Meredith Whitney, known to be a very vocal bear on the banking industry, has come out with a very bullish banking position. She has stated that there is incredible opportunity within the financials and highlights Bank of America (BAC 1.88%), Citigroup (C 2.24%) and Discover Financial (DFS +0.00%) specifically. In this video, Motley Fool analyst Matt Koppenheffer tells us why she believes that the Federal Reserve will approve plans from these banks to return capital to shareholders in early 2013, and particularly why this may mean big things for some of the banking sector's dividends.
A Shocking Bullish Call on Banks
By Matt Koppenheffer – Dec 19, 2012 at 6:33PM
NYSE: C
Citigroup
Market Cap
$181B
Today's Change
(-2.24%) $2.20
Current Price
$96.05
Price as of October 22, 2025 at 1:16 PM ET
A voice of support for the big banks, for once.
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.