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Home > Company Index > Banking > Banking - Mid-Atlantic > Riggs National Corporation
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Riggs National Corporation |
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PROFILE |
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Riggs National doesn't do trucking, but as far as banking goes, it's in it for the long haul. Riggs National is the holding company for Riggs Bank, which operates more than 50 branches in the metropolitan Washington, DC area. Riggs offers consumers and regional and multinational companies traditional retail, commercial, and international banking services, as well as trust and investment services. About 40% of the bank's loans are residential mortgages; commercial real estate, consumer, and foreign loans are also available. Subsidiaries provide investment and securities services; Riggs Bank Europe Limited offers full-service banking in the UK. The Allbritton family owns about half of the company.
COMPETITION |
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Chevy Chase Bank, F.S.B. (dossier)
Mercantile Bankshares Corporation (MRBK)
Provident Bankshares Corporation (PBKS)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 472.70
1-Yr. Sales Growth: 7.2%
Employees: 1,588
Revenue per employee: $297,670.03
KEY PEOPLE |
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Robert L. Allbritton
CEO
John L. Davis
CFO
CONTACT INFO |
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1503 Pennsylvania Ave. NW
Washington, DC 20005
US
Phone: 301-887-6000
Fax: 202-835-6773
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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