The Top 100 Banking Companies in Market Capitalization

Listed in order of market value of common stock on June 30, compared with March 31 (dollar amounts in millions) part 1 of 2 +++ Rank Rank Market Capitalization Jun-95 Mar-95 6/30/95 1 2 Citicorp, New York $23,003.50 2 1 BankAmerica Corp., San Francisco 19,447.20 3 3 NationsBank Corp., Charlotte, N.C. 14,769.30 4 4 J.P. Morgan & Co. Inc., New York 13,153.10 5 5 Banc One Corp., Columbus, Ohio 12,718.70 6 6 Chemical Banking Corp., New York 11,377.80 7 7 Norwest Corp., Minneapolis 9,269.00 8 8 Wells Fargo & Co., San Francisco 8,936.80 9 11 Chase Manhattan Corp., New York 8,344.90 10 9 First Union Corp., Charlotte, N.C. 7,786.10 11 12 Bank of New York Co., Inc. 7,709.40 12 10 KeyCorp, Cleveland 7,473.10 13 13 SunTrust Banks, Inc., Atlanta 6,717.60 14 14 Wachovia Corp., Winston-Salem, N.C. 6,120.70 15 16 Mellon Bank Corp., Pittsburgh 6,097.50 16 15 First Interstate Bancorp, Los Angeles 6,085.70 17 17 PNC Bank Corp., Pittsburgh 6,043.10 18 18 First Bank System, Inc., Minneapolis 5,552.30 19 22 First Chicago Corp. 5,390.10 20 21 Fleet Financial Group, Providence, R.I. 5,247.80 21 24 MBNA Corp., Newark, Del. 5,062.50 22 19 NBD Bancorp, Inc., Detroit 5,056.90 23 23 Barnett Banks, Inc., Jacksonville, Fla. 4,989.90 24 20 CoreStates Financial Corp, Philadelphia 4,954.20 25 25 Bankers Trust New York Corp. 4,854.10 26 26 First Fidelity Bancorp., Newark, N.J. 4,652.60 27 28 Boatmen's Bancshares, Inc., St. Louis 4,497.40 28 27 National City Corp., Cleveland 4,305.50 29 30 Bank of Boston Corp. 4,171.50 30 32 Shawmut National Corp., Hartford, Conn. 3,894.20 31 31 Comerica Inc., Detroit 3,796.10 32 29 Fifth Third Bancorp, Cincinnati 3,667.50 33 33 State Street Boston Corp. 3,045.20 34 34 Republic New York Corp. 2,926.90 35 36 Huntington Bancshares Inc., Columbus, Ohio 2,695.50 36 37 Firstar Corp., Milwaukee 2,462.10 37 39 Southern National Corp., Lumberton, N.C. 2,454.50 38 35 U.S. Bancorp, Portland, Ore. 2,361.90 39 38 First of America Bank Corp., Kalamazoo, Mich. 2,345.90 40 40 Northern Trust Corp., Chicago 2,253.20 41 41 Marshall & Ilsley Corp., Milwaukee 2,112.80 42 43 Midlantic Corp., Edison, N.J. 2,077.00 43 47 Mercantile Bancorporation Inc., St. Louis 2,040.10 44 45 Meridian Bancorp, Inc., Reading, Pa. 1,919.10 45 42 AmSouth Bancorp., Birmingham, Ala. 1,898.10 46 44 SouthTrust Corp., Birmingham, Ala. 1,895.10 47 46 Crestar Financial Corp., Richmond 1,881.50 48 50 Synovus Financial Corp., Columbus, Ga. 1,729.30 49 49 UJB Financial Corp., Princeton, N.J. 1,678.40 50 48 Regions Financial Corp., Birmingham, Ala. 1,666.20

