COLUMBUS, Ohio, April 15 /PRNewswire/ -- John B. McCoy, Chairman and Chief
Executive Officer of BANC ONE CORPORATION, (NYSE: ONE) announced that the
Corporation's Board of Directors declared a second quarter cash dividend of
$.38 per share on BANC ONE Common Stock which is payable on June 30, 1997 to
shareholders of record as of June 13, 1997.
BANC ONE's Board of Directors also declared a cash dividend of $.875 per
share on shares of BANC ONE Series C Convertible Preferred Stock. This
dividend is payable on June 30, 1997 to shareholders of record as of June 13,
1997.
BANC ONE CORPORATION had assets of $101.6 billion and common equity of
$8.2 billion at March 31, 1997. BANC ONE now operates 1,502 offices in
Arizona, Colorado, Illinois, Indiana, Kentucky, Louisiana, Ohio, Oklahoma,
Texas, Utah, West Virginia and Wisconsin. BANC ONE also owns several
additional corporations that engage in credit card and merchant processing,
consumer finance, mortgage banking, insurance, venture capital, investment
and merchant banking, trust, brokerage, investment management, equipment
leasing and data processing.
Information about BANC ONE's financial results and its products and
services can be accessed on the Internet at: http://www.bankone.com and
through InvestQuest (TM) at http://www.investquest.com or
Fax-on-demand: 614-844-3860.
SOURCE Banc One Corporation
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CONTACT:
Jacqueline R. Spak, 614-248-1280, Jay S.
Gould, 614-248-0189, or John A. Russell, 614-248-5989, all of
BANC ONE
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