ROANOKE TIMES 
                      Copyright (c) 1997, Roanoke Times

DATE: Tuesday, January 14, 1997              TAG: 9701140071
SECTION: BUSINESS                 PAGE: B5   EDITION: METRO 


REPORTED EARNINGS

NationsBank Corp.

4th qtr. ended 12-31 1996 1995

Net Interest Income $1.612 billion $1.438 billion

Net Income $632 million $510 million

Share earnings $2.19 $1.87

Year ended 12-31

Net Interest Income $6.423 billion $5.560 billion

Net Income $2.452 billion $1.950 billion

Share earnings $8.26 $7.13

NationsBank Corp., based in Charlotte, N.C., took a one-time charge of $77 million related to its merger with Bank South. This would have decreased its net income to $2.38 billion and its earnings per share to $8; however, the bank's statement does not reflect the charge.


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