FFBC vs HOMB: Correlation
How closely do First Financial Bancorp. (FFBC) and Home BancShares, Inc. (HOMB) trade together? Their weekly returns over three years give a correlation of 0.86, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FFBC and HOMB?
Across a 3-year window, the weekly returns of FFBC and HOMB correlate at 0.86, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.76 lands near the 3-year figure. Stretching to 5 years gives 0.85, with an annualized covariance of 596.7 %².
Within FFBC's tracked universe of 31 assets, HOMB comes in at #12 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months FFBC outperformed by 24.9 percentage points (+26.7% for FFBC 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.
FFBC vs HOMB: side by side
| FFBC (First Financial Bancorp.) | HOMB (Home BancShares, Inc.) | |
|---|---|---|
| 1-year return | +26.7% | +1.8% |
| 5-year return | +69.6% | +56.7% |
| Volatility (ann.) | 28.0% | 24.7% |
| Beta vs S&P 500 | 0.81 | 0.65 |
| Max drawdown (3Y) | -26.1% | -21.4% |
| Market cap | $3.4B | $5.9B |
| P/E (trailing) | 11.6 | 12.3 |
| Dividend yield | 3.05% | 2.78% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FFBC | HOMB |
|---|---|---|
| 2022 | +3.4% | -3.7% |
| 2023 | +2.4% | +14.8% |
| 2024 | +17.6% | +15.0% |
| 2025 | -3.3% | +0.9% |
| 2026 | +33.1% | +9.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FFBC and HOMB good diversifiers for each other?
No: a correlation of 0.86 means FFBC and HOMB tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between FFBC and HOMB?
As of 2026-08-27, the correlation of weekly returns between FFBC and HOMB is 0.86 over 3 years, 0.76 over 1 year and 0.85 over 5 years.
Is HOMB a good diversifier for FFBC?
No: a correlation of 0.86 means FFBC and HOMB tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.86 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ffbc-vs-homb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ffbc-vs-homb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FFBC correlations · HOMB correlations
