FULT vs TBBK: Correlation
Measured on weekly returns over the past three years, Fulton Financial Corporation (FULT) and The Bancorp, Inc. (TBBK) carry a correlation of 0.69, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FULT and TBBK?
Across a 3-year window, the weekly returns of FULT and TBBK correlate at 0.69, strong. Little has changed lately, as the 1-year reading of 0.68 lands near the 3-year figure. Stretching to 5 years gives 0.66, with an annualized covariance of 860.7 %².
Among the 45 assets we track against FULT, TBBK ranks #38 by 3-year correlation. The last year tells two different stories: FULT led by 37.7 percentage points, +24.1% for FULT against -13.6% for TBBK.
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.
FULT vs TBBK: side by side
| FULT (Fulton Financial Corporation) | TBBK (The Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +24.1% | -13.6% |
| 5-year return | +85.0% | +172.1% |
| Volatility (ann.) | 30.3% | 41.2% |
| Beta vs S&P 500 | 1.03 | 1.08 |
| Max drawdown (3Y) | -29.9% | -36.3% |
| Market cap | $4.5B | $2.7B |
| P/E (trailing) | 11.4 | 12.5 |
| Dividend yield | 3.15% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FULT | TBBK |
|---|---|---|
| 2022 | +3.1% | +12.1% |
| 2023 | +2.5% | +35.9% |
| 2024 | +21.9% | +36.5% |
| 2025 | +4.3% | +28.3% |
| 2026 | +25.0% | -1.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FULT and TBBK good diversifiers for each other?
To a limited degree. At 0.69 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between FULT and TBBK?
As of 2026-08-27, the correlation of weekly returns between FULT and TBBK is 0.69 over 3 years, 0.68 over 1 year and 0.66 over 5 years.
Is TBBK a good diversifier for FULT?
To a limited degree. At 0.69 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.69 mean?
A reading of 0.69 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/fult-vs-tbbk.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fult-vs-tbbk/)
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Related comparisons
Hubs: FULT correlations · TBBK correlations
