EXHIBIT 11

                             OLD KENT FINANCIAL CORPORATION
                                                                                                      
                          PRIMARY EARNINGS PER SHARE CALCULATION                                       

All periods have been adjusted to reflect 5% stock dividend paid in August, 1995
                                               
                                               
                                  Three Months Ended September      Nine Months Ended September 
P R I M A R Y                        1 9 9 5       1 9 9 4             1 9 9 5       1 9 9 4    
                                                                                    
NET INCOME.........................$38,316,000   $36,955,000        $110,412,000   $106,700,000 
Less: Preferred stock dividends....    -  0  -       -  0  -             -  0  -        -  0  -

INCOME FOR PRIMARY
 E.P.S. CALCULATION................$38,316,000   $36,955,000        $110,412,000   $106,700,000

Avg common shares outstanding...... 45,321,550    45,463,219          45,256,537     45,169,679
Common stock equivalents...........    349,195       279,047             337,978        259,823

SHARES FOR PRIMARY
 E.P.S. CALCULATION................ 45,670,745    45,742,266          45,594,516     45,429,502

PRIMARY E.P.S......................      $0.84         $0.81               $2.42          $2.35