<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 
FINANCIAL STATEMENTS OF FIRST FINANCIAL MANAGEMENT CORPORATION FOR THE QUARTER 
ENDED MARCH 31, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH 
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               MAR-31-1995
<CASH>                                             296
<SECURITIES>                                         0
<RECEIVABLES>                                      419
<ALLOWANCES>                                         7
<INVENTORY>                                          0
<CURRENT-ASSETS>                                   813
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                   3,022
<CURRENT-LIABILITIES>                              589
<BONDS>                                            620
<COMMON>                                             6
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                       1,466
<TOTAL-LIABILITY-AND-EQUITY>                     3,022
<SALES>                                             13
<TOTAL-REVENUES>                                   684
<CGS>                                                9
<TOTAL-COSTS>                                      611
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   8
<INCOME-PRETAX>                                     60
<INCOME-TAX>                                        25
<INCOME-CONTINUING>                                 35
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                        35
<EPS-PRIMARY>                                     0.56
<EPS-DILUTED>                                     0.56