OBK vs WSBC: Correlation
How closely do Origin Bancorp, Inc. (OBK) and WesBanco, Inc. (WSBC) trade together? Their weekly returns over three years give a correlation of 0.83, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OBK and WSBC?
Over the past 3 years, OBK and WSBC moved with a correlation of 0.83, which is very strong, meaning they move nearly in lockstep. The past 12 months show a weaker link (0.70) than the 3-year average (0.83). Over 5 years the correlation is 0.79, and the annualized covariance of weekly returns is 685.0 %².
Among the 11 assets we track against OBK, WSBC ranks #5 by 3-year correlation. The trailing year gives OBK the advantage: +38.9% versus +28.6%, a 10.3-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.
OBK vs WSBC: side by side
| OBK (Origin Bancorp, Inc.) | WSBC (WesBanco, Inc.) | |
|---|---|---|
| 1-year return | +38.9% | +28.6% |
| 5-year return | +43.8% | +48.2% |
| Volatility (ann.) | 29.1% | 28.3% |
| Beta vs S&P 500 | 0.90 | 0.77 |
| Max drawdown (3Y) | -28.0% | -26.9% |
| Market cap | $1.6B | $3.9B |
| P/E (trailing) | 16.7 | 11.5 |
| Dividend yield | 1.31% | 3.73% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OBK | WSBC |
|---|---|---|
| 2022 | -13.3% | +9.9% |
| 2023 | -1.2% | -10.9% |
| 2024 | -4.6% | +8.8% |
| 2025 | +14.8% | +7.0% |
| 2026 | +43.3% | +24.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OBK and WSBC good diversifiers for each other?
No. With a correlation of 0.83, OBK and WSBC move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between OBK and WSBC?
As of 2026-08-27, the correlation of weekly returns between OBK and WSBC is 0.83 over 3 years, 0.70 over 1 year and 0.79 over 5 years.
Is WSBC a good diversifier for OBK?
No. With a correlation of 0.83, OBK and WSBC move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.83 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/obk-vs-wsbc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/obk-vs-wsbc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OBK correlations · WSBC correlations
