1995 Performance of Top U.S. Banking Companies

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Mega Banks - Assets of $75 billion or more on December 31, 1995

Return on Average Assets

Rank Rank ROAA ROAA

19961995 1996 1995

1 4 Banc One Corp., Columbus * 1.53 1.47

23(sr)Norwest Corp., Minneapolis * 1.52 1.44

3 1 Citicorp, New York 1.41 1.37

4 10 Fleet Financial Group, Inc., Boston * 1.34 0.74

5 3 NationsBank Corp., Charlotte, NC * 1 1.31 1.03

6 8 First Chicago NBD Corp., Chicago 1.27 0.94

7 6 Bank America Corp., San Francisco 1.19 1.17

8 5 First Union Corp., Charlotte, NC 1.1 1.21

91(sr)Wells Fargo & Co., San Francisco * 1 2.03

10 10 J.P. Morgan & Co., Inc., New York 0.8 0.73

11 2 Chase Manhattan Corp., New York * 0.77 0.92

12 7 Bankers Trust New York Corp. 0.55 0.2

Return on Average Common Equity

Rank Rank ROAE ROAE

19961995 1996 1995

13(sr)Norwest Corp., Minneapolis * 21.62 21.86

2 1 Citicorp, New York 21.53 20.74

3 3 NationsBank Corp., Charlotte, NC * 1 18.39 17.01

4 10 Fleet Financial Group, Inc., Boston * 18.33 9.33

5 4 Banc One Corp., Columbus * 18.1 16.77

6 8 First Chicago NBD Corp., Chicago 17.11 14.33

7 5 First Union Corp., Charlotte, NC 15.64 16.69

8 9 J.P. Morgan & Co., Inc., New York 15.1 13.58

9 6 Bank America Corp., San Francisco 14.63 14.58

10 11 Bankers Trust New York Corp. 12.95 4

11 7 Chase Manhattan Corp., New York * 11.68 14.49

121(sr)Wells Fargo & Co., San Francisco * 8.83 29.69

Nonperforming Assets Ratio

Rank Rank NPAR NPAR

19961995 1996 1995

14(sr)Norwest Corp., Minneapolis * 0.25 0.29

2 1 J.P. Morgan & Co., Inc., New York 0.25 0.06

3 2 First Chicago NBD Corp., Chicago 0.3 0.3

4 6 Chase Manhattan Corp., New York * 0.34 0.55

5 4 Banc One Corp., Columbus * 0.43 0.44

6 9 Bank America Corp., San Francisco 0.45 0.48

7 3 NationsBank Corp., Charlotte, NC * 1 0.56 0.46

8 10 Bankers Trust New York Corp. 0.6 1.1

9 8 First Union Corp., Charlotte, NC 0.61 0.54

10 7 Fleet Financial Group, Inc., Boston * 0.85 0.59

1120(srWells Fargo & Co., San Francisco * 0.9 1.5

12 11 Citicorp, New York 1.5 2.2

Superregional Banks - Assets between $25 billion and $75 billion

Return on Average Assets

Rank Rank ROAA ROAA

19961995 1996 1995

1 2 First Bank System, Inc., Minneapolis 2 2.1 1.73

2 3 Bank of New York Co., Inc., New York 1.86 1.72

3 3 Mellon Bank Corp., Pittsburgh * 1.76 1.72

4 16 US Bancorp , Portland, Oregon * 2 1.47 1.04

5 9 National City Corp., Cleveland 1.45 1.38

6 5 CoreStates Financial Corp., Philadelphia * 1.42 1.59

7 7 Wachovia Corp., Winston-Salem, NC 1.4 1.45

8 12 Boatmen's Bancshares, Inc., Jacksonville, 1.4 1.28

9 11 Barnett Banks Inc., Jacksonville, Fla. * 1.36 1.3

10 20 PNC Bank Corp., Pittsburgh * 1.35 0.54

11 10 Suntrust Banks, Inc., Atlanta 1.25 1.05

