Exhibit 11

North Fork Bancorporation, Inc.

COMPUTATION OF NET INCOME PER COMMON AND COMMON EQUIVALENT SHARE
September 30, 2005
(unaudited)

	Three Months Ended				Nine Months Ended
(dollars in thousands, except per share amounts)	September 30, 2005		September 30, 2004		September 30, 2005		September 30, 2004
Net Income	$	237,296	$	119,728	$	738,397	$	331,244
Common and Common Equivalent Shares:
Weighted Average Common Shares Outstanding		470,004		252,162		468,644		237,398
Weighted Average Common Equivalent Shares		5,623		3,323		6,313		3,684
Weighted Average Common and Common Equivalent Shares		475,627		255,485		474,957		241,082
Net Income per Common Share — Basic	$	.50	$	.47	$	1.58	$	1.39
Net Income per Common and Common Equivalent Share — Diluted	$	.50	$	.47	$	1.55	$	1.37

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