Totals for the Top 50 on June 30 $284,588.90 51 52 Integra Financial Corp., Pittsburgh $1,592.20 52 51 First Tennessee National Corp., Memphis 1,583.80 53 56 Union Bank, San Francisco 1,541.60 54 57 BayBanks, Inc., Boston 1,506.20 55 54 Old Kent Financial Corp., Grand Rapids, Mich. 1,461.00 56 53 Michigan National Corp., Farmington Hills, Mich 1,451.60 57 58 First Security Corp., Salt Lake City 1,397.40 58 55 Star Banc Corp., Cincinnati 1,373.10 59 64 Bank South Corp., Atlanta 1,303.10 60 59 Signet Banking Corp., Richmond 1,283.70 61 61 First Virginia Banks, Inc., Falls Church 1,273.60 62 60 Bancorp Hawaii, Inc., Honolulu 1,257.80 63 68 West One Bancorp, Boise, Idaho 1,230.60 64 67 Central Fidelity Banks, Inc., Richmond 1,209.10 65 66 BanPonce Corp., San Juan, P.R. 1,166.80 66 62 Commerce Bancshares, Inc., Kansas City, Mo. 1,152.30 67 63 First Empire State Corp., Buffalo, N.Y. 1,113.40 68 69 Compass Bancshares, Inc., Birmingham, Ala. 1,098.80 69 70 Union Planters Corp., Cordova, Tenn. 1,081.10 70 65 Mercantile Bankshares Corp., Baltimore 1,069.70 71 74 Wilmington Trust Corp., Del. 991.3 72 73 Hibernia Corp., New Orleans 987.4 73 72 First American Corp., Nashville, Tenn. 927.9 74 71 Fourth Financial Corp., Wichita, Kan. 922.8 75 75 FirstMerit Corp., Akron, Ohio 883.6 76 76 First Hawaiian, Inc., Honolulu 855 77 79 First Commerce Corp., New Orleans 853.6 78 77 Old National Bancorp, Evansville, Ind. 760.2 79 80 Dauphin Deposit Corp., Harrisburg, Pa. 748.3 80 78 Valley National Bancorp, Wayne, N.J. 738.9 81 91 Zions Bancorp., Salt Lake City 730.3 82 83 Summit Bancorp., Chatham, N.J. 714.1 83 85 Deposit Guaranty Corp., Jackson, Miss. 692.5 84 88 UMB Financial Corp., Kansas City, Mo. 692.1 85 81 U.S. Trust Corp., New York 689.8 86 84 FirsTier Financial, Inc., Omaha, Neb. 675.9 87 82 Keystone Financial, Inc., Harrisburg, Pa. 662.7 88 86 National Commerce Bancorp., Memphis, Tenn. 621.4 89 92 Trustmark Corp., Jackson, Miss. 615.3 90 89 Premier Bancorp, Inc., Baton Rouge, La. 608.3 91 90 Magna Group, Inc., St. Louis 608.2 92 87 First Commercial Corp., Little Rock, Ark. 606.8 93 93 Centura Banks, Inc., Rocky Mount, N.C. 581.6 94 95 One Valley Bancorp of WV, Inc., Charleston, W.V 537.5 95 98 Provident Bancorp, Inc., Cincinnati 536.6 96 97 Mark Twain Bancshares, Inc. , St. Louis 518.1 97 96 City National Corp., Beverly Hills 515.8 98 94 Fulton Financial Corp., Lancaster, Pa. 501.2 99 100 Associated Banc-Corp., Green Bay, Wis. 478.5 100 103 United Carolina Bancshares, Whiteville, N.C. 452.5

