FIBK vs RM: Correlation
Measured on weekly returns over the past three years, First Interstate BancSystem, Inc. (FIBK) and Regional Management Corp. (RM) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FIBK and RM?
Across a 3-year window, the weekly returns of FIBK and RM correlate at 0.53, moderate. The link has loosened recently: the 1-year correlation (0.32) runs below the 3-year figure (0.53). Stretching to 5 years gives 0.45, with an annualized covariance of 616.8 %².
By 3-year correlation, RM places #11 of the 20 assets tracked against FIBK. The last year tells two different stories: FIBK led by 42.0 percentage points, +21.9% for FIBK against -20.1% for RM.
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.
FIBK vs RM: side by side
| FIBK (First Interstate BancSystem, Inc.) | RM (Regional Management Corp.) | |
|---|---|---|
| 1-year return | +21.9% | -20.1% |
| 5-year return | +13.8% | -32.6% |
| Volatility (ann.) | 30.3% | 38.2% |
| Beta vs S&P 500 | 0.98 | 0.91 |
| Max drawdown (3Y) | -31.8% | -31.0% |
| Market cap | $3.6B | $0.3B |
| P/E (trailing) | 11.5 | 6.9 |
| Dividend yield | 5.05% | 3.68% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FIBK | RM |
|---|---|---|
| 2022 | -0.8% | -49.6% |
| 2023 | -14.8% | -6.6% |
| 2024 | +12.9% | +41.5% |
| 2025 | +13.5% | +18.1% |
| 2026 | +11.8% | -13.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FIBK and RM good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between FIBK and RM?
As of 2026-08-27, the correlation of weekly returns between FIBK and RM is 0.53 over 3 years, 0.32 over 1 year and 0.45 over 5 years.
Is RM a good diversifier for FIBK?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 mean?
On the −1 to +1 scale, 0.53 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/fibk-vs-rm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fibk-vs-rm/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FIBK correlations · RM correlations
