Exhibit 11

North Fork Bancorporation, Inc.

COMPUTATION OF NET INCOME PER COMMON AND COMMON EQUIVALENT SHARE
June 30, 2006
(unaudited)

	Three Months Ended				Six Months Ended
(dollars in thousands, except per share amounts)	June 30, 2006		June 30, 2005		June 30, 2006		June 30, 2005
Net Income	$	220,817	$	242,066	$	430,945	$	501,101
Common and Common Equivalent Shares:
Weighted Average Common Shares Outstanding		455,279		469,413		454,601		467,953
Weighted Average Common Equivalent Shares		5,216		5,496		5,098		6,165
Weighted Average Common and Common Equivalent Shares		460,495		474,909		459,699		474,118
Net Income per Common Share — Basic	$	.49	$	.52	$	.95	$	1.07
Net Income per Common and Common Equivalent Share — Diluted		.48		.51		.94		1.06

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