<ARTICLE> 9 <LEGEND> The schedule contains summary information extracted from the March 31, 1998 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-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 13,421 <INT-BEARING-DEPOSITS> 1,841 <FED-FUNDS-SOLD> 10,914 <TRADING-ASSETS> 23,751 <INVESTMENTS-HELD-FOR-SALE> 50,271 <INVESTMENTS-CARRYING> 1,028 <INVESTMENTS-MARKET> 1,040 <LOANS> 179,486 <ALLOWANCE> (3,245) <TOTAL-ASSETS> 314,503 <DEPOSITS> 170,046 <SHORT-TERM> 75,947 <LIABILITIES-OTHER> 13,743 <LONG-TERM> 29,547 <PREFERRED-MANDATORY> 0 <PREFERRED> 91 <COMMON> 10,202 <OTHER-SE> 14,927 <TOTAL-LIABILITIES-AND-EQUITY> 314,503 <INTEREST-LOAN> 3,775 <INTEREST-INVEST> 842 <INTEREST-OTHER> 652 <INTEREST-TOTAL> 5,269 <INTEREST-DEPOSIT> 1,203 <INTEREST-EXPENSE> 2,739 <INTEREST-INCOME-NET> 2,530 <LOAN-LOSSES> 265 <SECURITIES-GAINS> 152 <EXPENSE-OTHER> 2,457 <INCOME-PRETAX> 900 <INCOME-PRE-EXTRAORDINARY> 836 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 497 <EPS-PRIMARY> .52 <EPS-DILUTED> .51 <YIELD-ACTUAL> 3.82 <LOANS-NON> 1,388 <LOANS-PAST> 362 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 3,277 <CHARGE-OFFS> 351 <RECOVERIES> 74 <ALLOWANCE-CLOSE> 3,245 <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. </FN>