12 14 Comerica Inc., Detroit * 1.2 1.21

13 13 KeyCorp, Cleveland 1.17 1.24

14 14 Bank of Boston Corp., Boston * 1.13 1.21

1514(lrSouthTrust Corp., Birmingham, Ala. * 1.08 1.05

16 18 State Street Boston Corp., Boston 1.02 0.94

1710(lrUnion Bk of CA NA * 0.89 1.15

18 19 Republic NY, Corp., New York 0.87 0.68

Return on Average Common Equity

Rank Rank ROAE ROAE

19961995 1996 1995

1 4 First Bank System, Inc., Minneapolis 2 25.39 24.57

2 6 Bank of New York Co., Inc., New York 20.13 19.47

3 7 Mellon Bank Corp., Pittsburgh * 19.56 17.76

4 8 Wachovia Corp., Winston-Salem, NC 18.24 17.67

5 10 KeyCorp, Cleveland 17.77 17.35

6 9 National City Corp., Cleveland 17.73 17.64

7 20 PNC Bank Corp., Pittsburgh * 17.56 7.05

8 17 US Bancorp , Portland, Oregon * 2 17.43 16.66

9 12 State Street Boston Corp., Boston 17.43 16.66

10 13 Barnett Banks Inc., Jacksonville, Fla. * 17.18 16.54

11 5 CoreStates Financial Corp., Philadelphia * 17.15 19.59

12 14 Comerica Inc., Detroit * 16.41 16.46

139(lr)SouthTrust Corp., Birmingham, Ala. * 16.09 15.79

14 11 Bank of Boston Corp., Boston * 15.26 17.14

15 15 Boatmen's Bancshares, Inc., Jacksonville, 14.61 15.15

16 18 Republic NY, Corp., New York 14.45 11.46

17 16 Suntrust Banks, Inc., Atlanta 13.48 14.48

1811(lrUnion Bk of CA NA * 10.78 14.95

Nonperforming Assets Ratio

Rank Rank NPAR NPAR

19961995 1996 1995

1 1 State Street Boston Corp., Boston 0.04 0.07

2 2 Wachovia Corp., Winston-Salem, NC 0.17 0.15

3 3 Republic NY, Corp., New York 0.17 0.23

4 5 National City Corp., Cleveland 0.33 0.38

5 18 Bank of Boston Corp., Boston * 0.37 0.47

6 7 First Bank System, Inc., Minneapolis 2 0.38 0.45

7 14 Mellon Bank Corp., Pittsburgh * 0.41 0.58

8 8 Comerica Inc., Detroit * 0.42 0.46

9 16 Boatmen's Bancshares, Inc., Jacksonville, 0.46 0.59

10 11 Bank of New York Co., Inc., New York 0.5 0.55

11 14 CoreStates Financial Corp., Philadelphia * 0.54 0.58

12 10 Suntrust Banks, Inc., Atlanta 0.54 0.64

13 9 US Bancorp , Portland, Oregon * 2 0.59 0.52

14 12 KeyCorp, Cleveland 0.63 0.73

15 17 PNC Bank Corp., Pittsburgh * 0.63 0.73

1613(lrSouthTrust Corp., Birmingham, Ala. * 0.68 0.9

17 17 Union Bk of CA NA * 0.75 0.74

18 12 Barnett Banks Inc., Jacksonville, Fla. * 0.77 0.78

Return on Average Assets

Rank Rank ROAA ROAA

19961995 1996 1995

1N/A MBNA Corp., Wilmington, Del. 3.14 2.67

2 1 Fifth Third Bancorp, Cincinnati 1.78 1.78

3 2 HSBC Americas, Inc., Buffalo, NY3 1.72 1.57

4 3 Marshall & Ilsey Corp., Milwaukee 1.45 1.52

5 20 Southern National Corp., Winston-Salem, NC 1.36 0.91

6 7 Firstar Corp., Milwaukee 1.29 1.26

7 5 Regions Financial Corp., Birmingham, Ala. 1.28 1.21

8N/A First Security Corp., Salt Lake City, Utah 1.28 0.98

9 6 Huntington Bancshares, Inc., Columbus, Ohi 1.28 1.28

10 11 Northern Trust Corp., Chicago 1.25 1.13

