In the following video, Motley Fool financials analysts Matt Koppenheffer and David Hanson discuss the market's downturn since Feb. 19. Matt tells us whether the banking sector as a whole had things better or worse than other sectors, why Flagstar Bancorp (FBC +0.00%), Bank of America (BAC +1.04%), and BofI Holdings (BOFI +1.65%) got hit particularly hard, what it means that these stocks have a higher-than-average beta, and why you may need a strong stomach if you're bullish on these stocks.
3 Banks Hit Hardest by the Sell-Off
By Matt Koppenheffer and David Hanson – Feb 27, 2013 at 5:22PM
NYSE: BAC
Bank of America
Market Cap
$388B
Today's Change
(1.04%) $0.56
Current Price
$53.74
Price as of December 3, 2025 at 10:41 AM ET
Which three banks suffered the most in this week's market bloodbath?
About the Author
Matt Koppenheffer is the former Head of the Coverage Team at The Motley Fool. He was a full-time Motley Fool employee from 2012-2025 and is a former advisor and analyst for multiple Motley Fool services. Matt's articles and analysis have been published around the world and his views have been cited in worldwide publications from the Financial Times and The New York Times to the Toronto Star and Germany's Focus Money. He has appeared to offer analysis on a variety of outlets including CNBC and NPR. Matt is the co-author of The Astonishing Collapse of MF Global as well as the creator and former co-host of The Motley Fool's Industry Focus podcast.