Totals for the Top 100 on June 30 $331,443.70 part 2 of 2 Rank Rank Market Capitalization Quarter Mkt Capl Jun-95 Mar-95 3/31/95 % Chg /Assets 1 2 Citicorp, New York $6,942.10 35.8 8.6 2 1 BankAmerica Corp., San 17,830.50 9.1 8.7 3 3 NationsBank Corp., Char 13,977.50 5.7 8 4 4 J.P. Morgan & Co. Inc., 11,431.40 15.1 7.9 5 5 Banc One Corp., Columbu 11,239.80 13.2 14.5 6 6 Chemical Banking Corp., 9,090.20 25.2 6.1 7 7 Norwest Corp., Minneapo 8,180.90 13.3 15 8 8 Wells Fargo & Co., San 7,753.10 15.3 17.1 9 11 Chase Manhattan Corp., 6,325.20 31.9 6.9 10 9 First Union Corp., Char 7,463.50 4.3 10 11 12 Bank of New York Co., I 6,295.80 22.5 14.7 12 10 KeyCorp, Cleveland 6,728.80 11.1 11 13 13 SunTrust Banks, Inc., A 6,169.80 8.9 15.7 14 14 Wachovia Corp., Winston 6,077.90 0.7 15.2 15 16 Mellon Bank Corp., Pitt 5,969.30 2.1 15.4 16 15 First Interstate Bancor 5,990.90 1.6 10.7 17 17 PNC Bank Corp., Pittsbu 5,584.90 8.2 9.7 18 18 First Bank System, Inc. 5,467.60 1.5 17 19 22 First Chicago Corp. 4,503.20 19.7 7.4 20 21 Fleet Financial Group, 4,572.70 14.8 11 21 24 MBNA Corp., Newark, Del 4,306.50 17.6 48.5 22 19 NBD Bancorp, Inc., Detr 5,135.90 -1.5 10.6 23 23 Barnett Banks, Inc., Ja 4,419.30 12.9 12 24 20 CoreStates Financial Co 4,578.60 8.2 17.4 25 25 Bankers Trust New York 4,093.20 18.6 4.5 26 26 First Fidelity Bancorp. 3,926.10 18.5 13.1 27 28 Boatmen's Bancshares, I 3,859.50 16.5 13.9 28 27 National City Corp., Cl 3,902.50 10.3 13.2 29 30 Bank of Boston Corp. 3,321.10 25.6 9.6 30 32 Shawmut National Corp., 3,220.70 20.9 11.4 31 31 Comerica Inc., Detroit 3,249.50 16.8 11.1 32 29 Fifth Third Bancorp, Ci 3,374.10 8.7 23.5 33 33 State Street Boston Cor 2,631.20 15.7 12.9 34 34 Republic New York Corp. 2,567.60 14 6.9 35 36 Huntington Bancshares I 2,370.80 13.7 14.9 36 37 Firstar Corp., Milwauke 2,160.10 14 14.5 37 39 Southern National Corp. 2,030.90 20.9 12.3 38 35 U.S. Bancorp, Portland, 2,552.00 -7.5 11 39 38 First of America Bank C 2,124.70 10.4 9.5 40 40 Northern Trust Corp., C 1,966.30 14.6 12 41 41 Marshall & Ilsley Corp. 1,965.60 7.5 16.7 42 43 Midlantic Corp., Edison 1,795.90 15.7 15.2 43 47 Mercantile Bancorporati 1,659.40 22.9 15.6 44 45 Meridian Bancorp, Inc., 1,709.70 12.2 12.8 45 42 AmSouth Bancorp., Birmi 1,832.60 3.6 11.1 46 44 SouthTrust Corp., Birmi 1,721.00 10.1 10.6 47 46 Crestar Financial Corp. 1,689.50 11.4 13 48 50 Synovus Financial Corp. 1,482.20 16.7 23.7 49 49 UJB Financial Corp., Pr 1,519.60 10.5 11 50 48 Regions Financial Corp. 1,638.10 1.7 13

Totals for the Top 50 $250,398.9 13.7 10.4 51 52 Integra Financial Corp. $1,408.00 13.1 11.1 52 51 First Tennessee Nationa 1,425.90 11.1 14.5 53 56 Union Bank, San Francis 1,247.30 23.6 9 54 57 BayBanks, Inc., Boston 1,225.90 22.9 13.9 55 54 Old Kent Financial Corp 1,353.50 7.9 12.3 56 53 Michigan National Corp. 1,376.80 5.4 17 57 58 First Security Corp., S 1,197.80 16.7 11.5 58 55 Star Banc Corp., Cincin 1,249.60 9.9 15.2 59 64 Bank South Corp., Atlan 1,105.40 17.9 17 60 59 Signet Banking Corp., R 