Wall Street analysts are saying that if Amsouth Bancorp. is unable to turn First American Corp. around in 12 to 18 months, it too could become a prime takeover candidate.

Failure to correct First American's ills "certainly puts the combined entity in play," said Peyton Green of Sterne, Agee & Leach, Birmingham, Ala. "They could become the target as well."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.