Second Quarter Performance of Top U.S. Banking Companies

+++ Second quarter of 1996 compared with the second quarter of 1995

Performance Study Peer Groups

Asset Total Assets

Rank $ millions

30-Jun Mega Banks 6/30/96 6/30/95

1 Chase Manhattan Corp., New York (r) 321,761 297,183

2 Citicorp, New York 266,824 256,994

3 BankAmerica Corp., San Francisco 238,841 226,599

4 J.P. Morgan & Co. Inc., New York 198,765 166,560

5 NationsBank Corp., Charlotte, N.C. 192,308 184,188

6 First Union Corp., Charlotte, N.C. (r) 139,886 118,462

7 Bankers Trust New York Corp. 114,601 102,937

8 First Chicago NBD Corp. (r) 113,714 123,180

9 Wells Fargo & Co., San Francisco 108,586 50,931

SUPERREGIONAL BANKS

1 Banc One Corp., Columbus, Ohio 97,051 86,783

2 Fleet Financial Group, Boston (r) 87,728 87,168

3 Norwest Corp., Minneapolis 77,849 66,623

4 PNC Bank Corp., Pittsburgh (r) 71,961 76,519

5 KeyCorp, Cleveland 64,764 67,481

6 Bank of New York Co., Inc., 51,499 53,464

7 Bank of Boston Corp. 50,830 45,254

8 National City Corp., Cleveland (r) 48,806 49,372

9 Republic New York Corp., 48,580 41,716

10 SunTrust Banks, Inc., Atlanta 48,067 44,248

11 Wachovia Corp., Winston-Salem, N.C. 46,049 42,867

12 CoreStates Financial Corp, Philadelphia ( 43,668 45,559

13 Mellon Bank Corp., Pittsburgh 42,769 40,016

14 Barnett Banks, Inc., Jacksonville, Fla. 41,674 41,787

15 Boatmen's Bancshares, Inc., St. Louis (r) 40,683 40,894

16 First Bank System, Inc., Minneapolis 36,184 33,456

17 Comerica Inc., Detroit 35,386 35,451

18 U.S. Bancorp, Portland, Ore. (r) 32,789 30,506

19 State Street Boston Corp., 28,944 25,570

20 UnionBanCal Corp., San Francisco (r) 28,115 25,916

LARGE REGIONAL BANKS: THE 20 LARGEST

1 SouthTrust Corp., Birmingham, Ala. 23,615 19,079

2 HSBC Americas, Inc., Buffalo, N.Y. (r) 22,727 19,379

3 Summit Bancorp., Princeton, N.J. (r) 22,387 20,953

4 First of America Bank Corp., Kalamazoo, M 22,204 23,888

5 Northern Trust Corp., Chicago 21,751 19,301

6 Southern National Corp., Winston-Salem, N 20,556 20,664

7 Huntington Bancshares Inc., Columbus, Ohi 20,321 19,371

8 Fifth Third Bancorp, Cincinnati 19,855 16,164

9 Harris Bank, Chicago 19,678 17,142

10 Firstar Corp., Milwaukee 18,812 18,572

11 Crestar Financial Corp., Richmond, Va. (r 18,488 17,212

12 AmSouth Bancorp., Birmingham, Ala. 18,140 17,005

13 Mercantile Bancorp. Inc., St. Louis (r) 18,038 17,274

14 Regions Financial Corp., Birmingham, Ala. 17,921 16,607

15 LaSalle National Corp., Chicago 16,775 14,512

16 BanPonce Corp., San Juan, P.R. 16,442 14,573

17 Citizens Financial Group, Inc., Providenc 14,653 10,417

18 MBNA Corp., Wilmington, Del. 13,954 12,080

19 Bancorp Hawaii, Inc., Honolulu 13,690 12,574

20 Marshall & Ilsley Corp., Milwaukee 13,683 12,799 ===

Sources of Asset Data: American Banker quarterly earnings roundup and SNL Securities. Mega banking companies are banks that have assets of $100 billion or more on June 30, 1996. Superregional banking companies are banks with assets between $25 billion and $75 billion on June 30, 1996. Large regional banking companies are banks with assets between $10 billion and $25 billion on June 30, 1996. There were 29 such banks. Only the 20 largest in the group are listed. (r) The 1995 data have been restated for subsequent mergers or changes in accounting principles. For all other footnotes, see Definitions and Methodology below.

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