Top 25 Banks in Total Return

+++ For the First Quarter Among the 214 Largest Banking Companies

Total Ret. Price Qtr. Pr. Rank Name, City, State 1Q95 3/31/94 Change 1 Shawmut National Corp., Hartford, Conn 62.41% $26.38 61.10% 2 Putnam Trust Co., Greenwich, Conn. 57.67 40.88 57.2 3 Michigan National Corp., Farmington Hills 39.53 103.75 38.8 4 Imperial Bancorp, Inglewood, Calif. 39.3 16.75 39.3 5 Mellon Bank Corp., Pittsburgh 34.53 40.75 33.1 6 Union Bank, San Francisco 30.28 34.5 29 7 Midlantic Corp., Edison, N.J. 30.08 34.25 29.3 8 First Empire State Corp., Buffalo, N.Y. 26.18 171 25.7 9 First American Corp., Nashville, Tenn. 25.58 33.5 24.7 10 CoreStates Financial Corp, Philadelphia 24.38 32 23.1 11 AmSouth Bancorp., Birmingham, Ala. 23.81 31.5 22.3 12 Intercontinental Bank , Miami 23.78 22.5 23.3 13 BankAmerica Corp., San Francisco 23.32 48.25 22.2 14 BayBanks, Inc., Boston 23.22 64.5 22.3 15 First Bank System, Inc., Minneapolis 22.52 40.38 21.4 16 Independent Bank Corp., Rockland, Mass. 22.19 6.38 21.4 17 Victoria Bankshares, Inc., Victoria, Tex. 20.28 26 19.5 18 Compass Bancshares, Inc., Birmingham, Ala. 20.02 26.13 18.8 19 NBD Bancorp, Inc., Detroit 19.93 32.5 18.7 20 Bank of New Hampshire Corp., Manchester 19.78 26.5 19.1 21 Barnett Banks, Inc. , Jacksonville, Fla 19.25 45.5 18.2 22 Regions Financial Corp., Birmingham, Al 18.81 36.5 17.7 23 United Counties Bancorp., Cranford, N.J 18.29 124 17.5 24 Colonial BancGroup, Inc., Montgomery, Ala. 18.23 23.13 17.1 25 B.M.J. Financial Corp., Bordentown, N.J 18.18 13 18.2

Unweighted average total return for the

214 banks 6.78% === Data source: Data were provided by SNL Securities, Charlottesville, Va.. American Banker's ranking is based on the 214 banks with market capital of $85 million or more on March 31. Market capital was calculated by multiplying common shares outstanding on Dec. 31, 1994 by the price of the stock on March 31. The total return rs the dollar change in stock price over the first quarter plus the latest quarterly dividend expressed as a percentage of the stock price at the end of the fourth quarter. Qtr. Pr. Change is the change in stock price from Dec. 30, 1994 to March 31, 1995. Compiled by American Banker, 1995.