It's a tale of two banks. You're in the right place folks because this is where the money is.

I'm Allison Southwick and I'm joined today by John Maxfield. He's out in Portland in Portland Oregon a contributing banking analyst for the

motley fool hey John how are you doing I'm doing great Allison thanks for

having me thanks for being here it is Monday so of course that means we're talking about banks

today. Specifically, we're going to talk about two banks, one of which was Bank of America.

We're going to talk about why John thinks that the bank's marriage to Merrill Lynch was a bad decision

and should be broken up.

But first we're going to look at New York Community Bank and one pretty big

Mar on its otherwise stellar reputation.

So for those of you who don't know,

New York Community Bank is a beloved bank,

particularly with dividend investors

with a yield of, I think about 6%, maybe even more.

It's also a pretty beloved bank

with our own John Maxfield.

Isn't that right?

That's right.

It's in my opinion, it's one of the best run banks

in the United States.

Well, it has blown away the competition when it comes to how their stock is performed

when you take in dividends and buybacks, but its return on assets, which is a pretty significant

number for the banking industry.

...