<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF UNION PLANTERS CORPORATION FOR THE THREE MONTHS ENDED
MARCH 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-01-1998
<EXCHANGE-RATE>                                      1
<CASH>                                         660,528
<INT-BEARING-DEPOSITS>                          20,425
<FED-FUNDS-SOLD>                               309,415
<TRADING-ASSETS>                               163,698
<INVESTMENTS-HELD-FOR-SALE>                  3,287,664
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                     12,980,680
<ALLOWANCE>                                    223,837
<TOTAL-ASSETS>                              18,413,614
<DEPOSITS>                                  13,581,227
<SHORT-TERM>                                   442,051
<LIABILITIES-OTHER>                            576,959
<LONG-TERM>                                  2,003,935
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                     36,972
<COMMON>                                       419,326
<OTHER-SE>                                   1,353,144
<TOTAL-LIABILITIES-AND-EQUITY>              18,413,614
<INTEREST-LOAN>                                294,440
<INTEREST-INVEST>                               48,541
<INTEREST-OTHER>                                 6,154
<INTEREST-TOTAL>                               349,135
<INTEREST-DEPOSIT>                             124,085
<INTEREST-EXPENSE>                             158,428
<INTEREST-INCOME-NET>                          190,707
<LOAN-LOSSES>                                   17,909
<SECURITIES-GAINS>                               5,215
<EXPENSE-OTHER>                                153,624
<INCOME-PRETAX>                                114,892
<INCOME-PRE-EXTRAORDINARY>                      74,572
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    74,572
<EPS-PRIMARY>                                      .89
<EPS-DILUTED>                                      .86
<YIELD-ACTUAL>                                    8.71
<LOANS-NON>                                    104,884
<LOANS-PAST>                                   465,157
<LOANS-TROUBLED>                                 1,862
<LOANS-PROBLEM>                                 24,622
<ALLOWANCE-OPEN>                               225,389
<CHARGE-OFFS>                                   27,744
<RECOVERIES>                                     4,881
<ALLOWANCE-CLOSE>                              223,837
<ALLOWANCE-DOMESTIC>                           223,837
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0
        

</TABLE>