EX-11 27 dex11.htm STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS Statement re: Computation of Per Share Earnings

Exhibit 11

 

NEW YORK COMMUNITY BANCORP, INC.

 

STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS

 

(unaudited)

 

     Three Months Ended
September 30,
    Nine Months Ended
September 30,

(in thousands, except per share data)

    2003
    2002(1)
    2003
    2002(1)

Net income

    $ 72,185    $ 60,358    $ 211,306    $ 164,808

Weighted average common shares outstanding

      132,201      138,261      133,940      135,125
    
  
  
  

Basic earnings per common share

    $ 0.55    $ 0.44    $ 1.58    $ 1.22
    
  
  
  

Weighted average common shares outstanding

      132,201      138,261      133,940      135,125

Additional dilutive shares using average market value for the period when utilizing the treasury stock method regarding stock options

      4,855      1,439      3,318      1,343
    
  
  
  

Total shares for diluted earnings per share

      137,056      139,700      137,258      136,468
    
  
  
  

Diluted earnings per common share and common share equivalents

    $ 0.53    $ 0.44    $ 1.54    $ 1.21
    
  
  
  
(1) Share amounts for the three and nine months ended September 30, 2003 have been adjusted to reflect a 4-for-3 stock split on May 21, 2003.