MRBK vs TFC: Correlation
Meridian Corporation (MRBK) and Truist Financial (TFC) show a strong relationship: their 3-year correlation of weekly returns is 0.61.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MRBK and TFC?
Over the past 3 years, MRBK and TFC moved with a correlation of 0.61, which is strong. Recent behaviour matches the longer record: 0.69 over 1 year against 0.61 over 3. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 610.0 %².
TFC is one of the assets that tracks MRBK most closely: it ranks #2 out of the 13 assets we track against MRBK. On 12-month performance MRBK holds a 14.6-point edge, +26.7% against +12.1%.
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.
MRBK vs TFC: side by side
| MRBK (Meridian Corporation) | TFC (Truist Financial) | |
|---|---|---|
| 1-year return | +26.7% | +12.1% |
| 5-year return | +64.7% | +12.7% |
| Volatility (ann.) | 35.7% | 28.0% |
| Beta vs S&P 500 | 0.96 | 1.07 |
| Max drawdown (3Y) | -39.2% | -26.9% |
| Market cap | $0.2B | $61.4B |
| P/E (trailing) | 10.6 | 11.6 |
| Dividend yield | 2.81% | 4.10% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | MRBK | TFC |
|---|---|---|
| 2022 | -13.3% | -23.5% |
| 2023 | -4.1% | -8.6% |
| 2024 | +3.4% | +23.7% |
| 2025 | +32.7% | +19.0% |
| 2026 | +12.4% | +5.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MRBK and TFC good diversifiers for each other?
Only partially. A correlation of 0.61 means MRBK and TFC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between MRBK and TFC?
As of 2026-08-27, the correlation of weekly returns between MRBK and TFC is 0.61 over 3 years, 0.69 over 1 year and 0.51 over 5 years.
Is TFC a good diversifier for MRBK?
Only partially. A correlation of 0.61 means MRBK and TFC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.61 mean?
A reading of 0.61 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/mrbk-vs-tfc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mrbk-vs-tfc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MRBK correlations · TFC correlations
