LCNB vs TMP: Correlation
How closely do LCNB Corporation (LCNB) and Tompkins Financial Corporation (TMP) trade together? Their weekly returns over three years give a correlation of 0.73, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LCNB and TMP?
On 3 years of weekly data the LCNB/TMP correlation comes out at 0.73, strong. The relationship has been stable: the 1-year correlation (0.70) sits close to the 3-year figure. The 5-year figure is 0.63, and annualized covariance runs at 685.1 %².
By 3-year correlation, TMP places #4 of the 14 assets tracked against LCNB. On 12-month performance TMP holds a 14.4-point edge, +27.4% against +41.8%.
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.
LCNB vs TMP: side by side
| LCNB (LCNB Corporation) | TMP (Tompkins Financial Corporation) | |
|---|---|---|
| 1-year return | +27.4% | +41.8% |
| 5-year return | +43.8% | +49.6% |
| Volatility (ann.) | 29.6% | 31.6% |
| Beta vs S&P 500 | 0.49 | 0.72 |
| Max drawdown (3Y) | -23.8% | -30.9% |
| Market cap | $0.3B | $1.4B |
| P/E (trailing) | 11.2 | 8.0 |
| Dividend yield | 4.59% | 2.68% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LCNB | TMP |
|---|---|---|
| 2022 | -3.4% | -4.4% |
| 2023 | -7.5% | -19.2% |
| 2024 | +1.7% | +17.8% |
| 2025 | +14.7% | +11.1% |
| 2026 | +21.1% | +37.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LCNB and TMP good diversifiers for each other?
Somewhat, no more. With 0.73 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LCNB and TMP?
Using weekly returns as of 2026-08-27: 0.73 over 3 years, with 0.70 over the last year and 0.63 over 5 years.
Is TMP a good diversifier for LCNB?
Somewhat, no more. With 0.73 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.73 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lcnb-vs-tmp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lcnb-vs-tmp/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LCNB correlations · TMP correlations
