FNB vs HOMB: Correlation
F.N.B. Corporation (FNB) and Home BancShares, Inc. (HOMB) show a very strong relationship: their 3-year correlation of weekly returns is 0.88.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FNB and HOMB?
Across a 3-year window, the weekly returns of FNB and HOMB correlate at 0.88, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.80 lands near the 3-year figure. Stretching to 5 years gives 0.84, with an annualized covariance of 592.9 %².
By 3-year correlation, HOMB places #11 of the 53 assets tracked against FNB. The trailing year gives FNB the advantage: +13.4% versus +1.8%, a 11.6-point spread.
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.
FNB vs HOMB: side by side
| FNB (F.N.B. Corporation) | HOMB (Home BancShares, Inc.) | |
|---|---|---|
| 1-year return | +13.4% | +1.8% |
| 5-year return | +91.1% | +56.7% |
| Volatility (ann.) | 27.4% | 24.7% |
| Beta vs S&P 500 | 1.03 | 0.65 |
| Max drawdown (3Y) | -32.6% | -21.4% |
| Market cap | $6.6B | $5.9B |
| P/E (trailing) | 11.0 | 12.3 |
| Dividend yield | 2.65% | 2.78% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FNB | HOMB |
|---|---|---|
| 2022 | +11.7% | -3.7% |
| 2023 | +9.8% | +14.8% |
| 2024 | +11.0% | +15.0% |
| 2025 | +19.4% | +0.9% |
| 2026 | +9.7% | +9.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FNB and HOMB good diversifiers for each other?
Not really. At 0.88, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between FNB and HOMB?
Using weekly returns as of 2026-08-27: 0.88 over 3 years, with 0.80 over the last year and 0.84 over 5 years.
Is HOMB a good diversifier for FNB?
Not really. At 0.88, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.88 mean?
A reading of 0.88 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fnb-vs-homb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fnb-vs-homb/)
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Related comparisons
Hubs: FNB correlations · HOMB correlations
