CFR vs HOMB: Correlation
Cullen/Frost Bankers, Inc. (CFR) and Home BancShares, Inc. (HOMB) show a very strong relationship: their 3-year correlation of weekly returns is 0.83.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CFR and HOMB?
On 3 years of weekly data the CFR/HOMB correlation comes out at 0.83, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.83) sits close to the 3-year figure. The 5-year figure is 0.73, and annualized covariance runs at 523.5 %².
In CFR's tracked universe of 12 assets, HOMB sits right near the top at #3. The last year tells two different stories: CFR led by 24.3 percentage points, +26.1% for CFR 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.
CFR vs HOMB: side by side
| CFR (Cullen/Frost Bankers, Inc.) | HOMB (Home BancShares, Inc.) | |
|---|---|---|
| 1-year return | +26.1% | +1.8% |
| 5-year return | +64.2% | +56.7% |
| Volatility (ann.) | 25.6% | 24.7% |
| Beta vs S&P 500 | 0.76 | 0.65 |
| Max drawdown (3Y) | -26.5% | -21.4% |
| Market cap | $10.0B | $5.9B |
| P/E (trailing) | 15.4 | 12.3 |
| Dividend yield | 2.47% | 2.78% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CFR | HOMB |
|---|---|---|
| 2022 | +8.7% | -3.7% |
| 2023 | -16.1% | +14.8% |
| 2024 | +27.9% | +15.0% |
| 2025 | -2.8% | +0.9% |
| 2026 | +29.3% | +9.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CFR and HOMB good diversifiers for each other?
Not really. At 0.83, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between CFR and HOMB?
The CFR/HOMB correlation stands at 0.83 on a 3-year window (1 year: 0.83, 5 years: 0.73), computed from weekly returns as of 2026-08-27.
Is HOMB a good diversifier for CFR?
Not really. At 0.83, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.83 mean?
On the −1 to +1 scale, 0.83 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/cfr-vs-homb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cfr-vs-homb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CFR correlations · HOMB correlations
