EGBN vs SFBS: Correlation
Measured on weekly returns over the past three years, Eagle Bancorp, Inc. (EGBN) and ServisFirst Bancshares, Inc. (SFBS) carry a correlation of 0.71, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EGBN and SFBS?
Across a 3-year window, the weekly returns of EGBN and SFBS correlate at 0.71, strong. The past 12 months show a weaker link (0.59) than the 3-year average (0.71). Stretching to 5 years gives 0.67, with an annualized covariance of 1045.6 %².
Within EGBN's tracked universe of 10 assets, SFBS comes in at #5 by 3-year correlation. The last year tells two different stories: EGBN led by 43.3 percentage points, +42.5% for EGBN against -0.8% for SFBS.
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.
EGBN vs SFBS: side by side
| EGBN (Eagle Bancorp, Inc.) | SFBS (ServisFirst Bancshares, Inc.) | |
|---|---|---|
| 1-year return | +42.5% | -0.8% |
| 5-year return | -41.4% | +29.4% |
| Volatility (ann.) | 43.4% | 34.1% |
| Beta vs S&P 500 | 0.65 | 0.96 |
| Max drawdown (3Y) | -46.0% | -30.4% |
| Market cap | $0.8B | $4.7B |
| P/E (trailing) | – | 14.7 |
| Dividend yield | 0.14% | 1.70% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EGBN | SFBS |
|---|---|---|
| 2022 | -21.9% | -17.9% |
| 2023 | -27.0% | -1.2% |
| 2024 | -7.9% | +28.8% |
| 2025 | -15.6% | -13.9% |
| 2026 | +29.1% | +22.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EGBN and SFBS good diversifiers for each other?
To a limited degree. At 0.71 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 EGBN and SFBS?
The EGBN/SFBS correlation stands at 0.71 on a 3-year window (1 year: 0.59, 5 years: 0.67), computed from weekly returns as of 2026-08-27.
Is SFBS a good diversifier for EGBN?
To a limited degree. At 0.71 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 0.71 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/egbn-vs-sfbs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/egbn-vs-sfbs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EGBN correlations · SFBS correlations
