EXHIBIT 11 -- PROFORMA COMPARISON OLD KENT FINANCIAL CORPORATION EARNINGS PER SHARE CALCULATIONS - PRIMARY AND FULLY DILUTED Three Months Ended March 31 1 9 9 7 1 9 9 6 P R I M A R Y NET INCOME..................................... $41,004,000 $39,234,000 Deduct dividends on preferred stock............ - 0 - - 0 - INCOME FOR PRIMARY E.P.S. CALCULATION.......... $41,004,000 $39,234,000 Average common shares outstanding.............. 45,802,768 47,546,303 Common stock equivalents....................... 308,134 365,873 SHARES FOR PRIMARY E.P.S. CALCULATION.......... 46,110,902 47,912,175 PRIMARY E.P.S.................................. $0.89 $0.82 EXHIBIT 27 - FINANCIAL DATA SCHEDULE