| Business Summary | | Hibernia
Corporation
is
a
bank
and
financial
holding
company
that
operates
through
Hibernia
National
Bank
(the
Bank),
the
Company's
sole
depository
institution
subsidiary,
In
addition
to
the
Bank,
the
Company
also
owns
nonbank
subsidiaries,
which
engage
in
the
insurance
agency,
investment
banking,
and
small
business
investment
company
businesses.
The
Company
offers
an
array
of
financial
products
and
services,
including
retail,
small
business,
commercial,
international,
mortgage
and
private
banking;
leasing;
factoring;
investment
banking;
corporate
finance;
treasury
management;
property
and
casualty,
life
and
health
insurance;
trust
and
investment
management;
retail
brokerage;
and
alternative
investments,
including
mutual
funds
and
annuities.
The
Company
also
performs
mortgage
servicing,
which
includes
acceptance
and
application
of
mortgage
loan
and
escrow
payments. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HIB,
a
financial
holding
company,
operates
through
its
subsidiary,
Hibernia
National
Bank.
The
Company
also
owns
non-bank
subsidiaries.
For
the
six
months
ended
6/30/01,
interest
income
rose
5%
to
$613.8
million.
Net
interest
income
after
loan
loss
provision
rose
5%
to
$281.6
million.
Net
income
applicable
to
Common
rose
6%
to
$102.2
million.
Revenues
reflect
higher
average
earning
assets.
Earnings
also
reflect
increased
interest
on
deposits. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Boh, 70 Chairman | -- | J. Herbert Boydstun, 54 Pres,
CEO, Director | $509K | E Campbell, 60 Vice
Chairman of the Company and Hibernia National Bank | -- | Marsha Gassan, 48 Sr.
Exec. VP, CFO | 344K | Ronald Samford, Jr., 48 Exec.
VP & Controller of the Company & Hibernia National Bank & CAO of the Company | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|