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), Bank of America (BAC -0.73%), and BofI Holdings (AX 0.07%) 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.
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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
$355B
Today's Change
(-0.73%) -$0.34
Current Price
$47.12
Price as of June 27, 2025, 3:58 p.m. ET
Which three banks suffered the most in this week's market bloodbath?
David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends and owns shares of BofI Holding. It also owns shares of Bank of America. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Stocks Mentioned
Bank of America
BAC
$47.12
(-0.73%)
$0.34
Flagstar Bancorp
FBC
Axos Financial
AX
$76.75
(0.07%)
$0.05
S&P 500 Index
^GSPC
$6,173.07
(0.52%)
$32.05
U.S. Bancorp
USB
$45.29
(0.37%)
$0.17
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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