<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS STATEMENT CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED FINANCIAL STATEMENTS OF BAYBANKS, INC. FOR THE TWELVE-MONTH PERIOD
ENDED DECEMBER 31, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               DEC-31-1995
<CASH>                                         922,031
<INT-BEARING-DEPOSITS>                         163,164
<FED-FUNDS-SOLD>                               198,000
<TRADING-ASSETS>                                50,755
<INVESTMENTS-HELD-FOR-SALE>                  2,549,127
<INVESTMENTS-CARRYING>                          54,398
<INVESTMENTS-MARKET>                            54,398
<LOANS>                                      7,771,093
<ALLOWANCE>                                    153,688
<TOTAL-ASSETS>                              12,063,501
<DEPOSITS>                                  10,217,407
<SHORT-TERM>                                   718,941
<LIABILITIES-OTHER>                            111,120
<LONG-TERM>                                     64,849
<COMMON>                                        39,286
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     911,898
<TOTAL-LIABILITIES-AND-EQUITY>              12,063,501
<INTEREST-LOAN>                                634,648
<INTEREST-INVEST>                              147,613
<INTEREST-OTHER>                                17,169
<INTEREST-TOTAL>                               799,430
<INTEREST-DEPOSIT>                             234,188
<INTEREST-EXPENSE>                             291,998
<INTEREST-INCOME-NET>                          507,432
<LOAN-LOSSES>                                   25,000
<SECURITIES-GAINS>                                  40
<EXPENSE-OTHER>                                479,054
<INCOME-PRETAX>                                222,669
<INCOME-PRE-EXTRAORDINARY>                     137,374
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   137,374
<EPS-PRIMARY>                                     7.01
<EPS-DILUTED>                                        0
<YIELD-ACTUAL>                                    5.11
<LOANS-NON>                                     63,830
<LOANS-PAST>                                    40,472
<LOANS-TROUBLED>                                 5,949
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               146,835
<CHARGE-OFFS>                                   52,019
<RECOVERIES>                                    23,567
<ALLOWANCE-CLOSE>                              153,688
<ALLOWANCE-DOMESTIC>                             8,752
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        144,936
        

</TABLE>