BFST vs CFBK: Correlation
Business First Bancshares, Inc. (BFST) and CF Bankshares Inc. (CFBK) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BFST and CFBK?
Over the past 3 years, BFST and CFBK moved with a correlation of 0.54, which is moderate. Little has changed lately, as the 1-year reading of 0.61 lands near the 3-year figure. Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 485.3 %².
By 3-year correlation, CFBK places #12 of the 19 assets tracked against BFST. The last year tells two different stories: CFBK led by 16.9 percentage points, +25.6% for BFST against +42.5% for CFBK.
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.
BFST vs CFBK: side by side
| BFST (Business First Bancshares, Inc.) | CFBK (CF Bankshares Inc.) | |
|---|---|---|
| 1-year return | +25.6% | +42.5% |
| 5-year return | +47.5% | +92.0% |
| Volatility (ann.) | 29.7% | 30.3% |
| Beta vs S&P 500 | 0.82 | 0.75 |
| Max drawdown (3Y) | -27.3% | -33.5% |
| Market cap | $1.0B | $0.2B |
| P/E (trailing) | 11.1 | 11.9 |
| Dividend yield | 1.93% | 0.98% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BFST | CFBK |
|---|---|---|
| 2022 | -20.2% | +4.1% |
| 2023 | +14.4% | -6.7% |
| 2024 | +6.9% | +32.6% |
| 2025 | +4.0% | -1.0% |
| 2026 | +21.3% | +39.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BFST and CFBK good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BFST and CFBK?
As of 2026-08-27, the correlation of weekly returns between BFST and CFBK is 0.54 over 3 years, 0.61 over 1 year and 0.43 over 5 years.
Is CFBK a good diversifier for BFST?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 mean?
On the −1 to +1 scale, 0.54 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/bfst-vs-cfbk.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bfst-vs-cfbk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BFST correlations · CFBK correlations
