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Previous: CHASE MANHATTAN CORP /DE/, 10-Q, 2000-11-14 |
Next: CHASE MANHATTAN CORP /DE/, 10-Q, EX-12.A, 2000-11-14 |
<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 Nine Months Ended
------------------ -----------------
September 30, September 30,
2000 1999 2000 1999
---- ---- ---- ----
<S> <C> <C> <C> <C>
BASIC EARNINGS PER SHARE
Earnings:
Net Income $ 884 $ 1,187 $ 3,335 $ 3,753
Less: Preferred Stock Dividends 13 19 46 55
------- ------- ------- -------
Net Income Applicable to Common Stock $ 871 $ 1,168 $ 3,289 $ 3,698
======= ======= ======= =======
Shares:
Basic Average Common Shares Outstanding 1,267.3 1,232.3 1,235.4 1,248.9
Net Income per Share $ 0.69 $ 0.95 $ 2.66 $ 2.96
======= ======= ======= =======
DILUTED EARNINGS PER SHARE
Earnings:
Net Income Applicable to Common Stock $ 871 $ 1,168 $ 3,289 $ 3,698
======= ======= ======= =======
Shares:
Basic Average Common Shares Outstanding 1,267.3 1,232.3 1,235.4 1,248.9
Additional Shares Issuable upon Exercise of Stock Options
for Dilutive Effect 44.5 42.2 43.7 42.5
------- ------- ------- -------
Average Common Shares Outstanding Assuming Dilution 1,311.8 1,274.5 1,279.1 1,291.4
Net Income per Share $ 0.66 $ 0.92 $ 2.57 $ 2.86
======= ======= ======= =======
</TABLE>
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