+++
Megabanks - Assets of $70 billion or more on 6/30/95
Return on Average Assets Rank Rank ROA ROA 2Q95 2Q94 2Q95 2Q94 1 1 Banc One Corp. * 1.42 1.5 2 2 Citicorp 1.25 1.36 3 3 First Union Corp. 1.24 1.28 4 6 BankAmerica Corp. 1.13 1.07 5 8 Chemical Banking Corp. 1 0.87 6 4 First Chicago Corp. 0.99 1.12 7 5 NationsBank Corp. 0.96 1.08 8 7 Chase Manhattan Corp. 0.88 1.05 9 9 J.P. Morgan & Co., Inc. 0.72 0.81 10 10 Bankers Trust New York Corp. 0.33 0.71
Mean values for the group 0.99 1.09
Median values for the group 1 1.08
Return on Average Equity Rank Rank ROE ROE 2Q95 2Q94 2Q95 2Q94 1 1 Citicorp 20.79 28.46 2 2 First Union Corp. 17.83 17.8 3 9 Chemical Banking Corp. 17.62 13.86 4 5 First Chicago Corp. 17.3 16.42 5 4 NationsBank Corp. 16.64 16.98 6 3 Banc One Corp. * 16.29 17.75 7 10 BankAmerica Corp. 14.26 13.27 8 6 Chase Manhattan Corp. 14.14 16.08 9 8 J.P. Morgan & Co., Inc. 13.35 14.79 10 7 Bankers Trust New York Corp. 7.81 15.82
Mean values for the group 15.6 17.12
Median values for the group 16.47 16.25
Nonperforming Assets Ratio Rank Rank NPAR NPAR 2Q95 2Q94 2Q95 2Q94 1 1 J.P. Morgan & Co., Inc. 0.11 0.16 2 2 First Chicago Corp. 0.18 0.28 3 3 Banc One Corp. * 0.5 0.58 4 4 NationsBank Corp. 0.6 0.86 5 9 Chemical Banking Corp. 0.63 1.48 6 5 First Union Corp. 0.68 0.91 7 7 Chase Manhattan Corp. 0.7 1.28 8 8 BankAmerica Corp. 1.12 1.43 9 6 Bankers Trust New York Corp. 1.31 1.11 10 10 Citicorp 2.54 3.57
Mean values for the group 0.84 1.17
Median values for the group 0.66 1.01
Superregional Banks - Assets between $20 billion and $70 billion
Return on Average Assets Rank Rank ROA ROA 2Q95 2Q94 2Q95 2Q94 1 2 Wells Fargo & Co. 1.8 1.58 2 23 CoreStates Financial Corp 1.77 0.9 3 1 Mellon Bank Corp. * 1.75 1.67 4 7 Bank of New York Co., Inc. 1.68 1.41 4 9 First Bank System, Inc.* 1.68 1.38 6 5 Wachovia Corp. 1.59 1.46 7 3 First Interstate Bancorp 1.58 1.56 8 4 Norwest Corp. 1.47 1.48 9 17 Fleet Financial Group Inc. * 1.41 1.22 10 10 First Fidelity Bancorp. 1.35 1.34 11 8 National City Corp. 1.34 1.4 12 11 Boatmen's Bancshares, Inc.* 1.33 1.31 12 21 U.S. Bancorp 1.33 0.97 14 12 SunTrust Banks, Inc. 1.32 1.3 15 13 Barnett Banks, Inc. 1.28 1.29 16 24 Bank of Boston Corp. 1.21 0.89 17 16 NBD Bancorp, Inc. 1.2 1.24 18 6 KeyCorp 1.19 1.43 18 15 Comerica Incorporated 1.19 1.25 20 17 Southern National Corp. * 1.13 1.22 21 20 State Street Boston Corp. * 0.97 0.98 22 26 Shawmut National Corp. 0.95 -0.24 23 22 First of America Bank Corp. 0.94 0.96 24 14 PNC Bank Corp. 0.88 1.26 25 19 National Westminster Bancorp 0.81 1.2 26 25 Republic New York Corp. 0.11 0.78
Mean values for the group 1.28 1.2
Median values for the group 1.33 1.28
