HOMB vs PB: Correlation
Home BancShares, Inc. (HOMB) and Prosperity Bancshares, Inc. (PB) show a very strong relationship: their 3-year correlation of weekly returns is 0.84.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HOMB and PB?
Over the past 3 years, HOMB and PB moved with a correlation of 0.84, which is very strong, meaning they move nearly in lockstep. Lately the two have drifted apart, with the 1-year correlation at 0.71 versus 0.84 over 3 years. Over 5 years the correlation is 0.81, and the annualized covariance of weekly returns is 493.4 %².
Within HOMB's tracked universe of 18 assets, PB comes in at #8 by 3-year correlation. Over the last 12 months PB came out ahead by 6.3 percentage points (+1.8% against +8.1%).
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.
HOMB vs PB: side by side
| HOMB (Home BancShares, Inc.) | PB (Prosperity Bancshares, Inc.) | |
|---|---|---|
| 1-year return | +1.8% | +8.1% |
| 5-year return | +56.7% | +23.1% |
| Volatility (ann.) | 24.7% | 23.7% |
| Beta vs S&P 500 | 0.65 | 0.61 |
| Max drawdown (3Y) | -21.4% | -24.8% |
| Market cap | $5.9B | $8.7B |
| P/E (trailing) | 12.3 | 12.7 |
| Dividend yield | 2.78% | 3.26% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HOMB | PB |
|---|---|---|
| 2022 | -3.7% | +3.6% |
| 2023 | +14.8% | -3.3% |
| 2024 | +15.0% | +15.1% |
| 2025 | +0.9% | -5.1% |
| 2026 | +9.2% | +7.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HOMB and PB good diversifiers for each other?
Not really. At 0.84, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between HOMB and PB?
As of 2026-08-27, the correlation of weekly returns between HOMB and PB is 0.84 over 3 years, 0.71 over 1 year and 0.81 over 5 years.
Is PB a good diversifier for HOMB?
Not really. At 0.84, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.84 mean?
A reading of 0.84 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/homb-vs-pb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/homb-vs-pb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HOMB correlations · PB correlations
