FNB vs RF: Correlation
Measured on weekly returns over the past three years, F.N.B. Corporation (FNB) and Regions Financial Corporation (RF) carry a correlation of 0.87, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FNB and RF?
On 3 years of weekly data the FNB/RF correlation comes out at 0.87, very strong, meaning they move nearly in lockstep. Recent behaviour matches the longer record: 0.89 over 1 year against 0.87 over 3. The 5-year figure is 0.83, and annualized covariance runs at 693.4 %².
By 3-year correlation, RF places #15 of the 53 assets tracked against FNB. Twelve-month performance is nearly a tie, at +13.4% for FNB and +15.4% for RF.
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.
FNB vs RF: side by side
| FNB (F.N.B. Corporation) | RF (Regions Financial Corporation) | |
|---|---|---|
| 1-year return | +13.4% | +15.4% |
| 5-year return | +91.1% | +83.5% |
| Volatility (ann.) | 27.4% | 29.2% |
| Beta vs S&P 500 | 1.03 | 1.09 |
| Max drawdown (3Y) | -32.6% | -31.9% |
| Market cap | $6.6B | $25.9B |
| P/E (trailing) | 11.0 | 12.4 |
| Dividend yield | 2.65% | 3.45% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | FNB | RF |
|---|---|---|
| 2022 | +11.7% | +2.3% |
| 2023 | +9.8% | -5.7% |
| 2024 | +11.0% | +27.0% |
| 2025 | +19.4% | +20.2% |
| 2026 | +9.7% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FNB and RF good diversifiers for each other?
Not really. At 0.87, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between FNB and RF?
Using weekly returns as of 2026-08-27: 0.87 over 3 years, with 0.89 over the last year and 0.83 over 5 years.
Is RF a good diversifier for FNB?
Not really. At 0.87, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.87 mean?
A reading of 0.87 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/fnb-vs-rf.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fnb-vs-rf/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FNB correlations · RF correlations