Return on Average Equity Rank Rank ROE ROE 2Q95 2Q94 2Q95 2Q94 1 3 Wells Fargo & Co. 26.56 21.56 2 1 First Interstate Bancorp 24.73 23.3 3 25 CoreStates Financial Corp 22.32 11.36 4 2 Norwest Corp. 22.13 22.32 5 8 First Bank System, Inc. * 20.37 17.56 6 7 Bank of New York Co., Inc. 19.79 17.59 7 9 Wachovia Corp. 19.48 17.52 8 5 Fleet Financial Group Inc. * 18.51 18.26 9 10 National City Corp. 17.56 17.28 10 18 Mellon Bank Corp. * 17.39 15.76 11 12 State Street Boston Corp. * 17.2 17.04 12 22 Bank of Boston Corp. 17.16 13.82 13 4 KeyCorp 16.82 19.72 14 13 First Fidelity Bancorp. 16.74 16.85 15 14 Barnett Banks, Inc. 16.34 16.65 16 11 Comerica Incorporated 16.02 17.1 16 17 NBD Bancorp, Inc. 16.02 16.39 18 16 Boatmen's Bancshares, Inc.* 15.85 16.45 19 24 U.S. Bancorp 15.78 12.2 20 19 SunTrust Banks, Inc. 14.84 14.91 21 15 Southern National Corp. * 14.55 16.63 22 26 Shawmut National Corp. 13.83 -4.48 23 21 First of America Bank Corp. 13.45 13.89 24 6 PNC Bank Corp. 12.59 17.7 25 23 National Westminster Bancorp 8.38 13.66 26 20 Republic New York Corp. 0.21 14.78
Mean values for the group 16.72 15.99
Median values for the group 16.78 16.75
Nonperforming Assets Ratio Rank Rank NPAR NPAR 2Q95 2Q94 2Q95 2Q94 1 1 State Street Boston Corp. * 0.11 0.15 2 4 Wachovia Corp. 0.18 0.38 3 2 Republic New York Corp. 0.19 0.21 4 3 Norwest Corp. 0.23 0.36 5 5 Southern National Corp. (b) * 0.3 0.39 6 6 National City Corp. 0.42 0.54 7 7 NBD Bancorp, Inc. 0.43 0.56 8 7 First Interstate Bancorp 0.45 0.56 9 12 Boatmen's Bancshares, Inc.* 0.5 0.79 10 15 First Bank System, Inc. * 0.52 0.84 11 10 KeyCorp 0.54 0.68 12 13 Comerica Incorporated 0.56 0.82 13 14 SunTrust Banks, Inc. 0.57 0.83 14 11 First of America Bank Corp. 0.6 0.73 14 18 Bank of New York Co., Inc. 0.6 0.92 16 22 Shawmut National Corp. 0.62 1.28 17 17 Barnett Banks, Inc. 0.67 0.88 18 9 Mellon Bank Corp. * 0.69 0.64 19 16 PNC Bank Corp. 0.71 0.85 20 21 First Fidelity Bancorp. 0.78 1.24 21 22 CoreStates Financial Corp 0.84 1.28 22 19 U.S. Bancorp 0.9 1.01 23 24 Bank of Boston Corp. 0.99 1.38 24 20 Fleet Financial Group Inc. * 1.13 1.15 25 25 National Westminster Bancorp 1.43 2.01 26 26 Wells Fargo & Co. 1.73 2.05
Mean values for the group 0.64 0.87
Median values for the group 0.59 0.83
Large Regional Banks - Assets between $10 billion and $20 billion
Return on Average Assets Rank Rank ROA ROA 2Q95 2Q94 2Q95 2Q94 1 1 MBNA Corp. 2.69 3.01 2 4 Fifth Third Bancorp * 1.74 1.73 3 2 Midlantic Corp. 1.68 2.14 4 29 Marine Midland Banks, Inc. * 1.5 -1.99 5 6 First Tennessee National Corp. * 1.47 1.41 5 28 Marshall & Ilsley Corp. 1.47 -1.19 7 9 Mercantile Bancorp. Inc. * 1.37 1.29 8 12 Crestar Financial Corp. 1.35 1.25 9 7 Old Kent Financial Corp. * 1.28 1.38 10 22 BayBanks, Inc. 1.27 1.04 11 5 Huntington Bancshares Inc. 1.25 1.63 12 8 Regions Financial Corp. * 1.24 1.33 13 9 First Security Corp. 1.21 1.29 13 16 LaSalle National Corp. 1.21 1.16 15 26 Union Bank 1.2 0.32 16 14 Firstar Corp. * 1.18 1.22 17 3 Signet Banking Corp. 1.13 1.75 17 19 Northern Trust Corp. 1.13 1.1 19 12 Integra Financial Corp. 1.12 1.25 20 16 First Empire State Corp. 1.09 1.16 21 24 UJB Financial Corp. * 1.06 0.78 22 19 SouthTrust Corp. 1.04 1.1 23 11 Central Fidelity Banks, Inc. 1.03 1.26 24 27 Harris Bank (a) * 1.02 0.08 25 23 BanPonce Corp. 1 1.03 26 14 AmSouth Bancorp. 0.97 1.22 27 25 Citizens Financial Group, Inc. 0.96 0.64 28 21 Bancorp Hawaii, Inc. 0.92 1.08 29 18 Meridian Bancorp, Inc. 0.7 1.13
Mean value for the group 1.25 1.06
Median value for the group 1.2 1.22
