8B |
| P/E (trailing) | 14.6 | – |
| Dividend yield | 2.48% | 0.14% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DCOM | EGBN |
|---|---|---|
| 2022 | -6.8% | -21.9% |
| 2023 | -11.5% | -27.0% |
| 2024 | +19.0% | -7.9% |
| 2025 | +1.4% | -15.6% |
| 2026 | +37.1% | +29.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DCOM and EGBN good diversifiers for each other?
Only partially. A correlation of 0.72 means DCOM and EGBN 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 DCOM and EGBN?
As of 2026-08-27, the correlation of weekly returns between DCOM and EGBN is 0.72 over 3 years, 0.68 over 1 year and 0.72 over 5 years.
Is EGBN a good diversifier for DCOM?
Only partially. A correlation of 0.72 means DCOM and EGBN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.72 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/dcom-vs-egbn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dcom-vs-egbn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DCOM correlations · EGBN correlations
