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Megabanks - Assets of $75 billion or more as of March 31, 1998
part 1 of 2
Return on Average Assets
Rank
1 qtr. 1 qtr
'98 '97
2 2 Banc One Corp., Columbus, Ohio (B)
1 1 Norwest Corp., Minneapolis
3 3 First Union Corp., Charlotte, N.C.
4 9 NationsBank Corp., Charlotte, N.C.
5 4 Fleet Financial Group, Boston
6 3 First Chicago NBD Corp.
7 6 Citicorp, New York (a)
8 7 Wells Fargo & Co., San Francisco (A)
9 8 BankAmerica Corp., San Francisco
10 10 Chase Manhattan Corp., New York
11 12 Bankers Trust New York Corp.
12 11 J.P. Morgan & Co., New York
Return on Common Equity
Rank
1 qtr. 1 qtr
'98 '97
1 1 Norwest Corp., Minneapolis
2 2 Citicorp, New York
3 6 Banc One Corp., Columbus, Ohio
4 3 First Union Corp., Charlotte, N.C.
5 7 First Chicago NBD Corp.
6 11 NationsBank Corp., Charlotte, N.C.
7 8 BankAmerica Corp., San Francisco
8 10 Bankers Trust New York Corp.
9 5 Fleet Financial Group, Boston
10 4 Chase Manhattan Corp., New York
11 12 Wells Fargo & Co., San Francisco
12 9 J.P. Morgan & Co., New York
Nonperforming Asset Ratio
Rank
1 qtr. 1 qtr
'98 '97
1 1 J.P. Morgan & Co., New York
2 3 First Chicago NBD Corp.
3 9 Fleet Financial Group, Boston
4 4 Norwest Corp., Minneapolis
5 8 BankAmerica Corp., San Francisco
6 2 Banc One Corp., Columbus, Ohio (B)
7 6 First Union Corp., Charlotte, N.C.
8 5 Chase Manhattan Corp., New York
9 7 NationsBank Corp., Charlotte, N.C.
10 10 Wells Fargo & Co., San Francisco (A)
11 12 Citicorp, New York (a)
12 11 Bankers Trust New York Corp.
part 1 of 2
Return on Average Assets
Rank
1 qtr. 1 qtr 3/31/98 3/31/97
'98 '97 (Ann.) (Ann.)
2 2 Banc One Corp., Columbu 1.84% 1.40%
1 1 Norwest Corp., Minneapo 1.69 1.63
3 3 First Union Corp., Char 1.5 1.4
4 9 NationsBank Corp., Char 1.47 1.22
5 4 Fleet Financial Group, 1.43 1.56
6 3 First Chicago NBD Corp. 1.38 1.47
7 6 Citicorp, New York (a) 1.38 1.41
8 7 Wells Fargo & Co., San 1.34 1.31
9 8 BankAmerica Corp., San 1.28 1.25
10 10 Chase Manhattan Corp., 0.78 1.11
11 12 Bankers Trust New York 0.6 0.64
12 11 J.P. Morgan & Co., New 0.34 0.73
Return on Common Equity
Rank
1 qtr. 1 qtr 3/31/98 3/31/97
'98 '97 (Ann.) (Ann.)
1 1 Norwest Corp., Minneapo 22.90% 22.70%
2 2 Citicorp, New York 21.7 20.8
3 6 Banc One Corp., Columbu 20.75 16.3
4 3 First Union Corp., Char 20.21 19.15
5 7 First Chicago NBD Corp. 19.9 17.8
6 11 NationsBank Corp., Char 19.01 14.69
7 8 BankAmerica Corp., San 17.89 16.5
8 10 Bankers Trust New York 16.7 14.7
9 5 Fleet Financial Group, 16 19.17
10 4 Chase Manhattan Corp., 13.35 17.78
11 12 Wells Fargo & Co., San 10.07 10.02
12 9 J.P. Morgan & Co., New 8.61 15.7
Nonperforming Asset Ratio
Rank
1 qtr. 1 qtr 3/31/98 3/31/97
'98 '97 (Ann.) (Ann.)
1 1 J.P. Morgan & Co., New 0.24% 0.05%
2 3 First Chicago NBD Corp. 0.5 0.4
3 9 Fleet Financial Group, 0.57 1.17
4 4 Norwest Corp., Minneapo 0.61 0.55
5 8 BankAmerica Corp., San 0.63 0.61
6 2 Banc One Corp., Columbu 0.72 0.53
7 6 First Union Corp., Char 0.74 0.8
8 5 Chase Manhattan Corp., 0.81 0.74
9 7 NationsBank Corp., Char 0.86 0.81
10 10 Wells Fargo & Co., San 1.04 1.32
11 12 Citicorp, New York (a) 2 2.4
12 11 Bankers Trust New York 3.6 3.1
