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EXHIBIT 11
THE CHASE MANHATTAN CORPORATION
COMPUTATION OF EARNINGS PER COMMON SHARE
For a discussion of the computation of basic and diluted earnings per common
share, see Note 10 of Chase's 1999 Annual Report.
(in millions, except per share amounts) Three Months Ended Nine Months Ended
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September 30, September 30,
2000 1999 2000 1999
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BASIC EARNINGS PER SHARE
Earnings:
Net Income $ 884 $ 1,187 $ 3,335 $ 3,753
Less: Preferred Stock Dividends 13 19 46 55
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Net Income Applicable to Common Stock $ 871 $ 1,168 $ 3,289 $ 3,698
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Shares:
Basic Average Common Shares Outstanding 1,267.3 1,232.3 1,235.4 1,248.9
Net Income per Share $ 0.69 $ 0.95 $ 2.66 $ 2.96
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DILUTED EARNINGS PER SHARE
Earnings:
Net Income Applicable to Common Stock $ 871 $ 1,168 $ 3,289 $ 3,698
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Shares:
Basic Average Common Shares Outstanding 1,267.3 1,232.3 1,235.4 1,248.9
Additional Shares Issuable upon Exercise of Stock Options
for Dilutive Effect 44.5 42.2 43.7 42.5
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Average Common Shares Outstanding Assuming Dilution 1,311.8 1,274.5 1,279.1 1,291.4
Net Income per Share $ 0.66 $ 0.92 $ 2.57 $ 2.86
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