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 +0.83%), and BofI Holdings (BOFI 0.95%) 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
$378B
Today's Change
(0.83%) $0.42
Current Price
$51.52
Price as of October 23, 2025 at 10:47 AM ET
Which three banks suffered the most in this week's market bloodbath?
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.