SBCF vs TCBK: Correlation
Seacoast Banking Corporation of Florida (SBCF) and TriCo Bancshares (TCBK) show a very strong relationship: their 3-year correlation of weekly returns is 0.84.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SBCF and TCBK?
Across a 3-year window, the weekly returns of SBCF and TCBK correlate at 0.84, very strong, meaning they move nearly in lockstep. The past 12 months show a weaker link (0.69) than the 3-year average (0.84). Stretching to 5 years gives 0.77, with an annualized covariance of 750.5 %².
By 3-year correlation, TCBK places #9 of the 30 assets tracked against SBCF. Over the last 12 months TCBK came out ahead by 9.2 percentage points (+12.7% against +21.9%).
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.
SBCF vs TCBK: side by side
| SBCF (Seacoast Banking Corporation of Florida) | TCBK (TriCo Bancshares) | |
|---|---|---|
| 1-year return | +12.7% | +21.9% |
| 5-year return | +23.0% | +59.3% |
| Volatility (ann.) | 30.8% | 29.1% |
| Beta vs S&P 500 | 0.96 | 0.76 |
| Max drawdown (3Y) | -27.8% | -27.9% |
| Market cap | $3.3B | $1.7B |
| P/E (trailing) | 22.3 | 13.0 |
| Dividend yield | 2.18% | 2.66% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SBCF | TCBK |
|---|---|---|
| 2022 | -10.1% | +21.5% |
| 2023 | -6.0% | -13.0% |
| 2024 | -0.5% | +5.1% |
| 2025 | +17.1% | +11.9% |
| 2026 | +10.5% | +15.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SBCF and TCBK good diversifiers for each other?
No. With a correlation of 0.84, SBCF and TCBK move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between SBCF and TCBK?
The SBCF/TCBK correlation stands at 0.84 on a 3-year window (1 year: 0.69, 5 years: 0.77), computed from weekly returns as of 2026-08-27.
Is TCBK a good diversifier for SBCF?
No. With a correlation of 0.84, SBCF and TCBK move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.84 mean?
On the −1 to +1 scale, 0.84 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/sbcf-vs-tcbk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sbcf-vs-tcbk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SBCF correlations · TCBK correlations
