<PAGE>
EXHIBIT 11
NEUBERGER BERMAN INC.
AND SUBSIDIARIES
COMPUTATION OF NET INCOME PER COMMON SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
<TABLE>
<CAPTION>
FOR THE THREE MONTHS FOR THE SIX MONTHS
ENDED JUNE 30, ENDED JUNE 30,
--------------------- -------------------
2000 1999 2000 1999
--------- --------- -------- --------
<S> <C> <C> <C> <C>
Total average common stock used for earning per
share computation--basic.......................... 49,174 42,727 49,325 42,727
------- ------- ------- --------
Total average common stock used for earning per
share computation--diluted........................ 49,473 42,727 49,475 42,727
------- ------- ------- --------
Net income.......................................... $38,705 $69,281 $78,946 $141,081
------- ------- ------- --------
Net income per common share--basic.................. $ 0.79 $ 1.62 $ 1.60 $ 3.30
------- ------- ------- --------
Net income per common share--diluted................ $ 0.78 $ 1.62 $ 1.60 $ 3.30
------- ------- ------- --------
</TABLE>
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