Exhibit 11

CHARTER ONE FINANCIAL, INC.
COMPUTATION OF PER SHARE EARNINGS

		Three Months Ended				Nine Months Ended
		9/30/03		9/30/02		9/30/03		9/30/02
		(Dollars in thousands, except per share data)
Basic earnings per share:
	Net income	$	159,149	$	143,562	$	472,677	$	431,942
	Weighted average common shares outstanding		224,399,805		228,765,954		224,966,297		230,549,330
	Basic earnings per share	$	.71	$	.63	$	2.11	$	1.87
Diluted earnings per share:
	Net income	$	159,149	$	143,562	$	472,677	$	431,942
	Weighted average common shares outstanding		224,399,805		228,765,954		224,966,297		230,549,330
	Add common stock equivalents for shares issuable under stock option plans		6,262,124		6,849,503		5,773,193		7,104,231
	Weighted average common and common equivalent shares outstanding		230,661,929		235,615,457		230,739,490		237,653,561
	Diluted earnings per share	$	.69	$	.61	$	2.05	$	1.82

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