Hibernia Bancorp is in line to benefit from the midyear purchase of rival First Commerce Corp. by Bank One Corp., an analyst says.

The New Orleans banking company "is well-positioned as the in-town bank of choice," said Christopher Mutascio, banking analyst with Legg Mason Wood Walker.

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.