1,195.20 7.4 12.3 61 61 First Virginia Banks, I 1,183.80 7.6 16.2 62 60 Bancorp Hawaii, Inc., H 1,189.20 5.8 10.3 63 68 West One Bancorp, Boise 1,003.80 22.6 14.2 64 67 Central Fidelity Banks, 1,033.10 17 12 65 66 BanPonce Corp., San Jua 1,035.30 12.7 8.9 66 62 Commerce Bancshares, In 1,124.90 2.4 13.6 67 63 First Empire State Corp 1,118.40 -0.4 9.9 68 69 Compass Bancshares, Inc 994.1 10.5 12 69 70 Union Planters Corp., C 933.5 15.8 11.1 70 65 Mercantile Bankshares C 1,054.40 1.4 18 71 74 Wilmington Trust Corp., 850.9 16.5 19.8 72 73 Hibernia Corp., New Orl 862.2 14.5 15.2 73 72 First American Corp., N 865.8 7.2 12.1 74 71 Fourth Financial Corp., 895.2 3.1 12.2 75 75 FirstMerit Corp., Akron 783.6 12.8 15.4 76 76 First Hawaiian, Inc., H 783.5 9.1 11.1 77 79 First Commerce Corp., N 723.3 18 12.4 78 77 Old National Bancorp, E 768.5 -1.1 17.9 79 80 Dauphin Deposit Corp., 717.5 4.3 14.8 80 78 Valley National Bancorp 749.9 -1.5 19.3 81 91 Zions Bancorp., Salt La 551.2 32.5 14.3 82 83 Summit Bancorp., Chatha 630.1 13.3 13 83 85 Deposit Guaranty Corp., 603.7 14.7 13.4 84 88 UMB Financial Corp., Ka 568.9 21.7 11.7 85 81 U.S. Trust Corp., New Y 662.3 4.2 22.7 86 84 FirsTier Financial, Inc 616.1 9.7 18.5 87 82 Keystone Financial, Inc 646.5 2.5 14.2 88 86 National Commerce Banco 599.8 3.6 21.5 89 92 Trustmark Corp., Jackso 532.4 15.6 12.7 90 89 Premier Bancorp, Inc., 553.4 9.9 11 91 90 Magna Group, Inc., St. 552.9 10 13.3 92 87 First Commercial Corp., 580 4.6 14 93 93 Centura Banks, Inc., Ro 529.8 9.8 13.2 94 95 One Valley Bancorp of W 507 6 14.6 95 98 Provident Bancorp, Inc. 476.6 12.6 10.1 96 97 Mark Twain Bancshares, 477.9 8.4 18.9 97 96 City National Corp., Be 481.8 7.1 18.8 98 94 Fulton Financial Corp., 511.8 -2.1 16.4 99 100 Associated Banc-Corp., 455.3 5.1 14.8 100 103 United Carolina Bancsha 426.8 6 13.3

Totals for the Top 100 $292,819.2 13.2 10.7 === Data source: SNL Securities, Charlottesville, Va. Prior period data have been restated for mergers. Description of the table: A listing of 100 banking companies with the largest market capitalization. Market capitalization is computed by multiplying a bank s common shares outstanding by the closing market price of the bank s stock on June 30 and March 31, respectively. PLEASE NOTE: In computing market capitalization for June 30, all shares outstanding are as of March 31. American Banker has made no adjustments for shares issued or re-purchased during the second quarter. Quarter % Chg: The percentage change in market capitalization from March 31 to June 30. Mkt. Cap./Assets : Market capital on June 30 as a percentage of total assets on March 31. American Banker, 1995.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER