Shares of Riggs National Corp., the largest independent bank in the nation's capital, may have caught takeover fewer.

Analysts think a sharp run-up in Riggs' share price this week and over the past 10 days may be a "spillover effect" from the imminent sale of Washington-based First American Bankshares Inc.

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.