EBMT vs PFS: Correlation
How closely do Eagle Bancorp Montana, Inc. (EBMT) and Provident Financial Services, Inc (PFS) trade together? Their weekly returns over three years give a correlation of 0.66, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EBMT and PFS?
Across a 3-year window, the weekly returns of EBMT and PFS correlate at 0.66, strong. Recent behaviour matches the longer record: 0.76 over 1 year against 0.66 over 3. Stretching to 5 years gives 0.54, with an annualized covariance of 509.5 %².
Among the 12 assets we track against EBMT, PFS ranks #5 by 3-year correlation. Over the last 12 months EBMT came out ahead by 8.3 percentage points (+32.2% against +23.9%).
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.
EBMT vs PFS: side by side
| EBMT (Eagle Bancorp Montana, Inc.) | PFS (Provident Financial Services, Inc) | |
|---|---|---|
| 1-year return | +32.2% | +23.9% |
| 5-year return | +21.5% | +37.5% |
| Volatility (ann.) | 25.2% | 30.4% |
| Beta vs S&P 500 | 0.51 | 0.87 |
| Max drawdown (3Y) | -22.2% | -31.3% |
| Market cap | $0.2B | $3.1B |
| P/E (trailing) | 11.0 | 9.8 |
| Dividend yield | 2.56% | 2.04% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EBMT | PFS |
|---|---|---|
| 2022 | -27.8% | -8.0% |
| 2023 | +1.9% | -10.8% |
| 2024 | +1.1% | +10.7% |
| 2025 | +34.4% | +10.2% |
| 2026 | +14.8% | +23.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EBMT and PFS good diversifiers for each other?
Only partially. A correlation of 0.66 means EBMT and PFS 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 EBMT and PFS?
The EBMT/PFS correlation stands at 0.66 on a 3-year window (1 year: 0.76, 5 years: 0.54), computed from weekly returns as of 2026-08-27.
Is PFS a good diversifier for EBMT?
Only partially. A correlation of 0.66 means EBMT and PFS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.66 mean?
A reading of 0.66 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ebmt-vs-pfs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ebmt-vs-pfs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EBMT correlations · PFS correlations
