SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: June 15, 1998 Commission file number 1-5805
THE CHASE MANHATTAN CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 13-2624428
(State or other jurisdiction (I.R.S. Employer
of incorporation) Identification No.)
270 Park Avenue, New York, NY 10017
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 270-6000
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Item 5. Other Events
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In connection with the 2 for 1 stock split approved by stockholders of The Chase
Manhattan Corporation ("Chase") on May 19, 1998, the additional shares issued as
a result of the split were mailed on June 12, 1998 to stockholders of record at
the close of business on May 20, 1998.
A copy of Chase's Selected Financial Data reflecting the 2 for 1 stock split is
attached as an exhibit hereto.
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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
The following exhibit is filed with this report:
Exhibit Number Description
99.1 Selected Financial Data reflecting the 2 for 1
Stock Split
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE CHASE MANHATTAN CORPORATION
(Registrant)
Dated June 15, 1998 by /s/JOSEPH L. SCLAFANI
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Joseph L. Sclafani
Controller
[Principal Accounting Officer]
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EXHIBIT INDEX
Exhibit Number Description Page at Which Located
99.1 Selected Financial Data reflecting
the 2 for 1 Stock Split 6
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THE CHASE MANHATTAN CORPORATION
SELECTED FINANCIAL DATA REFLECTING
THE 2 FOR 1 STOCK SPLIT
<TABLE>
<CAPTION>
As of or for the Period Ended:
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1QTR98 4QTR97 3QTR97 2QTR97 1QTR97 4QTR96 3QTR96 2QTR96 1QTR96
------ ------ ------ ------ ------ ------ ------ ------ ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AS REPORTED BASIS
Net Income (Loss) Per Common Share:
Basic $ 0.82 $ 1.00 $ 1.11 $ 1.03 $ 1.01 $ 0.89 $ 0.92 $ 0.92 $(0.16)
Diluted 0.80 0.97 1.08 1.00 0.99 0.87 0.89 0.89 (0.16)
Cash Dividends Declared $ 0.36 $ 0.31 $ 0.31 $ 0.31 $ 0.31 $ 0.28 $ 0.28 $ 0.28 $ 0.28
Book Value at Period End 24.27 23.76 23.10 22.22 21.29 21.29 21.02 20.24 19.71
Market Value - High 69.56 63.28 60.25 52.19 55.25 47.94 40.63 37.19 36.75
- Low 49.28 51.25 46.81 42.31 42.81 39.94 32.13 32.13 26.06
- Close 67.44 54.75 59.00 48.53 46.94 44.69 40.06 35.31 35.25
Basic Average Common Shares 844.8 842.6 844.8 848.6 860.8 876.0 876.6 871.2 870.2
Average Common Shares Assuming Dilution 867.4 864.4 869.4 868.8 884.0 897.6 900.8 896.2 898.2
Common Shares at Period End 851.7 841.9 841.1 846.5 856.7 861.6 879.8 874.1 868.6
MANAGED OPERATING BASIS (a)
Net Income Per Common Share:
Basic $ 1.21 $ 0.97 $ 1.23 $ 1.08 $ 1.04 $ 0.97 $ 0.94 $ 0.93 $ 0.93
Diluted 1.17 0.94 1.19 1.06 1.01 0.94 0.91 0.91 0.91
As of or for the Period Ended:
--------------------------------------------
YTD1997 YTD1996 YTD1995 YTD1994 YTD1993
------- ------- ------- ------- -------
<S> <C> <C> <C> <C> <C>
AS REPORTED BASIS
Net Income Per Common Share:
Basic $ 4.15 $ 2.57 $ 3.16 $ 2.53 $ 2.44
Diluted 4.01 2.47 3.02 2.49 2.40
Cash Dividends Declared $ 1.24 $ 1.12 $ 0.97 $ 0.82 $ 0.69
Book Value at Period End 23.76 21.29 20.90 18.69 18.05
Market Value - High 63.28 47.94 32.38 21.06 23.19
- Low 42.31 26.06 17.88 16.81 17.50
- Close 54.75 44.69 29.38 17.94 20.06
Basic Average Common Shares 849.2 873.6 863.2 878.8 860.8
Average Common Shares Assuming Dilution 878.4 906.8 907.0 901.8 883.4
Common Shares at Period End 841.9 861.6 870.0 857.5 889.1
MANAGED OPERATING BASIS (a)
Net Income Per Common Share:
Basic $ 4.32 $ 3.77 $ 3.10 $ 2.61 $ 1.93
Diluted 4.17 3.64 2.96 2.57 1.90
</TABLE>
(a) Excludes the impact of credit card securitizations, restructuring costs and
special items.
