The incredible run-up that Bank of America (BAC -0.21%) experienced in 2012 is one of the most talked-about stories in banking stocks today, but in this video, Motley Fool financials analysts David Hanson and Matt Koppenheffer highlight how B of A's climb could have been even higher if its dividend wasn't lagging so far behind.

In this video, David and Matt discuss how banking stocks can be dividend plays, and which stocks are their picks for the best dividend buys in this space.