11N/A Citizens Financial Grp, Inc., Providence, 1.18 0.82

12 8 La Salle National Corp, Chicago3 1.15 1.21

13 15 BanPonce Corp., San Juan 1.14 1.04

14 17 First of America Bank Corp., Mich. 1.12 1

15 4 Mercantile Bancorp, Inc., St. Louis * 1.1 1.4

16 12 Summit Bancorp, Princeton, NJ * 1.04 1.11

17 16 AmSouth Bancorp, Birmingham, Ala. 1.02 1.03

18 13 Crestar Financial Corp., Richmond, Va. 0.97 1.08

19N/A Union Planters Corp., Memphis, Tenn. 0.9 1.2

20 18 Harris Bank, Chicago3 0.86 0.96

Return on Average Common Equity

Rank Rank ROAE ROAE

19961995 1996 1995

1N/A MBNA Corp., Wilmington, Del. 33.06 27.91

2 2 HSBC Americas, Inc., Buffalo, NY 3 21.89 18.58

3 1 La Salle National Corp, Chicago 3 19.51 22.94

4 4 Northern Trust Corp., Chicago 18.76 17.58

5 3 Fifth Third Bancorp, Cincinnati 17.32 18.1

6 6 Huntington Bancshares, Inc., Columbus, Ohi 17.3 16.18

7 20 Southern National Corp., Winston-Salem, NC 16.83 11.84

8N/A First Security Corp., Salt Lake City, Utah 16.39 12.17

9 5 Marshall & Ilsey Corp., Milwaukee 16.34 16.7

10N/A Union Planters Corp., Memphis, Tenn. 16.04 13.67

11 13 BanPonce Corp., San Juan 16 13.67

12 10 Firstar Corp., Milwaukee 15.5 15.11

13 8 Regions Financial Corp., Birmingham, Ala. 15.17 14.29

14 14 First of America Bank Corp., Kalamazoo, Mi 14.72 13.89

15N/A Citizens Financial Grp, Inc., Providence, 13.44 9.48

16 17 AmSouth Bancorp, Birmingham, Ala. 13.18 12.89

17 7 Mercantile Bancorp,

Inc., St. Louis * 12.45 16.11

18 12 Summit Bancorp, Princeton, NJ * 12.29 14.37

19 18 Crestar Financial Corp., Richmond, Va. 12.25 12.88

20 15 Harris Bank, Chicago 3 10.93 13.68

Nonperforming Assets Ratio

Rank Rank NPAR NPAR

19961995 1996 1995

1 1 Northern Trust Corp., Chicago 0.1 0.17

2 7 Marshall & Ilsey Corp., Milwaukee 0.21 0.47

3N/A First Security Corp., Salt Lake City, Utah 0.26 0.2

4 20 HSBC Americas, Inc., Buffalo, NY 3 0.29 0.87

5 2 Fifth Third Bancorp, Cincinnati 0.29 0.18

6 5 Harris Bank, Chicago 3 0.3 0.35

7 12 La Salle National Corp, Chicago 3 0.32 0.61

8 6 Huntington Bancshares, Inc., Columbus, Ohi 0.32 0.38

9 3 Southern National Corp., Winston-Salem, NC 0.39 0.39

10 8 Firstar Corp., Milwaukee 0.48 0.51

11 8 Crestar Financial Corp., Richmond, Va. 0.48 0.51

12 15 First of America Bank Corp., Kalamazoo, Mi 0.52 0.63

13 16 AmSouth Bancorp, Birmingham, Ala. 0.52 0.67

14N/A Union Planters Corp., Memphis, Tenn. 0.54 0.38

15 11 Mercantile Bancorp, Inc., St. Louis * 0.58 0.57

16 19 Summit Bancorp, Princeton, NJ * 0.58 1.17

17N/A Citizens Financial Grp, Inc., Providence, 0.62 1

18 18 BanPonce Corp., San Juan 0.91 1

19 3 Regions Financial Corp., Birmingham, Ala. 0.93 0.95

20N/A MBNA Corp., Wilmington, Del. 1.1 1.04 ===

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