<ARTICLE> 9 <LEGEND> The schedule contains summary information extracted from the December 31, 1994, Form 10-K for NationsBank Corporation and is qualified in its entirety by reference to such financial statements. <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <CASH> 9,582 <INT-BEARING-DEPOSITS> 2,159 <FED-FUNDS-SOLD> 11,112 <TRADING-ASSETS> 9,941 <INVESTMENTS-HELD-FOR-SALE> 8,025 <INVESTMENTS-CARRYING> 17,800 <INVESTMENTS-MARKET> 17,101 <LOANS> 103,371 <ALLOWANCE> (2,186) <TOTAL-ASSETS> 169,604 <DEPOSITS> 100,470 <SHORT-TERM> 45,555 <LIABILITIES-OTHER> 4,080 <LONG-TERM> 8,488 <COMMON> 4,740 <PREFERRED-MANDATORY> 0 <PREFERRED> 111 <OTHER-SE> 6,160 <TOTAL-LIABILITIES-AND-EQUITY> 169,604 <INTEREST-LOAN> 7,577 <INTEREST-INVEST> 1,378 <INTEREST-OTHER> 1,574 <INTEREST-TOTAL> 10,529 <INTEREST-DEPOSIT> 2,415 <INTEREST-EXPENSE> 5,318 <INTEREST-INCOME-NET> 5,211 <LOAN-LOSSES> 310 <SECURITIES-GAINS> (13) <EXPENSE-OTHER> 4,930 <INCOME-PRETAX> 2,555 <INCOME-PRE-EXTRAORDINARY> 2,555 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,690 <EPS-PRIMARY> 6.12 <EPS-DILUTED> 6.06 <YIELD-ACTUAL> 3.58 <LOANS-NON> 801 <LOANS-PAST> 146 <LOANS-TROUBLED> 177 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,169 <CHARGE-OFFS> 533 <RECOVERIES> 217 <ALLOWANCE-CLOSE> 2,186 <ALLOWANCE-DOMESTIC> 1,160 <ALLOWANCE-FOREIGN> 11 <ALLOWANCE-UNALLOCATED> 1,015