Earnings Per Share of Capital

6 Months Ended

Jun. 30, 2026

Note 15. Earnings Per Share of Capital.

The FHLBNY has a single class of capital stock, and earnings per share computation is for the Class B capital stock.

The following table sets forth the computation of earnings per share. Basic and diluted earnings per share of capital are the same. The

FHLBNY has no dilutive potential common shares or other common stock equivalents (dollars in thousands except per share

amounts):


	Three months ended June 30,		Six months ended June 30,
	2026	2025	2026	2025
Net income	$153,346	$153,061	$307,203	$308,720
Net income available to stockholders	$153,346	$153,061	$307,203	$308,720
Weighted average shares of capital	66,686	60,959	62,536	59,729
Less: Mandatorily redeemable capital stock	(73)	(80)	(73)	(62)
Average number of shares of capital used to calculate earnings per share	66,613	60,879	62,463	59,667
Basic earnings per share	$2.30	$2.51	4.92	$5.17