AbstractWith the exception of primates, detailed interspecies behavioral studies are rare in mammalian species and for cetaceans, most are anecdotal descriptions. This study is the first long‐term study on interspecies associations of regularly interacting groups. In the Bahamas Atlantic bottlenose (Tursiops truncatus) and spotted dolphins (Stenella frontalis) regularly form mixed species encounters (MSE). Both species show strong site fidelity with high resighting rates. During MSE, the majority (>65%) of spotted dolphins (especially males) were continually resighted; however bottlenose dolphins had comparatively low resighting rates (<17%). During MSE group size was significantly larger for spotted dolphins (13.0 ± 11.0) than bottlenose dolphins (4.8 ± 3.5) (F = 93.803, df = 1, P < 0.001). This difference was largest during aggressive encounters, due to the increased spotted dolphin group size (t‐test, t = 4.75, df = 184, P < 0.0001), but no difference in bottlenose dolphin group size. Strong associations (greater than twice the community average) were primarily between male spotted dolphins. Male alliances were prevalent for spotted dolphins but rare for bottlenose dolphins. These species differences were also observed in lagged association rates. These results highlight the differences involved in alliance formation and function for regularly interacting sympatric species and reveal insights into possible ecological and social reasons for these group formations.