Exhibit 11

North Fork Bancorporation, Inc.

COMPUTATION OF NET INCOME PER COMMON AND COMMON EQUIVALENT SHARE
March 31, 2004
(unaudited)

	Three Months Ended
	March 31, 2004		March 31, 2003
Net Income	$	102,518,601	$	103,539,181
Common and Common Equivalent Shares:
Weighted Average Common Shares Outstanding		148,269,027		153,929,220
Weighted Average Common Equivalent Shares		1,977,244		1,546,696
Weighted Average Common and Common Equivalent Shares		150,246,271		155,475,916
Net Income per Common Share - Basic	$	0.69	$	0.67
Net Income per Common and Common Equivalent Share - Diluted	$	0.68	$	0.67