Exhibit 11

CHARTER ONE FINANCIAL, INC.
COMPUTATION OF PER SHARE EARNINGS

|                            |                                                                            |  |                                               |             |                  |  |         |             |         |  |   |             |  |  |   |             | 
|--------------------------- | -------------------------------------------------------------------------- |  | --------------------------------------------- | ----------- | ---------------- |  | ------- | ----------- | ------- |  | - | ----------- |  |  | - | ----------- | 
|                            |                                                                            |  | Three Months Ended                            |             | Six Months Ended
|                            |                                                                            |  |                                               |             |                 
|                            |                                                                            |  | 6/30/00                                       |             | 6/30/99          |  | 6/30/00 |             | 6/30/99
|                            |                                                                            |  |                                               |             |                  |  |         |             |        
|                            |                                                                            |  | (Dollars in thousands, except per share data)
|Basic earnings per share:  
|                           
|                           
|                           
|                           
|                            | Weighted average number of common
shares outstanding                       |  |                                               | 207,241,293 |                  |  |         | 214,209,456 |         |  |   | 208,333,201 |  |  |   | 214,187,266 | 
|                            |                                                                            |  |                                               |             |                  |  |         |             |         |  |   |             |  |  |   |             | 
|                            | Net income                                                                 |  | $                                             | 103,287     |                  |  | $       | 108,376     |         |  | $ | 214,996     |  |  | $ | 211,322     | 
|                            |                                                                            |  |                                               |             |                  |  |         |             |         |  |   |             |  |  |   |             | 
|                            | Basic earnings per share                                                   |  | $                                             | .50         |                  |  | $       | .51         |         |  | $ | 1.03        |  |  | $ | .99         | 
|                            |                                                                            |  |                                               |             |                  |  |         |             |         |  |   |             |  |  |   |             | 
|Diluted earnings per share:
|                           
|                           
|                           
|                           
|                            | Weighted average number of common
shares outstanding                       |  |                                               | 207,241,293 |                  |  |         | 214,209,456 |         |  |   | 208,333,201 |  |  |   | 214,187,266 | 
|                           
|                           
|                           
|                           
|                            | Add common stock equivalents for shares
issuable under stock option plans  |  |                                               | 3,848,209   |                  |  |         | 5,315,730   |         |  |   | 3,253,434   |  |  |   | 5,406,719   | 
|                            |                                                                            |  |                                               |             |                  |  |         |             |         |  |   |             |  |  |   |             | 
|                            | Weighted average number of common and
common equivalent shares outstanding |  |                                               | 211,089,502 |                  |  |         | 219,525,186 |         |  |   | 211,586,635 |  |  |   | 219,593,985 | 
|                            |                                                                            |  |                                               |             |                  |  |         |             |         |  |   |             |  |  |   |             | 
|                            | Net income                                                                 |  | $                                             | 103,287     |                  |  | $       | 108,376     |         |  | $ | 214,996     |  |  | $ | 211,322     | 
|                            |                                                                            |  |                                               |             |                  |  |         |             |         |  |   |             |  |  |   |             | 
|                            | Diluted earnings per share                                                 |  | $                                             | .49         |                  |  | $       | .49         |         |  | $ | 1.02        |  |  | $ | .96         | 
|                            |                                                                            |  |                                               |             |                  |  |         |             |         |  |   |             |  |  |   |             |