MVBF vs SBCF: Correlation
MVB Financial Corp. (MVBF) and Seacoast Banking Corporation of Florida (SBCF) show a strong relationship: their 3-year correlation of weekly returns is 0.73.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MVBF and SBCF?
On 3 years of weekly data the MVBF/SBCF correlation comes out at 0.73, strong. Recent behaviour matches the longer record: 0.72 over 1 year against 0.73 over 3. The 5-year figure is 0.60, and annualized covariance runs at 733.3 %².
Among the 11 assets we track against MVBF, SBCF ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MVBF ahead by 16.8 points (+29.5% versus +12.7%).
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.
MVBF vs SBCF: side by side
| MVBF (MVB Financial Corp.) | SBCF (Seacoast Banking Corporation of Florida) | |
|---|---|---|
| 1-year return | +29.5% | +12.7% |
| 5-year return | -11.2% | +23.0% |
| Volatility (ann.) | 32.7% | 30.8% |
| Beta vs S&P 500 | 0.78 | 0.96 |
| Max drawdown (3Y) | -35.3% | -27.8% |
| Market cap | $0.4B | $3.3B |
| P/E (trailing) | 10.1 | 22.3 |
| Dividend yield | 2.27% | 2.18% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MVBF | SBCF |
|---|---|---|
| 2022 | -45.8% | -10.1% |
| 2023 | +5.7% | -6.0% |
| 2024 | -5.1% | -0.5% |
| 2025 | +28.7% | +17.1% |
| 2026 | +18.4% | +10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MVBF and SBCF 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 MVBF and SBCF?
The MVBF/SBCF correlation stands at 0.73 on a 3-year window (1 year: 0.72, 5 years: 0.60), computed from weekly returns as of 2026-08-27.
Is SBCF a good diversifier for MVBF?
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?
On the −1 to +1 scale, 0.73 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mvbf-vs-sbcf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mvbf-vs-sbcf/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MVBF correlations · SBCF correlations
