GREENPOINT FINANCIAL CORP. AND SUBSIDIARIES
Exhibit 11.1
Statement Regarding Computation of Per Share Earnings
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Quarter Ended Nine Months Ended
September 30, September 30,
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2000 1999 2000 1999
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(In millions, except per share amounts)
<S> <C> <C> <C> <C>
Net income $ 67.0 $ 61.7 $ 190.2 $ 156.6
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Weighted average number of common shares outstanding
during each year - basic 89.5 96.2 90.5 95.3
Weighted average number of common shares and common
stock equivalents outstanding during each year -
diluted 91.1 98.1 91.7 97.6
Basic earnings per share $ 0.75 $ 0.64 $ 2.10 $ 1.64
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Diluted earnings per share $ 0.74 $ 0.63 $ 2.07 $ 1.61
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