<ARTICLE> 9 <CIK> 0000774203 <NAME> WACHOVIA CORPORATION <MULTIPLIER> 1000 <CURRENCY> US <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <EXCHANGE-RATE> 1 <CASH> 3,110,827 <INT-BEARING-DEPOSITS> 92,156 <FED-FUNDS-SOLD> 803,065 <TRADING-ASSETS> 791,419 <INVESTMENTS-HELD-FOR-SALE> 8,299,719 <INVESTMENTS-CARRYING> 1,324,588 <INVESTMENTS-MARKET> 1,354,480 <LOANS> 48,428,086 <ALLOWANCE> 548,540 <TOTAL-ASSETS> 67,013,469 <DEPOSITS> 40,815,519 <SHORT-TERM> 10,355,547 <LIABILITIES-OTHER> 1,900,187 <LONG-TERM> 8,515,499 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,011,153 <OTHER-SE> 4,415,564 <TOTAL-LIABILITIES-AND-EQUITY> 67,013,469 <INTEREST-LOAN> 1,944,028 <INTEREST-INVEST> 301,431 <INTEREST-OTHER> 31,532 <INTEREST-TOTAL> 2,276,991 <INTEREST-DEPOSIT> 615,792 <INTEREST-EXPENSE> 1,051,913 <INTEREST-INCOME-NET> 1,225,078 <LOAN-LOSSES> 155,161 <SECURITIES-GAINS> 10,687 <EXPENSE-OTHER> 1,072,815 <INCOME-PRETAX> 745,602 <INCOME-PRE-EXTRAORDINARY> 490,786 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 490,786 <EPS-BASIC> 2.41 <EPS-DILUTED> 2.37 <YIELD-ACTUAL> 4.36 <LOANS-NON> 209,550 <LOANS-PAST> 99,486 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 548,302 <CHARGE-OFFS> 90,207 <RECOVERIES> 15,881 <ALLOWANCE-CLOSE> 548,540 <ALLOWANCE-DOMESTIC> 0<F1> <ALLOWANCE-FOREIGN> 0<F1> <ALLOWANCE-UNALLOCATED> 0<F1> <FN> <F1> *** Available at Year-end only </FN>