Top 100 Earners in Banking in 1995

+++ Among banks and bank holding companies. Based on net income after accounting changes and extraordinary items (dollar amounts in thousands)

part 1 of 2

Rank Net Income For Full Year

1995 Name 1995 1994

1 Citicorp, New York 3,464,000 3,366,000

2 BankAmerica Corp., San Francisco 2,664,000 2,176,000

3 NationsBank Corp., Charlotte, N.C. 1,950,164 1,689,858

4 Chemical Banking Corp., New York 1,805,000 1,294,000

5 First Union Corp., Charlotte, N.C. 1,430,181 925,380

6 J.P. Morgan & Co., Inc., New York 1,296,000 1,215,420

7 Banc One Corp., Columbus, Ohio 1,277,863 1,005,109

8 Chase Manhattan Corp., New York 1,165,000 1,205,000

9 First Chicago NBD Corp. (a) 1,150,000 531,664

10 Wells Fargo & Co., San Francisco 1,032,000 840,614

11 Norwest Corp., Minneapolis 956,000 800,400

12 Bank of New York Co., Inc. 913,891 749,200

13 First Interstate Bancorp, Los Angeles 885,100 733,500

14 KeyCorp, Cleveland 824,982 853,490

15 Mellon Bank Corp., Pittsburgh 691,000 433,000

16 Fleet Financial Group, Inc., Boston 609,953 612,931

17 Wachovia Corp., Winston-Salem, N.C. 602,543 539,058

18 First Bank System, Inc., Minneapolis 568,100 419,800

19 SunTrust Banks, Inc., Atlanta 565,500 522,744

20 Bank of Boston Corp. 540,981 435,362

21 Barnett Banks, Inc., Jacksonville, Fla. 533,301 487,971

22 National City Corp., Cleveland 465,109 429,434

23 CoreStates Financial Corp, Philadelphia 452,237 245,362

24 Boatmen s Bancshares, Inc., St. Louis, Mo. 418,835 355,332

25 Comerica, Inc., Detroit 413,366 387,242

26 PNC Bank Corp., Pittsburgh 408,060 610,062

27 MBNA Corp., Newark, Del. 353,099 266,593

28 U.S. Bancorp, Portland, Ore. 328,971 151,495

29 National Westminster Bancorp, Inc., Jersey City 305,622 298,598

30 HSBC Americas, Inc., Buffalo, N.Y. (f) 291,687 229,309

31 Republic New York Corp. 288,649 340,008

32 Fifth Third Bancorp, Cincinnati 287,685 244,459

33 Greenwood Trust Co., New Castle, Del. (n) 287,435 413,754

34 State Street Boston Corp. 247,109 207,413

35 Huntington Bancshares, Inc., Columbus, Ohio 244,489 242,593

36 First USA Bank, Wilmington, Del. (n) 237,312 194,444

37 First of America Bank Corp., Kalamazoo, Mich. 236,708 220,503

38 Firstar Corp., Milwaukee 228,913 207,743

39 Northern Trust Corp., Chicago 220,000 182,177

40 American Express Centurion Bank, Wilmington, De 217,217 224,329

41 Mercantile Bancorporation Inc., St. Louis, Mo. 216,835 161,029

42 Bankers Trust New York Corp. 215,000 615,000

43 Union Bank, San Francisco (f) 207,341 75,261

44 SouthTrust Corp., Birmingham, Ala. 199,005 173,002

45 Marshall & Ilsley Corp., Milwaukee, Wis . 193,299 105,940

46 Crestar Financial Corp., Richmond 179,797 169,079

47 Southern National Corp., Winston-Salem, N.C. 178,133 109,644

48 AmSouth Bancorporation, Birmingham, Ala. 174,955 127,290

49 LaSalle National Corp., Chicago (f) 174,740 134,639

50 Regions Financial Corp., Birmingham, Ala. 172,824 145,884

