EFSC vs TBBK: Correlation
How closely do Enterprise Financial Services Corporation (EFSC) and The Bancorp, Inc. (TBBK) trade together? Their weekly returns over three years give a correlation of 0.69, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EFSC and TBBK?
Over the past 3 years, EFSC and TBBK moved with a correlation of 0.69, which is strong. Little has changed lately, as the 1-year reading of 0.61 lands near the 3-year figure. Over 5 years the correlation is 0.69, and the annualized covariance of weekly returns is 764.4 %².
By 3-year correlation, TBBK places #15 of the 23 assets tracked against EFSC. Correlation aside, the last 12 months split them widely, with EFSC ahead by 18.9 points (+5.3% versus -13.6%). Risk is not evenly split, since TBBK 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.
EFSC vs TBBK: side by side
| EFSC (Enterprise Financial Services Corporation) | TBBK (The Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +5.3% | -13.6% |
| 5-year return | +59.0% | +172.1% |
| Volatility (ann.) | 26.9% | 41.2% |
| Beta vs S&P 500 | 0.66 | 1.08 |
| Max drawdown (3Y) | -25.0% | -36.3% |
| Market cap | $2.3B | $2.7B |
| P/E (trailing) | 12.6 | 12.5 |
| Dividend yield | 2.05% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EFSC | TBBK |
|---|---|---|
| 2022 | +6.0% | +12.1% |
| 2023 | -6.6% | +35.9% |
| 2024 | +29.3% | +36.5% |
| 2025 | -2.1% | +28.3% |
| 2026 | +18.9% | -1.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EFSC and TBBK good diversifiers for each other?
Only partially. A correlation of 0.69 means EFSC and TBBK 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 EFSC and TBBK?
The EFSC/TBBK correlation stands at 0.69 on a 3-year window (1 year: 0.61, 5 years: 0.69), computed from weekly returns as of 2026-08-27.
Is TBBK a good diversifier for EFSC?
Only partially. A correlation of 0.69 means EFSC and TBBK share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.69 mean?
On the −1 to +1 scale, 0.69 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/efsc-vs-tbbk.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/efsc-vs-tbbk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EFSC correlations · TBBK correlations
