<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SOUTHWEST
GAS CORPORATION'S FORM 10-Q FOR THE THREE MONTHS ENDED MARCH 31, 1995 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-31-1995
<CASH>                                          33,991<F1>
<INT-BEARING-DEPOSITS>                          87,289<F1>
<FED-FUNDS-SOLD>                                     0<F1>
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                    511,570<F1>
<INVESTMENTS-CARRYING>                          99,772<F1>
<INVESTMENTS-MARKET>                            97,661<F1>
<LOANS>                                      1,000,164<F1>
<ALLOWANCE>                                     18,105<F1>
<TOTAL-ASSETS>                               3,095,417<F2><F3>
<DEPOSITS>                                   1,255,993<F1>
<SHORT-TERM>                                   214,674<F1>
<LIABILITIES-OTHER>                            346,348<F4>
<LONG-TERM>                                    844,821<F2>
<COMMON>                                        23,158<F2>
<PREFERRED-MANDATORY>                            4,000<F2>
<PREFERRED>                                          0
<OTHER-SE>                                     366,423<F2>
<TOTAL-LIABILITIES-AND-EQUITY>               3,095,417<F2>
<INTEREST-LOAN>                                 21,247<F1>
<INTEREST-INVEST>                               10,481<F1>
<INTEREST-OTHER>                                 1,483<F1>
<INTEREST-TOTAL>                                33,211<F1>
<INTEREST-DEPOSIT>                              12,404<F1>
<INTEREST-EXPENSE>                              18,429<F1>
<INTEREST-INCOME-NET>                           14,782<F1>
<LOAN-LOSSES>                                    1,364<F1>
<SECURITIES-GAINS>                                  72<F1>
<EXPENSE-OTHER>                                 12,549<F5>
<INCOME-PRETAX>                                 24,357<F2>
<INCOME-PRE-EXTRAORDINARY>                      14,645<F2>
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    14,645<F2>
<EPS-PRIMARY>                                     0.68<F2>
<EPS-DILUTED>                                     0.68<F2>
<YIELD-ACTUAL>                                    3.53<F1>
<LOANS-NON>                                     13,388<F1>
<LOANS-PAST>                                         0<F1>
<LOANS-TROUBLED>                                17,292<F1>
<LOANS-PROBLEM>                                 31,900<F1>
<ALLOWANCE-OPEN>                                17,659<F1>
<CHARGE-OFFS>                                    1,366<F1>
<RECOVERIES>                                       448<F1>
<ALLOWANCE-CLOSE>                               18,105<F1>
<ALLOWANCE-DOMESTIC>                            18,105<F1>
<ALLOWANCE-FOREIGN>                                  0<F1>
<ALLOWANCE-UNALLOCATED>                              0<F1>
<FN>
<F1>Balance specific to financial services segment
<F2>Consolidated financial statement balance
<F3>Includes gas plant in service, net $1,053,556
<F4>Balance includes consolidated deferred income taxes, accounts payable and
other accrued liabilities
<F5>Bank specific items including general and administrative expense, goodwill
amortization and loss from real estate operations
</FN>