51 UJB Financial Corp., Princeton, N.J. (b) 170,367 130,150

52 Meridian Bancorp., Inc., Reading, Pa. 169,814 159,358

53 First Tennessee National Corp., Memphis 164,888 146,349

54 Harris Bank, Chicago (f) 163,800 97,346

55 BanPonce Corp., Ponce, P.R. 146,361 124,749

56 Old Kent Financial Corp., Grand Rapids, Mich. 141,814 136,107

57 BayBanks, Inc., Boston 137,374 107,437

58 Star Banc Corp., Cincinnati 136,603 116,591

59 Union Planters Corp., Memphis, Tenn. 135,402 58,608

60 Signet Banking Corp., Richmond 133,830 149,834

61 First Empire State Corp., Buffalo, N.Y. 131,036 117,295

62 Integra Financial Corp., Pittsburgh 128,390 169,033

63 Hibernia Corp., New Orleans, La. 123,859 84,651

64 Bancorp Hawaii, Inc., Honolulu 121,800 117,738

65 First Maryland Bancorp., Baltimore (f) 120,187 111,140

66 First Security Corp., Salt Lake City, Utah 120,005 140,134

67 Synovus Financial Corp., Columbus, Ga. 114,583 86,448

68 First Virginia Banks, Inc., Falls Church 111,599 113,221

69 Compass Bancshares, Inc., Birmingham, Ala. 110,265 99,671

70 European American Bank, New York 109,469 88,690

71 First Deposit National Bank, Tilton, N.H. (n) 109,313 100,709

72 Commerce Bancshares, Inc., Kansas City, Mo. 107,640 96,111

73 Canadian Imperial Holdings, Inc., New York (f) 106,374 99,128

74 BanCal Tri-State Corp., San Francisco (f) 105,601 196,696

75 Central Fidelity Banks Inc., Richmond 105,370 84,864

76 Mercantile Bankshares Corp., Baltimore 104,432 90,441

77 First American Corp., Nashville, Tenn. 103,080 90,732

78 Michigan National Corp., Farmington Hills (f) 101,955 171,702

79 Wilmington Trust Corp., Del. 90,031 85,169

80 Riggs National Corp., Washington, D.C. 87,802 34,019

81 Citizens Financial Group, Inc., Providence, R.I 83,693 56,481

82 First National of Nebraska, Inc., Omaha 82,200 77,133

83 Zions Bancorporation, Salt Lake City, Utah 81,328 63,827

84 Capital One Bank, Glen Allen, Va. (n) 80,715 1,412

85 First Hawaiian, Inc., Honolulu 77,005 72,511

86 First Commerce Corp., New Orleans, La. 75,951 63,684

87 Monogram Credit Card Bank, Atlanta, Ga. (n) 74,392 60,056

88 Deposit Guaranty Corp., Jackson, Miss. 72,620 67,130

89 Summit Bancorporation, Chatham, N.J. (b) 72,503 24,400

90 Provident Bancorp, Inc., Cincinnati 71,860 57,666

91 Colonial National Bank USA, Clayton, Del. (n) 70,864 74,670

92 Bank South Corp., Atlanta (d) 67,826 80,151

93 Fourth Financial Corp., Wichita, Kan. (e) 65,700 83,122

94 Dauphin Deposit Corp., Harrisburg, Pa. 65,565 70,039

95 Valley National Bancorp, Wayne, N.J. 62,596 59,044

96 Keystone Financial, Inc., Harrisburg, Pa. 61,314 51,359

97 Trustmark Corp., Jackson, Miss. 59,758 55,005

98 Centura Banks, Inc., Rocky Mount, N.C. 58,038 49,561

99 CCB Financial Corp., Durham, N.C. 57,860 38,478

100 Premier Bancorp, Inc., Baton Rouge, La. (g) 57,428 69,472

part 2 of 2

PROFITABILITY RATIO (%)

Rank Rank Change Return on avg. Return on avg.

assets equity

1995 Name 1994 In Rank 1995 1994 1995

1 Citicorp, New York 1 1.29 1.29 20.8

2 BankAmerica Corp., 2 1.17 1.08 14.58

3 NationsBank Corp., 3 1.03 1.02 17.01

4 Chemical Banking Co 4 1 0.78 17.08

5 First Union Corp., 8 3 1.21 1.27 16.69

6 J.P. Morgan & Co., 5 -1 0.73 0.7 13.6

7 Banc One Corp., Col 7 1.47 1.15 16.77

8 Chase Manhattan Cor 6 -2 0.92 1.01 14.49

9 First Chicago NBD C 19 10 0.94 1.25 14.3

10 Wells Fargo & Co., 10 2.03 1.62 29.7

11 Norwest Corp., Minn 11 1.44 1.45 22.3

12 Bank of New York Co 12 1.72 1.49 19.42

13 First Interstate Ba 13 1.59 1.54 24.57

14 KeyCorp, Cleveland 9 -5 1.24 1.36 17.35

15 Mellon Bank Corp., 24 9 1.72 1.14 17.77

16 Fleet Financial Gro 16 0.74 1.27 9.32

17 Wachovia Corp., Win 18 1 1.45 1.46 17.67

18 First Bank System, 26 8 1.73 1.63 21.28

19 SunTrust Banks, Inc 20 1 1.31 1.32 14.48

20 Bank of Boston Corp 23 3 1.21 1.03 17.14

21 Barnett Banks, Inc. 21 1.3 1.28 16.54

22 National City Corp. 25 3 1.38 1.4 17.64

23 CoreStates Financia 34 11 1.59 0.9 19.59

24 Boatmen s Bancshare 29 5 1.28 1.29 15.15

25 Comerica, Inc., Det 28 3 1.21 1.23 16.46

26 PNC Bank Corp., Pit 17 -9 0.54 1 7.05

27 MBNA Corp., Newark, 33 6 3.09 3.16 35.51

28 U.S. Bancorp, Portl 52 24 1.09 0.72 12.9

29 National Westminste 31 2 0.95 1.16 10.04

30 HSBC Americas, Inc. 38 8 1.57 1.37 18.58

31 Republic New York C 30 -1 0.7 0.82 11.73

32 Fifth Third Bancorp 35 3 1.78 1.77 18.13

33 Greenwood Trust Co. 27 -6 3.54 5.49 30.3

34 State Street Boston 42 8 0.94 0.95 16.66

35 Huntington Bancshar 36 1 1.28 1.45 16.27

36 First USA Bank, Wil 44 8 3.6 3.09 40.4

37 First of America Ba 40 3 1 0.98 13.89

38 Firstar Corp., Milw 41 3 1.26 1.51 15.11

39 Northern Trust Corp 45 6 1.13 1.02 17.58

40 American Express Ce 39 -1 1.98 2.21 22.16

41 Mercantile Bancorpo 50 9 1.4 1.33 16.11

42 Bankers Trust New Y 15 -27 0.2 0.59 3.98

43 Union Bank, San Fra 87 44 1.15 0.47 15.07

44 SouthTrust Corp., B 46 2 1.05 1.09 15.79

45 Marshall & Ilsley C 70 25 1.52 0.76 16.41

46 Crestar Financial C 48 2 1.08 1.24 12.88

47 Southern National C 68 21 0.88 1.32 11.56

48 AmSouth Bancorporat 60 12 1.03 0.83 12.89

49 LaSalle National Co 58 9 1.21 1.05 22.94

50 Regions Financial C 55 5 1.29 1.29 15.81

51 UJB Financial Corp. 59 8 1.11 0.88 14.37

52 Meridian Bancorp., 51 -1 1.16 1.1 13.68

53 First Tennessee Nat 54 1 1.45 1.45 20.04

54 Harris Bank, Chicag 75 21 0.96 0.68 13.7

55 BanPonce Corp., Pon 61 6 1.04 1.02 14.22

56 Old Kent Financial 57 1 1.21 1.33 14.76

57 BayBanks, Inc., Bos 69 12 1.23 1.04 16

58 Star Banc Corp., Ci 65 7 1.45 1.41 17.59

59 Union Planters Corp 99 40 1.24 0.58 15.92

60 Signet Banking Corp 53 -7 1.12 1.41 14.65

61 First Empire State 64 3 1.23 1.17 18.14

62 Integra Financial C 49 -13 0.9 1.24 12.71

63 Hibernia Corp., New 83 20 1.78 1.35 19.22

64 Bancorp Hawaii, Inc 63 -1 0.98 0.93 11.87

65 First Maryland Banc 67 2 1.23 1.06 11.23

66 First Security Corp 56 -10 0.98 1.26 12.17

67 Synovus Financial C 80 13 1.53 1.5 17.92

68 First Virginia Bank 66 -2 1.41 1.58 13.34

69 Compass Bancshares, 73 4 1.16 1.24 16.93

70 European American B 79 9 1.46 1.4 20.39

71 First Deposit Natio 72 1 5.03s 54.74

72 Commerce Bancshares 76 4 1.21 1.21 12.72

73 Canadian Imperial H 74 1 1.76 1.76 12.01

74 BanCal Tri-State Co 43 -31 1.37 2.68 11.78

75 Central Fidelity Ba 82 7 1.03 0.89 13.99

76 Mercantile Bankshar 78 2 1.74 1.56 13.86

77 First American Corp 77 1.21 1.25 14.64

78 Michigan National C 47 -31 1.21 1.8 11.27

79 Wilmington Trust Co 81 2 1.83 1.88 20.7

80 Riggs National Corp 127 47 1.92 0.76 35.73

81 Citizens Financial 101 20 0.96 0.55 11.11

82 First National of N 86 4 1.5 1.69 21

83 Zions Bancorporatio 94 11 1.44 1.17 20.47

84 Capital One Bank, Gc . 1.83.... 19.75

85 First Hawaiian, Inc 89 4 1.02 1.01 12.03

86 First Commerce Corp 95 9 0.93 0.99 11.41

87 Monogram Credit Car 97 10 2.58 2.74 6.84

88 Deposit Guaranty C 93 5 1.3 1.36 14.58

89 Summit Bancorporati 151 62 1.32 0.45 15.86

90 Provident Bancorp, 100 10 1.29 1.24 18.37

91 Colonial National B 88 -3 4.02s 47.46

92 Bank South Corp., A 85 -7 0.92 1.28 11.51

93 Fourth Financial Co 84 -9 0.87 1.13 10.81

94 Dauphin Deposit Cor 91 -3 1.31 1.35 12.81

95 Valley National Ban 98 3 1.4 1.6 16.6

96 Keystone Financial, 105 9 1.29 1.16 14.06

97 Trustmark Corp., Ja 102 5 1.23 1.15 13.23

98 Centura Banks, Inc. 107 9 1.22 1.21 15.44

99 CCB Financial Corp. 121 22 1.2 1.16 14.56

100 Premier Bancorp, In 92 -8 1.05 1.39 12.19

part 3 of 3

OTHER PERFORMANCE RATIOS (%)

Rank Net Interest MarNonperf. Assets

1995 Name 1994 1995 1994 1995 1994

1 Citicorp, New York 25.8 4.74 4.19 2.33 2.86

2 BankAmerica Corp., 13.2 4.51 4.5 1.07 1.27

3 NationsBank Corp., 16.1 3.33 3.58 0.46 0.67

4 Chemical Banking Co 12.32 3.33 3.61 0.5 0.66

5 First Union Corp., 16.66 4.46 4.77 0.63 0.72

6 J.P. Morgan & Co., 14.49 1.55 1.56 0.06 0.14

7 Banc One Corp., Col 13.35 5.37 5.46 0.48 0.52

8 Chase Manhattan Cor 15.79 3.5 3.89 0.6 0.79

9 First Chicago NBD C 16.49 3.14 4.22 0.33 0.44

10 Wells Fargo & Co., 22.41 5.8 5.55 1.49 1.39

11 Norwest Corp., Minn 21.4 5.58 5.66 0.29 0.4

12 Bank of New York Co 18.49 4.53 4.11 0.55 1.1

13 First Interstate Ba 26.19 5.43 5.14 0.4 0.46

14 KeyCorp, Cleveland 18.87 4.47 4.83 0.57 0.51

15 Mellon Bank Corp., 9.79 4.43 4.71 0.85 0.89

16 Fleet Financial Gro 18.77 4.12 4.64 0.59 1.06

17 Wachovia Corp., Win 17.41 4.16 4.34 0.24 0.26

18 First Bank System, 19.26 4.91 5.28 0.45 0.58

19 SunTrust Banks, Inc 17.66 4.49 4.64 0.54 0.64

20 Bank of Boston Corp 16.08 4.45 4.14 0.81 1.14

21 Barnett Banks, Inc. 16.7 4.88 4.87 0.57 1.01

22 National City Corp. 17.06 4.44 4.65 0.38 0.4

23 CoreStates Financia 10.96 5.97 5.8 0.58 1.06

24 Boatmen s Bancshare 16.31 4.26 4.32 0.59 0.59

25 Comerica, Inc., Det 16.74 4.19 4.32 0.46 0.61

26 PNC Bank Corp., Pit 14.1 3.15 3.4 0.73 0.7

27 MBNA Corp., Newark, 32.7 5.74 7.61 0.36 0.02

28 U.S. Bancorp, Portl 8.58 5.38 5.35 0.52 0.94

29 National Westminste 12.76 3.71 4.12 1.31 1.49

30 HSBC Americas, Inc. 16.45 5.06 4.6 2.15 1.5

31 Republic New York C 15.2 2.61 2.64 0.23 0.27

32 Fifth Third Bancorp 18.6 3.9 4.16 0.24 0.18

33 Greenwood Trust Co. 46.42 11.42 10.26 1.42 1.26

34 State Street Boston 17.55 2.02 2.04 0.07 0.13

35 Huntington Bancshar 17.29 4.15 4.96 0.43 0.54

36 First USA Bank, Wil 39.73 5.41 5.66 0s 0.00

37 First of America Ba 14.43 4.28 4.58 0.63 0.57

38 Firstar Corp., Milw 16.97 4.55 5.03 0.51 0.38

39 Northern Trust Corp 16.57 2.3 2.36 0.17 0.16

40 American Express Ce 23.89 7.4 7.33 1.06s 0.80

41 Mercantile Bancorpo 15.82 4.25 4.67 0.57 0.31

42 Bankers Trust New Y 14.6 1.04 1.64 1.06 1.47

43 Union Bank, San Fra 5.89 5.21 4.97 0.74 1.06

44 SouthTrust Corp., B 15.86 4.01 4.23 0.59 0.65

45 Marshall & Ilsley C 8.6 4.3 4.4 0.47 0.48

46 Crestar Financial C 15.38 4.61 4.83 0.51 0.68

47 Southern National C 19.95 4.05 4.27 0.33 0.28

48 AmSouth Bancorporat 10.24 3.9 4.14 0.65 0.79

49 LaSalle National Co 21.27 3.93 4.12 0.58 0.63

50 Regions Financial C 15.97 4.1 4.26 0.33 0.36

51 UJB Financial Corp. 12.36 4.71 4.63 1.78 1.29

52 Meridian Bancorp., 13.26 4.67 4.73 0.6 0.81

53 First Tennessee Nat 20.04 3.92 4.28 0.26 0.35

54 Harris Bank, Chicag 9.7 3.75 3.95 0.35 0.62

55 BanPonce Corp., Pon 13.8 4.74 4.68 0.99 0.84

56 Old Kent Financial 16.04 4.46 4.6 0.45 0.62

57 BayBanks, Inc., Bos 14.5 5.11 5.04 0.7 1.26

58 Star Banc Corp., Ci 16.59 4.44 4.55 0.42 0.41

59 Union Planters Corp 7.4 4.59 4.39 0.37 0.25

60 Signet Banking Corp 15.55 5.07 4.34 0.49 3.75

61 First Empire State 16.64 4.36 4.89 0.84 0.83

62 Integra Financial C 17.95 3.86 4.2 0.53 0.71

63 Hibernia Corp., New 15.63 4.7 4.55 0.56 0.55

64 Bancorp Hawaii, Inc 12.13 3.72 3.82 0.43 0.42

65 First Maryland Banc 11.59 4.47 4.51 0.43 0.81

66 First Security Corp 16.13 4.39 4.64 0.2 0.22

67 Synovus Financial C 17.51 5.15 5.11 0.44 0.72

68 First Virginia Bank 15.76 5 5.28 0.35 0.33

69 Compass Bancshares, 17.35 4.01 4.54 0.35 0.21

70 European American B 20.57 4.41 4.76 0.25 0.3

71 First Deposit Natios 12.7s 0.35s 0.47

72 Commerce Bancshares 13.05 4.5 4.46 0.35 0.23

73 Canadian Imperial H 13.63 2.83 2.54 0.41 0.91

74 BanCal Tri-State Co 35.3 4.64 4.1 1.28 2.97

75 Central Fidelity Ba 11.85 3.59 3.8 0.61 0.9

76 Mercantile Bankshar 12.84 5.12 4.86 0.38 0.74

77 First American Corp 15.23 4 4.27 0.32 0.27

78 Michigan National C 19.5 4.85 4.74 1.39 1.65

79 Wilmington Trust Co 20.84 4.54 4.64 0.89 0.98

80 Riggs National Corp 19.58 3.74 3.89 0.97 1.71

81 Citizens Financial 9.13 4.02 4.16 1.4 1.3

82 First National of N 24.09 7.39s 1.57s 1.52

83 Zions Bancorporatio 18.82 4.5 4.07 0.33 0.38

84 Capital One Bank, G.... 5.35s c s 0.83c

85 First Hawaiian, Inc 11.73 4.36 4.63 1.22 0.84

86 First Commerce Corp 13.48 4.68 4.42 1.17 0.55

87 Monogram Credit Car 6.1 14.32 14.37 3.56s 2.04

88 Deposit Guaranty C 15.61 4.75 4.24 0.48 0.63

89 Summit Bancorporati 5.46 4.3 4.26 1.25 0.92

90 Provident Bancorp, 17.66 3.86 4.14 0.77 0.2

91 Colonial National Bs 3.28s 0.31s 0.27

92 Bank South Corp., A 14.26 3.71 4.56 0.16 0.37

93 Fourth Financial Co 15.34 4.14 4.3 0.41 0.46

94 Dauphin Deposit Cor 13.92 4 4.17 0.28 0.53

95 Valley National Ban 22.03 4.28 4.56 0.67 0.69

96 Keystone Financial, 12.71 4.49 4.63 0.52 0.65

97 Trustmark Corp., Ja 13.42 4.31 4.51 0.28 0.35

98 Centura Banks, Inc. 15.59 4.76 4.98 0.4 0.5

99 CCB Financial Corp. 14.9 4.7 4.87 0.24 0.35

100 Premier Bancorp, In 17.63 4.61 4.85 0.55 0.6 ===

Sources of Data: American Banker survey, SNL Securities, Charlottesville, VA., Sheshunoff Information Services Inc., Austin, Tex., and the companies earnings releases and annual reports. Data are consolidated to include domestic and foreign subsidiaries. Data for 1994 are as reported in 1995 and have not been restated for mergers or changes in accounting principles. Net Income is income after taxes, changes in accounting principles and extraordinary items. Data for 1994 are as reported in 1995 and have not been restated for mergers or changes in accounting principles. Return on average assets is net income, as defined above, as a percentage of average assets. Return on average (common) equity is net income as defined above less preferred dividends as a percentage of average common equity. Please note that the profitability ratios published here may differ from ratios reported in the March 18th Performance Review, because the data are not restated here. Net interest margin is tax adjusted net interest income as a percentage of gross interest bearing financial assets. Nonperforming assets are the sum of nonaccrual loans, restructured loans, and other real estate owned. The ratio is nonperforming assets as a percentage of total assets at yearend. (a)- The merger of First Chicago Corp. and NBD Bancorp, Detroit was completed Dec. 1. The 1994 data are for the former NBD Bancorp. (f)- Majority owned by a foreign bank. (n)- Owned by a nonbank company. (s)- As of Sept. 30, 1995 (or first nine months of 1995). Compiled by American Banker, 1996.

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