MRBK vs USB: Correlation
Meridian Corporation (MRBK) and U.S. Bancorp (USB) show a strong relationship: their 3-year correlation of weekly returns is 0.63.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MRBK and USB?
Across a 3-year window, the weekly returns of MRBK and USB correlate at 0.63, strong. The link has tightened recently: the 1-year correlation (0.75) runs above the 3-year figure (0.63). Stretching to 5 years gives 0.53, with an annualized covariance of 614.4 %².
In MRBK's tracked universe of 13 assets, USB sits right near the top at #1. The trailing year gives USB the advantage: +26.7% versus +33.1%, a 6.4-point spread.
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 USB: side by side
| MRBK (Meridian Corporation) | USB (U.S. Bancorp) | |
|---|---|---|
| 1-year return | +26.7% | +33.1% |
| 5-year return | +64.7% | +36.0% |
| Volatility (ann.) | 35.7% | 27.3% |
| Beta vs S&P 500 | 0.96 | 1.09 |
| Max drawdown (3Y) | -39.2% | -30.6% |
| Market cap | $0.2B | $97.2B |
| P/E (trailing) | 10.6 | 12.5 |
| Dividend yield | 2.81% | 3.31% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | MRBK | USB |
|---|---|---|
| 2022 | -13.3% | -19.1% |
| 2023 | -4.1% | +4.8% |
| 2024 | +3.4% | +15.6% |
| 2025 | +32.7% | +16.5% |
| 2026 | +12.4% | +19.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MRBK and USB good diversifiers for each other?
To a limited degree. At 0.63 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 MRBK and USB?
Using weekly returns as of 2026-08-27: 0.63 over 3 years, with 0.75 over the last year and 0.53 over 5 years.
Is USB a good diversifier for MRBK?
To a limited degree. At 0.63 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 0.63 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/mrbk-vs-usb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mrbk-vs-usb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MRBK correlations · USB correlations
