<ARTICLE> 9 <LEGEND> The schedule contains summary information extracted from the March 31, 1997 Form 10-Q for NationsBank Corporation 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-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 11,008 <INT-BEARING-DEPOSITS> 2,065 <FED-FUNDS-SOLD> 8,579 <TRADING-ASSETS> 25,545 <INVESTMENTS-HELD-FOR-SALE> 20,010 <INVESTMENTS-CARRYING> 1,836 <INVESTMENTS-MARKET> 1,832 <LOANS> 148,716 <ALLOWANCE> (2,785) <TOTAL-ASSETS> 238,958 <DEPOSITS> 136,807 <SHORT-TERM> 48,539 <LIABILITIES-OTHER> 7,867 <LONG-TERM> 25,086 <PREFERRED-MANDATORY> 0 <PREFERRED> 173 <COMMON> 10,513 <OTHER-SE> 9,973 <TOTAL-LIABILITIES-AND-EQUITY> 238,958 <INTEREST-LOAN> 3,007 <INTEREST-INVEST> 373 <INTEREST-OTHER> 647 <INTEREST-TOTAL> 4,027 <INTEREST-DEPOSIT> 998 <INTEREST-EXPENSE> 2,077 <INTEREST-INCOME-NET> 1,950 <LOAN-LOSSES> 190 <SECURITIES-GAINS> 43 <EXPENSE-OTHER> 1,808 <INCOME-PRETAX> 1,108 <INCOME-PRE-EXTRAORDINARY> 1,108 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 709 <EPS-PRIMARY> .97 <EPS-DILUTED> .94 <YIELD-ACTUAL> 3.83 <LOANS-NON> 1,051 <LOANS-PAST> 320 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,315 <CHARGE-OFFS> 251 <RECOVERIES> 67 <ALLOWANCE-CLOSE> 2,785 <ALLOWANCE-DOMESTIC> 0<F1> <ALLOWANCE-FOREIGN> 0<F1> <ALLOWANCE-UNALLOCATED> 0<F1> <FN> <F1>Allowance-Domestic, Allowance-Foreign and Allowance-Unallocated are only disclosed on an annual basis in the Corporation's 10-K and are therefore not included in this Financial Data Schedule. The schedule contains summary information extracted from the March 31, 1997 Form 10-Q for NationsBank Corporation and is qualified in its entirety by reference to such financial statements. </FN>