EXHIBIT 11 -- PROFORMA COMPARISON OLD KENT FINANCIAL CORPORATION EARNINGS PER SHARE CALCULATIONS - PRIMARY AND FULLY DILUTED Three Months Ended March 31 1 9 9 6 1 9 9 5 P R I M A R Y NET INCOME.................................. $39,234,000 $34,703,000 Deduct dividends on preferred stock......... - 0 - - 0 - INCOME FOR PRIMARY E.P.S. CALCULATION....... $39,234,000 $34,703,000 Average common shares outstanding........... 45,282,193 45,243,822 Common stock equivalents.................... 348,450 354,163 SHARES FOR PRIMARY E.P.S. CALCULATION....... 45,630,643 45,597,985 PRIMARY E.P.S............................... $0.86 $0.76