BANF vs HOMB: Correlation
BancFirst Corporation (BANF) and Home BancShares, Inc. (HOMB) 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 BANF and HOMB?
Across a 3-year window, the weekly returns of BANF and HOMB correlate at 0.84, very strong, meaning they move nearly in lockstep. The past 12 months show a weaker link (0.73) than the 3-year average (0.84). Stretching to 5 years gives 0.74, with an annualized covariance of 584.1 %².
By 3-year correlation, HOMB places #5 of the 16 assets tracked against BANF. Their recent paths diverged sharply: over the last 12 months HOMB outperformed by 17.9 percentage points (-16.1% for BANF against +1.8% for HOMB).
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 HOMB: side by side
| BANF (BancFirst Corporation) | HOMB (Home BancShares, Inc.) | |
|---|---|---|
| 1-year return | -16.1% | +1.8% |
| 5-year return | +116.0% | +56.7% |
| Volatility (ann.) | 28.2% | 24.7% |
| Beta vs S&P 500 | 0.72 | 0.65 |
| Max drawdown (3Y) | -23.6% | -21.4% |
| Market cap | $3.7B | $5.9B |
| P/E (trailing) | 14.9 | 12.3 |
| Dividend yield | 1.75% | 2.78% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BANF | HOMB |
|---|---|---|
| 2022 | +27.1% | -3.7% |
| 2023 | +12.4% | +14.8% |
| 2024 | +22.6% | +15.0% |
| 2025 | -8.0% | +0.9% |
| 2026 | +5.1% | +9.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BANF and HOMB good diversifiers for each other?
No: a correlation of 0.84 means BANF and HOMB tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between BANF and HOMB?
As of 2026-08-27, the correlation of weekly returns between BANF and HOMB is 0.84 over 3 years, 0.73 over 1 year and 0.74 over 5 years.
Is HOMB a good diversifier for BANF?
No: a correlation of 0.84 means BANF and HOMB tend to fall together, which is precisely when diversification is supposed to help.
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-homb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/banf-vs-homb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BANF correlations · HOMB correlations
