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                                                                      Exhibit 11

                       Huntington Bancshares Incorporated
                       Computation of Earnings Per Share
                   For Periods Ended March 31, 1996, and 1995
             ( in thousands of dollars, except per share amounts )




Period Ended March 31,                            1996           1995
                                              -----------     -----------     
                                                                     
Net Income                                        $62,825         $54,862     
                                                                              
Effect of Convertible Debt                              6              13     
                                              -----------     -----------     
                                                                              
Fully Diluted Net Income                          $62,831         $54,875     
                                              ===========     ===========     
                                                                              
                                                                              
Average Common Shares Outstanding             135,054,096     140,192,042     
                                                                              
Dilutive Effect of Stock Options                1,058,336         779,532     
                                              -----------     -----------     
                                                                              
Average Common Shares and Common                                              
     Share Equivalents -- Primary             136,112,432     140,971,574     
                                                                              
Additional Dilutive Effect of Stock Options        19,381          15,127     
                                                                              
Dilutive Effect of Convertible Debt                47,445          94,849     
                                              -----------     -----------     
                                                                              
                                                                              
Fully Diluted Shares                          136,179,258     141,081,550     
                                              ===========     ===========     
                                                                              
                                                                              
Net Income per Common Share Outstanding             $0.47           $0.39     
Primary Earnings per Share                          $0.46           $0.39     
Fully Diluted Earnings per Share                    $0.46           $0.39