BANF vs PBAM: Correlation
Measured on weekly returns over the past three years, BancFirst Corporation (BANF) and Private Bancorp of America, Inc. (PBAM) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BANF and PBAM?
Across a 3-year window, the weekly returns of BANF and PBAM correlate at 0.40, moderate. The relationship has been stable: the 1-year correlation (0.41) sits close to the 3-year figure. Stretching to 5 years gives 0.28, with an annualized covariance of 215.5 %².
Among the 16 assets we track against BANF, PBAM ranks #11 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PBAM outperformed by 69.7 percentage points (-16.1% for BANF against +53.6% for PBAM).
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 PBAM: side by side
| BANF (BancFirst Corporation) | PBAM (Private Bancorp of America, Inc.) | |
|---|---|---|
| 1-year return | -16.1% | +53.6% |
| 5-year return | +116.0% | +253.3% |
| Volatility (ann.) | 28.2% | 19.0% |
| Beta vs S&P 500 | 0.72 | 0.13 |
| Max drawdown (3Y) | -23.6% | -14.8% |
| Market cap | $3.7B | $0.5B |
| P/E (trailing) | 14.9 | 11.5 |
| Dividend yield | 1.75% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BANF | PBAM |
|---|---|---|
| 2022 | +27.1% | +20.2% |
| 2023 | +12.4% | +8.1% |
| 2024 | +22.6% | +65.0% |
| 2025 | -8.0% | -0.4% |
| 2026 | +5.1% | +53.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BANF and PBAM good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BANF and PBAM?
As of 2026-08-27, the correlation of weekly returns between BANF and PBAM is 0.40 over 3 years, 0.41 over 1 year and 0.28 over 5 years.
Is PBAM a good diversifier for BANF?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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-pbam.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/banf-vs-pbam/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BANF correlations · PBAM correlations
