RCBC vs TCBX: Correlation
River City Bank (RCBC) and Third Coast Bancshares, Inc. (TCBX) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RCBC and TCBX?
Over the past 3 years, RCBC and TCBX moved with a correlation of 0.36, which is moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.36 over 3. Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 244.2 %².
TCBX is one of the assets that tracks RCBC most closely: it ranks #2 out of the 10 assets we track against RCBC. Correlation aside, the last 12 months split them widely, with RCBC ahead by 23.5 points (+36.3% versus +12.8%).
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.
RCBC vs TCBX: side by side
| RCBC (River City Bank) | TCBX (Third Coast Bancshares, Inc.) | |
|---|---|---|
| 1-year return | +36.3% | +12.8% |
| 5-year return | +90.8% | +80.3% |
| Volatility (ann.) | 21.4% | 31.7% |
| Beta vs S&P 500 | 0.25 | 0.88 |
| Max drawdown (3Y) | -13.4% | -28.9% |
| Market cap | $0.7B | $0.8B |
| P/E (trailing) | 10.6 | 11.0 |
| Dividend yield | 0.38% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RCBC | TCBX |
|---|---|---|
| 2022 | -11.3% | -29.1% |
| 2023 | -5.5% | +7.8% |
| 2024 | +38.4% | +70.9% |
| 2025 | +42.2% | +12.0% |
| 2026 | +13.9% | +18.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RCBC and TCBX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between RCBC and TCBX?
The RCBC/TCBX correlation stands at 0.36 on a 3-year window (1 year: 0.42, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is TCBX a good diversifier for RCBC?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: RCBC correlations · TCBX correlations
