BANF vs FFBC: Correlation
How closely do BancFirst Corporation (BANF) and First Financial Bancorp. (FFBC) trade together? Their weekly returns over three years give a correlation of 0.84, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BANF and FFBC?
Across a 3-year window, the weekly returns of BANF and FFBC correlate at 0.84, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.77 lands near the 3-year figure. Stretching to 5 years gives 0.72, with an annualized covariance of 664.1 %².
In BANF's tracked universe of 16 assets, FFBC sits right near the top at #3. The last year tells two different stories: FFBC led by 42.8 percentage points, -16.1% for BANF against +26.7% for FFBC.
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.
BANF vs FFBC: side by side
| BANF (BancFirst Corporation) | FFBC (First Financial Bancorp.) | |
|---|---|---|
| 1-year return | -16.1% | +26.7% |
| 5-year return | +116.0% | +69.6% |
| Volatility (ann.) | 28.2% | 28.0% |
| Beta vs S&P 500 | 0.72 | 0.81 |
| Max drawdown (3Y) | -23.6% | -26.1% |
| Market cap | $3.7B | $3.4B |
| P/E (trailing) | 14.9 | 11.6 |
| Dividend yield | 1.75% | 3.05% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BANF | FFBC |
|---|---|---|
| 2022 | +27.1% | +3.4% |
| 2023 | +12.4% | +2.4% |
| 2024 | +22.6% | +17.6% |
| 2025 | -8.0% | -3.3% |
| 2026 | +5.1% | +33.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BANF and FFBC good diversifiers for each other?
Not really. At 0.84, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between BANF and FFBC?
As of 2026-08-27, the correlation of weekly returns between BANF and FFBC is 0.84 over 3 years, 0.77 over 1 year and 0.72 over 5 years.
Is FFBC a good diversifier for BANF?
Not really. At 0.84, the two trade almost as one position, and owning both buys little extra protection.
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/banf-vs-ffbc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/banf-vs-ffbc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BANF correlations · FFBC correlations