Return on Average Equity Rank Rank ROE ROE 2Q95 2Q94 2Q95 2Q94 1 1 MBNA Corp. 32.37 29.48 2 3 LaSalle National Corp. 23.13 24.92 3 5 First Tennessee National Corp. * 19.99 19.56 4 29 Marine Midland Banks, Inc.* 17.87 -26.96 5 9 Fifth Third Bancorp * 17.82 17.66 6 7 Northern Trust Corp. 17.03 17.99 7 13 First Empire State Corp. 16.83 16.28 8 26 Union Bank 16.72 3.67 9 19 BayBanks, Inc. 16.69 14.46 10 2 Midlantic Corp. 16.47 24.98 11 28 Marshall & Ilsley Corp. 16.27 -13.79 12 15 Mercantile Bancorp. Inc. * 16.26 15.8 13 7 Integra Financial Corp. 16.24 17.99 14 17 SouthTrust Corp. 15.88 15.76 15 11 Old Kent Financial Corp. * 15.77 16.85 16 16 Crestar Financial Corp. 15.69 15.79 17 14 Regions Financial Corp. * 15.27 15.84 18 6 Huntington Bancshares Inc. 15.04 19.38 19 4 Signet Banking Corp. 14.96 19.82 20 12 First Security Corp. 14.87 16.45 21 27 Harris Bank (a) * 14.22 1.14 22 22 Firstar Corp. * 14.15 13.95 23 24 UJB Financial Corp. * 14.12 10.95 24 10 Central Fidelity Banks, Inc. 13.91 17.53 25 18 BanPonce Corp. 13.43 14.55 26 20 AmSouth Bancorp. 12.18 14.27 27 25 Citizens Financial Group, Inc. 12.1 9.04 28 21 Bancorp Hawaii, Inc. 11.29 14.14 29 23 Meridian Bancorp, Inc. 8.4 13.63
Mean value for the group 16.03 13.49
Median value for the group 15.77 15.8
Nonperforming Assets Ratio Rank Rank NPAR NPAR 2Q95 2Q94 2Q95 2Q94 1 1 MBNA Corp. 0.01 0.01 2 4 Fifth Third Bancorp * 0.17 0.29 3 2 Northern Trust Corp. 0.18 0.21 4 3 First Security Corp. 0.19 0.28 5 7 First Tennessee National Corp. * 0.27 0.5 6 6 Regions Financial Corp. * 0.35 0.47 7 9 Mercantile Bancorp. Inc. * 0.37 0.53 8 16 Huntington Bancshares Inc. 0.41 0.77 8 5 Bancorp Hawaii, Inc. 0.41 0.42 10 12 Old Kent Financial Corp. * 0.44 0.64 11 13 Harris Bank (a) * 0.46 0.71 12 7 Marshall & Ilsley Corp. 0.47 0.5 13 10 Firstar Corp. * 0.5 0.58 14 22 Integra Financial Corp. 0.53 1.02 15 15 Signet Banking Corp. 0.54 0.72 15 16 LaSalle National Corp. 0.54 0.77 17 11 SouthTrust Corp. 0.57 0.63 17 13 Crestar Financial Corp. 0.57 0.71 19 18 AmSouth Bancorp. 0.68 0.8 20 19 First Empire State Corp. 0.72 0.9 21 23 Central Fidelity Banks, Inc. 0.73 1.07 22 21 Meridian Bancorp, Inc. 0.79 0.93 23 27 Union Bank 0.9 3.02 24 25 BayBanks, Inc. 0.91 1.76 25 20 BanPonce Corp. 1.02 0.91 26 24 Citizens Financial Group, Inc. 1.2 1.3 27 26 UJB Financial Corp. * 1.39 2 28 28 Midlantic Corp. 1.64 3.29 29 29 Marine Midland Banks, Inc.* 3.16 5.4
Mean value for the group 0.69 1.07
Median value for the group 0.54 0.72
Summary Totals for all 65 banks in the survey
Return on Average Assets
ROA ROA
2Q95 2Q94
Mean Values for all 65 banks 1.22 1.12
Median Values all 65 banks 1.21 1.22
Return on Average Equity
ROE ROE
2Q95 2Q94
Mean Values for all 65 banks 16.24 15.05
Median Values all 65 banks 16.26 16.42
Nonperforming Assets Ratio
NPAR NPAR
2Q95 2Q94
Mean Values for all 65 banks 0.7 1.01
Median Values All 65 banks 0.57 0.8
===
Data Sources: SNL Securities, Charlottesville, Va. and American Banker's quarterly earnings roundup. Definitions and methodology: See the footnotes on the next page. (*) - Data for 1994 have been restated for subsequent mergers or changes
Compiled by American Banker, 1995
