FBK vs FULT: Correlation
FB Financial Corporation (FBK) and Fulton Financial Corporation (FULT) show a very strong relationship: their 3-year correlation of weekly returns is 0.86.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FBK and FULT?
Across a 3-year window, the weekly returns of FBK and FULT correlate at 0.86, very strong, meaning they move nearly in lockstep. The past 12 months show a weaker link (0.72) than the 3-year average (0.86). Stretching to 5 years gives 0.83, with an annualized covariance of 787.8 %².
Within FBK's tracked universe of 10 assets, FULT comes in at #4 by 3-year correlation. The last year tells two different stories: FULT led by 15.2 percentage points, +8.9% for FBK against +24.1% for FULT.
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.
FBK vs FULT: side by side
| FBK (FB Financial Corporation) | FULT (Fulton Financial Corporation) | |
|---|---|---|
| 1-year return | +8.9% | +24.1% |
| 5-year return | +53.1% | +85.0% |
| Volatility (ann.) | 30.3% | 30.3% |
| Beta vs S&P 500 | 0.94 | 1.03 |
| Max drawdown (3Y) | -30.6% | -29.9% |
| Market cap | $2.9B | $4.5B |
| P/E (trailing) | 15.3 | 11.4 |
| Dividend yield | 1.39% | 3.15% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FBK | FULT |
|---|---|---|
| 2022 | -16.5% | +3.1% |
| 2023 | +12.3% | +2.5% |
| 2024 | +31.4% | +21.9% |
| 2025 | +10.0% | +4.3% |
| 2026 | +4.4% | +25.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FBK and FULT good diversifiers for each other?
Not really. At 0.86, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between FBK and FULT?
As of 2026-08-27, the correlation of weekly returns between FBK and FULT is 0.86 over 3 years, 0.72 over 1 year and 0.83 over 5 years.
Is FULT a good diversifier for FBK?
Not really. At 0.86, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.86 mean?
A reading of 0.86 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/fbk-vs-fult.json
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[](https://www.pairbook.io/pair/fbk-vs-fult/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FBK correlations · FULT correlations
