EXHIBIT 11 -- PROFORMA COMPARISON OLD KENT FINANCIAL CORPORATION EARNINGS PER SHARE CALCULATIONS - PRIMARY AND FULLY DILUTED Three Months Ended March 31 1 9 9 5 1 9 9 4 P R I M A R Y Restated NET INCOME...................................... $34,703,000 $32,891,000 Deduct dividends on preferred stock............. -0- -0- INCOME FOR PRIMARY E.P.S. CALCULATION........... $34,703,000 $32,891,000 Average common shares outstanding............... 43,089,354 42,530,640 Common stock equivalents........................ 337,298 245,008 SHARES FOR PRIMARY E.P.S. CALCULATION........... 43,426,652 42,775,648 PRIMARY E.P.S................................... $0.80 $0.77