FSBC vs VBNK: Correlation
Measured on weekly returns over the past three years, Five Star Bancorp (FSBC) and VersaBank (VBNK) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FSBC and VBNK?
On 3 years of weekly data the FSBC/VBNK correlation comes out at 0.44, moderate. Recent behaviour matches the longer record: 0.43 over 1 year against 0.44 over 3. The 5-year figure is 0.33, and annualized covariance runs at 488.4 %².
By 3-year correlation, VBNK places #13 of the 18 assets tracked against FSBC. The last year tells two different stories: VBNK led by 42.5 percentage points, +40.6% for FSBC against +83.1% for VBNK.
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 VBNK: side by side
| FSBC (Five Star Bancorp) | VBNK (VersaBank) | |
|---|---|---|
| 1-year return | +40.6% | +83.1% |
| 5-year return | +117.2% | +102.0% |
| Volatility (ann.) | 27.1% | 40.6% |
| Beta vs S&P 500 | 0.82 | 0.80 |
| Max drawdown (3Y) | -24.5% | -50.5% |
| Market cap | $1.1B | $0.7B |
| P/E (trailing) | 13.4 | 30.1 |
| Dividend yield | 2.10% | 0.50% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FSBC | VBNK |
|---|---|---|
| 2022 | -7.2% | -36.2% |
| 2023 | -0.6% | +47.0% |
| 2024 | +18.6% | +27.3% |
| 2025 | +22.1% | +8.8% |
| 2026 | +28.8% | +37.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FSBC and VBNK good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FSBC and VBNK?
The FSBC/VBNK correlation stands at 0.44 on a 3-year window (1 year: 0.43, 5 years: 0.33), computed from weekly returns as of 2026-08-27.
Is VBNK a good diversifier for FSBC?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
A reading of 0.44 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-vbnk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fsbc-vs-vbnk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FSBC correlations · VBNK correlations
