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Hibernia Corporation (HIB) Message Board

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  • sebanks sebanks Mar 13, 1998 9:27 PM Flag


    Last year FATN paid a record 4.2x book for DEP. DEP is the second largest bank in MS and has a nice presence in LA. HIB may well position itself for a handsome take over if it first took over TRMK the largest bank in MS. There are fewer banks around the LA area the size of TRMK which could make HIB more attractive. HBHC might be a possibility but would be extremely hard for HIB to acquire.