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Previous: CHASE MANHATTAN CORP /DE/, 10-Q, 2000-08-14 |
Next: CHASE MANHATTAN CORP /DE/, 10-Q, EX-12.A, 2000-08-14 |
<PAGE> 1
EXHIBIT 11
THE CHASE MANHATTAN CORPORATION
COMPUTATION OF EARNINGS PER COMMON SHARE
For a discussion of the computation of basic and diluted earnings per common
share, see Note 10 of Chase's 1999 Annual Report.
<TABLE>
<CAPTION>
(in millions, except per share amounts) Three Months Ended Six Months Ended
June 30, June 30,
2000 1999 2000 1999
--------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
BASIC EARNINGS PER SHARE
Earnings:
Net Income $ 1,091 $ 1,393 $ 2,451 $ 2,566
Less: Preferred Stock Dividends 17 18 33 36
---------- --------- ---------- ---------
Net Income Applicable to Common Stock $ 1,074 $ 1,375 $ 2,418 $ 2,530
========== ========= ========== =========
Shares:
Basic Average Common Shares Outstanding 1,217.8 1,249.3 1,219.2 1,257.3
Net Income per Share $ 0.88 $ 1.10 $ 1.98 $ 2.01
========== ======== ========== =========
DILUTED EARNINGS PER SHARE
Earnings:
Net Income Applicable to Common Stock $ 1,074 $ 1,375 $ 2,418 $ 2,530
========== ========= ========== =========
Shares:
Basic Average Common Shares Outstanding 1,217.8 1,249.3 1,219.2 1,257.3
Additional Shares Issuable Upon Exercise of Stock Options
for Dilutive Effect 41.7 42.7 43.4 42.6
---------- -------- ---------- ---------
Average Common Shares Outstanding Assuming Dilution 1,259.5 1,292.0 1,262.6 1,299.9
Net Income per Share $ 0.85 $ 1.06 $ 1.92 $ 1.95
========== ======== ========= =========
==================================================================================================================================
</TABLE>
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