FSBC vs SBCF: Correlation
Measured on weekly returns over the past three years, Five Star Bancorp (FSBC) and Seacoast Banking Corporation of Florida (SBCF) carry a correlation of 0.81, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FSBC and SBCF?
On 3 years of weekly data the FSBC/SBCF correlation comes out at 0.81, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.73 lands near the 3-year figure. The 5-year figure is 0.66, and annualized covariance runs at 681.4 %².
By 3-year correlation, SBCF places #5 of the 18 assets tracked against FSBC. Their recent paths diverged sharply: over the last 12 months FSBC outperformed by 27.9 percentage points (+40.6% for FSBC against +12.7% for SBCF).
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.
FSBC vs SBCF: side by side
| FSBC (Five Star Bancorp) | SBCF (Seacoast Banking Corporation of Florida) | |
|---|---|---|
| 1-year return | +40.6% | +12.7% |
| 5-year return | +117.2% | +23.0% |
| Volatility (ann.) | 27.1% | 30.8% |
| Beta vs S&P 500 | 0.82 | 0.96 |
| Max drawdown (3Y) | -24.5% | -27.8% |
| Market cap | $1.1B | $3.3B |
| P/E (trailing) | 13.4 | 22.3 |
| Dividend yield | 2.10% | 2.18% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FSBC | SBCF |
|---|---|---|
| 2022 | -7.2% | -10.1% |
| 2023 | -0.6% | -6.0% |
| 2024 | +18.6% | -0.5% |
| 2025 | +22.1% | +17.1% |
| 2026 | +28.8% | +10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FSBC and SBCF good diversifiers for each other?
Not really. At 0.81, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between FSBC and SBCF?
As of 2026-08-27, the correlation of weekly returns between FSBC and SBCF is 0.81 over 3 years, 0.73 over 1 year and 0.66 over 5 years.
Is SBCF a good diversifier for FSBC?
Not really. At 0.81, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.81 mean?
A reading of 0.81 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/fsbc-vs-sbcf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fsbc-vs-sbcf/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FSBC correlations · SBCF correlations
