+++

Performance Study Peer Groups

Asset Total Assets: Mar. 31

Rank ($ millions)

3/31/97 MEGABANKS 1997 1996

1 Chase Manhattan Corp., New York 340,338 301,984

2 Citicorp, New York 290,354 263,566

3 Bank America Corp., San Francisco 249,904 234,243

4 NationsBank Corp., Charlotte, NC 238,958 194,375

5 J.P. Morgan & Co., Inc., New York 226,382 204,747

6 First Union Corp., Charlotte, NC 136,730 130,581

7 Bankers Trust New York Corp. 122,978 108,144

8 First Chicago NBD Corp., Chicago 109,133 115,465

9 Wells Fargo & Co., San Francisco 101,863 48,978

10 Banc One Corp., Columbus 101,588 95,812

11 Norwest Corp., Minneapolis 83,580 73,942

12 Fleet Financial Group, Inc., Boston 81,692 72,123

SUPEREGIONAL BANKS

1 PNC Bank Corp., Pittsburgh 71,166 72,684

2 KeyCorp, Cleveland 67,893 65,052

3 Bank of Boston Corp., Boston 64,780 46,457

4 Bank of New York Co., Inc., New York 58,384 53,317

5 Suntrust Banks, Inc., Atlanta 53,733 46,586

6 Republic NY Corp., New York 54,969 47,144

7 National City Corp., Cleveland 50,381 35,110

8 Wachovia Corp., Winston-Salem, NC 47,491 45,407

9 CoreStates Financial Corp., Philadelph 44,103 28,822

10 Mellon Bank Corp., Pittsburgh 42,068 41,605

11 Barnett Banks Inc., Jacksonville, Fla. 41,848 41,632

12 First Bank System, Inc., Minneapolis 36,000 36,572

13 Comerica Inc., Detroit 34,868 35,461

14 US Bancorp , Portland, Oregon 33,754 31,492

15 State Street Boston Corp., Boston 33,631 27,229

16 UnionBankCal, San Francisco (1) 29,424 7,977

17 SouthTrust Corp., Birmingham, Ala. 27,350 22,624

LARGE REGIONAL BANKS

1 HSBC Americas, Inc., Buffalo, NY (1) 23,630 21,551

2 Summit Bancorp, Princeton, NJ 23,439 22,328

3 Northern Trust Corp., Chicago 23,232 20,302

4 Southern National Corp., Winston-Salem 22,052 20,174

5 Crestar Financial Corp., Richmond, Va. 21,983 17,917

6 Harris Bank, Chicago (1) 21,783 16,899

7 Huntington Bancshares, Inc., Columbus, 21,603 20,138

8 First of America Bank Corp., Kalamazoo 21,471 22,718

9 Fifth Third Bancorp, Cincinnati 20,176 18,854

10 Regions Financial Corp., Birmingham, A 19,786 17,684

11 Firstar Corp., Milwaukee 19,204 19,123

12 Mercantile Bancorp, Inc., St. Louis 18,948 18,119

13 La Salle National Corp., Chicago, IL ( 18,789 16,250

14 AmSouth Bancorp, Birmingham, Ala. 18,014 17,945

15 Popular, Inc., San Juan, PR (3) 17,407 15,805

16 MBNA Corp., Wilmington, DE 17,035 13,531

17 Citizens Financial Group Inc., Provide 15,500 10,205

18 Union Planters Corp., Memphis, Tenn. 14,932 11,369

19 Marshall & Ilsley Corp., Milwaukee 14,890 13,377

20 First Security Corp., Salt Lake City, 14,417 12,752

21 Pacific Century Financial, Honolulu, H 13,987 12,905

22 Old Kent Financial Corp, Michigan 13,186 11,991

23 First Empire State Corp. , Buffalo, NY 13,122 12,671

24 First Tennessee National Corp. 12,976 12,313

25 Compass Bancshares, Birmingham, AL 12,121 10,641

26 Signet Banking Corp, Richmond, VA 11,712 11,068

Sources of Asset Data: American Banker Research, First Quarter 1997 Bank press releases. Money Center banking companies are banks that have assets of $75 billion or more on March 31, 1997. Superregional banking companies are banks with assets between $25 billion and $75 billion on March 31, 1997. Large regional banking companies are banks with assets between $10 billion and $25 billion on March 31, 1997. Only the 26 largest in the group are listed. (1) US subsidiary of a Foreign Banking institution.(2) Formerly known as Bancorp Hawaii. (3) Formerly known as BanPonce Corp. ===

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.