LARK vs MRBK: Correlation
Landmark Bancorp Inc. (LARK) and Meridian Corporation (MRBK) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LARK and MRBK?
Over the past 3 years, LARK and MRBK moved with a correlation of 0.43, which is moderate. The link has tightened recently: the 1-year correlation (0.53) runs above the 3-year figure (0.43). Over 5 years the correlation is 0.40, and the annualized covariance of weekly returns is 403.4 %².
Among the 13 assets we track against LARK, MRBK ranks #5 by 3-year correlation. Twelve-month performance is nearly a tie, at +28.2% for LARK and +26.7% for MRBK.
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.
LARK vs MRBK: side by side
| LARK (Landmark Bancorp Inc.) | MRBK (Meridian Corporation) | |
|---|---|---|
| 1-year return | +28.2% | +26.7% |
| 5-year return | +66.0% | +64.7% |
| Volatility (ann.) | 26.0% | 35.7% |
| Beta vs S&P 500 | 0.35 | 0.96 |
| Max drawdown (3Y) | -20.7% | -39.2% |
| Market cap | $0.2B | $0.2B |
| P/E (trailing) | 9.8 | 10.6 |
| Dividend yield | 2.57% | 2.81% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LARK | MRBK |
|---|---|---|
| 2022 | -18.5% | -13.3% |
| 2023 | -4.2% | -4.1% |
| 2024 | +32.6% | +3.4% |
| 2025 | +18.2% | +32.7% |
| 2026 | +23.6% | +12.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LARK and MRBK good diversifiers for each other?
Reasonably. At 0.43, LARK and MRBK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LARK and MRBK?
As of 2026-08-27, the correlation of weekly returns between LARK and MRBK is 0.43 over 3 years, 0.53 over 1 year and 0.40 over 5 years.
Is MRBK a good diversifier for LARK?
Reasonably. At 0.43, LARK and MRBK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 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/lark-vs-mrbk.json
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[](https://www.pairbook.io/pair/lark-vs-mrbk/)
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Related comparisons
Hubs: LARK correlations · MRBK correlations
