First Quarter Performance of Top U.S. Banking Companies

+++ First quarter of 1996 compared with the first quarter of 1995

Performance Study Peer Groups

Asset Total Assets

Rank $ millions

3/31/96 Mega Banks 3/31/96 3/31/95

1 Chase Manhattan Corp., New York* 301,984 305,910

2 Citicorp, New York 263,566 269,013

3 BankAmerica Corp., San Francisco 234,243 223,188

4 J.P. Morgan & Co. Inc., New York 204,747 167,077

5 NationsBank Corp., Charlotte, N.C. 194,375 183,854

6 First Union Corp., Charlotte, N.C.* 130,581 113,253

7 First Chicago NBD Corp., Chicago* 115,465 119,915

8 Bankers Trust New York Corp. 108,144 107,362

9 Banc One Corp., Columbus, Ohio 95,708 87,830

Superregional Banks

1 Norwest Corp., Minneapolis 73,942 61,845

2 PNC Bank Corp., Pittsburgh* 72,668 75,750

3 Fleet Financial Group, Inc., Boston* (a) 72,123 81,862

4 KeyCorp, Cleveland 65,052 67,709

5 First Interstate Bancorp, Los Angeles (b 54,593 56,956

6 Bank of New York Co. Inc. 53,434 52,280

7 Wells Fargo & Co., San Francisco (b) 48,978 52,324

8 Republic New York Corp. 47,144 42,348

9 SunTrust Banks Inc., Atlanta 46,585 42,760

10 Bank of Boston Corp. 46,457 43,462

11 Wachovia Corp., Winston-Salem, N.C. 45,425 40,223

12 Mellon Bank Corp., Pittsburgh 41,582 39,619

13 Barnett Banks Inc., Jacksonville, Fla. 41,519 41,735

14 Boatmen's Bancshares Inc., St. Louis* 40,299 40,055

15 First Bank System Inc., Minneapolis 36,572 32,712

16 National City Corp., Cleveland (c) 35,110 32,641

17 Comerica Inc., Detroit 35,023 34,109

18 U.S. Bancorp, Portland, Ore.* 31,557 30,096

19 CoreStates Financial Corp, Philadelphia 28,717 28,495

Large Regional Banks: The 20 Largest

1 First of America Bank Corp., Kalamazoo, 22,718 24,580

2 SouthTrust Corp., Birmingham, Ala. 22,625 17,955

3 Summit Bancorp., Princeton, N.J.* 22,330 20,750

4 HSBC Americas Inc., Buffalo, N.Y. 21,551 18,788

5 UnionBanCal Corp., San Francisco (e) 20,489 17,315

6 Northern Trust Corp., Chicago 20,302 18,736

7 Southern National Corp., Winston-Salem, 20,174 19,892

8 Huntington Bancshares, Columbus, Ohio* 20,138 18,421

9 Firstar Corp., Milwaukee* 19,123 18,060

10 Fifth Third Bancorp, Cincinnati 18,870 15,604

11 Harris Bank, Chicago* 18,700 16,598

12 Crestar Financial Corp., Richmond, Va. 17,917 16,921

13 AmSouth Bancorp., Birmingham, Ala. 17,914 17,068

14 Mercantile Bancorp, St. Louis* 17,902 17,097

15 Regions Financial Corp., Birmingham, Ala 17,531 16,200

16 LaSalle National Corp., Chicago 16,199 14,178

17 BanPonce Corp., San Juan 15,805 13,076

18 Integra Financial Corp., Pittsburgh (c) 14,364 14,285

19 MBNA Corp., Wilmington, Del. 13,530 10,436

20 Marshall & Ilsley Corp., Milwaukee, Wis. 13,377 12,661

N.A. 14,996 ===

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